Watch Levels,Supports and Resistances
for next Trend formations & that side
bigger moves beginning confirmations
amid INDO-US Tariff war
Technical Analysis,Research & Weekly
Outlook(Aug 11 to Aug 14,2025)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (08-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.
Conclusions from EOD chart analysis
(Waves structure)
Impulsive Wave-(iii) of Wave-3 begun 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 started.
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 begun which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 started which completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 begun from this level.
Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25654.20 on 27-06-2025 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.
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (08-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 towards Over sold zone.
2- Stochastic:- %K(5)- 24.34 & %D(3)- 27.53.
3- In MACD- MACD line has intersected Average line downward and its both lines are falling in negative zone.
4- MACD(26,12)- -298.56 & EXP(9)- -280.81 & Divergence- -17.75.
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 towards Over sold zone therefore it will be understood that at present this indicator is showing some more downward moves possibility in the coming week.
2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in negative zone therefore it will be understood that this indicator has shown downward trend formation and resultant on going Short Term correction continuation possibility also.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (08-Aug-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 24581(Very Short Term Trend decider)
2- 21-Day SMA is today at 24885(Short Term Trend decider)
3- 55-Day SMA is today at 25009(Intermediate Term Trend decider)
4- 100-Day SMA is today at 24493
5- 200-Day SMA is today at 24042(Long Term Trend decider)
Conclusions from EOD chart analysis
(Averages)
As Nifty has sustained below Very Short,Short and Intermediate Term Trends deciders 5-Day,21-Day and 55-Day SMAs till last Friday therefore all these 3 Trends are clearly down. Long Term Trend is definitely up but Nifty has closed well below 100-Day SMA last Friday therefore firstly sustaining it beyond should be watched in the coming week/weeks because it will create strong signals of next Long Term Trend formations.
Nifty-Last 2 Sessions intraday
charts analysis
Nifty-Intra Day Chart (Aug 07 & Aug 08,2025):-
1- Downward moves after 110 points negative opening on 07-08-2025.
2- Consolidation between 24345-24455 on 07-08-2025.
3- Sharp up in last hour on 07-08-2025.
4- 144 Poits down in first hour after negative opening on 08-08-2025.
5- More than 4 hours Mixed Patterns formation between 24382-24483 on 08-08-2025.
6- Sharp fall in last hour on 08-08-2025.
7- Last 2 Sessions trading between 24338-24634.
Conclusions from 2 Sessions intra day
chart analysis
As Donald Trump imposed 25% more tariff on India and sentiment was completely depressed on 07-08-2025 therefore firstly downward moves were seen that day but lower levels good consolidation developed between 24345-24455 hence relief rally was seen in last hour.
Although Nifty closed near the higher levels of the day on 07-08-2025 but due to relief rally therefore firstly 144 Points downward moves were seen in first hour after negative opening on 08-08-2025(last Friday). As more than 4 hours trading was with Mixed Patterns formation between 24382-24483 and sentiment was completely depressed hence Nifty closed at the lower levels of the day after sharp fall in last hour.
As lowest of on going Short Term correction was formed last Friday therefore view is cautious but more than 6 hours trading was seen between 24345-24483 in last 2 sessions and within it good consolidation was also seen on 07-08-2025 therefore firstly sustaining beyond this range should be watched in the coming week for next one sided bigger decisive moves beginning confirmations.
Conclusions
(After putting all studies together)
1- Very Short Term Trend is down.
2- Short Term Trend is down.
3- Intermediate Term Trend is down.
4- Long Term Trend is up.
Impulsive Wave-1 of which Waves structure started 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 begun 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.
Very Short,Short and Intermediate Term Trends are now down and Long Term Trend is still up. As finally sustaining beyond 100-Day SMA will generate strong signals of next Long Term Trend formations therefore it should be firstly watched in the coming week/weeks for its formation confirmations
Although Short Term indicators are showing some more downward moves possibility and Nifty closed at the lowest of on going Short Term correction also last Friday but more than 6 hours trading in last 2 sessions was seen between 24345-24483 and within it good consolidation was also seen on 07-08-2025 therefore firstly sustaining beyond this range should be watched in the coming week/weeks for next one sided bigger decisive moves beginning confirmations.
As Donald Trump is imposing Tariffs on Indian imports and INDO-US Tariff war has begun therefore finally sustaining beyond following levels,supports and resistances will confirm next bigger moves beginning hence it should be watched in the coming week/weeks of next decisive trend formation and accordingly that side next bigger moves beginning confirmations:-
1- Firstly watch sustaining beyond 24345-24483
2- 100-Day SMA(today at 24493) for first strong signal of next Long Term Trend formations.
3- Gap supports(24165-24338)
4- Whenever upward moves starts then following next resistances should be watched for its life and length confirmations:-
A- 24584-24628
B- 24711-24729
C- 24744-24778
5- 55 Day SMA(today at 25009) for next Intermediate Term Trend formation confirmations
