Just watch next resistances
amid more upward moves
expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(09-04-2026)
Nifty-Intra Day Chart (08-Apr-2026):-
Technical Patterns formation in today intraday charts
1- Whole day upward moves in Rising Channel
2- Whole day trading between 23829-24025
Conclusions from intra day chart analysis
As US President Donald Trump suddenly announced 2-week ceasefire with Iran today morning therefore all the Asian markets jumped and Nifty also opened huge 701 points gap up and after that whole day upward moves were in Rising Channel as well as Nifty closed 3.78% up. That Trump who was till yesterday threating to Iran that ‘whole civilization will die tonight’ has suddenly taken U Turn and announced 2-week ceasefire which impacted all the Global Financial markets.
As whole day today upward moves were in Rising Channel and after such strong opening therefore more upward moves are expected towards following next resistances and firstly sustaining beyond these resistances should be watched in the coming sessions for next intraday decisive moves beginning confirmations:-
1- 24198-24302
2- 24304-24415(Gap resistance)
3- 24545-24700
4- 24830-24963