Finally impulsive Wave-5 upward
moves after expected Short
correction completion
Technical Analysis,Research & Weekly
Outlook(Oct 13 to Oct 17,2025)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (10-Oct-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-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-4 of "ABC" correction beginning.
5- Corrective Wave-A of Wave-4 completion at 23263.20 on 21-11-2024.
6- Corrective Wave-B of Wave-4 completion at 24857.80 on 05-12-2024.
7- Corrective Wave-C of Wave-4 completion at 21743.70 on 07-04-2025 and Impulsive Wave-5 beginning from this level.
8- Impulsive Wave-5 continuation with recent top formations at 25669.30 on 30-06-2025.
9- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025.
10- Pull Back Rally completion with recent top formations at 25448.50 on 18-09-2025.
11- Short Term correction completion with recent bottom formations at 24587.70 on 30-09-2025.
12- Pull Back Rally continuation with recent top formations at 25330.75 on 10-10-2025.
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-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-4 begun from this level.
Corrective Wave-A of Wave-4 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-4 started from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-4 begun which completed at 21743.70 on 07-04-2025 and Wave-5 begun started this level.
Now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term corrections have been seen 3 times from this level and these corrections have completed with higher bottom formations and 2 times Pull Back rallies have also completed with higher tops formations which is a strong signal of strength. Now 3rd Pull Back Rally continuation with its recent top formations at 25330.75 on 10-10-2025. and no confirmation of its completion also on EOD charts.
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (10-Oct-2025):-
Technical Patterns and Formations in EOD charts
1- In Stochastic- Its both lines %K(5) and %D(3) are kissing in Over bought zone.
2- Stochastic:- %K(5)- 84.40 & %D(3)- 83.22.
3- In MACD- Its MACD line has intersected Average line downward and MACD line is rising and its Average line is falling in negative zone.
4- MACD(26,12)- -66.26 & EXP(9)- -31.94 & Divergence- -34.32
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 bought 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 below Over bought zone after %K(5) line downward intersection then decisive downward moves will be seen.
2- As in MACD its MACD line has intersected Average line downward and MACD line is rising and its Average line is falling in negative zone as well as its both lines are just below Zoro line therefore it will be understood that at present this indicator is not showing clear signals of any side next decisive moves beginning.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (10-Oct-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 25139(Very Short Term Trend decider)
2- 21-Day SMA is today at 25055(Short Term Trend decider)
3- 55-Day SMA is today at 24866(Intermediate Term Trend decider)
4- 100-Day SMA is today at 24957
5- 200-Day SMA is today at 24188(Long Term Trend decider)
Conclusions from EOD chart
analysis (Averages)
As Nifty has closed above all the Trends deciding Averages in all the last 5 sessions of previous week therefore it will be understood that now all the Trends are up and finally decisive upward moves will be seen in the coming weeks.
Nifty-Intra Day Chart Analysis
(10-Oct-2025)
Nifty-Intra Day Chart (10-Oct-2025):-
Technical Patterns formation in today intraday charts
1- 139 Points up in first hour after negative opening.
2- More than 4 hours selling between 25278-25330
3- Whole day trading between 25157-25330
Conclusions from intra day chart analysis
Although firstly 139 points upward moves in first hour after negative opening last Friday but higher levels more than 4 hours selling was seen between 25278-25330 therefore downward moves afre expected in the beginning of next towards last Friday lowest(25157) despite 103 points positive closing that day.
Conclusions (After putting
all studies together)
1- Very Short Term Trend is Up.
2- Short Term Trend is Up.
3- Intermediate Term Trend is Up.
4- Long Term Trend is Up.
Now impulsive Wave-5 of that Waves structure is in continuation with its recent top formations at 25669.30 on 30-06-2025 which started from 15183.40 on 17-06-2022 and its impulsive Wave-3 was completed with new life time top formations at 26277.30 on 27-09-2024.
No confirmation of on going Wave-3 completion yet on EOD charts but Short Term correction started from its top(25669.30) which completed also at 24337.70 on 08-08-2025 but since then 2 times Pull Back rallies and 2 times Short Term corrections have also been seen. As these Short Term corrections and Pull Back rallies were with higher bottoms and higher tops formations and it is a consolidation pattern also therefore expected that finally on going Wave-5 upward moves will be seen towards and above life time top at 26277.30 after on going Wave-5 corrections completion.
Although all the Trends are now up but Short Term indicator Stochastic is Over Bought and another Short Term indicator MACD is not showing clear signals of upward moves beginning as well as last Friday intraday charts have also shown more than 4 hours intraday selling patterns therefore Short Term correction may also be seen in the beginning of coming week and sustaining beyond following supports should be watched be one by one in the coming week for next decisive moves beginning confirmations:-
1- 25127-25151
2- 25017-25083
3- 24773-24850
4- 24602-24679
As finally impulsive Wave-5 upward moves are expected after expected Short Term correction completion therefore then following next resistances should be watched for next upward noves beginning confirmations:-
1- 25408-25448
2- 25465-25501
3- 25498-25587
4- 25670-25739(Gap Resistance)
5- 25783-25837
6- 25886-25912