2 Levels will confirm today

decisive moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(08-01-2025)

Nifty-Intra Day Chart (07-Jan-2025):-

Technical Patterns formation in today intraday charts

1- Volatility in first hour between 23638-23795

2- More than 5 hours sideways trading between 23691-23765

3- Whole day actual trading between 23638-23795

Conclusions from intra day chart analysis 

Although firstly 157 points Volatility in first hour but after that more than 5 hours 74 points narrow range sideways trading developed yesterday. As one sided intraday patterns formations were not seen yesterday therefore next intraday decisive moves beginning will be seen after sustaining beyond following 2 intraday trading levels of yesterday which should be watched one by one for first signal and final confirmation of today intraday decisive moves beginning:-

1- 23691-23765(First signal)

2- 23638-23795(Final confirmation)

Upward moves expectations towards

 today highest

Nifty-Intra Day Chart Analysis & 

Market Outlook(07-01-2025)

Nifty-Intra Day Chart (06-Jan-2025):-

Technical Patterns formation in today intraday charts

1- Down moves with upward corrections

2- More than 3 hours consolidation patterns formations between 23552-23769

3- Whole day actual trading between 23552-24089

Conclusions from intra day chart analysis 

Although firstly upward moves after positive opening but selling started through down moves with upward corrections which remained continued more than 2 hours. As More than 3 hours consolidation patterns formations also therefore upward moves are expected towards today highest(24089) and finally sustaining it beyond should be watched tomorrow for next decisive moves beginning confirmations