Finally sustaining beyond 25385-25420
will confirm next intraday decisive
moves beginning
Nifty-Intra Day Chart Analysis & Market
Outlook(04-07-2025)
Nifty-Intra Day Chart (03-Jul-2025):-
Technical Patterns formation in today intraday charts
1- 72 Points fall in first 15 minutes after positive opening
2- Upward moves
3- More than 4 hours selling Patterns formation between 25498-25587
4- Sharp fall
5- Minor supports in last hour between 25385-25420
6- Whole day trading between 25385-25587
Conclusions from intra day chart analysis
Although firstly 72 Points fall in first 15 minutes after positive opening but immediately after that upward moves were also seen and Nifty again traded in Green zone. As more than 4 hours selling Patterns formation in Mid-Session therefore again sharp fall developed.
As minor supports in last hour between 25385-25420 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations and:-
1- Until Nifty will not sustaining above today highest after complete consolidation above 25420 till then decisive upward moves will nnt be seen.
2- Sustaining below 25385 will mean decisive downward moves towards following next supports:-
A- 25310-25351
B- 25191-25248
C- 25009-25056