Sustaining beyond last 30 sessions trading range(24379-25222) will be finally

 according to escalation or de-escalation

 of Israel and Iran war

Technical Analysis,Research & Weekly

 Outlook(Jun 23 to Jun 27,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (20-Jun-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-(i) of Wave-3 completion at 20222.45 on 15-09-2023 and Wave-A of "ABC" correction beginning.

5- Wave-A of Wave-(ii) of Wave-3 completion at 19333.60 on 04-10-2023.

6- Wave-B of Wave-(ii) of Wave-3 completion at 19849.80 on 17-10-2023.  

7- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

8- 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.

9- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

10- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

11- 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.

12-  Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25222.40 on 11-06-2025.

13- Last 30 sessions trading between 24379-25222.

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-1 of new Waves structure started from 15183.40 on 17-06-2022 after Corrective Wave-C of "ABC correction" of previous waves structure completion at this level. 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-(i) of Wave-3 started from this level.

Impulsive Wave-(i) of Wave-3 completed at 20222.40 on 15-09-2023 and from this level corrective Wave-A of "ABC" correction of Wave-(ii) of Wave-3 begun which completed at 19333.60 on 04-10-2023. Wave-B started from this level which completed at 19849.80 on 17-10-2023 and Wave-C begun which completed at 18837.80 on 26-10-2023. Impulsive Wave-(iii) of 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-(iv) of Wave-3 begun from this level.

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 started from this levels which completed at 24857.80 on 05-12-2024. From this levels corrective Wave-C of Wave-(iv) of Wave-3 begun which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 started from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at at 25222.40 on 11-06-2025 and no confirmation of its completion yet on EOD charts. Last 30 sessions trading between 24379-25222 and finally sustaining beyond this range will confirm next trend formations as well as that side bigger decisive moves beginning will be seen after valid break out of such 30 sessions like bigger trading range break out confirmations.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (20-Jun-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over bought zone.

2- Stochastic:- %K(5)- 68.10 & %D(3)- 58.41.

3- In MACD- Its both MACD line and Average line are kissing in positive zone.

4- MACD(26,12)- 87.06 & EXP(9)- 70.47 & Divergence- 16.59

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 upward and its both lines are rising towards Over bought zone therefore it will be understood that at present this indicator is signalling more upward moves possibility in the coming week.

2- As in MACD indicator its both MACD line and Average line are kissing in positive zone therefore it will be understood that at present this indicator is not showing any side decisive moves beginning signal. Let any side clear intersection happen then that side decisive moves will be seen after that side Short Term trend formation confirmations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (20-Jun-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24903(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24863(Short Term Trend decider) 

3- 55-Day SMA is today at 24334(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23726

5- 200-Day SMA is today at 24077(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty is hovering near about Very Short Term and Short Term Trends decider 5-Day and 21-Day SMAs for the last 23 sessions therefore these 2 Trends at stake. Nifty is trading well above Intermediate Term and Long Term Trends deciding 55-Day and 200-Day SMAs for the last more than 2 months therefore these 2 Trends are up.

Nifty-Intra Day Chart Analysis

(20-Jun-2025)

Nifty-Intra Day Chart (20-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Consolidation between 24814-24890

2- Sharp up

3- Consolidation between 24965-25062

4- Sharp up

5- Whole day trading between 24784-25136

Conclusions from intra day

chart analysis 

Although negative zone opening but lower levels consolidation developed therefore sharp upward moves were seen after that. As again more than 4 hours follow up consolidation therefore sharp upward moves developed in last hour also.

As only intraday consolidation patterns formations last Friday therefore more upward moves are expected in the beginning of next week. 

Conclusions

(After putting all studies together)

1- Short Term Trend is at stake.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

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 that Waves structure started,its impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024. From this level corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction begun of which Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 started from this leveL. Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25222.40 on 11-06-2025 and no confirmation of its completion yet on EOD charts also but last 30 sessions like larger period trading between 24379-25222 and finally sustaining it beyond should be watched in the coming week/weeks for next one sided bigger moves beginning confirmations after that side next Trend formation.

Averages are suggesting that Very Short Term and Short Term Trends at stake but Intermediate Term and Long Term Trends are up therefore if finally Nifty will be able to sustain above last 30 sessions range highest(25222) then impulsive Wave-(v) of Wave-3 may test and move above life time top at 26277.30. 

Although at present Short Term indicator MACD is not signalling any side decisive moves beginning possibility but another Short Term indicator Stochastic is indicating last Friday started upward moves continuation possibility in the coming week and good intraday consolidation was seen last Friday also therefore firstly sustaining beyond following next resistances of last 30 sessions trading range should be watched in the coming week for next decisive moves beginning confirmations.

1-25131-25148

2-25202-25222

Donald Trump has proved that he is the most unpredictable person in this World and taken a U-Turn after White House announcement that US will directly attack or not on Iran, it will be decided within 2 weeks. All the Global Financial Markets reacted on this decision in their own manner. Most Commodities markets were down and Stock markets were up last Friday according to the implications of his this decision on Israel and Iran war. 

Although Israel and Iran war situations are changing on daily basis and Stock Markets will react on it accordingly also but it is confirm that finally sustaining beyond or forceful break out/down of last 30 sessions trading range will confirm next one side bigger moves beginning. As next one sided bigger moves will be according to war escalation or de-escalation situation therefore finally last 30 sessions trading range(24379-25222) should be watched for its beginning confirmations and till then Nifty will remain sideways within this range. 

Trump U-Turn & Global Financial

 markets reactions

Post-open Outlook(20-06-2025)

As Trump took a U-Turn and told that he’ll decide whether US will directly attack Iran within 2 weeks therefore it was understood that there is no immediate risk of Israel and Iran war escalation and resultant all the financial markets are reacting on it in following manner:-

1- Commodities markets are down

A- Gold is trading 0.74% down

B- Silver is trading 1.85% down

C- Crude is trading 1.30% down 

2- All the Asian Stock markets are up.

Indian markets are also up on this news and if Trump will not take new U-Turn again from today stand then upward moves will be seen in the coming week also.

Downward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(20-06-2025)

Nifty-Intra Day Chart (19-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Selling between 24803-24840

2- Whole day trading between 24734-24863

Conclusions from intra day chart analysis 

Although Nifty slipped 73 points in first 7 minutes but after that Nifty recovered from lower levels and traded 51 points up in next half hour after moving up 124 points. As good selling developed at intraday higher levels therefore downward moves started in last hour and Nifty closed in Red also hence more downward moves are expected in the coming session. 

Watch 24800 after Donald Trump

 entry in Israel-Iran war

Post-open Outlook(19-06-2025)

Downward moves were expected below yesterday lowest(24751) and it was seen also in first 5 minutes after today lowest formations at 24738.10 but could not sustain and moved above as well as now trading near about 24800. As 24800 is a psychological level also therefore firstly sustaining it beyond should be watched for next intraday decisive moves beginning confirmations because big uncertainty developed after Donald Trump many statements regarding Israel-Iran war.

Downward moves expectations below day's lowest 

Nifty-Intra Day Chart Analysis &

Market Outlook(19-06-2025)

Nifty-Intra Day Chart (18-Jun-2025):-

Technical Patterns formation in today intraday charts

1- More than 150 points upward moves after 65 points weaker opening

2- Downward moves with upward corrections

3- Selling between 24751-24833

4- Whole day trading between 24751-24947

Conclusions from intra day chart analysis 

Although firstly more than 150 points upward moves after 65 points weaker opening but after that almost 2 hours downward moves with upward corrections and more than 3 hours selling between 24751-24833 also therefore downward moves are expected below day's lowest(24751) in the coming sessions.

Sustaining below 24814 will mean

 correction continuation towards

 last 27 sessions lowest(243790)

Nifty-Intra Day Chart Analysis &

Market Outlook(18-06-2025)

Nifty-Intra Day Chart (17-Jun-2025):-

Technical Patterns formation in today intraday charts

1- 112 Points fall in first 12 minutes after

2- Whole day sideways trading with selling indications between 24814-24916

3- Whole day trading between 24814-24982

Conclusions from intra day chart analysis 

Although positive opening but immediately 112 Points fall in first 12 minutes and after that whole day sideways trading with selling indications between 24814-24916 therefore once sustaining below today lowest after fresh selling will mean correction continuation towards last 27 sessions lowest(243790).

As out of station therefore unable to post 

today(17-06-2025) Outlook. 

Firstly watch Crucial Levels & Supports

 one by one for next Trends formations

 after Israel-Iran war escalation possibility

Technical Analysis,Research & Weekly

 Outlook(Jun 16 to Jun 20,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (13-Jun-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 25222.40 on 11-06-2025.

7- Last 25 sessions trading between 24379-25222.

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-(iii) of Wave-3 which begun after corrective Wave-C of "ABC" correction completion at 18837.80 on 26-10-2023 was completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-(iv) of Wave-3 started from this level. 

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 begun from this levels which completed at 24857.80 on 05-12-2024. From this levels corrective Wave-C of Wave-(iv) of Wave-3 started which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 begun from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25222.40 on 11-06-2025 and no confirmation of its completion yet on EOD charts. Last 25 sessions trading between 24379-25222 and finally sustaining beyond this range will confirm next bigger decisive moves beginning.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (13-Jun-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 from Over bought zone.

2- Stochastic:- %K(5)- 52.94 & %D(3)- 70.50.

3- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.

4- MACD(26,12)- 41.96 & EXP(9)- 60.96 & Divergence- -19.00

Conclusions from EOD chart analysis (Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic its %K(5) line has intersected %D(3) line downward and its both lines are  falling from Over bought zone therefore it will be understood that at present this indicator is suggesting 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 positive zone therefore it will be understood that this indicator is confirming downward trend formations and resultant on going downward moves continuation possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (13-Jun-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24991(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24841(Short Term Trend decider) 

3- 55-Day SMA is today at 24214(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23640 

5- 200-Day SMA is today at 24082(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed well below Very Short Term and Short Term Trends deciding 5-Day and 21-Day SMAs last Friday therefore these 2 Trends are definitely down. In the same manner Nifty is well above Intermediate Term and Long Term Trends deciding 55-Day and 200-Day SMAs for the last more than 2 months therefore these 2 Trends are clearly up.

Nifty-Intra Day Chart Analysis &

Market Outlook(01-06-2025)

Nifty-Intra Day Chart (13-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves with downward corrections

2- Upward moves in Bearish Rising Channel

3- Selling between 24703-24754 

4- Whole day trading between 24473-24754

Conclusions from intra day

chart analysis 

As Israel attacked on Iran and its Nuclear installations also on last Thursday night therefore at the opening time of Indian Stock markets Dow Jones futures was more than 600 points and all Asian markets were also trading in negative zone as well as some were more then 1% down therefore sentiment was completely depressed last Friday morning and Nifty opened 415 points down. Although gap down and such weaker opening but immediately upward moves started which remained continued till last hours and Nifty cloed near the the highest of the day therefore Green Marubozu candlestick formations was seen last Friday. As firstly consolidation pattern of "Upward moves with downward corrections" formation and same pattern was seen in Mid-Session also therefore upward moves remained continued despite distribution pattern of "Upward moves in Bearish Rising Channel" formations also. Higher levels good selling was also seen between 24703-24754 therefore firstly downward moves are expected towards last Friday lowest(24473) in the beginning of next week.

Conclusions (After putting

all studies together)

1- Short Term Trend is down.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

Impulsive Wave-1 of new Waves structure which started from 15183.40 on 17-06-2022 after corrective Wave-C of "ABC correction" of previous waves structure completion at this level is now in continuation through its impulsive Wave-(v) of Wave-3 which begun from 21743.70 on 07-04-2025 and now in continuation with its recent top formations at  25222.40 on 11-06-2025. Although no confirmation of Wave-(v) of Wave-3 completion yet on EOD charts but Nifty is trading between 24379-25222 for the last 25 sessions and finally sustaining beyond this range will confirm its continuation/completion.

Although Intermediate Term and Long Term Trends are now up but Short Term indicators are signalling downward moves continuation possibility and higher levels intraday selling was seen last Friday as well as Israel-Iran war escalation possibility also therefore firstly following crucial levels should be watched one by one for next Trends formations and accordingly that side bigger moves beginning confirmations:-

1- Last 25 sessions trading range(24379-25222) lowest at 24379.

2- Intermediate Term Trend decider 55-Day SMA which is today at 24214

3- Long Term Trend decider 200-Day SMA which is today at 24082

As Middle-East war situation escalates to extreme and correction begins below 24082 as well as Long Term Trend turns down then following next Supports will be watched one by one for next immediate moves beginning confirmations.:-

1- 23967-24058

2- 23873-23903(Gap Support)

3- 23785-23866

4- 23476-23529

5- 23354-23445

6- 23266-23346

7- 22924-23207(Gap Support)

8- 22770-22795 

9- 22469-22695(Gap supports)

10- 22271-22424

11- 22254-22270(Gap supports)

12- 21987-22142(Strong supports)

13- 21825-21975

14- 21502-21582

15- 21417-21500

Firstly watch 24379 after Israeli

 attack on Iran's Nuclear sites

Pre-open Outlook(13-06-2025)

As Israel declared a special state of emergency following an Israeli attack on Iran and its Nuclear sites also therefore Dow Jones futures has fallen more than 600 points and all the Asian markets are also now trading in negative zone as well as some are more then 1% down therefore sentiment is completely depressed today morning and resultant deep Red opening on Indian Stock Markets will be seen today.

It is clear that war situation has been worsen in Middle-East Asia and and no one knows that up to which extent it will go. As all the near supports will not work in such critical situations therefore firstly watch sustaining beyond previous 20 sessions trading range(24379-25116) lowest at 24379 for next bigger moves beginning confirmation.

Watch 24826-25915  for next intraday

 decisive moves beginning confirmations

Nifty-Intra Day Chart Analysis &

Market Outlook(13-06-2025)

Nifty-Intra Day Chart (12-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Firstly 54 Points up after positive opening

2- Sharp fall

3- More than 3 hours selling in Mid-Session between 25021-25130

4- Sharp fall 

5- Sideways trading in last 2 hours between 24826-25915

6- Whole day trading between 24826-25196

Conclusions from intra day chart analysis 

As lower levels consolidation developed yesterday therefore firstly 54 Points upward moves were seen after positive opening but Global cures were bearish therefore could not sustain at intraday higher levels and sharp fall was seen. More than 3 hours fresh selling in Mid-Session and Dow Jones Futures was also trading more than 200 points down as well as almost all the Asian Markets were also weak therefore again sharp fall developed in Mid-Session. As sideways trading in last 2 hours between 24826-25915 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations because Very Short Term indicators have turned Oversold after 396 points fall in last 2 sessions from last 2 sessions higher levels.

Watch sustaining beyond 25202-25222 after today highest formations at 25196

Post-open Outlook(12-06-2025)

Although Dow Jones Futures is now trading 136 points down and some Asian markets are also more than 0.50% down therefore sentiment is little Bearish today morning but Nifty is continuously trading in Green zone.  

Lower levels consolidation was seen between 25082-25156 yesterday and Nifty is trading now above 25190. As selling was seen between 25202-25222 yesterday and this range is immediate resistance of Nifty therefore firstly sustaining it beyond should be watched today for next intraday decisive moves beginning confirmations because Global cues are not supportive today.

 Upward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(12-06-2025)

Nifty-Intra Day Chart (11-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Up moves with downward corrections

2- Selling between 25202-25222

3- Sharp fall

4- Consolidation between 25082-25156

5- Whole day trading between 25082-25222

Conclusions from intra day chart analysis 

Although firstly downward moves after little positive opening but after that up moves were seen with downward corrections therefore Nifty traded more than 100 points up also in first 3 hours. As higher levels selling was seen between 25202-25222 therefore sharp fall was also seen in Mid-session. As intraday lower levels again consolidation developed therefore upward moves are expected in the coming sessions.

As out of station therefore unable to post 

today(11-06-2025) Outlook. 

Sustaining above 25118 will mean

 fresh upward moves towards/above

 all time top(26277.30)

Nifty-Intra Day Chart Analysis &

Market Outlook(10-06-2025)

Nifty-Intra Day Chart (09-Jun-2025):-

Technical Patterns formation in today intraday charts

1- 82 Points fall in first hour after 130 points gap up opening

2- 63 Points up moves with downward corrections.

3- Down moves in Bullish Falling Channel

4- Last 3 hours trading with some volatility between 25092-25118

5- Whole day trading between 25078-25160

Conclusions from intra day chart analysis 

Although firstly 82 points fall in first hour after 130 points gap up opening but after that 63 Points up moves were with downward corrections and after that Down moves were seen in Bullish Falling Channel also therefore it will be understood that consolidation patterns developed in first 3 hours. 

As last 3 hours trading was with some volatility between 25092-25114 therefore firstly sustaining beyond this range should be watched in the coming sessions for next decisive moves beginning confirmations amid upward moves expectations because consolidation patterns were seen in first 3 hours. It should also be kept in mind that once sustaining above 25118 will mean fresh upward moves beginning towards/above all time top(26277.30) after previous 20 sessions trading range(24379-25116) break out confirmations.

Technically prepared for bigger upward

 moves beginning but watch levels

 also after Ukraine & Russia

 war escalation risk

Technical Analysis,Research & Weekly

Outlook(Jun 09 to Jun 13,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (06-Jun-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-(i) of Wave-3 completion at 20222.45 on 15-09-2023 and Wave-A of "ABC" correction beginning.

5- Wave-A of Wave-(ii) of Wave-3 completion at 19333.60 on 04-10-2023.

6- Wave-B of Wave-(ii) of Wave-3 completion at 19849.80 on 17-10-2023.  

7- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

8- 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.

9- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

10- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

11- 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.

12- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25116.30 on 15-05-2025.

13- Last 20 sessions trading between 24379-25116.

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. 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-(i) of Wave-3 begun from this level.

Impulsive Wave-(i) of Wave-3 completed at 20222.40 on 15-09-2023 and from this level corrective Wave-A of "ABC" correction of Wave-(ii) of Wave-3 started which completed at 19333.60 on 04-10-2023. Wave-B begun from this level which completed at 19849.80 on 17-10-2023 and Wave-C started which completed at 18837.80 on 26-10-2023. Impulsive Wave-(iii) of 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 Wave-(iv) of Wave-3 started from this level.

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 begun from this levels which completed at 24857.80 on 05-12-2024. From this levels corrective Wave-C of Wave-(iv) of Wave-3 started which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 begun from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25116.30 on 15-05-2025 and no confirmation of its completion yet on EOD charts. Last 20 sessions trading between 24379-25116 and finally sustaining beyond this range will confirm next bigger decisive moves beginning.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (06-Jun-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising from Over sold zone.

2- Stochastic:- %K(5)- 62.59 & %D(3)- 40.77.

3- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.

4- MACD(26,12)- 45.52 & EXP(9)- 165.49 & Divergence- -119.97

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic its %K(5) line has intersected %D(3) line upward and its both lines are rising from Over sold zone therefore it will be understood that fresh upward moves have been started after Short Term correction completion and more upward moves will be seen in the coming week.

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 this indicator is confirming downward trend formations and resultant downward moves beginning possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (06-Jun-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24798(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24760(Short Term Trend decider) 

3- 55-Day SMA is today at 24030(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23552

5- 200-Day SMA is today at 24076(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

AS Nifty is trading for the last 20 sessions between 24379-25116 therefore Nifty is hovering around Very Short Term and Short Term Trends deciding 5-Day and 21-Day SMAs for the last few sessions but closed well above these 2 Averages also last Friday hence both these 2 Averages will be understood up. Nifty is trading well above Intermediate Term and Long Term Trends deciding 55-Day and 200-Day SMAs for the last 2 months therefore these 2 Trends are clearly up.

Nifty-Intra Day Chart Analysis

(06-Jun-2025)

Nifty-Intra Day Chart (06-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Pre Credit Policy downward moves after flat opening

2- Volatility after Credit Policy beginning between 24672-24820

3- Sharp upward moves during Credit Policy announcements

4- More than 4 hours sideways trading between 24955-25029

5- Whole day trading between 24672-25029

Conclusions from intra day chart analysis

Although firstly Pre Credit Policy downward moves after flat opening last Friday but volatility was seen  between 24672-24820 after Credit Policy announcements beginning. As soon as 1% CRR cut news was announced by RBI Governor then sharp upward moves begun and remained continued during Credit Policy announcements. AS more than 4 hours sideways trading near the intraday higher levels between 24955-25029 therefore firstly sustaining beyond this range should be watched in the beginning of next week because following 2 previous resistances are lying within and below this last 4 hours trading range:-

1- 24974-25017

2- 25028-25079

Conclusions (After putting

all studies together)

1- Short Term Trend is up.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

Impulsive Wave-1 of that Waves structure which begun from 15183.40 on 17-06-2022 is now in continuation through its impulsive Wave-(v) of Wave-3 with recent top formations at 25116.30 on 15-05-2025. Impulsive Wave-(iii) of Wave-3 completed after 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 started from this level. Its corrective Wave-C of Wave-(iv) of Wave-3 completed at 21743.70 on 07-04-2025 and from this level Wave-(v) of Wave-3 begun which is now continuation as well as no confirmation of its completion yet on EOD charts.

Averages are confirming that all the Trends are up and Short Term indicator Stochastic is signalling more upward moves possibility in the next week. Although another Short Term indicators MACD is confirming downward Trend formations and downward moves beginning possibility also but its both lines are now in positive zone and many times MACD generates signals little later also therefore until Stochastic will not confirm fresh downward moves beginning possibility till then upward moves continuation will be seen. 

As last 20 sessions like bigger range trading between 24379-25116 and finally sustaining beyond this range will confirm next bigger moves also therefore sustaining beyond this range should be watched in the coming week/weeks for these bigger moves beginning confirmations. Nifty closed near the higher levels of this range last Friday therefore firstly sustaining beyond above mentioned 2 resistances should be watched in the coming week.

Ukraine and Russia war escalation is reaching at extreme risky position after Ukraine’s drone attack on Russian air bases and damaging over 40 aircraft parked near air bases across Russia last Sunday therefore remain cautious until its picture clears completely. If fresh selling starts and Nifty sustains below 24955 then firstly following supports within last 20 sessions range(24379-25116) should be watched one by one for next decisive moves beginning confirmations:-

1- 24686-24764

2- 24509-24595

Although Indian markets are technically prepared for next bigger upward moves beginning but Ukraine and Russia war escalation risk increased therefore firstly sustaining beyond Last 20 sessions trading range(24379-25116) should be watched for next bigger decisive moves beginning confirmations.

Upward moves expectations towards

today highest

Nifty-Intra Day Chart Analysis & Market

Outlook(06-06-2025)

Nifty-Intra Day Chart (05-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Sharp up in first hour

2- Consolidation between 24686-24764

3- Sharp up in Mid-Session

4- Down moves in Bullish Falling Channel

5- Consolidation between 24696-24776

6- Whole day trading between 24613-24899

Conclusions from intra day chart analysis 

As good intraday consolidation yesterday therefore firstly sharp upward moves were seen from lower levels in first hour and after that almost 2 hours fresh consolidation hence again sharp upward moves developed in Mid-Session. Although more than 200 points downward moves in Mid-Session but were in Bullish Falling Channel and after that almost 2 hours fresh consolidation in last hours therefore upward moves are expected towards today highest(24899) and finally sustaining it beyond should be watched for the next intraday decisive moves beginning confirmations.

Upward moves are expectations

 towards 24700

Nifty-Intra Day Chart Analysis &

Market Outlook(05-06-2025)

Nifty-Intra Day Chart (04-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Down moves after positive opening

2- Lower levels down moves in Bullish Falling Channel

3- More than 5 hours up moves with downward corrections

4- Whole day trading between 24531-24644

Conclusions from intra day chart analysis 

Although firstly down moves after positive opening but lower levels down moves were in Bullish Falling Channel which is a consolidation pattern and and after that more than 5 hours up moves were with downward corrections and it is also a consolidation pattern therefore upward moves are expected towards 24700 and finally sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

Sustaining beyond 24503-24761 will confirm next intraday decisive moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(04-06-2025)

Nifty-Intra Day Chart (03-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Volatility in first 15 minutes firstly 128 Points up in first minute after gap up opening and after that 236 Points fall between 24609-24845

2- 6 Hours trading with volatility and Mixed Patterns formation between 24503-24761

3- Whole day trading between 24503-24845

Conclusions from intra day chart analysis 

Although firstly 128 Points up in first minute after gap up opening but after that 236 Points sharp fall was also seen in 15 minutes and in this manner volatility developed in first 15 minutes between 24609-24845. As last  6 Hours trading was also with volatility and Mixed Patterns formation between 24503-24761 and one sided intraday patterns were not seen whole day therefore firstly sustaining beyond 24503-24761 should be watched tomorrow for next intraday decisive moves beginning confirmations.

 Upward moves expectations towards

 next resistances

Nifty-Intra Day Chart Analysis & Market 

Outlook(03-06-2025)

Nifty-Intra Day Chart (02-Jun-2025):-

Technical Patterns formation in today intraday charts

1- Sharp fall and 224 points down in first 5 minutes after weaker opening.

2- Up moves with downward corrections

3- Consolidation in last 3 hours between 24661-24754

4- Whole day trading between 24527-24754

Conclusions from intra day chart analysis 

Although firstly 224 points downward moves after sharp fall in first 5 minutes and weaker opening but after that up moves started with downward corrections which is a consolidation pattern and finally consolidation was seen in last 3 hours between 24661-24754 near intraday higher levels therefore upward moves are expected next resistances( 24976-25083) in the coming session. 

Bullish Indian Stock markets &

 24379-25116 will confirm the

 life & length of on going 

 Short Term Correction

Technical Analysis,Research & Weekly 

Outlook(Jun 02 to Jun 06,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (30-May-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 25116.30 on 15-05-2025.

7- Last 15 sessions trading between 24379-25116.

Conclusions from EOD chart analysis

(Waves structure)

Wave-C of "ABC" correction completed at 18837.80 on 26-10-2023 and from this level impulsive Wave-(iii) of Wave-3 started which completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-(iv) of Wave-3 begun from this level. 

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 started from this levels which completed at 24857.80 on 05-12-2024. From this levels corrective Wave-C of Wave-(iv) of Wave-3 begun which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 begun from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25116.30 on 15-05-2025 and no confirmation of its completion yet on EOD charts. Last 15 sessions trading between 24379-25116 and finally sustaining beyond this range will confirm next bigger decisive moves beginning.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (30-May-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)- 37.50 & %D(3)- 51.01.

3- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.

4- MACD(26,12)- 158.09 & EXP(9)- 287.01 & Divergence- -128.92

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic 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 signalling some more downward moves possibility and/or on going Short Term correction 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 positive zone therefore it will be understood that this indicator is signalling downward trend formations and resultant downward moves beginning possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (30-May-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24797(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24676(Short Term Trend decider) 

3- 55-Day SMA is today at 23825(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23502

5- 200-Day SMA is today at 24065(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty is sustaining above Intermediate and Long Term Trend deciders 55-Day and 200-Day SMAs respectively therefore both these Trends are definitely up. As Nifty is continuously hovering around Very Short Term Trend decider 5-Day SMA for the last many sessions and Nifty closed less than 100 points above Short Term Trend decider 21-Day SMA last Friday therefore firstly sustaining beyond 21-Day SMA should be watched in the coming week for its confirmations despite it is still up.

Nifty-Intra Day Chart Analysis

(30-May-2025)

Nifty-Intra Day Chart (30-May-2025):-

Technical Patterns formation in today intraday charts

1- 94 points up also in first 18 minutes

2- Down moves in Bullish Falling Channel

3- More than 4 hours sideways trading with consolidation patterns indications  between 24718-24800

4- Whole day trading between 24718-24863

Conclusions from intra day

chart analysis 

Although firstly upward moves after positive opening and Nifty traded 94 points up also in first 18 minutes but down moves begun which remained continued in the next hour and Nifty traded 116 points down also after loosing all initial gains. As these downward moves were in Bullish Falling Channel and after that last more than 4 hours sideways trading was with consolidation patterns indications also therefore upward moves are expected in the beginning of next week and once sustaining above 24800 will mean strong rally beginning. 

Conclusions (After putting

all studies together)

1- Short Term Trend is up.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

Impulsive Wave-(iii) of Wave-3 of that Waves structure completed  at 26277.30 on 27-09-2024 of which impulsive Wave-1 of new Waves structure begun from 15183.40 on 17-06-2022. Wave-A of Wave-(iv) of Wave-3 of "ABC" correction started from this levels and its Wave-C completed at 21743.70 on 07-04-2025. Impulsive Wave-(v) of Wave-3 begun from this level which is now in continuation with recent top formations at 25116.30 on 15-05-2025 and no confirmation of its completion yet on EOD charts as well as Nifty is trading between 24379-25116 for the last 15 sessions.

SMAs are suggesting that all the Trends are now up but for precaution sustaining beyond Short Term Trend decider 21-Day SMA(today at 24676) should be watched in the coming week for its confirmations. As last 15 sessions trading between 24379-25116 therefore Short Term indicators Stochastic and MACD are signalling downward moves possibility but many times Bullish Stock Markets completes its Short Term Corrections within sideways trading also therefore firstly sustaining beyond last 15 sessions trading range(24379-25116) should be watched in the coming week/weeks for the life and length of on going Short Term correction.

Although Indian Stock markets are Bullish and impulsive Wave-(v) of Wave-3 is now in continuation for fresh upward moves above life time top(26277.30) but at present Short Term Corrections is on within sideways market also between 24379-25116 for the last 15 sessions and finally sustaining it beyond will confirm its life and length therefore firstly sustaining beyond following levels,supports and resistances of last 15 sessions trading range should be watched in the coming week/weeks for next immediate decisive moves beginning confirmations:-

1- Last 3 sessions sideways trading range(24715-24804). 

2- Supports between 24518-24647.

3- Resistances between 24976-25083.

 Watch 24678-24892 after weaker

 Asian markets today morning

Post-open Outlook(30-05-2025)

As most Asian markets are trading in Red and some are more than 1% down also therefore sentiment has turned nervous today morning hence Nifty is hovering near about yesterday closing since opening today. Certainly good intraday consolidation was seen between 24678-24770 yesterday and until Nifty will not sustain below it after complete intraday selling patterns formations till then decisive downward moves will not be seen and once sustaining above yesterday highest(24892) will mean strong rally beginning therefore finally sustaining beyond 24678-24892 should be watched for next bigger moves beginning confirmations.