Downward moves towards
next Supports
Nifty-Intra Day Chart Analysis &
Market Outlook(21-07-2026)
Nifty-Intra Day Chart (20-Jul-2026):-
Technical Patterns formation in today intraday charts
1- Volatility in first 2 hours between 24180-24225
2- Selling between 24208-24241
3- Volatility in Mid- Session between 24136-24215
4- Selling in last last hours between 24224-24266
5- Whole day trading between 24136-24266
Conclusions from intra day chart analysis
As US and Iran war escalated in week end therefore Brent crude Oil surged above $91 per barrel to hit its highest level of last 27 sessions today and deeper downward moves were seen in most pf the Asian markets therefore resultant Nifty traded 180 points down in first minute after 144 points weaker opening.
Although lower levels volatility in first 2 hours and in Mid-Session but higher levels good selling was also seen 2 times therefore downward moves are expected towards sollowing next supports:-
1- 24127-24171
2- 24065-24109