Watch immediate resistance for next
decisive moves beginning confirmations
Nifty-Intra Day Chart Analysis &
Market Outlook(12-08-2025)
Nifty-Intra Day Chart (11-Aug-2025):-
Technical Patterns formation in today intraday charts
1- Whole day upward moves with downward corrections
2- Whole day trading between 24348-24600
Conclusions from intra day chart analysis
Although whole day upward moves with downward corrections and intraday selling patterns were also not seen but Nifty has closed today within immediate resistance(24584-24628) at 24585.5 therefore firstly sustaining beyond this resistance should be watched tomorrow for next decisive moves beginning confirmations.