Finally sustaining beyond 24536-24767 will confirm next decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(15-05-2025)
Nifty-Intra Day Chart (14-May-2025):-
Technical Patterns formation in today intraday charts
1- Selling between 24701-24767
2- Sharp fall
3- Consolidation between 24561-24646
4- Whole day trading between 24536-24767
Conclusions from intra day chart analysis
Although firstly upward moves after positive opening and Nifty traded 189 [points up also but higher levels good intraday selling developed therefore sharp fall was seen in Mid-session and Nifty traded 67 points down also after loosing all intraday gains. As lower levels consolidation was also seen in last 2 hours therefore whole day yesterday trading will be understood with Mixed Patterns formations between 24536-24767 hence Nifty will firstly 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 which should be finally watched in the coming session for next decisive moves beginning confirmations.