Up moves towards today highest
Nifty-Intra Day Chart Analysis &
Market Outlook(15-11-2022)
Nifty-Intra Day Chart (14-Nov-2022):-
1- Firstly up moves after gap up opening.
2- 70 Points sharp fall in first hour.
3- Down moves in Bullish Falling Channels.
4- Whole day actual trading between 18312-18399
Conclusions from intra day
chart analysis
Although firstly up moves after gap up opening but 70 points sharp fall was seen in first hour. As after that intraday consolidation through Down moves in Bullish Falling Channels also therefore firstly up moves are expected towards today highest. Finally sustaining above today highest(18,399.45) should be watched for next decisive up moves towards life time highest(18,604.50).