Sustaining beyond 24006-24108 will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(18-06-2026)
Nifty-Intra Day Chart (17-Jun-2026):-
Technical Patterns formation in today intraday charts
1- Volatility in first 19 minutes between 23969-24044
2- Almost 6 hours sideways trading between 24006-24108
3- Whole day trading between 23969-24108
Conclusions from intra day
chart analysis
Although 55 points positive opening but immediately downward moves and after that sharp upward moves were also seen therefore it will be understood that firstly 75 points volatility developed in first 19 minutes between 23969-24044.
Following conclusive lines were told at 01:56 AM on 17-06-2026 in "Just watch sustaining beyond next resistance range amid upward moves expectations":-
1- upward moves are expected towards next resistance range(24032-24089)
and
2- firstly sustaining beyond this resistance range should be watched tomorrow for next intraday decisive moves beginning confirmations.
As was told 100% same happened and:-
1- Nifty closed 96.55 points up today.
2- Nifty closed also within yesterday mentioned resistance range(24032-24089) at 24085.70 today.
3- Nifty traded almost 6 hours within and near about yesteday mentioned resistance range(24032-24089) between 24006-24108 today.
As whole day one sided intraday trading patterns formations were not seen today therefore firstly sustaining beyond almost 6 hours sideways trading range(24006-24108) should be watched tomorrow for next intraday decisive moves beginning confirmations.