Short Term correction expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(19-06-2024)
Nifty-Intra Day Chart (18-Jun-2024):-
Technical Patterns formation in today intraday charts
1- Volatile market in first hour between 23500-23579
2- More than 4 hours selling Patterns formation between 23521-23549
3- Slow up moves in last half hour
4- Whole day actual trading between 23500-23579
Conclusions from intra day chart analysis
Although volatility in first hour after 105 points positive opening but after that more than 4 hours selling Patterns formations were also seen therefore Short Term correction is expected tomorrow.