15793-15851 will generate first signal of next decisive move beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(29-06-2021)
Nifty-Intra Day Chart (28-Jun-2021):-
Technical Patterns formation in today intraday charts
1- Volatility after opening
2- Selling between 15840-15874
3- More than 3 hours sideways trading between 15793-15851
4- Whole day actual trading between 15793-15915
Conclusions from intra day chart analysis
Firstly volatility after opening and after that selling developed therefore some down moves were seen. As FM Nirmala Sitaraman Press Conference was at 03:00 PM today therefore last more than 3 hours trading turned sideways between 15793-15851 and closing was also within it hence firstly sustaining beyond this range should be watched tomorrow for first signal of next decisive move beginning.