Finally sustaining beyond
24185-24251 will confirm next
intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
MarketOutlook(21-08-2026)
Nifty-Intra Day Chart (20-Aug-2026):-
Technical Patterns formation in today intraday charts
1- 52 Points gap up and 146 points positive opening
2- More than 3 hours consolidation between 24185-24227
3- Sharp up
4- More than 2 hours selling between 24230-24251
5- Whole day actual trading between 24185-24265
Conclusions from intra day chart analysis
As more than 5 hours consolidation Patterns formations yesterday therefore firstly 52 points gap up and 146 points positive opening was seen today. Although after such strong opening firstly more than 3 hours consolidation and sharp upward moves in Mid-Session also but higher levels more than 2 hours selling also therefore;-
1- Most time today trading between 24185-24251 will be understood with Mixed Patterns formations within this range
and
2- Nifty will firstly trade and prepare for next decisive moves tomorrow within this range
as well as
3- Finally sustaining beyond 24185-24251 will confirm next intraday decisive moves beginning.