Watch 19431-19469 amid intraday
correction expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(07-07-2023)
Nifty-Intra Day Chart (06-Jul-2023):-
Technical Patterns formation in today intraday charts
1- Up moves after negative opening
2- More than 4 hours Mixed Patterns formation between 19431-19469
3- Up moves in Bearish Rising Channel
4- Whole day actual trading between 19373-19512
Conclusions from intra day chart analysis
Although negative opening but after that up moves were seen and today closing was at the top of the day. As more than 4 hours mixed Patterns formation between 19431-19469 and last hour up moves were in Bearish Rising Channel therefore firstly intraday correction is expected towards this range and finally sustaining beyond this range will confirm next intraday decisive moves beginning which should be finally watched for its confirmations.