Watch levels for next intraday
decisive moves during
Global markets high volatility
Nifty-Intra Day Chart Analysis &
Market Outlook(05-03-2025)
Nifty-Intra Day Chart (04-Mar-2025):-
Technical Patterns formation in today intraday charts
1- 154 points down in first 3 minutes after 26 points gap down opening
2- More than 5 hours trading between 22038-22105
3- Whole day actual trading between 21965-22105
Conclusions from intra day chart analysis
As US markets closed in deep Red one day before therefore firstly down ward moves were seen after 26 points gap down opening and Nifty traded 154 points negative also in first 3 minutes but recovery started from lower levels and Nifty recovered 140 points also in the next 2 hours. More than 5 hours trading between 22038-22105 therefore firstly sustaining beyond this range should be watched tomorrow because US Markets and most Global markets are highly volatile now a days and Indian markets also reacts on Global markets sentiments therefore finally sustaining beyond 22038-22105 should be watched in the coming session for next intraday decisive moves beginning confirmations