Down moves below 16522
Nifty-Intra Day Chart Analysis &
Market Outlook(01-06-2022)
Nifty-Intra Day Chart (31-May-2022):-
Technical Patterns formation in today intraday charts
1- Up moves in Bearish Rising Channel
2- Selling between 16620-16690
3- Whole day actual trading between 16522-16690
Conclusions from intra day chart analysis
As firstly Up moves in Bearish Rising Channel and after that selling between 16620-16690 therefore sharp down moves were seen in last hour and its continuation is expected below today lowest(16522) in the coming sessions also.