Upward moves expectations towards
next resistances
Nifty-Intra Day Chart Analysis & Market
Outlook(07-02-2025)
Nifty-Intra Day Chart (06-Feb-2025):-
Technical Patterns formation in today intraday charts
1- 145 Points down moves in first hour
2- Consolidation between 23557-23621
3- Whole day actual trading between 23557-23773
Conclusions from intra day chart analysis
Although positive opening but higher levels selling was seen yesterday therefore could not sustain and firstly 145 points down moves were seen in first hour. As consolidation developed in last 4 hours therefore upward moves are expected towards next resistances(23745-23807) and finally sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.