Downward moves expectations towards next supports
Nifty-Intra Day Chart Analysis & Market Outlook(27-08-2026)
Nifty-Intra Day Chart (26-Aug-2026):-
Technical Patterns formation in today intraday charts
1- Firstly upward moves after flat opening.
2- Selling between 24345-24378
3- Selling between 24310-24333
4- Selling between 24254-24297
5- Whole day actual trading between 24254-24378
Conclusions from intra day chart analysis
Following lines were told on 25-08-2026 in "Upward moves expectations
towards next resistances":-
1- firstly upward moves are expected above today trading highest(24265) and towards next resistances(24332-24356) also
2- finally sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations
As was told 100% same happened and
1- firstly upward moves were seen above yesterday trading highest(24265)
and
2- above next resistances(24332-24356) also with today intraday highest formations at 24,378.60
Although firstly upward moves after flat opening but higher levels selling developed and after that follow up selling remained continued with continuous downward moves therefore Nifty closed near the lower levels of the day. As whole day only intraday selling patterns formations therefore firstly downward moves are expected below today trading lowest(24254) and toward fllowing next supports
1- 24185-24227
2- 24173-24184
Finally sustaining beyond above supports should be watched should be watched one by one tomorrow for next intraday decisive moves beginning confirmations.