Watch 2 levels for Post Union-Budget-2022 big moves beginning confirmations
Nifty-Intra Day Charts Analysis &
Market Outlook(01-02-2022)
Nifty-Intra Day Chart (Jan 28 & Jan 31,2022):-
Technical Patterns formation in last 2 Sessions intraday charts
1- Selling between 17319-17373 on 28-01-2022
2- Sideways trading between 17277-17373 on 28-01-2022
3- Sharp down moves in Mid-session on 28-01-2022
4- Whole day sideways trading between 17268-17410 on 31-01-2022
5- Last 2 Sessions actual trading between 17078-17410
Conclusions from 2 Sessions
intra day chart analysis
More than 10 hours sideways trading between 17268-17410 in last 2 sessions therefore firstly sustaining it beyond should be watched tomorrow for Post-Budget decisive moves beginning confirmations. As good selling between 17319-17373 on 28-01-2022 therefore sustaining below 17268 will mean sharp fall.
Firstly watch above mentioned 2 levels tomorrow for above updated big moves beginning confirmations after Union-Budget-2022.