Sustaining beyond 24005-24140
will confirm for next intraday
decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(05-05-2026)
Nifty-Intra Day Chart (04-May-2026):-
Technical Patterns formation in today intraday charts
1- Selling between 24203-24290
2- Sharp fall
1- Mixed Patterns formation between 24005-24140
3- Whole day trading between 24005-24290
Conclusions from intra day chart analysis
Although firstly upward moves after 66 points positive opening but more than 2 hours selling was seen therefore sharp fall developed in Mid-Session. As more than 3 hours trading was with mixed Patterns formation between 24005-24140 therefore sustaining beyond this trading range should be firstly watched tomorrow for next intraday decisive moves beginning confirmations.