Finally sustaining beyond 22613-22775 will confirm next decisive moves beginning
Nifty-Intra Day Chart Analysis & Market
Outlook(12-04-2024)
Nifty-Intra Day Chart (10-Apr-2024):-
Technical Patterns formation in today intraday charts
1- More than 4 hours trading with mixed Patterns formation between 22674-22725
2- Slow up moves with downward corrections
3- Whole day actual trading between 22674-22775
Conclusions from intra day chart analysis
Although positive opening last wednesday but firstly more than 4 hours trading was with mixed Patterns formation and after that last more than 2 hours slow up moves were with downward corrections therefore whole day trading will be understood without one-sided trading patterns formations. As whole day trading was with mixed Patterns formation therefore Nifty will firstly trade within last 2 sessions trading range(22613-22775) and finally sustaining it beyond will confirm next one-sided decisive moves beginning hence it should be watched for next decisive moves beginning confirmations..