Upward moves expectations
towards next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(26-05-2026)
Nifty-Intra Day Chart (25-May-2026):-
Technical Patterns formation in today intraday charts
1- More than 4 hours consolidation between 23923-23989
2- Upward moves in the last 2 hours
3- Whole day trading between 23923-24054
Conclusions from intra day chart analysis
As Major Progress was being seen in US-Iran Peace Talks therefore all the Asian maerkets were trading in Green zone hence sentiment turned Bullish and resultant 104 points gap up and 220 points positive opening was seen and:-
1- after that more than 4 hours consolidation between 23923-23989
2- upward moves in the last 2 hours
3- closing near the higher levels of the day.
Only intraday consolidation patterns formations and intraday selling patterns were not seen therefore upward moves are expected towards next resistances(24343-24381) and firstly sustaining it beyond should be watched in the coming sessions for next decisive moves beginning confirmations.