Up moves towards next reasistances
Nifty-Intra Day Chart Analysis &
Market Outlook(20-09-2022)
Nifty-Intra Day Chart (19-Sep-2022):-
Technical Patterns formation in today intraday charts
1- More than 100 points sharp fall after flat opening
2- More than 200 points recovery from lower levels in first hour
3- Consolidation between 17581-17667
4- Whole day actual trading between 17430-17667
Conclusions from intra day chart analysis
Although firstly more than 100 points sharp fall after flat opening in first 15 minutes but after that more than 200 points recovery from lower levels in first hour and then more than 5 hours higher levels good intraday consolidation between 17581-17667 therefore up moves are expected towards next reasistances between 17763-17798.