Down moves below today lowest
Nifty-Intra Day Chart Analysis &
Market Outlook(19-07-2023)
Nifty-Intra Day Chart (18-Jul-2023):-
Technical Patterns formation in today intraday charts
1- Selling between 19784-19819
2- Sharp fall
3- Selling between 19741-19778
4- Whole day actual trading between 19691-19819
Conclusions from intra day chart analysis
Although most time positive zone trading after Green opening and today closing was also with 37.80 points gains but good intraday selling patterns were seen therefore down moves are expected below today lowest(19691) and sustaining beyond yesterday consolidation range(19599-19670) should be watched for next decisive intraday moves beginning confirmations.