Firstly upward moves possibility &
finally 24726-24944 will confirm
Very Short to Intermediate Term Trends
Technical Analysis,Research & Weekly
Outlook(Oct 06 to Oct 10,2025)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (03-Oct-2025):-
Technical Patterns and Formations in EOD charts
1- 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.
2- Corrective Wave-A of Wave-4 completion at 23263.20 on 21-11-2024.
3- Corrective Wave-B of Wave-4 completion at 24857.80 on 05-12-2024.
4- Corrective Wave-C of Wave-4 completion at 21743.70 on 07-04-2025 and Impulsive Wave-5 beginning from this level.
5- Impulsive Wave-5 continuation with recent top formations at 25669.30 on 30-06-2025.
6- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025.
7- Pull Back Rally completion with recent top formations at 25448.50 on 18-09-2025.
8- Short Term correction completion with recent bottom formations at 24587.70 on 30-09-2025.
9- Pull Back Rally continuation with recent top formations at 24904.80 on 03-10-2025.
Conclusions from EOD chart analysis
(Waves structure)
Impulsive Wave-3 of that Waves structure completed with new life time top formations at 26277.30 on 27-09-2024 of which impulsive Wave-1 of new Waves structure begun from 15183.40 on 17-06-2022. After impulsive Wave-3 completion corrective Wave-A of Wave-4 of "ABC" correction started and its Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-5 begun from this level which is now in continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts.
Although Short Term corrections have been seen 3 times from 25669.30 but these corrections have completed with higher bottom formations and 2 times Pull Back rallies have also been completed with higher tops formations which is a strong signal of strength. Now 3rd Pull Back Rally continuation with its recent top formations at 24904.80 on 03-10-2025 and no confirmation of its completion also on EOD charts.
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (03-Oct-2025):-
Technical Patterns and Formations in EOD charts
1- All 3 Short Term corrections from 25669.30 completed with higher bottom formations.
2- Both Pull Back ralles from 25669.30 completed with higher tops formations.
3- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising from Over sold zone.
4- Stochastic:- %K(5)- 50.02 & %D(3)- 24.44.
5- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive avd negative zone.
6- MACD(26,12)- -52.80 & EXP(9)- 168.25 & Divergence- -221.05.
Conclusions from EOD chart analysis
(Stochastic & MACD)
Technical positions of Short Term indicators are as follows:-
1- As in Stochastic indicator its line has intersected %D(3) line upward and its both lines are rising from Over sold zone therefore it will be understood that this indicator has generated strong signal of more upward moves in the coming week/weeks
2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in positive and negative zone therefore it will be understood that MACD indicator has generated first strong signal of decisive downward moves beginning with downward Trend formations.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (03-Oct-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 24726(Very Short Term Trend decider)
2- 21-Day SMA is today at 24978(Short Term Trend decider)
3- 55-Day SMA is today at 24862(Intermediate Term Trend decider)
4- 100-Day SMA is today at 24944
5- 200-Day SMA is today at 24164(Long Term Trend decider)
Conclusions from EOD chart
analysis (Averages)
Long Term Trend is clearly up because Nifty is well above its decider 200-Day SMA for the last more than 4 months. As Nifty traded near about all other trends(Very Short to Intermediate Terms) deciding Averages in previous week therefore these Trends are at stake and finally sustaining beyond these Averages should be watched in the coming week/weeks for these trends formation confirmations.
Nifty-Intra Day Chart Analysis
(03-Oct-2025)
Nifty-Intra Day Chart (03-Oct-2025):-
Technical Patterns formation in today intraday charts
1- Upward moves after negative opening.
2- More than 4 hours consolidation between 24773-24850
3- Sharp up in last hour
4- Whole day trading between 24748-24904
Conclusions from intra day chart analysis
Although firstly upward moves after negative opening but after that more than 4 hours consolidation between 24773-24850 therefore sharp upward moves were seen in last hour. As good intraday consolidation last Friday and intraday selling patterns were not seen therefore more upward moves are expected towards next resistances in the beginning of next week.
Conclusions (After putting
all studies together)
1- Very Short Term Trend is at Stake
2- Short Term Trend is at Stake.
3- Intermediate Term Trend is at Stake.
4- Long Term Trend is Up.
Although 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 and Short Term correction started from this level 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 since then. As these Short Term corrections and Pull Back rallies have been seen 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 correction completion.
As Very Short Term to Intermediate Term Trends are at stake and finally sustaining beyond 24726-24944 will confirm these Trends formations and that side next decisive moves beginning hence it should be firstly watched in the coming week/weeks for its confirmations.
Although Short Term indicator MACD is showing downward moves beginning possibility but another Short Term indicator Stochastic and last Friday intraday charts are clearly suggesting upward moves beginning possibility therefore firstly upward moves are expected towards following next resistances in the beginning of next week and finally sustaining beyond 24726-24944 will confirm Very Short Term to Intermediate Term Trends:-
1- 24981-25049
2- 25113-25142
3- 25271-25331
4- 25408-25448
Next Supports below last Friday ckosing are as follows:-
1- 24773-24850
2- 24602-242679
3- 24550-24618
4- 24356-24462(Strong supports)
