Sustaining beyond immediate
supports range will confirm next
intraday decisive moves beginning
amid downward moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(13-08-2026)
Nifty-Intra Day Chart (12-Aug-2026):-
Technical Patterns formation in today intraday charts
1- 76 Points down in first 3 minutes
2- Down moves with upward corrections in first 2 hours
3- Consolidation in Mid-Session between 24266-24302(immediate supports)
4- Up moves in Bearish Rising Channel in last hour
5- Whole day actual trading between 24266-24473
Conclusions from intra day chart analysis
Although firstly 76 Points downward moves in first 3 minutes and after that down moves were with upward corrections also in first 2 hours but lower levels consolidation developed in Mid-Session between 24266-24302 therefore this range will be immediate supports of Nifty. As Upward moves were seen in Bearish Rising Channel in last hour and it is an intraday selling pattern and intraday seling patterns was seen in first 2 hours also therefore downward moves are expected towards 24602 and finally sustaining beyond today immediate supports range(24266-24302) should be watched tomorrow for next intraday decisive moves beginning confirmations. Until Nifty will not sustain below today lowest(24266) after complete intraday selling patterns formations till then decisive downward moves will not be seen because good intraday consolidation was seen above today lowest in Mid-Session.