Bulls fully charged for strong
Rally with continuous new life
time tops formations
Technical Analysis,Research &
Weekly Outlook
(Dec 01 to Dec 05,2025)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (28-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 high and new life time top formations at 26310.50 on 27-11-2025.
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. Its 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-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 "ABC correction" of Wave-4 started from this level.
Corrective Wave-A of Wave-4 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-4 begun from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-4 started which completed at 21743.70 on 07-04-2025 and impulsive Wave-5 begun 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 started which completed at 24337.70 on 08-08-2025. From this level impulsive Wave-iii of Wave-5 begun which is now in continuation with its recent high and new life time top formations at 26310.50 on 27-11-2025 and no indication of its completion yet on EOD charts.
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (28-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 high and new life time top formations at 26310.50 on 27-11-2025.
3- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over bought zone.
4- Stochastic:- %K(5)- 82.15 & %D(3)- 60.75.
5- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive zone.
6- MACD(26,12)- 178.54 & EXP(9)- 112.87 & Divergence- 65.67
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 towards Over bought zone therefore it will be understood that firstly some more upward moves may be seen in the beginning of coming 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 upward and its both lines are rising in positive zone therefore it will be understood that MACD indicator is showing Short Term upward trend formations and more upward moves possibility in the next week.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (28-Nov-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 26094(Very Short Term Trend decider)
2- 21-Day SMA is today at 25886(Short Term Trend decider)
3- 55-Day SMA is today at 25511(Intermediate Term Trend decider)
4- 100-Day SMA is today at 25223
5- 200-Day SMA is today at 24578(Long Term Trend decider)
Conclusions from EOD chart analysis
(Averages)
As Nifty closed well above all the Trends deciding Averages last Friday therefore it is clear that now all the Trends are up.
Nifty-Intra Day Chart Analysis
(28-Nov-2025)
Nifty-Intra Day Chart (28-Nov-2025):-
Technical Patterns formation in today intraday charts
1- Upward moves with downward corrections
2- Downward moves in Bullish Falling Channel
3- Whole day trading between 26173-26280
Conclusions from intra day
chart analysis
As firstly upward moves were with downward corrections after positive opening in first 2 hours and after that more than 4 hours downward moves were in Bullish Falling Channel therefore whole day intraday consolidation patterns formations will be understood last Friday and resultant firstly upward moves above last Friday highest will be seen 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-1 of on going Waves structure which started from 15183.40 on 17-06-2022 after "ABC" correction of previous Waves structure completion at this level is now in continuation through its impulsive Wave-iii of Wave-5 with recent high and new life time top formations at 26310.50 on 27-11-2025. As no indication of impulsive Wave-iii of Wave-5 completion yet on EOD charts therefore will remain continued in the coming weeks and months.
Averages are confirming that now all the Trends are up. Short Term indicators Stochastic and MACD both are showing more upward moves possibility as well as last Friday intraday charts are also showing whole day intraday consolidation patterns formations therefore resultant firstly upward moves above last Friday highest will be seen in the beginning of next week. As last resistances of Nifty are between 26265-26310 therefore firstly consolidation fresh consolidation is required for next upward moves beginning above all time top at 26310.50.
Although impulsive Wave-iii of Wave-5 continuation is expected above life time top and it will be seen also but Short Term corrections are also a part of any Bullish rally therefore whenever Short Term corrections starts then following next supports of Nifty should be firstly watched for the life and length of any correction:-
1- 26142-26202
2- 26064-26131
3- 25991-26021
4- 25887-25921