Finally sustaining beyond
20879-20927 will confirm next
intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(08-12-2023)
Nifty-Intra Day Chart (07-Dec-2023):-
Technical Patterns formation in today intraday charts
1- 81 Points fall in first 15 minutes after flat opening.
2- Consolidation between 20851-20885
3- Up moves with downward corrections
4- More than last 4 hours trading with mixed Patterns formation between 20879-20927
5- Whole day actual trading between 20851-20941
Conclusions from intra day chart analysis
Live Proofs of our 100% accurate Nifty predictions & Anlysis
Following lines were told at 09:04 PM yesterday in "Short Term down moves expectations below today lowest":-
"Short Term down moves below today lowest(20853) are expected tomorrow."
As was told 100% same happened and:-
1- Nifty slipped below yesterday lowest(20853) within first 15 minutes today.
and
2- Today lowest formation was at 20850.80
Although firstly 81 Points fall in first 15 minutes after flat opening but lower levels consolidation developed therefore up moves were seen after that. As these up moves were with downward corrections therefore new intraday highest was formed at 20941.25.
As more than last 4 hours trading with mixed Patterns formation between 20879-20927 therefore firstly Nifty will trade within and near about this range as well as prepare for next decisive moves. Finally sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.