Upward moves expectations towards
today highest
Nifty-Intra Day Chart Analysis & Market
Outlook(06-06-2025)
Nifty-Intra Day Chart (05-Jun-2025):-
Technical Patterns formation in today intraday charts
1- Sharp up in first hour
2- Consolidation between 24686-24764
3- Sharp up in Mid-Session
4- Down moves in Bullish Falling Channel
5- Consolidation between 24696-24776
6- Whole day trading between 24613-24899
Conclusions from intra day chart analysis
As good intraday consolidation yesterday therefore firstly sharp upward moves were seen from lower levels in first hour and after that almost 2 hours fresh consolidation hence again sharp upward moves developed in Mid-Session. Although more than 200 points downward moves in Mid-Session but were in Bullish Falling Channel and after that almost 2 hours fresh consolidation in last hours therefore upward moves are expected towards today highest(24899) and finally sustaining it beyond should be watched for the next intraday decisive moves beginning confirmations.