Watch Levels after Trump's 25% tariffs
imposing decision led high Volatility
Nifty-Intra Day Chart Analysis & Market
Outlook(01-08-2025)
Nifty-Intra Day Chart (31-Jul-2025):-
Technical Patterns formation in today intraday charts
1- Consolidation between 24635-24722
2- Up moves with downward corrections
3- Down moves with upward corrections
4- Whole day trading between 24635-24956
Conclusions from intra day chart analysis
As US President Donald Trump's decision to impose 25% tariffs on goods imported from India therefore:-
1- Firstly downward moves were seen after 129 points gap down opening and
2- Nifty traded 220 points down also in first 3 minutes but
3- lower levels consolidation was seen in first 2 hours and after that upward moves were seen with downward corrections which is a intraday consolidation pattern also
4- therefore Nifty traded 101 points up after recovering all initial losses.
Down moves with upward corrections also developed in last 2 hours which is a intraday selling pattern therefore:-
1- Nifty slipped 200 points from higher levels in less than last 2 hours and
2- finally Nifty closed 86.70 down also.
As Trump's decision led high intraday volatility today and one sided intraday positions formations were not seen therefore finally sustaining beyond today trading range(24635-24956) should be watched in the coming sessions for next decisive moves beginning confirmations.