Watch levels for next decisive moves confirmations
Intra Day Chart Analysis & Market Outlook
(04-02-2020)
Nifty-Intra Day Chart (03-Feb-2020):- |
| Just click on chart for its enlarged view |
1- Up moves in Bearish Rising Channels
2- Selling between 11616-11749
3- Support between 11648-11705
4- Up moves in Bearish Rising Channel
5- Whole day actual trading between 11615-11749
Conclusions from intra day chart analysis
As both selling and consolidation patterns formations therefore whole day today trading will be understood with Mixed Patterns formation between 11615-11749 hence firstly Nifty will trade and prepare for next decisive moves within this range tomorrow and finally sustaining it beyond should be watched for next decisive moves confirmations.