Downward moves towards next supports

Nifty-Intra Day Chart Analysis & 

Market Outlook(31-10-2024)

Nifty-Intra Day Chart (30-Oct-2024):-

Technical Patterns formation in today intraday charts

1- Up moves with downward corrections

2- Selling between 24415-24463

3- Sharp down

4- Selling between 24415-24463

3- Whole day actual trading between 24331-24376

Conclusions from intra day chart analysis 

Although 95 points weaker opening and after that firstly up moves started with downward corrections but selling developed and remained continued almost 2 hours therefore therefore Sharp down moves were seen after 1 PM. As lower levels follow up selling also in last 2 hours therefore downward moves towards next supports(24141-24252) will be seen tomorrow and firstly sustaining it beyond should be watched for next decisive moves beginning confirmations.

Finally sustaining beyond 24387-24492 will generate fresh bigger decisive moves

Nifty-Intra Day Chart Analysis & 

Market Outlook(30-10-2024)

Nifty-Intra Day Chart (29-Oct-2024):-

Technical Patterns formation in today intraday charts

1- 188 Points down in first 2 hours after negative opening

2- Consolidation between 24141-24252

3- Up moves with downward corrections

4- Consolidation between 24269-24312

5- Sharp up

6- Mixed Patterns formation between 24412-24484

7- Whole day actual trading between 24141-24484

Conclusions from intra day chart analysis 

As higher levels good intraday selling was seen yesterday therefore firstly 188 Points down moves in first 2 hours after negative opening but lower levels good intraday consolidation developed and after that up moves were seen with downward corrections which is also a consolidation pattern. Follow up consolidation in Mid-Session also hence sharp up moves were seen and Nifty closed near the higher levels of the day.

Although Nifty closed 124 ponts up after 325 points recovery from lower levels but Mixed Patterns formation was seen in last hours between 24412-24484 and selling was seen between 24387-24492 yesterday also therefore expected that Nifty will firstly trade and prepare for next decisive moves between 24387-24492. As finally sustaining beyond this range will generate fresh bigger decisive moves therefore should be watched tomorrow for its confirmations.

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.