Finally sustaining beyond 24765-24879
will confirm next one sided
decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(30-07-2025)
Nifty-Intra Day Chart (29-Jul-2025):-
Technical Patterns formation in today intraday charts
1- Consolidation between 24599-24731
2- Upward moves in Mid-Session
3- Consolidation between 24765-24796
4- Upward moves in last half hour
5- Whole day trading between 24599-24847
Conclusions from intra day chart analysis
Although firstly some downward moves after 71 points weaker opening but lower levels consolidation developed in first 4 hours therefore upward moves were seen in Mid-Session. As again some consolidation developed in last hours therefore again upward moves were seen in last half hour.
Immediate resistances are between 24802-24879 and Nifty traded last hours within this range as well as consolidated also just below it between 24765-24796. As more consolidation is required to sustain above 24879 therefore expected that Nifty will firstly trade within and near about 24765-24879 to prepare for next decisive moves beginning hence firstly sustaining beyond this range should be watched tomorrow for next decisive one sided moves beginning confirmations.