More upward moves towards
next resistance
Nifty-Intra Day Chart Analysis &
Market Outlook(07-07-2026)
Nifty-Intra Day Chart (06-Jul-2026):-
Technical Patterns formation in today intraday charts
1- Upward moves with downward corrections after positive opening.
2- Consolidation between 24388-24417
3- Whole day trading between 24288-24458
Conclusions from intra day
chart analysis
As firstly more than 3 hours upward moves with downward corrections after positive opening and after that consolidation also in last 2 hours therefore finally Nifty closed 0.66% up near the higher levels of the day today. It is clear from today intraday patterns formations that only consolidation patterns developed today and intraday selling patterns were not seen therefore more upward moves are expected towards next resistance range(24533-24579) tomorrow and finally sustaining beyond this resistance range will confirm next intraday decisive moves beginning.