Watch 22076-22218 for next one sided big moves beginning confirmations
Nifty-Intra Day Chart Analysis &
Market Outlook(28-02-2024)
Nifty-Intra Day Chart (27-Feb-2024):-
Technical Patterns formation in today intraday charts
1- Whole day up moves with lower levels supports and higher levels selling
2- Whole day actual trading between 22086-22218
Conclusions from intra day chart analysis
Although negative opening today but up moves started which remained continued till last half hour. As whole day up moves were with lower levels supports and higher levels selling as well as almost whole day today trading was within and near about yesterday trading range(22076-22202) therefore expected that firstly Nifty will trade and prepare for next decisive within last 2 sessions trading range(22076-22218). Fiinally sustaining beyond last 2 sessions trading range should be watched tomorrow for next one sided big movew beginning confirmations.