Finally sustaining beyond 24074-24492
will confirm next bigger decisive
moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(29-10-2024)
Nifty-Intra Day Chart (28-Oct-2024):-
Technical Patterns formation in today intraday charts
1- Down moves after positive opening
2- Sharp up
3- Selling between 24387-24492
4- 85 Points sharp fall developed in last half hour
5- Whole day actual trading between 24135-24492
Conclusions from intra day
chart analysis
Live Proofs of our 100% accurate Nifty
predictions & Analysis
Following lines were told on 26-10-2024 in "Intermediate Term Trend is Down & Watch Levels after Israel attacked Iran on 26-10-2024":-
Pull Back Rally is also expected in the beginning of next week
As was told 100% same happened today and Nifty traded 311 points up as well as closed 158 points up today.
Although firstly positive opening but immediately down moves were seen and once Nifty traded in negative zone also. As lower levels good intraday consolidation was seen between 24074-24158 last Friday therefore Nifty could not sustain at lower levels and sharply moved up as well as once traded 311 points up also. As higher levels good intraday selling was also seen in Mid-Session therefore 85 points sharp fall developed in last half hour.
As lower levels good intraday consolidation between 24074-24158 last Friday and higher levels good selling was also seen between 24387-24492 today therefore expected that Nifty will firstly traded and prepare for next decisive moves between 24074-24492 in the coming sessions and finally sustaining beyond this trading range will confirm next bigger decisive moves beginning which should be watched in the coming sessions for its confirmations.