Sustaining beyond 23095-23389 will confirm next Short Term moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(16-09-2026)
Nifty-Intra Day Chart (15-Sep-2026):-
Technical Patterns formation in today intraday charts
1- 87 Points down in first minute after 194 points positive zone trading.
2- Down moves with upward corrections.
3- Selling between 23320-23389(Immediate resistance).
4- Downward moves in last hour.
5- Whole day actual trading between 23119-23592.
Conclusions from intra day
chart analysis
All the Global markets were in deep Red in following manner during Indian trading manner today:-
1- Dow Jones Joes Futures was trading 341 points down during Indian trading hours today:-
2- All the Asian markets were trading in negative zone in following manner today;-
A- Hang Seng(Hong Kong) was trading 1.18% Down today.
B- KOSPI(Korea) was trading 0.85% Down today.
C- Taiwan Weighted was trading 0.73% Down today.
D- SET(Bangkok) was trading 0.47% Down today.
3- All the European markets were also trading in negative zone in following manner today;-
A- Dax(Germany) was trading 0.84% Down today.
B- FTSE 100(England) was trading 0.92% Down today.
C- CAC 40(France) was trading 0.99% Down today.
As whole day good intraday consolidation last Friday therefore firstly Nifty traded 194 points up in first minute but all the Global markets were in Bearish mode due to Mddle-East war escalation in last 3 days therefore selling started and Down moves were seen with upward corrections in first 2 hours. Follow up selling developed between 23320-23389 in Mid-Session also therefore downward moves were seen in last hours and Nifty closed at the lower levels of the day.
Today deeper downward moves were due to Global Bearish markets and Short Term Trend has turned Over Sold also therefore Volatility may also be seen within next supports(23095-23122) lowest and next resitance highest(23320-23389) hence finally sustaining beyond 23095-23389 should be watched in the coming sessions for next Short Term moves beginning confirmations.