Watch 23223 amid firstly upward
moves beginning expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(14-01-2025)
Nifty-Intra Day Chart (13-Jan-2025):-
Technical Patterns formation in today intraday charts
1- Selling between 23223-23340
2- Downward moves
3- Consolidation between 23048-23175
4- Whole day actual trading between 23048-23340
Conclusions from intra day chart analysis
Although up moves were seen after 236 points weaker and gap down opening and Nifty recovered 145 points also but selling patterns developed in first 3 hours therefore Nifty could not sustain at intrady higher levels and fresh downward moves begun as well as Nifty traded 484 points down also. As lower levels consolidation was also seen in last hour therefore firstly upward moves will be seen towards 23223 and sustaining it beyond should be firstly watched today for next intraday decisive moves beginning confirmations.