Sustaining beyond 22547-22717
will confirm next intraday
decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(08-10-2026)
Nifty-Intra Day Chart (07-Oct-2026):-
Technical Patterns formation in today intraday charts
1- 170 Points down in first minute after 85 points weaker opening
2- Consolidation in first hour between 22583-22635
3- Sharp up
4- Selling between 22660-22717
5- Sharp down
6- Consolidation between 22547-22600
7- Sharp up
8- Down moves in Bullish Falling Channel
9- Whole day actual trading between 22547-22717
Conclusions from intra day chart analysis
Although firstly 170 Points down in first minute after 85 points weaker opening but lower levels consolidation developed therefore sharp upward moves were seen from lower levels. As higher levels selling was seen in Mid-Session therefore sharp downward moves were akso seen in Mid-Session. Although new intraday lowest formations but again lower levels consolidation developed therefore again sharp upward moves were seen and in the last hour some Down moves in Bullish Falling Channel which ia a consolidation pattern.
It is clear from today intraday patterns formations that whole day both intraday consolidation patterns developed today therefore firstly sustaining today trading range(22547-22717) should be watched tomorrow for next intraday decisive moves beginning confirmations.