Up moves towards next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(09-12-2022)
Nifty-Intra Day Chart (08-Dec-2022):-
Technical Patterns formation in today intraday charts
1- Firstly more than 3 hours elections results led volatility
2- Up moves with downward corrections
3- Whole day actual trading between 18537-18625
Conclusions from intra day
chart analysis
Although firstly slipping after opening but got supports within yesterday mentioned mentioned 1st supports range(18527-18554) at 18,536.95 and after that elections results led volatility was seen in the next more than 3 hours.
As last more than 2 hours up moves were with downward corrections therefore up moves are expected towards next resistances between 18651-18665.