Down moves expectations 

towards next supports

Nifty-Intra Day Chart Analysis & 

Market Outlook(30-09-2022)

Nifty-Intra Day Chart (29-Sep-2022):-

Technical Patterns formation in today intraday charts

1- Firstly up moves after strong opening

2- Down moves with upward corrections

3- Selling between 16795-16877

4- Whole day actual trading between 16789-17026

Conclusions from intra day chart analysis 

Although firstly up moves after strong opening but selling developed through Down moves with upward corrections and after follow up selling between 16795-16877 also therefore firstly down moves are expected towards following next supports between 16654-16746 and finally sustaining it beyond should be watched for next Short Term moves beginning confirmations.

Up moves expectations towards

next resistances

Nifty-Intra Day Chart Analysis & 

Market Outlook(29-09-2022)

Nifty-Intra Day Chart (28-Sep-2022):-

Technical Patterns formation in today intraday charts

1- Up moves with downward corrections

2- Down moves in Bullish Falling Channel

3- Whole day actual trading between 16821-17037

Conclusions from intra day chart analysis 

Although gap down opening today but Consolidation was seen between 16943-17059 in last 2 sessions therefore firstly up moves were seen towards 17037.60. As these up moves were with downward corrections and after down moves were in Bullish Falling Channel therefore intraday consolidation patterns formations will be understood for today and firstly up moves are expected towards next resistances between 17063-17170 as well as finally sustaining it beyond should be watched for next Short Term moves beginning confirmations..

 16943-17264 will confirm 

Long Term trend & next big moves

Nifty-Intra Day Charts Analysis & 

Market Outlook(28-09-2022)

Nifty-Intra Day Chart (Sep 26 & Sep 27,2022):-

Technical Patterns formation in last 2 Sessions intraday charts

1- Sharp fall after gap down opening on 26-09-2022

2- Consolidation between 16979-17059 on 26-09-2022

3- Selling between 17120-17165 on 26-09-2022

4- Sharp fall in last hour on 26-09-2022

5- Selling between 17118-17170 on 27-09-2022

6- Consolidation between 16943-17048 on 27-09-2022

7- Selling between 17063-17116 on 27-09-2022

8- Consolidation between 16968-17028 on 27-09-2022

9- Last 2 Sessions actual trading between 16943-17196 

Conclusions from 2 Sessions

intra day chart analysis 

First 2 following supports were posted on 24-09-2022 in "Watch supports amid high possibility of deeper correction beginning":-

1- 17038-17097

2- 16948-17018(Gap support)

Positions of Intermediate and Long Term averages are as follows:-

1- 55-Day SMA is today at 17264

2- 200-Day SMA is today at 16990

Last 37 Sessions and 19 sessions like big trading range lowest(17167) was forcefully broken down yesterday therefore it is strong indication of deeper correction beginning.

As Nifty traded in last 2 sessions with higher levels selling and lower levels supports also between 16943-17196 and this range was within and near about above mentioned supports and Intermediate/Long Term averages therefore sustaining beyond 16943-17264 should be firstly watched in the coming sessions for Long Term trend and next big moves confirmations.

 As busy therefore Stock Market Outlook of today(27-09-2022) is not being updated.