Sustaining beyond 21861-22007 will confirm next intraday decisive moves
Nifty-Intra Day Chart Analysis &
Market Outlook(01-03-2024)
Nifty-Intra Day Chart (29-Feb-2024):-
Technical Patterns formation in today intraday charts
1- 90 Points down in first hour
2- Almost whole day sideways trading between 21861-22007
3- Whole day actual trading between 21861-22060
Conclusions from intra day chart analysis
As whole day good intraday selling yesterdy therefore firstly Nifty moved down 90 points in first hour. As Nifty traded almost whole day sideways between 21861-22007 and one sided intraday trading patterns were not seen therefore firstly sustaining beyond this trading range should be watched tomorrow for next intraday decisive moves beginning confirmations.