Sustaining beyond 24110-24310
will confirm next intraday
decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(24-04-2026)
Nifty-Intra Day Chart (23-Apr-2026):-
Technical Patterns formation in today intraday charts
1- 243 Points down in first minute after 150 points gap down opening
2- Whole day volatile trading between 24151-24310
3- Whole day trading between 24135-24310
Conclusions from intra day
chart analysis
As Middle East(US-Iran conflicts) war escalation risk and geopolitical tensions increased therefore most Asian markets were trading in negative zone hence firstly 243 Points downward moves after 150 points gap down opening were seen in first minute today morning. Whole day only volatile trading for intraday traders both sides Stop Loss cutting was seen between 24151-24310 and finally Nifty closed near the lower levels of the day after loosing 205 points.
Crude oil prices are surging therefore Indian Rupee is also weakening and USD to INR rate has moved above 94.10 for 1 US Dollar and Indian markets will also react on this economic scenario with war escalation or De- escalation possibility. As downward moves were expected therefore following next supports were posted 20-04-2026 in "Downward moves expectations towards following next supports" and today lowest was at 24134.80 as well as Nifty traded whole day today within and near about these supports between 24151-24310:-
1- 24252-24285
2- 24110-24155
As finally sustaining beyond 24110-24310 which is a combination of above 2 supports and Whole day today trading range(24151-24310) will confirm next intraday decisive moves beginning therefore firstly sustaining beyond 24110-24310 should be watched tomorrow for next intraday decisive moves beginning confirmations because these is complete uncertainty about Middle East war.