Upward moves above today highest
Nifty-Intra Day Chart Analysis &
Market Outlook(08-08-2024)
Nifty-Intra Day Chart (07-Aug-2024):-
Technical Patterns formation in today intraday charts
1- Consolidation between 24185-24269
2- Whole day actual trading between 24185-24337
Conclusions from intra day chart analysis
Although higher levels selling but consolidation was also seen in last 3 hours through Down moves in Bullish Falling Channel yesterday therefore 296 points positive opening today. As lower levels consolidation between 24185-24269 today therefore upward moves are expected above today highest(24337) in the coming sessions.