Upward moves expectations &

finally 22952-23069 will confirm

 next decisive moves beginning 

Nifty-Intra Day Chart Analysis &

Market Outlook(29-01-2025)

Nifty-Intra Day Chart (28-Jan-2025):-

Technical Patterns formation in today intraday charts

1- Consolidation between 22858-22923

2- Up moves in Bearish Rising Channel between 22952-23069

3- Sharp up

4- Sharp down

5- Consolidation between 22918-22982

6- Whole day actual trading between 22858-23137

Conclusions from intra day chart analysis 

Although firstly downward moves after moves positive opening but lower levels consolidation developed therefore upward moves started. As these more than 3 hours upward moves were in Bearish Rising Channel therefore 190 points sharp fall was seen in only 7 minutes from intraday higher levels.  

As minor consolidation between 22918-22982 was also seen in last half hour therefore it will be understood that lower levels clear consolidation patterns developed today hence upward moves will be seen towards today intraday higher levels. Almost 3 hours up moves were in Bearish Rising Channel between 22952-23069 therefore Nifty will firstly trade and prepare for next decisive moves within and near about this range as well as finally sustaining it beyond will confirm next decisive moves beginning in the coming sessions.

Upward moves expectations

 towards 22968  

Nifty-Intra Day Chart Analysis &

Market Outlook(28-01-2025)

Nifty-Intra Day Chart (27-Jan-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves after negative opening

2- Selling between 22968-23007

3- Sharp fall

4- Volatility in Mid-Session between 22831-22944

5- Down moves in Bullish Falling Channel

6- Whole day actual trading between 22787-23007

Conclusions from intra day chart analysis 

Although firstly upward moves after negative opening but selling developed at higher levels and intraday selling patterns were seen last Friday also therefore sharp fall was seen after that. As volatility in Mid-Session between 22831-22944 and after that Down moves were in Bullish Falling Channel in last hours therefore upward moves are expected towards 22968 in the coming sessions  and firstly sustaining it beyond should be watched for next intraday decisive moves beginning confirmations.