Today started up moves
continuation expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(21-06-2022)
Nifty-Intra Day Chart (20-Jun-2022):-
Technical Patterns formation in today intraday charts
1- Down moves in Bullish Falling Channel
2- Consolidation between 15253-15312
3- Down moves in Bullish Falling Channel
4- Consolidation between 15264-15322
5- Whole day actual trading between 15192-15382
Conclusions from intra day chart analysis
Although positive opening but not sustaining at higher levels and down moves started. As Down moves were in Bullish Falling Channel therefore after that up moves were seen.
As three times good consolidation in Mid-session therefore up moves were seen in last hour and its continuation is expected in the coming sessions also.