Downward moves expectations
below today lowest
Nifty-Intra Day Chart Analysis & Market
Outlook(06-05-2025)
Nifty-Intra Day Chart (05-May-2025):-
Technical Patterns formation in today intraday charts
1- Upward moves after positive opening
2- Selling between 24471-24526
3- Whole day trading between 24401-24526
Conclusions from intra day chart analysis
Although firstly upward moves after positive opening but higher levels selling was seen between 24471-24526 therefore downward moves are expected below today lowest(24401) in the coming sessions.