Watch today highest amid firstly 

up moves expectations

Nifty-Intra Day Chart Analysis & Market

Outlook(20-09-2024)

Nifty-Intra Day Chart (19-Sep-2024):-

Technical Patterns formation in today intraday charts

1- Up moves after strong opening

2- 216 Points down in first 3 hours

3- More than 3 hours consolidation between 25377-25466

4- Whole day actual trading between 25377-25611

Conclusions from intra day chart analysis 

As FOMC announcements led stronger Global cues today morning therefore firstly up moves after strong opening and new life time top formations also but good intraday selling was seen in previous sessions therefore not sustaining at higher levels and Nifty slipped 216 points in first 3 hours. Lower levels more than 3 hours consolidation was also seen therefore:-

1- Firstly up moves are expected towards today highest

2- Sustaining beyond today highest should also be watched for next decisive moves beginning confirmations.

3- Until Nifty will not sustain below today lowest after complete intraday selling till then decisive down moves will not be seen.

 Sustaining beyond 25324-25401 will 

confirm next decisive moves beginning 

Nifty-Intra Day Chart Analysis & Market

Outlook(19-09-2024)

Nifty-Intra Day Chart (18-Sep-2024):-

Technical Patterns formation in today intraday charts

1- Up moves after little negative opening

2- Selling between 25444-25482

3- 195 Points fall in Mid-session

4- Volatility between 25324-25401

5- Whole day actual trading between 25286-25482

Conclusions from intra day chart analysis 

Although firstly up moves after little negative opening but higher levels selling developed in almost nrxt 2 hours and intraday selling was also seen in both previous sessions also therefore 195 points fall was seen in Mid-session. As volatile trading in last 2 hours between 25324-25401 therefore firstly sustaining beyond this range should be watched tomorrow for next decisive moves beginning confirmations.

Down moves expectations below

 today lowest

Nifty-Intra Day Chart Analysis &

Market Outlook(18-09-2024)

Nifty-Intra Day Chart (17-Sep-2024):-

Technical Patterns formation in today intraday charts

1- Volatility in first hour after positive opening between 25353-25399

2- Up moves in Bearish Rising Channel

3- Last 4 hours selling between 25408-25441

4- Whole day actual trading between 25353-25441

Conclusions from intra day chart analysis 

Although positive opening but immediately slipping in negative zone in first 5 minutes and after that volatility was seen in first hour. As after that up moves were seen in Bearish Rising Channel and last 4 hours selling also between 25408-25441 therefore:-

1- Down moves are expected below today lowest(25353) in the coming sessions and 

2- Firstly sustaining beyond today lowest should be watched for next intraday drciive mobrs beginning confirmations.

Finally sustaining beyond 25337-25445

 will confirm next bigger decisive

 moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(17-09-2024)

Nifty-Intra Day Chart (16-Sep-2024):-

Technical Patterns formation in today intraday charts

1- Selling between 25394-25445

2- Consolidation between 25337-25373

3- Selling between 25391-25421

4- Whole day actual trading between 25337-25445

Conclusions from intra day chart analysis 

Although firstly up moves after positive opening but higher levels selling developed therefore down moves were seen in Mid-session. As lower levels cosolidation developed therefore some up moves were also seen but again selling developed in last 2 hours therefore whole day today trading will be understood with Mixed patterns formations between 25337-25445.

 

Expected that Nifty will firstly trade and prepare for next decisive bigger moves within and near about 25337-25445 as well as finally sustaining it beyond will confirm it hence it should be firstly watched in the coming sessions for next bigger decisive moves beginning confirmations.