Down moves expectations towards next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(16-09-2022)
Nifty-Intra Day Chart (15-Sep-2022):-
Technical Patterns formation in today intraday charts
1- Firstly up moves after positive opening
2- Down moves with upward corrections in first 2 hours
3- Last 4 hours selling between 17862-17959
4- Whole day actual trading between 17862-18096
Conclusions from intra day chart analysis
Although firstly up moves after positive opening but down moves started which were with upward corrections in first 2 hours and after that last 4 hours lower levels selling between 17862-17959 thereofre firstly down moves are expected below day's lowest and towards following next supports:-
1- 17706-17748
2- 17477-17591