Watch next resistances if
sustains above today highest
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.
Although whole day today upward moves were in Rising Channel and Nifty closed near the intraday higher levels of the day also but today upward moves were due to Bullish news and sentiments led therefore firstly sustaining above today highest should be watched tomorrow because selling also develops during such heated sentiments. Once sustaining above today highest will mean fresh upward moves beginning toward following next resistances and then sustaining beyond these resistances should be watched one by one for next intraday decisive moves beginning confirmations:-
1- 24198-24302
2- 24304-24415(Gap resistance)
3- 24545-24700
4- 24830-24963