Firstly watch sustaining beyond
25231-25294 for next intraday decisive
moves beginning confirmations
Nifty-Intra Day Chart Analysis &
Market Outlook(04-10-2024)
Nifty-Intra Day Chart (03-Oct-2024):-
Technical Patterns formation in today intraday charts
1- Some up moves after gap down opening
2- Sharp downward moves
3- Sideways trading in last 2 hours between 25231-25294
4- Whole day actual trading between 25231-25639
Conclusions from intra day chart analysis
As Iran attacked on Israel therefore huge Geo Political uncertainty with war escalation developed hence negative sentiments led sharp downward moves were seen in Indian markets after gap down opening. As sideways trading in last 2 hours between 25231-25294 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.