Watch 25797-26104 for next bigger moves beginning amid US Tariffs reduction to 15–16 percent news
Nifty-Intra Day Chart Analysis &
Market Outlook(24-10-2025)
Nifty-Intra Day Chart (23-Oct-2025):-
Technical Patterns formation in today intraday charts
1- Upward moves after 122 points gap up opening.
2- More than 4 hours selling between 26052-26104
3- 2 Times sharp fall
4- Whole day trading between 25863-26104
Conclusions from intra da
chart analysis
As all around this news was spreading today morning that US is planning to slash tariffs on Indian imports to just 15–16 per cent therefore:-
1- Firstly upward moves were seen after 122 points gap up opening and Nifty traded 235 points up also.
2- More than 4 hours selling developed between 26052-26104 and intraday selling was seen between 25873-25919 yesterday also.
Therefore Nifty could not sustain at higher levels and 2 times sharp fall was seen in the last 2 hours as well as Nifty closed only 22.80 points up and closed within yesterday selling range(25873-25919) at 25891.40 today.
Although long Black candle formation today and its a Bearish signal also but Indian Stock Markets will finally react on the decision of 15–16 per cent tariffs reduction news therefore firstly sustaining beyond last 3 sessions trading range(25797-26104) should be watched in the coming sessions because both lower levels consolidation and higher levels selling was seen within this range.