On going rally continuation expectations
towards next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(24-07-2025)
Nifty-Intra Day Chart (23-Jul-2025):-
Technical Patterns formation in today intraday charts
1- Almost 3 hours consolidation between 25086-25134
2- Up moves with downward corrections
3- Whole day trading between 25086-25233
Conclusions from intra day chart analysis
As firstly almost 3 hours consolidation between 25086-25134 and after that remaining whole day up moves were with downward corrections and it is a consolidation pattern also therefore on going rally continuation is expected towards next resistances(25323-25340),finally sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.