Watch next resistances amid
firstly upward moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(17-07-2025)
Nifty-Intra Day Chart (16-Jul-2025):-
Technical Patterns formation in today intraday charts
1- More than 2 hours consolidation between 25122-25167
2- Up moves with downward corrections
3- Down moves in Bullish Falling Channel
4- Whole day trading between 25122-25255
Conclusions from intra day chart analysis
Although firstly downward moves after flat opening but lower levels consolidation developed in more than 2 hours therefore upward moves begun which remained continued in whole Mid-session. As firstly upward moves were with downward corrections and after that downward moves were in Bullish Falling Channel as well as these 2 are consolidation patterns therefore firstly upward moves are expected towards next resistances(25360-25427) and finally sustaining it beyond should be watched for next intraday decisive moves beginning confirmations.