18134-18188 will confirm next
one sided big moves
Nifty-Intra Day Chart Analysis &
Market Outlook(22-11-2022)
Nifty-Intra Day Chart (21-Nov-2022):-
Technical Patterns formation in today intraday charts
1- 158 Points fall in first half hour after weaker opening
2- More than 5 hours sideways trading between 18134-18188
3- Whole day actual trading between 18134-18262
Conclusions from intra day chart analysis
As all the Asian markets and US markets Futures were trading in Red today morning therefore sentiment was depressed hence 158 Points fall in first half hour after weaker opening. More than 5 hours sideways trading between 18134-18188 and Nifty is preparing for next one sided big moves within this range therefore firstly sustaining it beyond or forceful break out/down of this trading range should be watched tomorrow for its beginning confirmations.