Watch Levels for next Bigger Moves

 beginning confirmations amid

 firstly Upward Moves expectations

Technical Analysis,Research & Weekly

Outlook(Sep 01 to Sep 05,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (01-Sep-2025):-

Technical Patterns and Formations in EOD charts

1- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

2- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

3- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

4- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

5- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

6- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025.

7- Short Term correction bottom formations at 24337.70 on 08-08-2025. 

8- Pull Back Rally top formations at 25153.70 on 21-08-2025.

9- Short Term correction bottom formations at 24404.70 on 29-08-2025.

10- Pull Back Rally continuation with recent top formations at 24980.80 on 04-09-2025. 

Conclusions from EOD chart

analysis(Waves structure)

Impulsive Wave-(iii) of Wave-3 begun from 18837.80 on 26-10-202 after corrective Wave-C of Wave-(ii) of Wave-3 of "ABC" correction completion at this level. Impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024 and from this level corrective Wave-A of Wave-(iv) of Wave-3 "ABC" correction started. 

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and from this level Wave-B of Wave-(iv) of Wave-3 begun  which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 started which completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 begun from this level. 

Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction started from this level which completed at 24337.70 on 08-08-2025. A strong Pull Back Rally begun from this level which completed at 25153.70 on 21-08-2025 and Short Term correction started from this level which completed at 24404.70 on 29-08-2025. Again Pull Back Rally begun from this levels which is now in continuation with recent top formations at 24980.80 on 04-09-2025 and no confirmation of its completeion yet on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (01-Sep-2025):-

Technical Patterns and Formations in EOD charts

1- Last one month trading between 24337.70-25153.70

2- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over Over bought zone.

3- Stochastic:- %K(5)- 67.26 & %D(3)- 59.92.

4- In MACD- MACD line has intersected Average line downward and its both lines are moving flat near about Zero Line in positive and negative zone.

5- MACD(26,12)- -27.17 & EXP(9)- 54.31 & Divergence- -81.48

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over bought zone therefore it will be understood that this indicator is showing more upward moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are moving flat near about Zero Line in positive and negative zone. therefore it will be understood that at present this indicator is not showing any side decisive moves beginning possibility. Let its both lines to start moves any side then that side decisive moves will be seen after that side short Term Trend formation confirmations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (01-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24616(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24696(Short Term Trend decider) 

3- 55-Day SMA is today at 24970(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24773

5- 200-Day SMA is today at 24086(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

Although Nifty opened above Intermediate Term Trend decider 55-Day SMA last Thursday after new GST rates announcements but could not sustain and moved down sharply as well as closed well below it same day therefore Intermediate Term Trend is clearly down. Nifty is trading well above Long Term Trend decider 200-Day SMA for the last more than 3 months therefore Long Term Trend is definitely up.

Nifty is hovering around Very Short and Short Term Trends deciders 5-Day and 21-Day SMAs for thr last few sessions therefore these 2 trends are now at stake. As Nifty is hovering around 100-Day SMA also for the last few sessions therefore sustaining it around should also be watched in the coming week/weeks because that will generate first strong signal of Long Term Trend turning up or down  according to Nifty sustaining around 100-Day SMA.

Nifty-Intra Day Chart Analysis

(05-Sep-2025)

Nifty-Intra Day Chart (05-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Selling between 24777-24832

2- Sharp fall and up

3- Down moves in Bullish Falling Channel 

4- Sharp up

5- Consolidation between 24723-24762

6- Whole day trading between 24622-24832

Conclusions from intra day chart analysis 

Although firstly upward moves after 94 points positive opening but selling developed and good intraday selling was seen in previous session also therefore firstly sharp fall and immediately after that some upward moves were seen. As after that more than 2 hours downward moves were seen in Bullish Falling Channel which is a consolidation pattern therefore 164 points sharp upward moves developed in Mid Session and more than one hour consolidation between 24723-24762 also in last hours therefore upward moves are expected above last Friday highest in the beginning of next week because most time intraday consolidation patterns were seen last Friday. 

Conclusions (After putting

all studies together)

1- Very Short Term Trend is at stake.

2- Short Term Trend is at stake.

3- Intermediate Term Trend is down.

4- Long Term Trend is up.

Impulsive Wave-(v) of Wave-3 of that Waves structure is in continuation with its recent top formation at 25669.30 on 30-06-2025 which begun through Impulsive Wave-1 from 15183.40 on 17-06-2022 and its Impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024. From this level corrective Wave-A of Wave-(iv) of Wave-3 "ABC" correction started of which Wave-C completed at 21743.70 on 07-04-2025 and from this Impulsive Wave-(v) of Wave-3 begun which is now in continuation.

Short Term correction started from 25669.30 on 30-06-2025 which completed at 24337.70 on 08-08-2025 and since then 2 times Pull Back Rally and one time Short Term correction had been seen between 24337.70-25153.70(24338-25153) during last one month. As Nifty is preparing for next Trend formations and accordingly next bigger moves beginning within this range therefore sustaining beyond this range should be watched in the coming week/weeks for its confirmations. 

Very Short Term and Short Term Trends are at stake and finally sustaining beyond its deciders 5-Day and 21-Day SMAs will confirm its formations therefore firstly sustaining beyond these 2 Trends deciding averages should also be watched in the coming weeks for first signal of Intermediate Term Trend turning up or not which is now down.

Although Short Term indicator MACD is not is not showing clear signals but another Short Term indicator Stochastic is indicating upward moves possibility in the coming week and last Friday intraday charts are also showing good intraday consolidation patterns formations therefore firstly upward moves are expected in the beginning of next week. Finally sustaining beyond following levels should be also be watched in the coming weeks for Intermediate Term Trend formation confirmations because Nifty tested its decider 55-Day SMA last Thursday and next bigger moves beginning confirmations:-

1- 55-Day SMA which is today at 24970(For Intermediate Term Trend confirmations)

2- Last one month trading range 24338-25153(For next bigger moves beginning confirmations)

 Firstly watch 24709-24772 for 

next intraday decisive moves beginning 

after sharp fall today

Nifty-Intra Day Chart Analysis &

Market Outlook(05-09-2025)

Nifty-Intra Day Chart (04-09-2025):-

Technical Patterns formation in today intraday charts

1- 130 Points sharp fall in first 22 minutes after 243 points gap up opening.

2- Selling between 24887-24934

3- Sharp fall

4- Selling between 24806-24854

5- Support between 24709-24772

6- Whole day trading between 24709-24980

Conclusions from intra day chart analysis 

Following lines were told yesterday at 10:10 PM in "Upward moves towards next resistances":-

upward moves are expected in the coming sessions towards following next resistances:-

1- 24756-24833

2- 24969-25015

As was told 100% same happened and:-

265 Points upward moves were seen today towards already mentioned 2nd resistance range(24969-25015) with today highest formations within this range at 24980.75.

Although firstly 243 points gap up opening but resistances were lying between 24969-25015 therefore could not sustain within this range and 130 Points sharp fall was seen in first 22 minutes. 

As fresh selling developed after some up moves therefore again sharp fall was seen after that. More than 3 hours follow up selling developed also in Mid-Session therefore downward moves remained continued till last half hour. 

Although Nifty traded in Red also in last half hour after loosing all 265 points intraday gains before 19.25 positive closing but lower levels some supports were seen between 24709-24772 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations. 

Upward moves towards next resistances

Nifty-Intra Day Chart Analysis &

Market Outlook(04-09-2025)

Nifty-Intra Day Chart (03-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 83 Points sharp fall in first 5 minutes after positive opening.

2- Consolidation in 3 hours between 24550-24618

3- Upward moves with downward corrections in last 3 hours

4- Whole day trading between 24534-24737

Conclusions from intra day chart analysis 

Although firstly 83 Points sharp fall in first 5 minutes after positive opening but after that consolidation in 3 hours between 24550-24618 and after that upward moves with downward corrections in last 3 hours and intraday selling patterns were not seen therefore upward moves are expected in the coming sessions towards following next resistances:-

1- 24756-24833

2- 24969-25015

As busy therefore unable to post 

today(03-09-2025) Outlook. 

Next Rally after fresh consolidation

Nifty-Intra Day Chart Analysis &

Market Outlook(02-09-2025)

Nifty-Intra Day Chart (01-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 86 Points up in first minute after positive opening

2- More than 3 hours consolidation between 24506-24557

3- Up moves with downward corrections

4- Whole day trading between 24433-24635

Conclusions from intra day chart analysis 

Following lines were told in previous Outlook at 01:06 PM on 30-08-2025 in "Watch next resistances amid firstly Upward moves expectations":-

upward moves are expected towards last Friday 

highest(24572.45) in the beginning of next week.

As was told 100% same happened and 

Nifty closed today at 24625.05 after 

gaining 198.20 points.

Although Nifty closed near the lower levels of the day last Friday but more than last 2 hours downward moves were in Bullish Falling Channel which is a consolidation pattern and this pattern was seen in first hour also last Friday therefore firstly 86 Points upward moves were seen in first minute after positive opening today.

As more than 3 hours consolidation between 24506-24557 and after that Up moves with downward corrections which is also a consolidation pattern therefore finally upward moves are expected after some intraday corrections because due to following reasons fresh consolidations is required near about today highest for next decisive upward moves beginning because-

1- Next resistances are between 24648-24684 which is just above today highest.

2- Very Short Term indicators have turned Over bought after today strong intraday rally.

Watch next resistances amid firstly

 Upward moves expectations

Technical Analysis,Research & Weekly

Outlook(Sep 01 to Sep 05,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (29-Aug-2025):-

Technical Patterns and Formations in EOD charts

1- Corrective Wave-C of previous Waves structure "ABC correction" completion at 15183.40 on 17-06-2022 and Impulsive Wave-1 of new Waves structure beginning.

2- Impulsive Wave-1 completion at 18887.60 on 01-12-2022.

3- Corrective Wave-2 completion at 16828.30 on 20-03-2023.

4- Impulsive Wave-(i) of Wave-3 completion at 20222.45 on 15-09-2023 and Wave-A of "ABC" correction beginning.

5- Wave-A of Wave-(ii) of Wave-3 completion at 19333.60 on 04-10-2023.

6- Wave-B of Wave-(ii) of Wave-3 completion at 19849.80 on 17-10-2023.  

7- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

8- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

9- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

10- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

11- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

12- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025.

13- Short Term correction bottom at 24337.70 on 08-08-2025. 

14- Pull Back Rally top formations at 25153.70 on 21-08-2025.

15- Short Term correction continuation with recent bottom formations at 24404.70 on 29-08-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Corrective Wave-C of "ABC correction" of previous waves structure completed at 15183.40 on 17-06-2022 and from this level Impulsive Wave-1 of new Waves structure started. Wave-1 completed at 18887.60 on 01-12-2022 and corrective Wave-2 begun from this level which completed at 16828.30 on 20-03-2023 and impulsive Wave-(i) of Wave-3 started from this level.

Impulsive Wave-(i) of Wave-3 completed at 20222.40 on 15-09-2023 and from this level corrective Wave-A of "ABC" correction of Wave-(ii) of Wave-3 begun which completed at 19333.60 on 04-10-2023. Wave-B started from this level which completed at 19849.80 on 17-10-2023 and Wave-C started which completed at 18837.80 on 26-10-2023. Impulsive Wave-(iii) of Wave-3 begun from this level which completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-(iv) of Wave-3 started from this level.

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 begun from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 started which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 begun from this level. 

Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this levels which completed at 24337.70 on 08-08-2025 and from this level a Pull Back Rally started which also completed after top formations at 25153.70 on 21-08-2025. Short Term correction begun from this levels which is also in continuation with recent bottom formations at 24404.70 on 29-08-2025 and no confirmation of its completion also on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (29-Aug-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- Its both lines %K(5) and %D(3) are kissing in Over sold zone.

2- Stochastic:- %K(5)- 03.66 & %D(3)- 11.44.

3- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive and negative zone.

4- MACD(26,12)- 112.18 & EXP(9)- -20.65 & Divergence- 132.83

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its both lines %K(5) and %D(3) are kissing in Over sold zone therefore it will be understood that at present this indicator is not showing any side decisive moves beginning possibility. Let its both lines to move above Over sold zone after %K(5) line upward intersection then decisive upward moves will be seen.

2- As in MACD indicator its MACD line has intersected Average line upward and its both lines are rising in positive and negative zone and its MACD line is at 112.18 also therefore it will be understood that this indicator has started to show signals of upward trend formations and resultant also suggesting fresh upward moves beginning possibility after on going Short Term Correction completion.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (29-Aug-2025):

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24695(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24708(Short Term Trend decider) 

3- 55-Day SMA is today at 24984(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24686

5- 200-Day SMA is today at 24071(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

Although Nifty opened above Intermediate Term Trend decider 55-Day SMA in the beginning of previous week but closed below it in all the 5 sessions of previous week and also closed 100-Day SMA in both last sessions therefore Intermediate Term Trend has turned down. As Nifty has closed well below both Very Short Term and Short Term Trends deciders 5-Day and 21-Day SMAs last Friday therefore these 2 Trends are also down. 

As Nifty has closed well above Long Term Trend decider 200-Day SMA last Friday therefore this Trend is up but Nifty has closed below 100-Day SMA in the last 2 sessions therefore firstly sustaining it beyond should be watched in the coming week/weeks for first signal of next decisive moves beginning towards or away 200-Day SMA. 

Nifty-Intra Day Chart Analysis

(29-Aug-2025)

Nifty-Intra Day Chart (29-Aug-2025):-

Technical Patterns formation in today intraday charts

1- Down moves in Bullish Falling Channel

2- Sharp up

3- Selling between 24537-24571

4- Down moves in Bullish Falling Channel

5- Whole day trading between 24405-24572

Conclusions from intra day chart analysis 

Although firstly downward moves after 34 points negative opening in first hour last Friday but were in Bullish Falling Channel therefore sharp upward moves were seen after that. As higher levels selling developed in Mid-Session therefore again downward moves begun which remained continued till  last minutes.

As more than last 2 hours downward moves were in Bullish Falling Channel which is a consolidation pattern and this pattern was seen in first hour also therefore upward moves are expected towards last Friday highest(24572.45) in the beginning of next week.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is down.

3- Intermediate Term Trend is down.

4- Long Term Trend is up.

Impulsive Wave-1 of which Waves structure started from 15183.40 on 17-06-2022 is now in continuation through its impulsive Wave-(v) of Wave-3 with its recent top formation at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts. Correction begun from this level which is also in continuation with its recent bottom formations at 24337.70 on 08-08-2025. Although a Pull Back Rally started from this levels which completed at 25153.70 on 21-08-2025 and again Short Term correction begun from this level which is also in continuation with recent bottom formations at 24404.70 on 29-08-2025 and no confirmation of its completion also on EOD charts.

Although all the Trends are down except Long Term Trend which is up and Nifty closed at the weekly lowest after previous week sharp fall also but indicators are suggesting that fresh Short Term upward moves may start in the coming week. As last Friday intraday chart is showing upward moves beginning possibility therefore firstly sustaining beyond following next resistances should be watched one by one in the coming week/weeks for next decisive moves beginning confirmations:- 

1- 24537-24571

2- 24648-24684

3- 24756-24833

4- 24969-25015

5- 25120-25153

As correction is very much on therefore following next supports should also be watched before on going correction completion confirmations:-

1- 24356-24462(Strong supports)

2- 24165-24337(Gap Support)

3- 24042-24139

4- 23859-23987

5- 23785-23872

6- 23557-23615

7- 23299-23445

8- 22924-23207(Gap Support)

9- 22761-22918

10- 22469-22695(Gap Support)

11- 22285-22446

12- 21832-22042

Watch immediate supports amid 

firstly upward moves expectations

Nifty-Intra Day Chart Analysis & Market

Outlook(29-08-2025)

Nifty-Intra Day Chart (28-Aug-2025):-

Technical Patterns formation in today intraday charts

1- 204 Points sharp fall in first 20 minutes after negative opening.

2- 177 Points up in the next 2 hours.

3- Selling between 24648-24684

4- Down moves with upward corrections

5- Down moves in Bullish Falling Channel

6- Whole day trading between 24482-24702

Conclusions from intra day chart analysis 

As good intraday selling in the last 2 sessions therefore firstly 204 points sharp fall was seen in first 20 minutes after negative opening but very Short Term indicators turned Over sold hence 177 Points upward moves developed in the next 2 hours. Nifty could not sustain at higher levels because fresh selling was seen at higher levels and downward moves developed with upward corrections which is also an intraday selling pattern hence Nifty closed near the lower levels other day after loosing 211.15 points.

Downward moves in the last hour were in Bullish Falling Channel which is an intraday consolidation pattern and Very Short Term indicators have tuned Over sold also therefore upward moves are expected towards today highest tomorrow and finally sustaining beyond immediate supports(24356-24462) should be watched in the coming sessions for next next decisive moves beginning confirmations.

Downward moves towards next supports

Nifty-Intra Day Chart Analysis & Market

Outlook(27-08-2025)

Nifty-Intra Day Chart (26-Aug-2025):-

Technical Patterns formation in today intraday charts

1- 164 Points down in first half hour after 68 points weaker opening.

2- More than 5 hours selling between 24756-24833.

3- Sharp fall in last half hour.

4- Whole day trading between 24690-24919

Conclusions from intra day

chart analysis 

As good intraday selling between 24954-25016 on 25-08-2025 therefore firstly 164 Points downward moves were seen  in first half hour after 68 points weaker opening on 26-08-2025 and after that more than 5 hours fresh selling between 24756-24833 hence sharp fall developed in last half hour and Nifty closed near the lower levels of the day after loosing 256 points.

Only intraday selling patterns formations in last 2 sessions therefore more downward moves are expected towards following next supports in the coming sessions:-

1- 24554-24673

2- 24356-24462(Strong supports)

3- 23924-24207(Gap Support)

As busy therefore unable to post 

today(26-08-2025) Outlook. 

Finally 2 levels will confirm Intermediate 

Term Trend formations and next 

bigger moves beginning

Technical Analysis,Research & Weekly 

Outlook(Aug 25 to Aug 29,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (24-Aug-2025):-

Technical Patterns and Formations in EOD charts

 

1- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

2- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

3- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

4- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

5- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

6- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025.

7- Short Term correction continuation with recent bottom formations at 24337.70 on 08-08-2025. 

8- Pull Back Rally continuation with recent top formations at 25153.70 on 21-08-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-(iii) of Wave-3 started from 18837.80 on 26-10-202 after corrective Wave-C of Wave-(ii) of Wave-3 of "ABC" correction completion at this level. Impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024 and from this level corrective Wave-A of Wave-(iv) of Wave-3 "ABC" correction begun. 

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and from this level Wave-B of Wave-(iv) of Wave-3 started  which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 begun which completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 started from this level. 

Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this level which is also now in continuation with recent bottom formations at 24337.70 on 08-08-2025 and no indication of its completion also on EOD charts. Pull Back Rally continuation with recent top formations at 25153.70 on 21-08-2025 and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (24-Aug-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- %K(5) line has intersected %D(3) line downward and its both lines are falling from Over bought zone.

2- Stochastic:- %K(5)- 62.10 & %D(3)- 80.40.

3- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive and negative zone.

4- MACD(26,12)- 04.49 & EXP(9)- -181.66 & Divergence- 186.15.

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line downward and its both lines are falling from Over bought zone therefore it will be understood that this indicator is showing more downward moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line upward and its both lines are rising in positive and negative zone therefore it will be understood that this indicator has shown signals of upward trend formation and resultant on going upward moves continuation possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (24-Aug-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24972(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24746(Short Term Trend decider) 

3- 55-Day SMA is today at 25016(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24633

5- 200-Day SMA is today at 24063(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed above 21-Day,100-Day and 200-Day SMAs last Friday therefore Short and Long Term Trends are clearly up. Nifty hovered around Very Short and Intermediate Term Trends deciders 5-Day and 55-Day SMAs in all 5 sessions of previous week as well as closed also below these Averages last Friday therefore these 2 Trends are at stake and finally sustaining beyond these 2 Averages will confirm these 2 Trends next formations in the coming week/weeks.

Nifty-Intra Day Chart Analysis

(24-Aug-2025)

Nifty-Intra Day Chart (24-Aug-2025):-

Technical Patterns formation in today intraday charts

1- 127 Points fall in first 20 minutes after negative opening

2- More than 5 hours sideways trading between 24900-24984

3- Down moves in last half hour

4- Whole day trading between 24859-25084

Conclusions from intra day chart analysis 

Although firstly 127 points fall in first 20 minutes after negative opening but after that more than 5 hours sideways trading was seen between 24900-24984 therefore firstly sustaining beyond this range should be watched in the beginning of next week despite Nifty closing last Friday near the lower levels of the day after last hour downward moves.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is at stake.

2- Short Term Trend is up.

3- Intermediate Term Trend is at stake.

4- Long Term Trend is up.

Impulsive Wave-1 of which Waves structure begun from 15183.40 on 17-06-2022 is now in continuation through its impulsive Wave-(v) of Wave-3 with its recent top formation at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts. Short Term correction started from this level which is also in continuation with its recent bottom formation at 24337.70 on 08-08-2025 and no confirmation of its completion also on EOD charts. 

Pull Back Rally which begun from 24337.70 on 08-08-2025 remained continued through gap up opening last Monday and finally 178 points gap(24674-24852) was also formed same day as well as this gap was maintained in whole previous week. As Nifty could not fill up this gap by a sihgle point despite 213.65 points sharp fall last Friday therefore this gap will be immediate supports of Nifty. 

Although Short Term indicator Stochastic is showing downward moves signals but another Short Term indicator MACD is suggesting upward moved beginning possibility also therefore finally upward moves beginning can not be ruled out after Very Short Term correction completion.

As Short and Long Term Trends are up and Intermediate Term Trend is at stake therefore firstly sustaining beyond its decider 55-Day SMA should be watched because next bigger moves will be started according to Intermediate Term next Up/Down Trend formations. 

Although "Bearish Shooting Star Weekly Candle" formations in previous week but more than 5 hours sideways trading was seen between 24900-24984 last Friday therefore firstly sustaining beyond this range should be watched in the coming week because after that finally following 2 levels will confirm Intermediate Term Trend formations and next bigger moves beginning according to this range sustaining beyond:- 

1- 178 Points gap(24674-24852) of 18-08-2025 is immediate strong Supports.

2- Intermediate Term Trend decider 55-Day SMA(which is today at 25016). 

Firstly watch 25055-25153 for 

next decisive moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(22-08-2025)

Nifty-Intra Day Chart (21-Aug-2025):-

Technical Patterns formation in today intraday charts

1- Whole day volatility between 25055-25153

2- Whole day trading between 25055-25153

Conclusions from intra day chart analysis 

As whole day only intraday volatility between 25055-25153 and one sided intraday pattern formations were not seen as well as Nifty closed within yesterday sideways trading range(25042-25088) at 25083.75 today therefore expected that Nifty will firstly trade and prepare for next decisive moves within 25042-25153 in the coming sessions and finally sustaining beyond this range will confirm next decisive moves beginning hence it should be firstly watched in the coming sessions.

Finally sustaining beyond 25042-25088

 will confirm next intraday decisive

 moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(21-08-2025)

Nifty-Intra Day Chart (20-Aug-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves with downward corrections

2- More than 2 hours sideways trading between 25042-25088

3- Whole day trading between 24930-25088

Conclusions from intra day

chart analysis 

Although firstly some downward moves after negative opening but upward moves started with downward corrections which is a consolidation pattern therefore upward moves remained continued till last hour. As sideways was seen trading between 25042-25088 in the last more than 2 hours therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about this trading range as well as finally sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.

Sustaining beyond today selling range

 will confirm next intraday decisive

 moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(20-08-2025)

Nifty-Intra Day Chart (19-Aug-2025):-

Technical Patterns formation in today intraday char

1- Consolidation between 24874-24924

2- Upward moves

1- Selling between 24979-25012

3- Whole day trading between 24874-25012

Conclusions from intra day chart analysis 

Although firstly some downward moves after positive opening but lower levels consolidation was seen in first 2 hours therefore upward moves developed in Mid-Session. As higher levels some selling also in last 3 hours between 24979-25012 therefore firstly sustaining beyond today selling range should be watched tomorrow for next intraday decisive moves beginning confirmations.

As out of station therefore unable to post 

today(19-08-2025) Outlook. 

Levels Valid break out will confirm 

Trump-Putin meeting impact 

on Indian Stock markets

Technical Analysis,Research & Weekly

Outlook(Aug 18 to Aug 22,2025))

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (14-Aug-2025):-

Technical Patterns and Formations in EOD charts

1- Corrective Wave-C of previous Waves structure "ABC correction" completion at 15183.40 on 17-06-2022 and Impulsive Wave-1 of new Waves structure beginning.

2- Impulsive Wave-1 completion at 18887.60 on 01-12-2022.

3- Corrective Wave-2 completion at 16828.30 on 20-03-2023.

4- Impulsive Wave-(i) of Wave-3 completion at 20222.45 on 15-09-2023 and Wave-A of "ABC" correction beginning.

5- Wave-A of Wave-(ii) of Wave-3 completion at 19333.60 on 04-10-2023.

6- Wave-B of Wave-(ii) of Wave-3 completion at 19849.80 on 17-10-2023.  

7- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

8- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

9- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

10- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

11- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

12- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025.

13- Short Term correction continuation with recent bottom formations at 24337.70 on 08-08-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Corrective Wave-C of "ABC correction" of previous waves structure completed at 15183.40 on 17-06-2022 and from this level Impulsive Wave-1 of new Waves structure begun. Wave-1 completed at 18887.60 on 01-12-2022 and corrective Wave-2 started from this level which completed at 16828.30 on 20-03-2023 and impulsive Wave-(i) of Wave-3 begun from this level.

Impulsive Wave-(i) of Wave-3 completed at 20222.40 on 15-09-2023 and from this level corrective Wave-A of "ABC" correction of Wave-(ii) of Wave-3 started which completed at 19333.60 on 04-10-2023. Wave-B begun from this level which completed at 19849.80 on 17-10-2023 and Wave-C started which completed at 18837.80 on 26-10-2023. Impulsive Wave-(iii) of Wave-3 begun from this level which completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-(iv) of Wave-3 started from this level.

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 begun from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 started which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 begun from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction started from this levels which is also in continuation with recent bottom formations at 24337.70 on 08-08-2025 and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (14-Aug-2025):-

Technical Patterns and Formations in EOD charts

1- Last 10 Sessions trading between 24338-24784 

2- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over bought zone.

3- Stochastic:- %K(5)- 66.24 & %D(3)- 54.41.

4- In MACD- MACD line has intersected Average line upward and its MACD line is rising in negative zone.

5- MACD(26,12)- -242.34 & EXP(9)- -286.46 & Divergence- 44.12

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over bought zone therefore it will be understood that this indicator is showing some more upard moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line upward and its MACD line is rising in negative zone therefore it will be understood that this indicator has generated first signal of upward trend formation and resultant Short Term upward moves beginning possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (14-Aug-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24537(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24774(Short Term Trend decider) 

3- 55-Day SMA is today at 24989(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24562

5- 200-Day SMA is today at 24047(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed above 100-Day SMA in the last 2 sessions and also hovering it around for the last 6 sessions therefore firstly sustaining it around should be watched in the coming week for first signal of that side decisive moves beginning. In the same manner Nifty has closed above Very Short Term Trend decider 5-Day SMA in the last 2 sessions therefore if Nifty sustains above it in the coming week then automatically Nifty will sustain above 100-Day SMA and will generate strong signals of decisive upward moves beginning. 

Nifty has sustained below Short and Intermediate Term Trends deciders 21-Day and 55-Day SMAs therefore these 2 Trends are clearly down. As Nifty is well above Long Term Trend decider 200-Day SMA therefore Long Term Trend is definitely up and no immediate risk of its turning down.

Nifty-Last 10 Sessions intraday

charts analysis

Nifty-Intra Day Chart (Aug 01 to Aug 14,2025):-

Technical Patterns formation in last 10 Sessions intraday charts

1- Selling(Resistances) in last 10 Sessions are as follows:- 

A- 24711-24729

B- 24744-24778 

2- Consolidation(Supports) in last 10 Sessions are as follows:-

A- 24536-24596 

B- 24345-24455

C- 24466-24542

3- Last 10 Sessions trading between 24338-24784 

Conclusions from 10 Sessions

intra day chart analysis 

As last 10 Sessions trading between 24338-24784 with above mentioned supports and resistances therefore firstly Nifty will trade and prepare for next bigger moves beginning within this range and finally sustaining beyond this last 10 sessions trading range should be watched in the coming week for next bigger and decisive moves beginning confirmations.

Nifty-Intra Day Chart Analysis

(14-Aug-2025)

Nifty-Intra Day Chart (14-Aug-2025):-

Technical Patterns formation in today intraday charts

1- Whole day Sideways trading between 24597-24673

2- Whole day trading between 24597-24673

Conclusions from intra day chart analysis 

As whole day sideways trading after little negative opening between 24597-24673 and closed also with only 11.95 points gains as well as one sided intraday trading patterns were also not seen last Friday therefore sustaining beyond this range should be firstly watched in the coming week for next decisive moves beginning confirmations.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is at stake.

2- Short Term Trend is down.

3- Intermediate Term Trend is down.

4- Long Term Trend is up.

Impulsive Wave-1 of new Waves structure started from 15183.40 on 17-06-2022 after corrective Wave-C of "ABC correction" of previous waves structure completion at this level. Its impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024 and from this level corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction started of which Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 begun from this level. Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this levels which is also in continuation with recent bottom formations at 24337.70 on 08-08-2025 and no indication of its completion also on EOD and intraday charts. 

Although most Averages are confirming Downward Trends but Very Short Term Trend decider Average has shown some upward moves beginning indications and Short Term indicators are also showing upward moves beginning signals therefore some upward moves possibility can not be ruled out in the next week.

Whole day last friday intraday trading was sideways between 24597-24673 and finally sustaining beyond this range will confirm next decisive moves beginning towards last 10 sessions trading range .As last 10 Sessions trading was between 24338-24784 with both higher levels resistances and lower levels supports also within this range therefore Nifty will firstly trade and prepare for next bigger moves within this range as well as finally sustaining beyond this range will confirm next bigger moves beginning hence it should be firstly watched in the coming week/weeks.

As Trump-Putin meeting in Alaska will impact Geo-Political and Economic impact on Indian and whole world therefore all the Global markets and Indian Stock Markets will react accordingly in the beginning of coming week. As firstly and finally sustaining beyond above mentioned last Friday trading range(24597-24673) and last 10 Sessions trading range(24338-24784) will confirm next bigger moves beginning therefore it should be firstly watched in the coming week for its confirmations.

Supports below last 10 Sessions trading range(24338-24784) are as follows:-

1- 23964-24119 

2- 23865-23943

3- 23554-23666

4- 23261-23424(Strong supports)

5- 22924-23207(Gap Support)

6- 22761-22918

7- 22469-22695(Gap Support)

8- 22305-22446

9- 21832-22042

 

Resistances above last 10 Sessions trading range(24338-24784) are as follows:-

1- 25785-25837

2- 25886-25912

3- 25949-26006

4- 26074-26111

5- 26135-26151(Gap Resistance)

6- 26191-26248

7- 26258-26277

Sustaining beyond 24634-34655

 will confirm next decisive

 moves beginning 

Nifty-Intra Day Chart Analysis & Market Outlook(14-08-2025)

Nifty-Intra Day Chart (13-Aug-2025):

Technical Patterns formation in today intraday charts

1- Consolidation between 24536-24596

2- Up moves with downward corrections

3- Selling between 

4- Whole day trading between 24536-24664

Conclusions from intra day chart analysis 

As firstly consolidation in first 3 hours after flat opening therefore upward moves were seen in Mid- Session which were with downward corrections therefore upward moves  continued in last hour. As Nifty closed  45 points below today highest afr some selling between 24634-34655 near today higher levels hence firstly fresh consolidation is required for next decisive moves beginning above today highest therefore firstly sustaining beyond this range should be watched tomorrow for next decisive moves beginning confirmations and once sustaining above this range will mean strong rally beginning.