Watch 23073-23327 amid multiple contradictory news of Middle East war and its escalation or De-escalation possibilities
Nifty-Intra Day Chart Analysis &
Market Outlook(12-06-2026)
Nifty-Intra Day Chart (11-Jun-2026):-
Technical Patterns formation in today intraday charts
1- Upward moves with downward corrections
2- Downward moves with upward corrections
3- Sharp fall
4- Whole day trading between 23073-23327
Conclusions from intra day
chart analysis
Although firstly downward moves after 110 points weaker opening and Nifty traded 136 points down in also but after that Upward moves begun with downward corrections which is a consolidation pattern therefore Nifty traded 112 points plus also in Mid-Session. As fresh selling developed at higher levels therefore Nifty could not sustain and after that Downward moves started with upward corrections which is a selling pattern therefore sharp fall was seen in last hour and Nofty closed 53 points down also.
As both intraday consolidation and selling patterns formations between 23073-23327 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations amid multiple contradictory news of Middle East war in the last 24 hours and its escalation or De-escalation possibilities.