Up moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(16-03-2022)
Nifty-Intra Day Chart (15-Mar-2022):-
Technical Patterns formation in today intraday charts
1- Whole day down moves in Bullish Falling Channels
2- Whole day actual trading between 16555-16927
Conclusions from intra day chart analysis
Although closing little above the lower levels of the day after loosing 372 points from higher levels but Whole day down moves in Bullish Falling Channels therefore intraday consolidation will be understood and firstly up moves are expected towards 16927,let Nifty to sustain above it then decisive up moves will be seen.