Finally sustaining beyond 24427-24554
will confirm post Budget next Trend
Nifty-Intra Day Chart Analysis &
Market Outlook(24-07-2024)
Nifty-Intra Day Chart (23-Jul-2024):-
Technical Patterns formation in today intraday charts
1- More than 4 hours trading between 24427-24554
2- Union budget announcements led Volatility with lower levels supports in Mid-Session between 24075-24425
3- Whole day actual trading between 24075-24582
Conclusions from intra day chart analysis
As Union budget announcements led Volatility and technical positions reverses also during such high volatility as well as Indian markets has to react also through one sided decisive moves after Budget therefore finally sustaining beyond more than 4 hours trading range(24427-24554) of the Budget day should be watched for post Budget next Trend formation confirmations.