Down moves expectations
towards next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(30-09-2022)
Nifty-Intra Day Chart (29-Sep-2022):-
Technical Patterns formation in today intraday charts
1- Firstly up moves after strong opening
2- Down moves with upward corrections
3- Selling between 16795-16877
4- Whole day actual trading between 16789-17026
Conclusions from intra day chart analysis
Although firstly up moves after strong opening but selling developed through Down moves with upward corrections and after follow up selling between 16795-16877 also therefore firstly down moves are expected towards following next supports between 16654-16746 and finally sustaining it beyond should be watched for next Short Term moves beginning confirmations.