Down moves towards next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(27-03-2024)
Nifty-Intra Day Chart (26-Mar-2024):-
Technical Patterns formation in today intraday charts
1- More than 5 hours selling between 22038-22073
2- Sharp fall
3- Sideways trading between 21994-22018
4- Whole day actual trading between 21994-22073
Conclusions from intra day chart analysis
As firstly more than 5 hours selling between 22038-22073 therefore sharp fall was seen after 02:30 PM. Although sideways trading was seen in last hour but higher levels good intraday selling today therefore down moves are expected below today lowest and towards next supports between 21795-21860 in the coming sessions.