Downward moves expectations
below today lowest
Nifty-Intra Day Chart Analysis &
Market Outlook(05-12-2024)
Nifty-Intra Day Chart (04-Dec-2024):-
Technical Patterns formation in today intraday charts
1- Selling between 24510-24573
2- Sharp fall
3- Selling between 24509-24539
4- Sharp fall
5- Whole day actual trading between 24367-24573
Conclusions from intra day chart analysis
As higher levels intraday selling was seen yesterday and fresh selling developed 2 times today also therefore 2 times sharp fall was seen today and resultant downward moves below today lowest(24573) are expected in the coming sessions.