Finally sustaining beyond 25002-25061
will confirm next decisive
moves beginning
Nifty-Intra Day Chart Analysis & Market
Outlook(15-07-2025)
Nifty-Intra Day Chart (14-Jul-2025):-
Technical Patterns formation in today intraday charts
1- More than 100 points fall in first half hour after flat opening.
2- Upward moves
3- Selling between 25116-25129
4- Sharp down
5- More than 3 hours consolidation between 25002-25061
6- Sharp up
7- Whole day trading between 25002-25151
Conclusions from intra day chart analysis
Although firstly more than 100 points fall in first half hour after flat opening but after that upward moves were also seen in next hour. As some selling also developed after some upward moves therefore sharp fall was seen after that.
As more than 3 hours consolidation between 25002-25061 in Mid Session therefore sharp upward moves were also seen in last hour until until Nifty will not sustain below today lowest(25002) after complete selling till then decisive downward moves will not be seen and once sustaining above 25061 will mean fresh upward moves beginning after on going Short Term correction completion. It is clear that finally sustaining beyond 25002-25061 will confirm next decisive moves beginning.