Downward moves expectations
towards next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(11-03-2025)
Nifty-Intra Day Chart (10-Mar-2025):-
Technical Patterns formation in today intraday charts
1- Up ward moves after negative opening
1- More than 3 hours selling between 22591-22676
3- Sharp fall in last hour
4- Whole day actual trading between 22420-22676
Conclusions from intra day chart analysis
Although firstly upward moves after negative opening and Nifty recovered 154 points also but higher levels more than 3 hours selling was seen therefore sharp fall developed in last hour and Nifty closed 92 points down today. As only intraday selling patterns formations therefore downward moves are expected towards following next supports. Firstly sustaining beyond following supports should be watched one by one for next intraday decisive moves beginning confirmations:-
1- 22305-22347
2- 22224-22260