Finally sustaining beyond 24511-24677 will confirm next bigger decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(11-12-2024)
Nifty-Intra Day Chart (10-Dec-2024):-
Technical Patterns formation in today intraday charts
1- Selling between 24624-24677
2- Downward moves
3- Consolidation between 24511-24570
4- Whole day actual trading between 24511-24677
Conclusions from intra day chart analysis
Although firstly some upward moves after positive opening but higher levels fresh selling developed and intraday selling patterns were senn in previous sessions also therefore downward moves were seen in Mid-session. As lower levels consolidation patterns formations also therefore whole day today trading will be understood with Mixed Patterns formations between 24511-24677 and Nifty will firstly trade as well as prepare for next decisive moves within and near about today trading range. Let Nifty prepare after that firstly through intraday trading patterns formations and finally sustaining beyond today trading range will confirm next bigger decisive moves beginning which should be watched in the coming sessions.