Watch immediate supports/resistances
after 355 Points high volatility
Nifty-Intra Day Chart Analysis &
Market Outlook(28-05-2025)
Nifty-Intra Day Chart (27-May-2025):-
Technical Patterns formation in today intraday charts
1- 208 Points fall in first hour after negative opening
2- Consolidation between 24748-24791
3- 321 Points sharp up
4- 355 Points fall in more than 2 hours
5- 134 Points up in last hour
6- Whole day trading between 24705-25062
Conclusions from intra day chart analysis
Although lower levels consolidation was seen between 24748-24791 but whole day only high volatility between 24705-25062 and one sided clear technical position formations were also not seen therefore firstly sustaining beyond following immediate supports and immediate resistances should be watched for next decisive moves beginning confirmations:-
1- Immediate supports 24748-24791
2- Immediate resistances 25028-25079