Downward moves expectations
towards next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(27-05-2026)
Nifty-Intra Day Chart (26-May-2026):-
Technical Patterns formation in today intraday charts
1- Selling between 24032-24089
2- Down moves with upward corrections
3- Whole day trading between 23886-24089
Conclusions from intra day chart analysis
Although firstly upward moves and Nifty traded 58 points up also but selling started because USA launched new strikes on Iran and after that down moves begun with upward corrections and Nifty closed near the lower levels of the day after loosing 118 points. As whole day only intraday selling patterns were seen therefore downward moves are expected towards next supports(13711-23784) and firstly sustaining it beyond should be watched in the coming sessions for next decisive moves beginning confirmations.