Watch next supports amid downward
moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(24-07-2026)
Nifty-Intra Day Chart (23-Jul-2026):-
Technical Patterns formation in today intraday charts
1- Upward moves after 91 points negative opening
2- Selling between 27936-23886
3- Sharp fall
4- Selling between 23845-23889
5- Whole day trading between 23808-23990
Conclusions from intra day chart analysis
Although firstly upward moves after 91 points negative opening but higher levels selling developed therefore sharp fall was seen in Mid-Session. As again follow up selling in last hours therefore it will be understood that most time intraday selling was seen today hence resultant downward moves are expected towards next supports(23646-23785) in the coming session.
As supports between supports 23646-23785 are gap supports and 23785 is the lowest of last 28 sessions trading range also therefore firstly sustaining beyond 23785 should be watched. It Nifty sustain below it then finally 23646 should be watched because its valid break down will confirm last 28 sessions trading range breaking down confirmation also and it will confirm first strong signal of deeper correction beginning.



