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 despte Nifty closed today 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).