Finally sustaining beyond 23494-23558
will confirm next intraday decisive
moves beginning amid firstly
up moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(25-06-2024)
Nifty-Intra Day Chart (24-Jun-2024):-
Technical Patterns formation in today intraday charts
1- 151 Points down in first minute after weaker opening
2- 2 Hours up moves with downward corrections
3- More than 4 hours sideways trading between 23494-23558
4- Whole day actual trading between 23350-23558
Conclusions from intra day chart analysis
Although firstly 151 points down in first minute after weaker opening but after that 2 Hours up moves were seen with downward corrections which means fresh consolidation developed therefore firstly up moves are expected tomorrow. As more than last 4 hours sideways trading between 23494-23558 therefore finally sustaining beyond this range should also be watched tomorrow for next intraday decisive moves beginning confirmations amid firstly up moves expectations.