Sustaining above 22141 will mean
upward moves towards 22216-22297
Nifty-Intra Day Chart Analysis &
Market Outlook(04-03-2025)
Nifty-Intra Day Chart (03-Mar-2025)
Technical Patterns formation in today intraday charts
1- Firstly 67 Points up moves after 69 points positive opening.
2- 242 Points sharp fall in first hour.
3- Consolidation between 22052-22063
4- Consolidation between 22100-22141
5- Whole day actual trading between 22005-22261
Conclusions from intra day chart analysis
Although Firstly 67 Points upward moves after 69 points positive opening but could not sustain and 242 points fallen sharply in first hour. As firstly lower levels consolidation between 22052-22063 and after that follow up consolidation also between 22100-22141 after some upward moves therefore firstly sustaining beyond 22141 should be watched in the coming session because:-
1- Once sustaining above 22141 will mean upward moves towards 22216-22297
2- Finally sustaining beyond this range will confirm next Short Term more than 1.5% moves beginning.