18209 will confirm next
decisive moves
Nifty-Intra Day Chart Analysis &
Market Outlook(21-10-2021)
Nifty-Intra Day Chart (20-Oct-2021):-
Technical Patterns formation in today intraday charts
1- Selling between 18379-18458
2- Down moves with upward corrections
3- Down moves in Bullish Falling Channel
4- Up moves in last half hour
5- Whole day actual trading between 18209-18458
Conclusions from intra day chart analysis
As good selling in first more than 4 hours therefore down moves remained continued till last hour but some supports were also seen at lower levels in last hour therefore hence sustaining beyond today lowest(18209) should be firstly watched tomorrow for:-
1- Sharp down moves towards 18000 below 18209
2- Up moves towards 18556 above 18209