Rally continuation towards
next resistance
Nifty-Intra Day Chart Analysis &
Market Outlook(22-06-2021)
Nifty-Intra Day Chart (21-Jun-2021):-
Technical Patterns formation in today intraday charts
1- Whole day up moves with downward corrections
2- Whole day actual trading between 15506-15765
Conclusions from intra day chart analysis
Following resistances were posted on 19-06-2021 in "Crucial level will confirm next trend":-
A- 15716-15744(Strong resistances)
B- 15770-15835
C- 15873-15894
As whole day up moves with downward corrections and selling patterns were not seen as well as today closing was above 1st resistance therefore rally continuation will be seen towards above mentioned next 2nd resistance.