Down moves expectations towards/below
today lowest
Nifty-Intra Day Chart Analysis &
Market Outlook(15-03-2024)
Nifty-Intra Day Chart (14-Mar-2024):-
Technical Patterns formation in today intraday charts
1- Up moves with downward corrections
2- Sharp up
3- Last 4 hours selling between 22087-22204
4- Whole day actual trading between 21918-22204
Conclusions from intra day chart analysis
Nifty got supports between 21906-22045 yesterday and Nifty got fresh supports within this range today also after slipping from negative opening level. As up moves started with downward correction within yesterday supports range therefore sharp up move was seen after 11:28 AM. Although Nifty closed with 148 points gains today but selling was seen at intraday higher levels between 22087-22204 in last 4 hours also therefore down moves are expected towards/below today lowest(21918) in the coming sessions.