Upward moves towards
next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(03-02-2026)
Nifty-Intra Day Chart (02-Feb-2026):-
Technical Patterns formation in today intraday charts
1- Consolidation between 24680-24924
2- Consolidation between 24619-24975
3- Upward moves in last hour
4- Whole day trading between 24680-25108
Conclusions from intra day chart analysis
Although firstly deeper downward moves after negative opening but lower levels consolidation developed and after that follow up consolidation also in Mid-Session therefore upward moves were seen in last hour and Nifty closed near the higher levels of the day with 1.06% gains. As only intraday consolidation patterns formations and intraday selling patterns were not seen today therefore more upward moves will be seen towards those next resistances which have already been posted in previous Outlook on 31-01-2026.