Fresh consolidation will mean
strong rally towards
next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(10-06-2026)
Nifty-Intra Day Chart (09-Jun-2026):-
Technical Patterns formation in today intraday charts
1- Down moves in Bullish Falling Channel
2- Consolidation between 23105-23179
3- Consolidation between 23178-23225
4- Selling between 23226-23279
5- Whole day trading between 23105-23279
Conclusions from intra day
chart analysis
Although 136 points positive opening but down moves were seen and Nifty slipped into negative zone also after falling 154 points in the next 2 hours. As lower levels consolidation was seen in Mid-Session and after some upward moves follow up consolidation also developed therefore Nifty recovered 174 points from lower levels.
As higher levels some selling was also seen between 23226-23279 in last hours therefore firstly sustaining beyond this range should be watched tomorrow and once sustaining above 23279 after fresh consolidation will mean strong rally beginning towards following next resistances because good intraday consolidation was seen today:-
1- 23406-23453
2- 23502-23546