Firstly watch 11237 for immediate up moves confirmations
Nifty-Intra Day Chart Analysis &
Market Outlook(29-09-2020)
Nifty-Intra Day Chart (28-Sep-2020):-
Technical Patterns formation in today intraday charts
1- Whole day up moves with downward corrections
2- Slow up moves in last 3 hours
2- Whole day actual trading between 11100-11239
Conclusions from intra day chart analysis
Following resistances were updated on 26-09-2020 in "Firstly up moves towards next resistances but finally correction continuation towards next supports":-
1- 11119-11170
2- 11206-11237
3- 11277-11319
4- 11476-11529(Strong)
5- 11556-11598(Strong)
6- 11626-11670
7- 11742-11777
Although whole day up moves with downward corrections after gap up opening and as such selling patterns were not seen but up moves were slow in last 3 hours between above mentioned 2nd resistance range(11206-11237) and today closing was also within this range at 11,227.55 therefore firstly sustaining above 11237 should be watched tomorrow for immediate up moves confirmations.