Watch next supports amid Middle-East war in escalating situation
Nifty-Intra Day Chart Analysis &
Market Outlook(12-03-2026)
Nifty-Intra Day Chart (11-Mar-2026):-
Technical Patterns formation in today intraday charts
1- Whole day down moves with upward corrections
2- Whole day trading between 23835-24299
Conclusions from intraday
chart analysis
Although firstly some upward moves after negative opening but some intraday selling patterns were seen yesterday therefore Nifty could not sustain at higher levels and downward moves started. As whole day downward moves were with upward corrections therefore it will be understood that fresh intraday selling developed hence Nifty closed near the lower levels of the day.
As Middle-East war is continuously escalating and Petroleum products crisis is being seen in our country also as well as only intraday selling patterns were seen today therefore more downward moves are expected and following next supports below today lowest should be watched in the coming sessions for next immediate decisive moves beginning confirmations.
1- 23772-23795
2- 23709-23737
3- 23572-23619
4- 23382-23424
5- 23274-23370(Strong Supports)