Finally sustaining beyond 24059-24261 will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(03-07-2026)
Nifty-Intra Day Chart (02-Jul-2026):-
Technical Patterns formation in today intraday charts
1- Volatility in first hour between 24065-24159
2- More than 5 hours upward moves with downward corrections with higher levels selling and lower levels supports.
3- Whole day trading between 24059-24194
Conclusions from intra day
chart analysis
As whole day only intraday consolidation patterns formations was seen yesterday therefore firstly 12 points gap up and 56 points positive opening was seen today. Although today closing was 169 points up but:-
1- More than 5 hours upward moves with downward corrections with higher levels selling and lower levels supports
2- Today highest(24,194.55) and closing(24,175.70) was within yesterday mentioned 1st resistance range(24164-24261)
Therefore firstly more consolidation is required within and near about 24059-24261 for next decisive upward moves beginning confirmations and finally sustaining beyond this range will confirm next intraday decisive moves beginning.