More upward moves expectations
Nifty-Intra Day Chart Analysis & Market
Outlook(06-10-2026)
Nifty-Intra Day Chart (05-Oct-2026):-
Technical Patterns formation in today intraday charts
1- Volatility between 22513-22621
2- Consolidation between 22398-22500
3- Sharp up
4- Consolidation between 22519-22573
5- Whole day actual trading between 22398-22621
Conclusions from intra day
chart analysis
Although firstly Nitfy traded 200 points up after 110 points positive opening but volatility was seen between 22513-22621 and NIfty moved also in negative zone also in Mid-session. As more than 2 hours lower levels consolidation developed therefore after that sharp upward moves were seen as well as follow up consolidation in last 2 hours also hence more upward moves are expected tomorrow.
Once sustaining above today highest(22621) will mean strong rally towards next resistances(22772-22809) and then sustaining beyond this resistances range should be watched in the coming sessions for next decisive moves beginning confirmations.