Downward moves towards next supports
Nifty-Intra Day Chart Analysis & Market
Outlook(27-08-2025)
Nifty-Intra Day Chart (26-Aug-2025):-
Technical Patterns formation in today intraday charts
1- 164 Points down in first half hour after 68 points weaker opening.
2- More than 5 hours selling between 24756-24833.
3- Sharp fall in last half hour.
4- Whole day trading between 24690-24919
Conclusions from intra day
chart analysis
As good intraday selling between 24954-25016 on 25-08-2025 therefore firstly 164 Points downward moves were seen in first half hour after 68 points weaker opening on 26-08-2025 and after that more than 5 hours fresh selling between 24756-24833 hence sharp fall developed in last half hour and Nifty closed near the lower levels of the day after loosing 256 points.
Only intraday selling patterns formations in last 2 sessions therefore more downward moves are expected towards following next supports in the coming sessions:-
1- 24554-24673
2- 24356-24462(Strong supports)
3- 23924-24207(Gap Support)