Downward moves expectations
towards next supports
Nifty-Intra Day Chart Analysis &
Market Outlook(29-09-2026)
Nifty-Intra Day Chart (28-Sep-2026):-
Technical Patterns formation in today intraday charts
1- 274 Points down in first half hour.
2- More than 4 hours selling between 22810-22885.
3- Whole day actual trading between 22763-23080
Conclusions from intra day
chart analysis
As following negative developemnts in weekend and today morning therefore sharp downward moves were seen after negative opening today morning:-
1- Dow Jones Futures was trading more than 200 points down.
2- Escalation US-Iran Conflict & Strait of Hormuz Crisis.
3- Surging Crude Oil Prices above $100 per barrel.
4- Multi-Year Highs in US Bond Yields.
5- Weakening Indian Rupee.
As above Bearish news flow therefore firstly Nifty traded 274 Points down in first half hour and after that more than 4 hours selling was seen between 22810-22885 hence more downward moves are expected towards next supports( 22567-22682). Finally sustaining beyond next supports should be watched for next intraday decisive moves beginning confirmations.