Firstly watch sustaining beyond
25642-25868 for final reaction
of Trump reducing Indian
tariffs to 18%
Nifty-Intra Day Chart Analysis &
Market Outlook(04-02-2026)
Nifty-Intra Day Chart (03-Feb-2026):-
Technical Patterns formation in today intraday charts
1- Sideways trading with intraday selling patterns indications between 25642-25868
2- Whole day trading between 25642-26341
Conclusions from intra day
chart analysis
As Trump cuts Indian tariffs from 50% to 18% yesterday therefore first minute Nifty trading was in this manner today morning:-
1- Nifty moved up 33.15 points in first minute after 1219.65 points positive opening.
2- Nifty opened 1199.95 points gap up.
3- Today highest(26341.20) was only 32 points below life time top(26373.20)
4- Nifty slipped 555 points in 1st minute from today and 1st minute highest.
Although Nifty moved up 33.15 points in first minute after 1219.65 points positive and 1199.95 points gap up opening today morning but Nifty slipped 555 points also in first minute and traded whole day sideways with intraday selling patterns indications between 25642-25868 therefore:-
1- Firstly watch sustaining beyond 25642 for next decisive downward moves beginning confirmations but fresh and clear intraday selling is also required because only selling patterns indications were seen today.
2- Finally sustaining beyond whole day today sideways trading range(25642-25868) should be watched for next bigger moves beginning confirmations