Finally down moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(27-02-2024)
Nifty-Intra Day Chart (26-Feb-2024):-
Technical Patterns formation in today intraday charts
1- Up moves after gap down opening
2- Sharp fall
3- Selling between 22122-22151
4- Consolidation between 22076-22112
5- Selling between 22121-22174
6- Whole day actual trading between 22076-22202
Conclusions from intra day chart analysis
Live Proofs of our 100% accurate
Nifty predictions & Analysis
Following lines were told on 24-02-2024 in "Short Term correction on cards":-
Nifty will move below the lowest of last
Friday in the beginning on next week.
As was told last Friday 100% same happened today and:-
1- Nifty opened below last Friday lowest ie gap down opening was seen today
2- Nifty closed 90 points down today
Although some up moves were seen after gap down opening today but not sustaining at intraday higher levels and immediately sharp fall developed because good intraday selling was seen last Friday. As fresh selling in Mid Session and last hour also therefore finally down moves are expected below today lowest but firstly sideways trading will be seen within today trading range(22076-22202) because some consolidation was also seen above today lowest.