16526-16589 will confirm next
Short Term moves
Nifty-Intra Day Chart (16-Aug-2021):-
Technical Patterns formation in today intraday charts
1- Mixed Patterns formation between 16526-16589
2- Whole day actual trading between 16481-16589
Conclusions from intra day chart analysis
Although firstly slipping after flat opening but recovery from lower levels also and almost whole day trading with Mixed Patterns formation between 16526-16589 therefore expected that Nifty will firstly trade and prepare for next Short Term moves within and near about this trading range tomorrow.
Let Nifty to sustain beyond 16526-16589 and then confirm next Short Term moves.