Volatile market is expected
Nifty-Intra Day Chart Analysis &
Market Outlook(13-05-2026)
Nifty-Intra Day Chart (12-May-2026):-
Technical Patterns formation in today intraday charts
1- 186 points down in first 15 minutes after 93 points weaker opening.
2- Down moves with upward corrections
3- Whole day trading between 23349-23757
Conclusions from intra day
chart analysis
As our PM Modiji urges people 2 times in last 2 days to save fuel & reduce use of foreign products in bid to save forex amid West Asia crisis therefore nervousness spread all around and resultant firstly 186 points downward moves were seen in first 15 minutes after 93 points weaker opening and after that whole day downward moves developed with upward corrections. Although Nifty closed 1.83% down and near the lower levels of the day and more downward moves also can not be ruled out but Very Short Term indicators have turned Over sold therefore a bounce back may also be seen any time and tomorrrow market may be Volatile also.