Sustaining below 24791 will mean
more than 1% correction
Nifty-Intra Day Chart Analysis &
Market Outlook(23-08-2024)
Nifty-Intra Day Chart (22-Aug-2024):-
Technical Patterns formation in today intraday charts
1- Whole day sideways trading with selling patterns indications between 24791-24847
2- Whole day actual trading between 24785-24867
Conclusions from intra day chart analysis
As whole day sideways trading with selling patterns indications between 24791-24847 today and intraday selling patterns were seen in previous 2 sessions also therefore once sustaining below 24791 will mean more than 1% correction.