Upward moves expectations towards
today highest
Nifty-Intra Day Chart Analysis &
Market Outlook(07-01-2025)
Nifty-Intra Day Chart (06-Jan-2025):-
Technical Patterns formation in today intraday charts
1- Down moves with upward corrections
2- More than 3 hours consolidation patterns formations between 23552-23769
3- Whole day actual trading between 23552-24089
Conclusions from intra day chart analysis
Although firstly upward moves after positive opening but selling started through down moves with upward corrections which remained continued more than 2 hours. As More than 3 hours consolidation patterns formations also therefore upward moves are expected towards today highest(24089) and finally sustaining it beyond should be watched tomorrow for next decisive moves beginning confirmations