Finally sustaining beyond 24357-24408 will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(07-05-2025)
Nifty-Intra Day Chart (06-May-2025):-
Technical Patterns formation in today intraday charts
1- 137 Points fall in little more than 1 hour.
2- More than 5 hours trading with mixed Patterns formation between 24357-24408
3- Whole day trading between 24332-24509
Conclusions from intra day chart analysis
Following lines were told today at 12:36 AM in "Downward moves expectations below today lowest":-
downward moves are expected below
today lowest(24401) in the coming sessions.
As was told 100% same happened and
Nifty closed 81.55 points down at 24379.60 today.
Although little positive opening today morning but could not sustain at higher levels because higher levels good intraday selling was seen yesterday and Nifty fallen 137 Points in little more than 1 hour. As more than 5 hours trading was with mixed Patterns formation between 24357-24408 therefore firstly Nifty will trade and prepare for next decisive moves within and near about this trading range as well as finally sustaining it beyond will confirm next decisive moves beginning hence it should be finally watched tomorrow for next intraday decisive moves beginning confirmations.