Sustaining above 25118 will mean
fresh upward moves towards/above
all time top(26277.30)
Nifty-Intra Day Chart Analysis &
Market Outlook(10-06-2025)
Nifty-Intra Day Chart (09-Jun-2025):-
Technical Patterns formation in today intraday charts
1- 82 Points fall in first hour after 130 points gap up opening
2- 63 Points up moves with downward corrections.
3- Down moves in Bullish Falling Channel
4- Last 3 hours trading with some volatility between 25092-25118
5- Whole day trading between 25078-25160
Conclusions from intra day chart analysis
Although firstly 82 points fall in first hour after 130 points gap up opening but after that 63 Points up moves were with downward corrections and after that Down moves were seen in Bullish Falling Channel also therefore it will be understood that consolidation patterns developed in first 3 hours.
As last 3 hours trading was with some volatility between 25092-25114 therefore firstly sustaining beyond this range should be watched in the coming sessions for next decisive moves beginning confirmations amid upward moves expectations because consolidation patterns were seen in first 3 hours. It should also be kept in mind that once sustaining above 25118 will mean fresh upward moves beginning towards/above all time top(26277.30) after previous 20 sessions trading range(24379-25116) break out confirmations.