Short Term correction expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(02-11-2022)
Nifty-Intra Day Chart (01-Nov-2022):-
Technical Patterns formation in today intraday charts
1- Up moves after gap up strong opening
2- Selling between 18121-18175
3- Selling between 18104-18155
4- Whole day actual trading between 18061-18175
Conclusions from intra day chart analysis
Anthough firstly up moves after gap up strong opening but selling was seen in 3 hours and after that follow up selling also developed in last 2 hours therefore Short Term correction is expected below today lowest(18060.15)