Firstly upward moves towards 24163-24220 & finally sustaining it beyond will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(16-07-2026)
Nifty-Intra Day Chart (15-Jul-2026):-
Technical Patterns formation in today intraday charts
1- 162 Points up in first 15 minutes after positive opening
2- More than 3 hours selling between 24163-24220
3- Sharp fall
4- Up moves with downward corrections in the last 3 hours
5- Whole day trading between 24019-24220
Conclusions from intra day chart analysis
Although firstly 162 Points up in first 15 minutes after positive opening but more than 3 hours selling was seen between 24163-24220 therefore sharp fall developed in Mid-Session. As upward moves with downward corrections were also seen in the last 3 hours and it is a consolidation pattern therefore firstly upward moves are expected towards today selling range(24163-24220) and finally sustaining it beyond will confirm next intraday decisive moves beginning.