Sustaining beyond 24530-24666
will confirm next intraday
decisive moves beginning
Nifty-Intra Day Chart Analysis
& Market Outlook(06-03-2026)
Nifty-Intra Day Chart (05-Mar-2026):-
Technical Patterns formation in today intraday charts
1- More than 5 hours trading with Mixed Patterns formation between 24530-24666
2- Sharp up
3- Volatility in last hour between 24713-24854
4- Whole day trading between 24530-24854
Conclusions from intra day
chart analysis
As US Markets closed with good gains yesterday therefore most Asian markets were Bullish today morning hence resultant Nifty opened 135 points up today. Although firstly more than 5 hours trading was Mixed Patterns formation and after that sharp upward moves were also seen but Volatility developed in last hour. As technical positions reverses also during such Volatility therefore firstly sustaining beyond more than 5 hours today trading range(24530-24666) should be watched tomorrow for next intraday decisive moves beginning confirmations.
Remain completely cautious while trading because Middle East war has been escalated and no one knows how long and up to which extent it will go on therefore high intraday volatility will also be seen and Stop Loss cutting risk will also be high. As due to any News led Upper/Lower side huge opening may also be seen any day therefore Short Term Traders should be careful while carrying forward their trading positions to next day.