Up moves expectations towards
today highest
Nifty-Intra Day Chart Analysis & Market
Outlook(13-02-2024)
Nifty-Intra Day Chart (12-Feb-2024):-
Technical Patterns formation in today intraday charts
1- Down moves in Bullish Falling Channel
2- Consolidation between 21575-21726
3- Whole day actual trading between 21575-21831
Conclusions from intra day chart analysis
Although firstly some up moves after flat opening but down moves started which remined continued till 01:00 PM. As these Down moves were in Bullish Falling Channel and except this lower levels consolidation also therefore up moves are expected towards today highest(21831) but firstly sustaining above 21726 should also be watched tomorrow for next decisive moves beginning confirmations.