17287 will confirm next intraday decisive moves
Nifty-Intra Day Chart Analysis &
Market Outlook(06-10-2022)
Nifty-Intra Day Chart (04-Oct-2022):-
Technical Patterns formation in today intraday charts
1- Whole day up moves with intraday corrections
2- Whole day actual trading between 17118-17287
Conclusions from intra day chart analysis
As whole day up moves with intraday corrections after strong opening therefore up moves are expected but Very Short Term indicators have turned Over bought therefore expected that Nifty will firstly trade and prepare for next intraday decisive moves near about last Tuesday highest(17287). As follow up moves and finally sustaining it beyond will confirm it hence should be firstly watched for its confirmations.