Downward moves next supports
Nifty-Intra Day Chart Analysis
& Market Outlook(13-03-2026)
Nifty-Intra Day Chart (12-Mar-2026):-
Technical Patterns formation in today intraday charts
1- Nifty traded 310 Points down in first 3 minutes after 159 points gap down opening
2- 276 Points recovery from lower levels
3- Selling between 23707-23833
3- Whole day trading between 23557-23833
Conclusions from intra day chart analysis
Although firstly Nifty traded 310 Points down in first 3 minutes after 159 points gap down opening but after that 276 points recovery was also seen from lower levels. As higher levels good intraday selling developed in Mid-Session therefore downward moves are expected toward those next supports which have already been posted in previous Outlook one day before.