Upward moves expectations
towards/above today highest
Nifty-Intra Day Chart Analysis &
Market Outlook(02-07-2025)
Nifty-Intra Day Chart (01-Jul-2025):-
Technical Patterns formation in today intraday charts
1- Volatility in first hour after positive opening
2- More than 5 hours consolidation Patterns formation between 25502-25552
3- Whole day trading between 25502-25593
Conclusions from intra day chart analysis
Although firstly volatility in first hour after positive opening but after that more than 5 hours consolidation Patterns formation was seen between 25502-25552 therefore upward moves are expected towards/above today highest and sustaining beyond today highest should be watched for next intraday decisive moves beginning confirmations. It should also be kept in mind that until Nifty will not sustain below today lowest after complete intraday selling patterns formations till then decisive downward moves will not be seen.