Firstly watch sustaining beyond
25379-25501 for next intraday decisive
moves beginning confirmations
Nifty-Intra Day Chart Analysis & Market
Outlook(03-07-2025)
Nifty-Intra Day Chart (02-Jul-2025):-
Technical Patterns formation in today intraday charts
1- 60 Points up in first minute.
2- More than one hour Down moves with upward corrections.
3- Selling Patterns formation in Mid-Session between 25465-25501.
4- Sharp down.
5- Supports in last hours between 25379-25422.
6- Sharp up.
7- Whole day trading between 25379-25608.
Conclusions from intra day chart analysis
Although Nifty traded 60 points up in first minute and moved above yesterday highest(25593.4) also but selling developed at higher levels because Nifty is in short Term Correction mode. As firstly selling through more than one hour Down moves with upward corrections and Selling Patterns formation in Mid-Session also between 25465-25501 sharp fall was seen after that.
As lower levels Supports developed in last hours between 25379-25422 therefore sharp upward moves were seen hence it will be understood that both supports and selling was seen between 25379-25501 today and firstly Nifty will trade as well prepare for next decisive moves within this range therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.