Bullish market continuation for decisive bigger moves above life time top with only Short Term corrections possibility
Technical Analysis,Research & Weekly Outlook(Nov 17 to Nov 21,2025)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (14-Nov-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-i of Wave-5 completion at 25669.30 on 30-06-2025.
9- Corrective Wave-ii of Wave-5 completion at 24337.70 on 08-08-2025.
10- Impulsive Wave-iii of Wave-5 continuation with recent top formations at 26104.20 on 23-10-2025.
11- Short Term correction completion at 25318.45 on 07-11-2025.
11- Pull Back Rally continuation with recent top formations at 26110.70 on 13-11-2025.
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 impulsive Wave-5 started from this level.
Impulsive Wave-i of Wave-5 completed at 25669.30 on 30-06-2025 and from this levels corrective Wave-ii of Wave-5 begun which completed at 24337.70 on 08-08-2025. From this level impulsive Wave-iii of Wave-5 started which is now in continuation with its recent top formations at 26104.20 on 23-10-2025 and no confirmation of its completion yet on EOD charts. Short Term correction started from this level which completed at 25318.45 on 07-11-2025 and from this level Pull Back Rally begun which is now in continuation with recent top formations at 26110.70 on 13-11-2025 and no confirmation of its completion yet on EOD charts..
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (14-Nov-2025):-
Technical Patterns and Formations in EOD charts
1- Corrective Wave-ii of Wave-5 completion at 24337.70 on 08-08-2025.
2- Impulsive Wave-iii of Wave-5 continuation with recent top formations at 26104.20 on 23-10-2025.
3- Short Term correction completion at 25318.45 on 07-11-2025.
4- Pull Back Rally continuation with recent top formations at 26110.70 on 13-11-2025.
5- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising in Over bought zone.
6- Stochastic:- %K(5)- 84.51 & %D(3)- 80.98.
7- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.
8- MACD(26,12)- 11.01 & EXP(9)- 187.81 & Divergence- -176.8
Conclusions from EOD chart analysis
(Stochastic & MACD)
Technical positions of Short Term indicators are as follows:-
1- As in Stochastic indicator %K(5) line has intersected %D(3) line upward and its both lines are rising in Over bought zone therefore it will be understood that some more upward moves may be seen in the beginning of next week. Let its both lines to move below Over bought zone after %K(5) line downward intersection of %D(3) line then Short Term downward moves will ne seen.
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 MACD indicator is showing signals of Short Term downward moves beginning possibility. Let its both lines to move into negative zone then decisive downward moves will be seen after downward trend formation confirmations.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (14-Nov-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 25787(Very Short Term Trend decider)
2- 21-Day SMA is today at 25756(Short Term Trend decider)
3- 55-Day SMA is today at 25256(Intermediate Term Trend decider)
4- 100-Day SMA is today at 25154
5- 200-Day SMA is today at 24440(Long Term Trend decider)
Conclusions from EOD chart analysis
(Averages)
Intermediate & Long Term Trends were already up and Nifty closed above Very Short & Short Term Trends deciding 5-Day & 21-Day SMAs in last 3 sessions therefore these 2 Trends have also turned up which means that now all the Trends are up.
Nifty-Intra Day Chart Analysis
(14-Nov-2025)
Nifty-Intra Day Chart (14-Nov-2025):-
Technical Patterns formation in today intraday charts
1- Volatility between 25769-25879 after 111 points weaker opening
2- Consolidation between 25740-25807
3- Sharp up in last half hour
4- Whole day trading between 25740-25940
Conclusions from intra day
chart analysis
Although firstly volatility between 25769-25879 after 111 points weaker opening but after that lower levels consolidation developed therefore sharp upward moves were seen in last hour. AS lower levels good intraday consolidation last Friday therefore upward moves are expected in the beginning of next week.
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.
Impulsive Wave-3 of that Waves structure completed with new life time top formations at 26277.30 on 27-09-2024 which started through its Impulsive Wave-1 from 15183.40 on 17-06-2022. Wave-4 "ABC" correction begun from life time top which completed at 21743.70 on 07-04-2025 and impulsive Wave-5 begun from this level. Now impulsive Wave-iii of Wave-5 continuation with its recent top formations at 26104.20 on 23-10-2025 and no confirmation of its completion also but Short Term correction started from this level which completed at 25318.45 on 07-11-2025 and from this level Pull Back Rally begun which is now in continuation with recent top formations at 26110.70 on 13-11-2025 and no confirmation of its completion yet on EOD charts.
Averages are showing that all the Trends are now up but Short Term indicator MACD is showing signals of Short Term downward moves beginning possibility and both lines of another Short Term indicator Stochastic are in Over bought zone therefore downward moves may be seen in the next week. As last Friday intraday charts are showing upward moves possibility in the beginning of next week therefore firstly sustaining beyond following next resistances should be watched in the coming week/weeks:-
1- 25955-26010
2- 26052-26104
3- 26135-26151(Gap Resistance)
4- 26191-26248
5- 26258-26277
Sustaining beyond following next supports below last Friday lowest should be watched in the coming week after the beginning of Short Term correction:-
1- 25718-25740(Gap Support)
2- 25450-25531
3- 25319-25391
4- 25193-25315
5- 25032-25136
Now Bullish Wave-iii of Wave-5 continuation for decisive bigger moves above life time top(26277.30) and that will be seen with time to time Short Term corrections possibility which is a part of Bullish rallies also.