Sustaining beyond 22872-22923 will
confirm next intraday decisive
moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(21-02-2025)
Nifty-Intra Day Chart (20-Feb-2025):-
Technical Patterns formation in today intraday charts
1- Volatility in first hpur after weaker opening
2- More than 5 hours sideways trading between 22872-22923
3- Whole day actual trading between 22813-22923
Conclusions from intra day chart analysis
Downward moves expectations towards next supports between 22760-22881 was told and Nifty got supports within this supports range.
Although volatility in first hour after 112 points weaker opening and Nifty traded whole day in negative zone also but more than 5 hours today trading was sideways between 22872-22923 as well as one sided intraday trading patterns were not seen within this range therefore firstly sustaining beyond this range should be watched in the coming session for next intraday decisive moves beginning confirmations.