Finally sustaining beyond 24765-24902
will confirm next intraday decisive
moves beginning
Nifty-Intra Day Chart Analysis & Market
Outlook(31-07-2025)
Nifty-Intra Day Chart (30-Jul-2025):-
Technical Patterns formation in today intraday charts
1- Whole day trading with mixed Patterns formation between 24784-24885
2- Whole day trading between 24771-24902
Conclusions from intra day chart analysis
Following lines were told at 11:41 PM on 29-07-2025 in "Finally sustaining beyond 24765-24879 will confirm next one sided decisive moves beginning":-
expected that Nifty will firstly trade within and near about 24765-24879 to prepare for next decisive moves beginning
As was told 100% same happened and Nifty traded whole day within and near about 24765-24879 as well as closed within this range at 24855.05 today.
Although firstly some upward moves after good opening but intraday selling developed therefore downward moves begun and Nifty traded 49 down also within first 2 hours. As upward moves started after lower levels some consolidation and Nifty recovered 131 points in next one hour as well as traded in green also but higher levels selling was also seen in the next 4 hours also.
As both lower levels consolidation and higher levels selling patterns were seen therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about 24771-2490 therefore finally sustaining beyond this range should be watched for next decisive moves beginning confirmations.