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"Indian Stock Markets" 
More than 5% rally after Modi ji and Nirmala Sitaraman surgical strike on Bears
Technical Analysis,Research & Weekly Outlook
(Sep 23 to Sep 27,2019)
Nifty-EOD Chart Analysis(Waves structure)
Nifty-EOD Chart (20-Sep-2019):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- Impulsive Wave-1 beginning from 6825.80 on 29-02-2016 after 1 financial year(2015-16) correction completion.
2- Impulsive Wave-1 completion at 8968.70 on 07-09-2016 and corrective Wave-2 beginning
3- Corrective Wave-2 completion at 7893.80 on 26-12-2016 and impulsive Wave-3 beginning
4- Impulsive Wave-3 completion at 11760.20 on 28-08-2018 and corrective Wave-4 beginning
5- Corrective  Wave-4 completion at 10004.55 on 26-10-2018 and impulsive Wave-5 beginning
6- Impulsive Wave-5 completion after life time top formation at 12103.00 on 03-06-2019 and corrective Wave-A beginning
7- Corrective Wave-A  completion at 10637.15 on 23-08-2019
8- 34 Sessions sideways trading range(10638-11181) broken out forcefully on 20-09-2019 and that confirmed Wave-B beginning as well as Wave-A completion at 10637.15 on 23-08-2019.
9- Long Term Trend turning up indication after last Friday closing above its decider 200-Day SMA(today at 112230).  

Nifty-EOD Chart Analysis(Corrective Waves)
Nifty-EOD Chart (20-Sep-2019):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- Impulsive Wave-5 completion after life time top formation at 12103.00 on 03-06-2019 and corrective Wave-A of "ABC" correction beginning
2- Corrective Wave-A  completion at 10637.15 on 23-08-2019
3- 34 Sessions sideways trading range(10638-11181) broken out forcefully on 20-09-2019 and that confirmed Wave-B beginning as well as Wave-A completion at 10637.15 on 23-08-2019.
Conclusions from EOD chart analysis 
4- Wave-B continuation with recent top formations at 11381.90 on 20-09-2019

Nifty-Last 34 Sessions intraday charts analysis
Nifty-Intra Day Chart (Jul 31 to Sep 20,2019):-
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Technical Patterns formation in last 34 Sessions intraday charts

1- Previous 34 Sessions trading  between 10638-11181
2- Previous 34 Sessions  trading range forcefully broken out on 20-09-2019

Nifty-Intra Day Chart Analysis(20-09-2019)
Nifty-Intra Day Chart (20-Sep-2019):-
Just click on chart for its enlarged view
Technical Patterns formation in today intraday charts

1- Sideways trading till 10:45 AM i.e. before the beginning of F.M. Nirmala Sitaraman Press Conference.
2- Strong rally immediately after beginning of Press Conference
3- Closing near higher levels of the day after 5.32% gains 
4- Whole day actual trading between 10691-11381

Conclusions (After Putting All Studies Together)

The date of 20-09-2019 will always be remembered in the history of Indian Stock Markets for more than 5% gains after just only a Press Conference. Yes,Indian Stock Markets celebrated Dipawali on 20th Sep 2019 and  most of the Indices blasted more than 5%.

Nifty traded sideways between 10638-11181 in the last 34 Sessions and this trading range forcefully broken out on 20-09-2019 as well as Nifty closed above Long Term Trend decider 200-Day SMA(today at 112230) resultant Long Term Trend turning up strong indications. Once sustaining above 200-Day SMA in next week will mean all trends(Long,Intermediate and Short) turning up confirmations therefore sustaining it beyond should also be watched in the coming week for confirmations.

34 Sessions sideways trading range(10638-11181) broken out forcefully on 20-09-2019 and as per Eliot Wave Theory confirmation of Wave-B beginning and Wave-A completion at 10637.15 on 23-08-2019. It means that possibility of Wave-C slipping below Wave-A lowest(10637.15) is still alive after Wave-B completion below Wave-5 top(12103.00) but now it has been confirmed that much deeper correction of Wave-C will not be seen below Wave-A lowest(10637.15) and finally strong rally will be seen after completion of "ABC" correction completion. 

As 34 Sessions like big sideways trading range broken out last Friday therefore emergence of more than 5% rally possibility which will be seen in next weeks/months after Modi ji and Nirmala Sitaraman surgical strike on Bears.
10671-10805 will confirm next decisive moves 
Intra Day Chart Analysis & Market Outlook
(20-09-2019)
Nifty-Intra Day Chart (19-Sep-2019):-
Just click on chart for its enlarged view
Technical Patterns formation in today intraday charts

1- Continuous slipping after flat opening
2- Minor consolidation at lower levels in last 2 hours
3- Whole day actual trading between 10671-10845

Conclusions from intra day chart analysis 

As whole day lower levels supports and after that Mixed Patterns formation in last 3 hours yesterday therefore up moves expected today but sentiment turned dampened today morning due to depressing Asian markets therefore fresh down moves begun after flat opening.

Although continuous slipping but minor consolidation was also seen at lower levels in last 2 hours therefore some up moves may be seen tomorrow because Short Term Indicators have also turned Oversold.

Last supports of previous 33 sessions trading range(10638-11181) are between 10747-10805 and this support has been broken down today therefore until Nifty will not sustain above 10805 till then decisive up moves will not be seen and once sustaining below today lowest will mean more then 5% sharp fall possibility.

As Nifty closed near the lower levels of previous 33 sessions trading range(10638-11181) and last supports have also been broken down therefore firstly valid break out of 10671-10805 should be watched for above mentioned next decisive moves confirmations.
Firstly watch 10747 amid weaker Global markets 
Post-open Outlook(19-09-2019)
As Dow Jones Futures is trading more than 75 points down and all the Asian markers are weak as well as Hang Seng is more than 1% down today morning therefore sentiment turned weak and resultant weaker opening of Indian markets. 

Last supports of last 32 sessions are lying between 10747-10805 and sentiment is dampened today therefore firstly sustaining beyond 10747 should be watched for the next big decisive down moves confirmations. 
Pull back rally continuation expectations 
Intra Day Chart Analysis & Market Outlook
(19-09-2019)
Nifty-Intra Day Chart (18-Sep-2019):-
Just click on chart for its enlarged view
Technical Patterns formation in today intraday charts

1- Down moves in Bullish Falling Channel
2- Lower levls supports between 10805-10825
3- Mixed Patterns formation between 10846-10873
4- Whole day actual trading between 10805-10885

Conclusions from intra day chart analysis 

Although firstly slipping after positive opening and moving also in negative zone but getting continuous supports at lower levels therefore today started Pull back rally continuation is expected. 

As Mixed Patterns formation between 10846-10873 also therefore follow up consolidation and once sustaining above 10873 will mean strong up moves towards and above 10950.
Watch levels amid a Pull Back Rally possibility
Intra Day Chart Analysis & Market Outlook
(18-09-2019)
Nifty-Intra Day Chart (17-Sep-2019):-
Just click on chart for its enlarged view
Technical Patterns formation in today intraday charts

1- Selling immediately after opening
2- Selling between 10901-10934
3- Last Hours Down moves in Bullish Falling Channel
4- Whole day actual trading between 10797-11000

Conclusions from intra day chart analysis 

Following lines were told on 14-09-2019 in "Firstly watch 3 most crucial levels for next up Trend beginning confirmations":-

Short Term indicators have also turned over bought and Short Term correction can not be ruled out any day in next week. 

Following 3rd support was updated on 14-09-2019 in "Firstly watch 3 most crucial levels for next up Trend beginning confirmations":-

3- 10817-10861 

As Indian markets were overbought and negative development of Drone Attacks In Saudi Arab oil fields therefore Short Term correction was seen in last 2 sessions and Nifty closed exactly at 3rd support(10817.60) Today.  

Although firstly selling but some buying was also seen in last hours today through Down moves in Bullish Falling Channel and Very Short Term indicators have also turned over sold therefore a Pull Back Rally can not be ruled out.

As finally next decisive moves will be seen after sustaining beyond 10747-10934 and firstly Nifty will prepare for it within this range tomorrow therefore should be watched in the coming sessions.
As busy therefore Stock Market Outlook of today(17-09-2019) is not being updated.
Firstly watch immediate Supports for real impact of Drone Attacks 
Pre-open Outlook(16-09-2019)

As "Oil Prices soar Over 10% After Drone Attacks In Saudi Arab" therefore Dow Jones's Futures is trading more then 150 points down today morning hence some Asian markets are also weak resultant Indian markets will also open in negative zone. 

Immediate Supports are between 10946-10992 and firstly sustaining it beyond should be watched for real impact of Drone Attacks on Indian Stock Markets. 
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