Sustaining beyond 18065-18255 will confirm next intraday decisive moves
Nifty-Intra Day Chart Analysis &
Market Outlook(09-11-2022)
Nifty-Intra Day Chart (07-Nov-2022):-
Technical Patterns formation in today intraday charts
1- Firstly 135 down moves in first 2 hours down moves with upward corrections
2- Selling between 18100-18158
3- Sharp fall
4- Up moves with downward corrections
5- Whole day actual trading between 18065-18255
Conclusions from intra
day chart analysis
Although firstly 135 down moves in first 2 hours but were with upward corrections and after that selling between 18100-18158 also therefore sharp fall was seen in after 01:00 PM. As last 2 hours up moves were with downward corrections also therefore last Monday intraday trading will be understood with both consolidation and selling patterns formations between 18065-18255 and firstly sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.