Rally continuation with BJP victory
Election results declaration
Nifty-Intra Day Chart Analysis &
Market Outlook(04-06-2024)
Nifty-Intra Day Chart (03-Jun-2024):-
Technical Patterns formation in today intraday charts
1- Whole day up moves with downward corrections
2- Whole day actual trading between 23063-23338
Conclusions from intra day chart analysis
As emergence of huge BJP victory expectations after Exit Poll results on 01-06-2024 therefore firstly gap up strong opening of Indian markets today morning and after that whole day up moves were with downward corrections which is a consolidation pattern also hence on going rally will remain continued with BJP victory Election results declaration tomorrow.