On going Pull Back rally continuation
will be seen
Nifty-Intra Day Chart Analysis &
Market Outlook(31-01-2025)
Nifty-Intra Day Chart (30-Jan-2025):-
Technical Patterns formation in today intraday charts
1- Sharp up
2- Consolidation Patterns formation between 23226-23309
3- Consolidation Patterns formation between 23140-23196
4- Sharp up
5- Whole day actual trading between 23140-23322
Conclusions from intra day chart analysis
Although firstly some downward moves after flat opening but after that sharp upward moves developed because good intraday consolidation was seen in previous sessions. As almost 5 hours consolidation Patterns formation in Mid-Session and in last hours also therefore again sharp upward moves were seen in last half hour also. It is clear that whole day only consolidation Patterns formations today therefore on going Pull Back rally continuation will be seen in the coming sessions.