Watch Levels & Supports for the life and length of on going Short Term correction and next Intermediate Term Trend formation confirmations

Technical Analysis,Research & Weekly

Outlook(Jul 28 to Aug 01,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (25-Jul-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 24806.35 on 25-07-2025. 

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. 

Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25654.20 on 27-06-2025 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 25129.00 on 11-07-2025.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (25-Jul-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 near Middle zone.

2- Stochastic:- %K(5)- 50.40 & %D(3)- 60.21.

3- In MACD- MACD line has intersected Average line downward and its both lines are falling in negative zone.

4- MACD(26,12)- -193.25 & EXP(9)- -54.36 & Divergence- -138.895

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 near Middle zone therefore it will be understood that at present this indicator is showing signals of some more downward moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in negative zone therefore it will be understood that this indicator has shown downward trend formation and resultant on going Short Term correction continuation possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (25-Jul-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25054(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25277(Short Term Trend decider) 

3- 55-Day SMA is today at 25037(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24263

5- 200-Day SMA is today at 24057(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has sustained below Very Short Term and Short Term Trends deciders 5-Day and 21-Day SMAs last Friday therefore these 2 Trends are clearly down. Intermediate Term Trend turning down possibility has also increased last Friday because Nifty opened below its decider 55-Day SMA that day and also closed 200 points below it at 24837 with 0.90% negative closing. Let Nifty to sustain below its decider 55-Day SMA then Intermediate Term Trend turning down will get confirmations. Long Term Trend is definitely up because Nifty has closed well above its trends decider 200-Day SMAs last Friday. 

Nifty-Intra Day Chart Analysis

(25-Jul-2025)

Nifty-Intra Day Chart (25-Jul-2025):-

Technical Patterns formation in today intraday charts

1- Volatility between 24905-25010 in first 15 minutes after 51 points gap down opening

2- Sharp fall

3- More than 5 hours sideways trading between 24807-24892

4- Whole day trading between 24807-25010

Conclusions from intra day chart analysis 

Although firstly volatility between 24905-25010 in first 15 minutes after 51 points gap down opening and after that sharp fall was also seen but more than 5 hours sideways trading developed at lower levels between 24807-24892 which was within next supports(24759-24909) therefore firstly sustaining beyond this supports range should be watched in the coming week for next decisive beginning confirmations.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is down.

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 25654.20 on 27-06-2025 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 25129.00 on 11-07-2025 and no confirmation of its completion also on EOD charts. 

Very Short and Short Term Trends were already down and Intermediate Term Trend turning down signals developed in previous week and firstly sustaining beyond its decider 55-Day SMA should be watched in the coming week because it will confirm next bigger moves according to its sustaining beyond. Long Term Trend is clearly up and no immediate risk of its turning down.

Both Short Term indicators Stochastic and MACD are showing more downward moves possibility therefore firstly sustaining beyond following levels and supports should be watched in the coming week one by one for Intermediate Term Trend formation confirmations and life and length of on going Short Term correction also:-

1- Next supports(24759-24909).

2- Intermediate Term Trend decider 55-Day SMA which is today at 25037.

Watch next supports after heavy

selling pressure of IT shares

Nifty-Intra Day Chart Analysis &

Market Outlook(25-07-2025)

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

Technical Patterns formation in today intraday charts

1- More than 50 points fall in first 15 minutes after gap up opening.

2- More than 1 hour selling between 25155-25186

3- Sharp fall

4- More than last 4 hours selling between 25019-25098

5- Whole day trading between 25019-25246

Conclusions from intra day chart analysis 

Although firstly some upward moves after gap up opening but more than 50 points fall was seen in first 15 minutes because sentiment weakened due to heavy selling in IT shares and NIFTYIT closed 2.21% down today. As after that more than 1 hour selling therefore sharp fall developed in Mid-Session and again lower levels more than last 4 hours selling hence more downward moves are expected towards following next supports and firstly sustaining them beyond should be watched one by one for next intraday decisive moves beginning confirmations.

1- 24846-24909

2- 24759-24816

On going rally continuation expectations

 towards next resistances

Nifty-Intra Day Chart Analysis &

Market Outlook(24-07-2025)

Nifty-Intra Day Chart (23-Jul-2025):-

Technical Patterns formation in today intraday charts

1- Almost 3 hours consolidation between 25086-25134 

2- Up moves with downward corrections

3- Whole day trading between 25086-25233

Conclusions from intra day chart analysis 

As firstly almost 3 hours consolidation between 25086-25134 and after that remaining whole day up moves were with downward corrections and it is a consolidation pattern also therefore on going rally continuation is expected towards next resistances(25323-25340),finally sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

 Sustaining beyond 25036-25126 

will confirm next intraday 

decisive moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(23-07-2025)

Nifty-Intra Day Chart (22-Jul-2025):-

Technical Patterns formation in today intraday charts

1- 90 Points fall in first half hour after gap up opening

2- More than 5 hours sideways trading between 25036-25126

3- Whole day trading between 25036-25182

Conclusions from intra day chart analysis 

Following lines were told at 12:21 AM today in "Watch next resistances amid firstly upward moves expectations":-

1- more upward moves are expected towards next resistances(25145-25207)

2- firstly sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

As was told 100% same happened and:-

1- firstly upward moves were seen today.

2- today highest was formed within mentioned resistances(25145-25207) at 25182.00.

Although firstly upward moves after  gap up opening and Nifty traded 91 points up also but fresh selling begun and 90 Points fall was in first half hour. As more than 5 hours sideways trading between 25036-25126 and one sided clear intraday trading patterns were not seen within this range therefore firstly sustaining beyond this trading range should be watched tomorrow for next intraday decisive moves beginning confirmations.

Watch next resistances amid firstly

upward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(22-07-2025)

Nifty-Intra Day Chart (21-07-2025):-

Technical Patterns formation in today intraday charts

1- 116 Points down in first 20 minutes after positive opening.

2- 157 Points sharp up in 20 minutes

3- More than 4 hours consolidation between 24883-25075

4- Sharp upward moves in last hour

5- Whole day trading between 24883-25111

Conclusions from intra day chart analysis 

Although positive opening but immediately 116 Points downward moves were seen in first 20 minutes. As after that 157 Points sharp up in next 20 minutes and after that more than 4 hours consolidation between 24883-25075 therefore again sharp upward moves developed in last hour.

As good intraday consolidation today therefore more upward moves are expected towards next resistances(25145-25207) and firstly sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

Correction continuation & firstly

 Watch 24919-25004 for that side next

 decisive moves beginning confirmations

Technical Analysis,Research & Weekly

Outlook(Jul 21 to Jul 25,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (18-Jul-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 24918.65 on 18-07-2025. 

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 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 started 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 begun 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 started from this levels 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 Wave-(v) of Wave-3 started from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 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 24918.65 on 18-07-2025 and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (18-Jul-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 towards Over sold zone.

2- Stochastic:- %K(5)- 38.79 & %D(3)- 47.73.

3- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.

4- MACD(26,12)- 167.15 & EXP(9)- 398.12 & Divergence- -230.97

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 towards Over sold zone therefore it will be understood that at present this indicator is showing signals of more downward moves possibility in the beginning of coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in positive zone therefore it will be understood that this indicator is showing downward trend formations and on going Short Term correction continuation possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (18-Jul-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25114(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25108(Short Term Trend decider) 

3- 55-Day SMA is today at 24969(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24144

5- 200-Day SMA is today at 24064(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed below Very Short Term and Short Term Trends deciders 5-Day and 21-Day SMAs last Friday therefore these 2 Trends are down. Intermediate Term Trend is at stake because Nifty has closed only 0.60 below its decider 55-Day SMA last Friday,let Nifty to sustain beyond its decider 55-Day SMA then bext Intermediate Term Trend direction will get confirmations. Long Term Trend is up because Nifty closed well above its trends decider 200-Day SMAs last Friday. 

Nifty-Intra Day Chart Analysis

(18-Jul-2025)

Nifty-Intra Day Chart (18-Jul-2025):-

Technical Patterns formation in today intraday charts

1- More than 200 points fall in first hour

2- More than 5 hours sideways trading between 24919-25004

3- Whole day trading between 24919-25144

Conclusions from intra day chart analysis 

Although firstly some upward moves after little negative opening but after that more than 200 points fall was seen in first hour. As more than 5 hours sideways trading between 24919-25004 and some selling patterns indications have also been seeing within this range therefore some more downward moves can not be ruled out in the beginning of next week but finally sustaining beyond 24919-25004 should also be watched for next decisive moves beginning confirmations in the coming 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 at stake.

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 begun of which Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 started 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 24918.65 on 18-07-2025. 

Intermediate Term Trend is at stake and Short Term indicators are also suggesting some more downward moves possibility as well as last Friday intraday charts are also showing more downward moves indications therefore firstly sustaining beyond more than 5 hours sideways trading range(24919-25004) of last Friday should be watched in next week for next decisive moves beginning confirmations because:-

1- Intermediate Term Trend decider 55-Day SMA(today at 24969) is also within this range.

2- Finally sustaining beyond 24919-25004 wil confirm Intermediate Term direction which is now at stake. 

Next 13 supports below 24919 are as follows  which should be watched after downward break down of sideways trading range(24919-25004) one by one for that side next decisive moves beginning confirmations:-

1- 24846-24909

2- 24759-24816

3- 24598-24695

4- 24484-24558

5- 23964-24119 

6- 23865-23943

7- 23554-23666

8- 23261-23424(Strong supports)

9- 22924-23207(Gap Support)

10- 22761-22918

11- 22469-22695(Gap Support)

12- 22305-22446

13- 21832-22042

Next 13 resistances above 25004 are as follows which should be watched after upward break out of sideways trading range(24919-25004) one by one for that side next decisive moves beginning confirmations:-

1- 25145-25207

2- 25323-25340(Gap Resistance)

3- 25360-25427

4- 25478-25548

5- 25625-25641

6- 25655-25739(Gap Resistance)

7- 25783-25837

8- 25886-25912

9- 25949-26006

10- 26074-26111

11- 26135-26151(Gap Resistance)

12- 26191-26248

13- 26258-26277

 Firstly watch 25145-25207 after Bullish Global markets led boosted sentiments today morning 

Pre-open Outlook(18-07-2025)

As Dow Jones closed with 0.52% gains yesterday and its Futures is also now trading more than 100 points up today morning as well as all the European markets also closed with good gain yesterday and some Asian markets are now trading with good gains today therefore sentiment turned boosted and resultant some consolidation may develop near about yesterday lowest also.

As Bullish sentiments today morning therefore positive opening of today markets may be seen and firstly sustaining beyond yesterday selling range(25145-25207) should be watched today for next intraday decisive moves beginning confirmations.

1- Dax(Germany) closed with 1.49% gains yesterday.

2- FTSE 100(England) closed with 0.52% gains yesterday.

3- CAC 40(France) closed with 1.29% gains yesterday.

Watch next supports amid firstly

downward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(18-07-2025)

Nifty-Intra Day Chart (17-Jul-2025):-

Technical Patterns formation in today intraday charts

1- 55 Points fall in first 20 minutes after positive opening

2- More than 4 hours selling between 25145-25207

3- Downward moves in last hours

4- Whole day trading between 25101-25238

Conclusions from intra day

chart analysis 

Although firstly some upward moves after positive opening but selling developed therefore 55 Points fall was seen in first 20 minutes. As more than 4 hours follow up selling in Mid-Session therefore again downward moves were seen in last hours and Nifty closed near the lower levels of the day.

As good intraday selling was seen today therefore firstly downward moves are expected towards next supports(25002-25061) and finally sustaining it beyond should be watched for next intraday decisive moves beginning confirmations.

Watch next resistances amid 

firstly upward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(17-07-2025)

Nifty-Intra Day Chart (16-Jul-2025):-

Technical Patterns formation in today intraday charts

1- More than 2 hours consolidation between 25122-25167

2- Up moves with downward corrections

3- Down moves in Bullish Falling Channel

4- Whole day trading between 25122-25255

Conclusions from intra day chart analysis 

Although firstly downward moves after flat opening but lower levels consolidation developed in more than 2 hours therefore upward moves begun which remained continued in whole Mid-session. As firstly upward moves were with downward corrections and after that downward moves were in Bullish Falling Channel as well as these 2 are consolidation patterns therefore firstly upward moves are expected towards next resistances(25360-25427) and finally sustaining it beyond should be watched for next intraday decisive moves beginning confirmations.

As busy therefore unable to post 

today(16-07-2025) Outlook. 

 Finally sustaining beyond 25002-25061

 will confirm next decisive 

moves beginning

Nifty-Intra Day Chart Analysis & Market

Outlook(15-07-2025)

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

Technical Patterns formation in today intraday charts

1- More than 100 points fall in first half hour after flat opening.

2- Upward moves

3- Selling between 25116-25129

4- Sharp down

5- More than 3 hours consolidation between 25002-25061

6- Sharp up

7- Whole day trading between 25002-25151

Conclusions from intra day chart analysis 

Although firstly more than 100 points fall in first half hour after flat opening but after that upward moves were also seen in next hour. As some selling also developed after some upward moves therefore sharp fall was seen after that. 

As more than 3 hours consolidation between 25002-25061 in Mid Session therefore sharp upward moves were also seen in last hour until until Nifty will not sustain below today lowest(25002) after complete selling till then decisive downward moves will not be seen and once sustaining above 25061 will mean fresh upward moves beginning after on going Short Term correction completion. It is clear that finally sustaining beyond 25002-25061 will confirm next decisive moves beginning.

Firstly watch sustaining beyond 25140

 & next supports for the life & length

 of on going Short Term correction

Technical Analysis,Research & Weekly

Outlook(Jul 14 to Jul 18,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (11-Jul-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 25129.00 on 11-07-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Corrective Wave-C of Wave-(ii) of Wave-3 "ABC" correction completed at 18837.80 on 26-10-2023 and from this level impulsive Wave-(iii) of Wave-3 begun which completed after new life time top formations at 26277.30 on 27-09-2024 and from this levels 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 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 impulsive Wave-(v) of Wave-3 begun from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25654.20 on 27-06-2025.

Although no confirmation of impulsive Wave-(v) of Wave-3 completion yet on EOD charts but Short Term correction started fron its top which is now in continuation also with recent bottom formations at 25129.00 on 11-07-2025 and no confirmation of its completion also.

 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (11-Jul-2025):-

Technical Patterns and Formations in EOD charts

1- Previous 10 Sessions trading range(25332-25669) broken down on 11-07-2025. 

2- Stochastic- %K(5) line has intersected %D(3) line downward and its both lines are falling towards Over sold zone.

3- Stochastic:- %K(5)- 24.10 & %D(3)- 42.34.

4- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.

5- MACD(26,12)- 210.11 & EXP(9)- 295.42 & Divergence- -85.31

Conclusions from EOD chart analysis

(Stochastic & MACD)

Trading in 10 previous sessions from 27-06-2025 to 10-07-2025 was seen between 25332-25669 and this trading range was forcefully broken down on 11-07-2025. At present Short Term correction continuation with recent bottom formations at 25129.00 on 11-07-2025 and now 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 towards Over sold zone therefore it will be understood that at present this indicator is showing signals of some more downward moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in positive zone therefore it will be understood that this indicator has started to show downward trend formation signals and resultant on going Short Term correction continuation possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (11-Jul-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25393(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25239(Short Term Trend decider) 

3- 55-Day SMA is today at 24893(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24036

5- 200-Day SMA is today at 24088(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed below Very Short Term and  Short Term Trends deciders 5-Day and 21-Day SMAs last Friday therefore these 2 Trends are down. Both Intermediate and Long Term Trends are up because Nifty closed well above these 2 trends decider 55-Day and 200-Day SMAs last Friday. 

Nifty-Intra Day Chart Analysis

(11-Jul-2025)

Nifty-Intra Day Chart (11-Jul-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves after gap down and 99 points weaker opening.

2- More than 150 points fall in next 2 hours.

3- More than 4 hours sideways trading between 25140-25191

4- Whole day trading between 25129-25322.

Conclusions from intra day

chart analysis 

Although firstly upward moves after gap down and 99 points weaker opening but after that more than 150 points fall was seen in next 2 hours last Friday. As  more than 4 hours sideways trading between 25140-25191 and one sided intraday trading patterns were not seen within this trading range therefore firstly sustaining beyond this range should be watched in the coming week for next decisive moves beginning confirmations.

Conclusions (After putting all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is down.

3- Intermediate Term Trend is up.

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 formations at 25654.20 on 27-06-2025. Short Term correction begon from this level which is also in continuation with its recent bottom formations at 25129.00 on 11-07-2025 and no indication of its completion yet on EOD and intraday charts. 

Although Intermediate and Long Term Trends are up but Very Short and Short Term Trends have turned down during on going Short Term correction. As previous 10 Sessions trading range(25332-25669) was forcefully broken down on 11-07-2025 and same day more than 4 hours sideways trading was also between 25140-25191 therefore firstly sustaining beyond this range should be watched in the coming week for the next decisive moves beginning confirmations.

As both Short Term indicators Stochastic and MACD are siganalling more downward moves possibility therefore:-

If Nifty sustains below 25140 then following next supports should be firstly watched one by one for the life and length of on going Short Term correction:- 

1- 25009-25056

2- 24846-24929

3- 24759-24816

4- 24598-24695 

Next resistances above last Friday highest are as follows:-

1- 25323-25340(Gap Resistance)

2- 25360-25427

3- 25478-25548

4- 25625-25541

Sustaining below 25352 will mean

 on going correction continuation

 toward next supports

Nifty-Intra Day Chart Analysis & Market

Outlook(11-07-2025)

Nifty-Intra Day Chart (10-Jul-2025):-

Technical Patterns formation in today intraday charts

1- 57 Points fall in first 10 minutes after positive opening.

2- Down moves with upward corrections

3- Selling between 25360-25427 

4- Whole day trading between 25341-25524

Conclusions from intra day chart analysis 

Although positive opening but immediately 57 Points fall was seen in first 10 minutes and after that Downward moves were with upward corrections because good intraday selling was seen yesterday also. 

Next supports between 25352-25385 was posted in previous Outlook at 12:41 AM today and Nifty closed within this range at 25355.25 today with fresh selling within and near about this range between 25360-25427 today also. It will be understood that this supports range has weakened today and once sustaining below its lowest(25352) will mean on going correction continuation toward next supports between 25187-25262. 

 Downward moves expectations

 towards next supports

Nifty-Intra Day Chart Analysis &

Market Outlook(10-07-2025)

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

Technical Patterns formation in today intraday charts

1- Downward moves after negative opening

2- Support between 25473-25494

3- Upward moves

4- Selling between 25478-25548

5- 95 Points sharp fall

6- Whole day trading between 25425-25548

Conclusions from intra day

chart analysis 

Although firstly Downward moves after negative opening but after that supports developed and then upward moves were seen and Nifty started trading in positive zone also. As higher levels selling in whole Mid-session therefore 95 points sharp fall was seen in last hour.

As higher levels good intraday selling today therefore downward moves are expected towards next supports between 25352-25385 and finally sustaining beyond this supports range will confirm next intraday decisive moves beginning.

As out of station therefore unable to post yesterday and today(09-07-2025) Outlook. 

Finally Bullish Wave-(v) of Wave-3

 continuation after on going Short Term

 correction completion

Technical Analysis,Research & Weekly

Outlook(Jul 07 to Jul 11,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (04-Jul-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 25331.70 on 04-07-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-1 of new Waves structure begun from 15183.40 on 17-06-2022 after Corrective Wave-C of "ABC correction" of previous waves structure completion at this level. 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 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 25331.70 on 04-07-2025 and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (04-Jul-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 towards Over sold zone.

2- Stochastic:- %K(5)- 31.57 & %D(3)- 47.64.

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

4- MACD(26,12)- 335.93 & EXP(9)- 200.37 & Divergence- 135.56.

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 towards Over sold zone therefore it will be understood that at present this indicator is signalling 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 zone therefore it will be understood that this indicator is confirming upward trend formations and resultant finally upward moves beginning possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (04-Jul-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25475(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25157(Short Term Trend decider) 

3- 55-Day SMA is today at 24779(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23933

5- 200-Day SMA is today at 24090(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty is closing below Very Short Term Trends decider 5-Day SMA for the last 3 sessions during on going Short Term Correction therefore this Trend is now down but all the Short to Long Term Trends are up because Nifty closed well above these all trends decider 21-Day to 200-Day SMAs last Friday. 

Nifty-Intra Day Chart Analysis

(04-Jul-2025)

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

Technical Patterns formation in today intraday charts

1- 56 Points fall in first 25 minutes after positive opening.

2- Up moves in Bearish Rising Channel

3- Sharp fall

4- Consolidation between 25332-25387

5- Sharp up

6- Up moves with downward corrections

7- Whole day trading between 25332-25470

Conclusions from intra day chart analysis 

As firstly 56 points fall in first 25 minutes after positive opening and after that intraday selling pattern of Up moves in Bearish Rising Channel formations also therefore sharp fall was seen in Mid-session and Nifty traded 73 points down after loosing all opening gains. More than 2 hours lower levels consolidation was also seen between 25332-25387 therefore sharp upward moves developed and last hour upward moves were with downward corrections hence finally Nifty closed near the higher levels of the day with 55 points gains.

Although Nifty closed near the higher levels of the day last Friday but sufficiently good intraday selling patterns were seen that day and immediate resistances of Nifty are little above last Friday closing are between 25498-25587 also therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about 25406-25587 as well as finally sustaining beyond this range will confirm next intraday decisive moves beginning in next week.

Conclusions

(After putting all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is up.

3- Intermediate Term Trend is up.

4- Long Term Trend is up.

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 that Waves structure started,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 of "ABC" correction begun of which Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 started from this level. Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25222.40 on 11-06-2025 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 25331.70 on 04-07-2025 and no confirmation of its completion also on EOD charts. 

Although Short Term indicator Stochastic is signalling more downward moves possibility in the coming week but another Short Term indicator MACD is confirming upward trend formations and resultant finally upward moves beginning possibility also therefore it will be understood that Short Term indicators are signalling fresh upward moves beginning possibility after on going Short Term correction completion. 

As all the Short to Long Term Trends are up and Bullish Hammer Candle with some intraday consolidation patterns formation was also seen last Friday therefore expected that finally upward moves of impulsive Wave-(v) of Wave-3 will be seen after getting supports within or near about following next supports which are below on going Short Term correction lowest(25332):-

1- 25191-25248

2- 25009-25056

Finally sustaining beyond 25385-25420

 will confirm next intraday decisive

 moves beginning

Nifty-Intra Day Chart Analysis & Market

Outlook(04-07-2025)

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

Technical Patterns formation in today intraday charts

1- 72 Points fall in first 15 minutes after positive opening

2- Upward moves

3- More than 4 hours selling Patterns formation between 25498-25587

4- Sharp fall

5- Minor supports in last hour between 25385-25420

6- Whole day trading between 25385-25587

Conclusions from intra day chart analysis 

Although firstly 72 Points fall in first 15 minutes after positive opening but immediately after that upward moves were also seen and Nifty again traded in Green zone. As more than 4 hours selling Patterns formation in Mid-Session therefore again sharp fall developed. 

As minor supports in last hour between 25385-25420 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations and:-

1- Until Nifty will not sustaining above today highest after complete consolidation above 25420 till then decisive upward moves will nnt be seen.

2- Sustaining below 25385 will mean decisive downward moves towards following next supports:-

A- 25310-25351 

B- 25191-25248

C- 25009-25056

Firstly watch sustaining beyond

 25379-25501 for next intraday decisive

 moves beginning confirmations

Nifty-Intra Day Chart Analysis & Market

Outlook(03-07-2025)

Nifty-Intra Day Chart (02-Jul-2025):-

Technical Patterns formation in today intraday charts

1- 60 Points up in first minute.

2- More than one  hour Down moves with upward corrections.

3- Selling Patterns formation in Mid-Session between 25465-25501. 

4- Sharp down.

5- Supports in last hours between 25379-25422.

6- Sharp up.

7- Whole day trading between 25379-25608.

Conclusions from intra day chart analysis 

Although Nifty traded 60 points up in first minute and moved above yesterday highest(25593.4) also but selling developed at higher levels because Nifty is in short Term Correction mode. As firstly selling through more than one hour Down moves with upward corrections and Selling Patterns formation in Mid-Session also between 25465-25501 sharp fall was seen after that.

As lower levels Supports developed in last hours between 25379-25422 therefore sharp upward moves were seen hence it will be understood that both supports and selling was seen between 25379-25501 today and firstly Nifty will trade as well prepare for next decisive moves within this range therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.