Downward moves expectations
towards following next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(21-04-2026)
Nifty-Intra Day Chart (20-Apr-2026):-
Technical Patterns formation in today intraday charts
1- Volatility in first hour between 24242-24417
2- Upward moves
3- Selling in Mid-Session between 24401-24480
4- Sharp fall in last half hour
5- Whole day trading between 24242-24480
Conclusions from intra day
chart analysis
Although firstly volatility in first hour between 24242-24417 and after that upward moves also but higher levels selling in Mid-Session between 24401-24480 therefore sharp fall was seen in last half hour and Nifty closed only 11.30 points up after slipping 115 points from intraday higher levels.
As higher levels clear selling patterns formations today therefore downward moves are expected towards following next supports in the coming sessions:-
1- 24252-24285
2- 24110-24155