Finally 20044-20115 will confirm
next Very Short Term Trend
Nifty-Intra Day Chart Analysis &
Market Outlook(15-09-2023)
Nifty-Intra Day Chart (14-Sep-2023):-
Technical Patterns formation in today intraday charts
1- Firstly up moves after Gap up opening
2- Selling between 20141-20167
3- Downward moves
4- Sideways trading in last 5 hours between 20044-20115
5- Whole day actual trading between 20044-20167
Conclusions from intra day chart analysis
Although firstly up moves after Gap up opening but higher levels selling developed therefore downward moves were seen after that. As sideways trading in last 5 hours between 20044-20115 and both selling and consolidation patterns were seen within this range therefore firstly Nifty will have to prepare for next one sided decisive moves beginning which will be done within and near about this last 5 hours trading range. Let Nifty prepare then finally next Very Short Term Trend will be decided according to sustaining beyond last 5 hours trading range(20044-20115).