Upward moves towards today highest
Nifty-Intra Day Chart Analysis & Market
Outlook(23-10-2026)
Nifty-Intra Day Chart (22-Oct-2026):-
Technical Patterns formation in today intraday charts
1- Up moves with downward corrections
2- Selling between 22710-22785
3- Consolidation between 22586-22662
4- Whole day actual trading between 22555-22785
Conclusions from intra day chart analysis
As Dow Jones Futures was trading more than 200 points down and all the Asian markets were also trading in deep Red as well as Brent crude oil jumped above $112 per barrel today morning therefore Nifty traded 256 points down in first 20 minutes after 123 points weaker opening.
Although Upward moves were seen with downward corrections from lower levels but higher levels selling also developed at higher levels therefore sharp downward moves were seen in Mid Session. As more than 3 hours consolidation was also seen at lower levels therefore upward moves are expected towards today highest tomorrow and finally sustaining beyond 22785 should be watched from next intraday decisive moves beginning confirmations.