Up moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(23-06-2022)
Nifty-Intra Day Chart (22-Jun-2022):-
Technical Patterns formation in today intraday charts
1- Down moves in Bullish Falling Channels
2- Consolidation between 15386-15463
3- Whole day actual trading between 15386-15565
Conclusions from intra day chart analysis
Although more than 4 hours down moves after weaker opening but Down moves were in Bullish Falling Channels and consolidation was seen in last hour between 15386-15463 therefore up moves are expected towards the lowest of yesterday Sideways trading range(15620).