More Downward Moves after
Indo-Pak full fledged war beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(09-05-2025)
Nifty-Intra Day Chart (08-May-2025):-
Technical Patterns formation in today intraday charts
1- Selling between 24324-24447
2- Sharp fall
3- Whole day trading between 24151-24447
Conclusions from intra day chart analysis
As risk of Indo-Pak war escalation was clearly seen therefore firstly more than 5 hours selling and after that sharp fall developed as well as Nifty closed 0.58% down also. Now full fledged war has been started and resultant more downward moves will be seen but in such situations current news led high volatility is also seen therefore remain cautious.