Sustaining above 24822 will
mean decisive upward
moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(29-05-2025)
Nifty-Intra Day Chart (28-May-2025):-
Technical Patterns formation in today intraday charts
1- Whole day sideways trading with consolidation Patterns indications between 24738-24822
2- Whole day trading between 24738-24864
Conclusions from intra day chart analysis
Although firstly downward moves after flat opening and Nifty traded almost whole day in negative zone as welll as closed 114 points down also but almost whole day sideways trading was with consolidation Patterns indications between 24738-24822 therefore once sustaining above 24822 will mean decisive upward moves beginning which should be firstly watched tomorrow for its confirmations.