Rally continuation amid only 

a Short Term Correction possibility

Technical Analysis,Research & Weekly

Outlook(Sep 22 to Sep 26,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (19-Sep-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 completion with recent bottom formations at 24337.70 on 08-08-2025. 

8- Pull Back Rally continuation with recent top formations at 25428.75 on 19-09-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-(iii) of Wave-3 started 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 begun. 

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 started  which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 begun which completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 begun from this level. 

Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction started from this level which completed at 24337.70 on 08-08-2025. A strong Pull Back Rally begun from this levels which is now in continuation with its recent top formations at 25428.75 on 19-09-2025 and no confirmation of its completion yet on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (19-Sep-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- Its both lines %K(5) and %D(3) are kissing in Over bought zone.

2- Stochastic:- %K(5)- 86.51 & %D(3)- 90.11.

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

4- MACD(26,12)- 233.87 & EXP(9)- 97.42 & Divergence- 136.45

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its both lines %K(5) and %D(3) are kissing in Over bought zone therefore it will be understood that at present this indicator is not showing any side decisive moves beginning possibility. Let its both lines to move below Over bought zone after %K(5) line downward intersection then decisive downward moves will be 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 now confirming Short Term Upward Trend formations and resultant on going upward moves will remain continued in the coming weeek/weeks also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (19-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25277(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24908(Short Term Trend decider) 

3- 55-Day SMA is today at 24937(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24901

5- 200-Day SMA is today at 24151(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed well above all the averages last Friday therefore all the Trends are up now. It has also been seen that Nifty closed above Intermediate Term Trend decider 55-Day SMA continuously for the last 8 sessions therefore Intermediate Term Trend has turned up now and it is strong indication of on going rally continuation in the coming week/weeks because Long Term Trend is already up for the last more than 4 months.

Nifty-Last 2 Sessions intraday

charts analysis

Nifty-Intra Day Chart (Sep 18 & Sep 19,2025):-

Technical Patterns formation in last 2 Sessions intraday charts

1- More than 3 hours selling between 25408-25448 on 18-09-2025.(Immediate resistance)

2- Downward moves on 18-09-2025.

3- Almost 2 hours consolidation between 25337-25378 on 18-09-2025.

4- Sharp up in last hour on 18-09-2025. 

5- 105 Points down in first 5 minutes after flat opening on 19-09-2025.

6- Almost 6 hours sideways trading between 25287-25359 

7- Last 2 Sessions trading between 25287-25448

Conclusions from 2 Sessions

intra day chart analysis 

As more than 3 hours selling between 25408-25448 on 18-09-2025 and lower levels consolidation was also seen same day therefore sharp upward moves developed in last hour that day. Although Nifty closed near the higher levels of the day on 18-09-2025 but higher levels good intraday selling was also seen therefore firstly 105 Points sharp downward moves developed in first 5 minutes after flat opening on 19-09-2025. 

Almost 6 hours sideways trading was seen between 25287-25359 on 19-09-2025 and whole day trading was with Mixed Patterns formation between 25330-25443 one day before on 18-09-2025 also therefore it will be understood that one sided clear intraday trading patterns could not developed in last 2 sessions between 25287-25448 hence expected that Nifty will firstly trade and prepare for next bigger moves within and near about this range in the beginning of next week. As finally sustaining beyond 25287-25448 will confirm next bigger moves beginning therefore it should also be firstly watched in the beginning of coming 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-(v) of Wave-3 of that Waves structure is in continuation with its recent top formation at 25669.30 on 30-06-2025 which started through Impulsive Wave-1 from 15183.40 on 17-06-2022 and 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 from this impulsive Wave-(v) of Wave-3 started which is now in continuation with its recent top formations at 25669.30 on 30-06-2025. Short Term correction which begun from this levels has been completed after its bottom formations at 24337.70 on 08-08-2025 and a strong Pull Back rally started from this levels which is now in continuation with its recent top formations at 25428.75 on 19-09-2025 and no indication of its completion yet on EOD and intraday charts.  

Although Short to Long Term Averages are now confirming that all the Trends have turned up and Short Term indicator MACD is also confirming it and on going upward moves will remain continued also but another Short Term indicator Stochastic is completely Over bought therefore Short Term correction beginning possibility can not be ruled out from any day in the coming weeek/weeks. 

As higher levels good intraday selling was seen on 18-09-2025 and clear one sided intraday trading patterns formations were could not develop in last 2 sessions intraday charts therefore it will be understood that last 2 sessions trading was with  Mixed Patterns formation between 25287-25448 and finally sustaining beyond this range will confirm on going Pull Back rally continuation immediately or after some more Short Term corrections.

It has also been seen that some times Short Term corrections complets within sideways trading range also therefore firstly sustaining beyond following levels and supports should be watched one by one for next upward moves beginning after Short Term correction completion:- 

1- Lowest of last 2 sessions trading range at 25287

2- 25262-25275(Gap Supports)

3- 25151-25183

4- 25066-25097

5- 25039-25061

Next resistances above last Friday closing and towards the top(25669.30) of impulsive Wave-(v) of Wave-3 are as follows:-

1- 25408-25448

2- 25465-25501

3- 25498-25587

Next resistances above the top(25669.30) of impulsive Wave-(v) of Wave-3 are as follows:-

1- 25670-25739(Gap Resistance)

2- 25783-25837

3- 25886-25912

4- 25949-26006

5- 26074-26111

6- 26135-26151(Gap Resistance)

7- 26191-26248

8- 26258-26277

 Finally sustaining beyond 25330-25443 will confirm next decisive moves beginning

Nifty-Intra Day Chart Analysis & Market

Outlook(19-09-2025)

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

Technical Patterns formation in today intraday charts

1- More than 3 hours selling between 25408-25448(Immediate resistance)

2- Down ward moves

3- Almost 2 hours consolidation between 25337-25378(Immediate support)

4- Sharp up

5- Whole day actual trading between 25330-25443

Conclusions from intra day chart analysis 

Although firstly some upward moves after gap up strong opening but more than 3 hours selling was seen between 25448-25448 therefore downward moves developed in Mid-Session. As lower levels almost 2 hours consolidation was also seen between 25337-25378 therefore sharp upward moves developed in last hour and Nifty closed near the higher levels of the day. 

As higher levels more selling patterns were seen today therefore firstly some downward moves are expected towards today consolidation range and also expected that Nifty will firstly trade and prepare tomorrow for next decisive moves within and near about today trading range(25330-25443). Finally sustaining beyond today trading range will confirm next decisive moves beginning hence it should be firstly watched tomorrow for confirmations.

On going rally continuation 

expectations towards 25669

Nifty-Intra Day Chart Analysis &

Market Outlook(18-09-2025)

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

Technical Patterns formation in today intraday charts

1- Whole day trading with consolidation Patterns formations between 25288-25342.

2- Whole day trading between 25276-25346.

Conclusions from intra day

chart analysis 

As whole day trading with consolidation Patterns formations between 25288-25342 after gap up opening and intraday selling patterns were not seen therefore on going rally continuation is expected towards the top of impulsive Wave-(v) of Wave-3 at 25669.30.

As busy therefore unable to post 

today(17-09-2025) Outlook. 

Sustaining beyond 25061-25130 will
 confirm next bigger moves beginning 

Nifty-Intra Day Chart Analysis & Market

Outlook(16-09-2025)

Nifty-Intra Day Chart (15-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Whole day trading with Mixed Patterns formation between 25061-25115

2- Whole day trading between 25049-25138

Conclusions from intra day

chart analysis 

Following lines were told on 13-09-2025 in "Watch Level one by one for next bigger moves beginning confirmations above life time top":-

As more than 4 hours trading was with Mixed Patterns formation between 25096-25130 therefore firstly sustaining beyond this range should be watched in the beginning of next week for first strong signal of that side decisive moves beginning.

An Nifty traded whole day today with Mixed Patterns formation between 25061-25115 which is within and just below last Friday Mixed Patterns trading range(25096-25130) therefore it will be understood that:-

1- Nifty last traded more than 10 hours with Mixed Patterns formation between 25061-25130.

2- Nifty is preparing for next bigger moves within this range.

Hence firstly sustaining beyond 25061-25130 should be watched in the coming sessions for next bigger moves beginning confirmations.

Watch Level one by one for next 

bigger moves beginning confirmations

 above life time top

Technical Analysis,Research & Weekly

Outlook(Sep 15 to Sep 19,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (12-Sep-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 25669.30 on 30-06-2025.

13- Short Term correction completion at 24337.70 on 08-08-2025. 

14- Pull Back Rally completion at 25153.70 on 21-08-2025.

15- Short Term correction completion at 24404.70 on 29-08-2025. 

16- Pull Back Rally continuation with recent top formations at 25139.45 on 12-09-2025. 

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 begun. 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 level 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 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this levels which completed at 24337.70 on 08-08-2025 and from this level a Pull Back Rally started which also completed after top formations at 25153.70 on 21-08-2025. Short Term correction begun from this levels which has also completed at 24404.70 on 29-08-2025 and from this level a Pull Back Rally started which is now in continuation with its recent top formations at 25139.45 on 12-09-2025 and no confirmation of its completion yet on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (12-Sep-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 within Over bought zone.

2- Stochastic:- %K(5)- 90.22 & %D(3)- 81.93.

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

4- MACD(26,12)- 71.92 & EXP(9)- 03.53 & Divergence- 68.39

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 within Over bought zone therefore it will be understood that this indicator is showing more upward moves possibility in the coming week. Let its both lines to start downward moves after %K(5) line downward intersection of %D(3) line then Short Term downward moves will be seen

2- As in MACD indicator its MACD line has intersected Average line upward and its both lines are rising in positive zone but its Average line is little above Zero line therefore it will be understood that MACD indicator has generated first strong signal of decisive upward moves beginning with upward Trend formations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (12-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24946(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24802(Short Term Trend decider) 

3- 55-Day SMA is today at 24961(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24850

5- 200-Day SMA is today at 24123(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

As Long Term Trend is already up since long and Nifty has closed above all the Averages also last Friday after last 11 sessions rally therefore if finally Nifty sustains above Intermediate Term Trend decider 55-Day SMA in the coming week/weeks then strong rally will be seen after all the Trends turning up confirmations.

Nifty-Intra Day Chart

Analysis(12-Sep-2025)

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

Technical Patterns formation in today intraday charts

1- Consolidation between 25039-25061(immediate supports)

2- Up moves with downward corrections

3- Sharp up

4- More than 4 hours trading with Mixed Patterns formation between 25096-25130

5- Whole day trading between 25039-25139

Conclusions from intra day

chart analysis 

Although firstly some downward moves after 37 points gap up opening but lower levels consolidation developed and after that upward moves were seen with downward corrections which is also a consolidation pattern therefore sharp upward moves developed after 11 AM. As more than 4 hours trading was with Mixed Patterns formation between 25096-25130 therefore firstly sustaining beyond this range should be watched in the beginning of next week for first strong signal of that side decisive moves beginning.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is up.

2- Short Term Trend is up.

3- Intermediate Term Trend is at stake.

4- Long Term Trend is up.

Impulsive Wave-1 of which Waves structure started from 15183.40 on 17-06-2022 after "ABC" correction of previous Waves structure completion at this level is now in continuation after its impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024. "ABC" correction of Wave-(iv) of Wave-3  begun from this level which completed at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 started from this level which is now in continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmations of its completion yet on EOD charts. Short Term correction begun from this level and since then 2 times Short Term correction had been seen with bottom formations at 24337.70 on 08-08-2025. Pull Back Rally has also been seen 2 times with top formations at 25153.70 on 21-08-2025. Now 2nd Pull Back Rally is in continuation with its recent top formations at 25139.45 on 12-09-2025 and no confirmations of its completion yet on EOD and intraday charts. 

Although Nifty has closed well above its Intermediate Term Trend decider 55-Day SMA last Friday but this trend is still at stake and firstly sustaining beyond 55-Day SMA should be watched in the coming week/weeks for next Intermediate Term Trend formations. If finally Intermediate Term Trend turns up then it will be strong indication of Impulsive Wave-(v) of Wave-3 corrections completion and fresh rally beginning towards and above it top at 25669.30. 

As Short Term indicator MACD has generated first strong signal of decisive upward moves beginning with upward Trend formations therefore more upward moves are expected but another Short Term indicator Stochastic is completely Over bought hence Short Term correction possibility also can not be ruled out. It has also been seen that many times Short Term corrections are completed within sideways trading range therefore firstly sustaining beyond following levels should be watched in the coming week/weeks for next decisive moves beginning confirmations:-

1- 25096-25130(Nifty traded more than 4 hours with Mixed Patterns formation within this range).

2- Intermediate Term Trend decider 55-Day SMA which is today at 24961. 

If during on going 11 sessions rally Nifty will be able to sustain above the top(25153.70) of 1st Pull Back Rally then fresh rally will be seen towards the top of Impulsive Wave-(v) of Wave-3 which is at 25669.30 and once sustaining above it will mean Impulsive Wave-(v) of Wave-3 continuation towards and above life time top at 26277.30. As above levels will finally confirm next bigger moves beginning hence should be watched one by one for next bigger moves beginning confirmations above life time top.

Sustaining beyond 24941-25037 will 

confirm next bigger moves beginning 

Nifty-Intra Day Chart Analysis &

Market Outlook(12-09-2025)

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

Technical Patterns formation in today intraday charts

1- Whole day sideways trading between 24957-25024.

2- Whole day trading between 24941-25037.

Conclusions from intra day chart analysis 

Resistances between 24969-25015 with following lines were told at 01:32 AM on 11-09-2025 in "Firstly watch resistances for next intraday decisive moves beginning confirmations":-

firstly sustaining beyond yesterday mentioned next resistances(24969-25015) should be watched tomorrow for next intraday decisive moves beginning confirmations

Resistances between 24969-25015 were posted in both previous Outlooks and Nifty whole day traded sideways today within and near about this range between 24957-25024 as well as closed within already mentioned resistance at 25005.50 today.

As Nifty most time traded today within already mentioned resistance range(24969-25015) and last 2 sessions closing was also within within this range therefore it will be understood that Nifty is preparing for next bigger moves within and near about this range hence firstly sustaining beyond today trading range(24941-25037) should be watched in the coming sessions for next bigger moves beginning confirmations. 

Firstly watch resistances for 

next intraday decisive moves

 beginning confirmations

Nifty-Intra Day Chart Analysis &

Market Outlook(11-09-2025)

Nifty-Intra Day Chart (10-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves after 99 points gap up opening

2- More than 4 hours downward moves 

3- Sharp up in last hour

4- Whole day trading between 24916-25035

Conclusions from intra day chart analysis 

Following lines were told at 01:44 AM on 10-09-2025 in "More upward moves expectations towards next resistances":-

1- more upward moves are expected towards next resistances(24969-25015)

2- firstly sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

As was told 100% same happened and:- 

1- Firstly upward moves were seen after 99 points gap up opening. 

2- Nifty traded 167 points up also. 

As resistances were lying between 24969-25015 therefore Nifty could not sustain above it and more than 4 hours downward moves were seen in Mid-Session. Although sharp upward moves were seen in last hour but:-

1- Nifty closed within yesterday mentioned next resistances(24969-25015). 

2- Nifty hovered around whole day these resistances.  

3- whole day one sided intraday patterns were not seen.

Therefore firstly sustaining beyond yesterday mentioned next resistances(24969-25015) should be watched tomorrow for next intraday decisive moves beginning confirmations

More upward moves expectations

 towards next resistances

Nifty-Intra Day Chart Analysis &

Market Outlook(10-09-2025)

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

Technical Patterns formation in today intraday charts

1- Downward moves after 90 points positive opening

2- Upward moves with downward corrections

3- Whole day trading between 24814-24891

Conclusions from intra day chart analysis 

Although firstly downward moves after 90 points positive opening but after that more than 4 hours  upward moves were with downward corrections which is a consolidation pattern therefore more upward moves are expected towards next resistances(24969-25015) and firstly sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

As busy therefore unable to post 

today(09-09-2025) Outlook. 

Watch Levels for next Bigger Moves

 beginning confirmations amid

 firstly Upward Moves expectations

Technical Analysis,Research & Weekly

Outlook(Sep 01 to Sep 05,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (01-Sep-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 bottom formations at 24337.70 on 08-08-2025. 

8- Pull Back Rally top formations at 25153.70 on 21-08-2025.

9- Short Term correction bottom formations at 24404.70 on 29-08-2025.

10- Pull Back Rally continuation with recent top formations at 24980.80 on 04-09-2025. 

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. 

Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction started from this level which completed at 24337.70 on 08-08-2025. A strong Pull Back Rally begun from this level which completed at 25153.70 on 21-08-2025 and Short Term correction started from this level which completed at 24404.70 on 29-08-2025. Again Pull Back Rally begun from this levels which is now in continuation with recent top formations at 24980.80 on 04-09-2025 and no confirmation of its completeion yet on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (01-Sep-2025):-

Technical Patterns and Formations in EOD charts

1- Last one month trading between 24337.70-25153.70

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

3- Stochastic:- %K(5)- 67.26 & %D(3)- 59.92.

4- In MACD- MACD line has intersected Average line downward and its both lines are moving flat near about Zero Line in positive and negative zone.

5- MACD(26,12)- -27.17 & EXP(9)- 54.31 & Divergence- -81.48

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 this indicator is showing more upward moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are moving flat near about Zero Line in positive and negative zone. therefore it will be understood that at present this indicator is not showing any side decisive moves beginning possibility. Let its both lines to start moves any side then that side decisive moves will be seen after that side short Term Trend formation confirmations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (01-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24616(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24696(Short Term Trend decider) 

3- 55-Day SMA is today at 24970(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24773

5- 200-Day SMA is today at 24086(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

Although Nifty opened above Intermediate Term Trend decider 55-Day SMA last Thursday after new GST rates announcements but could not sustain and moved down sharply as well as closed well below it same day therefore Intermediate Term Trend is clearly down. Nifty is trading well above Long Term Trend decider 200-Day SMA for the last more than 3 months therefore Long Term Trend is definitely up.

Nifty is hovering around Very Short and Short Term Trends deciders 5-Day and 21-Day SMAs for thr last few sessions therefore these 2 trends are now at stake. As Nifty is hovering around 100-Day SMA also for the last few sessions therefore sustaining it around should also be watched in the coming week/weeks because that will generate first strong signal of Long Term Trend turning up or down  according to Nifty sustaining around 100-Day SMA.

Nifty-Intra Day Chart Analysis

(05-Sep-2025)

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

Technical Patterns formation in today intraday charts

1- Selling between 24777-24832

2- Sharp fall and up

3- Down moves in Bullish Falling Channel 

4- Sharp up

5- Consolidation between 24723-24762

6- Whole day trading between 24622-24832

Conclusions from intra day chart analysis 

Although firstly upward moves after 94 points positive opening but selling developed and good intraday selling was seen in previous session also therefore firstly sharp fall and immediately after that some upward moves were seen. As after that more than 2 hours downward moves were seen in Bullish Falling Channel which is a consolidation pattern therefore 164 points sharp upward moves developed in Mid Session and more than one hour consolidation between 24723-24762 also in last hours therefore upward moves are expected above last Friday highest in the beginning of next week because most time intraday consolidation patterns were seen last Friday. 

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 down.

4- Long Term Trend is up.

Impulsive Wave-(v) of Wave-3 of that Waves structure is in continuation with its recent top formation at 25669.30 on 30-06-2025 which begun through Impulsive Wave-1 from 15183.40 on 17-06-2022 and 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 "ABC" correction started of which Wave-C completed at 21743.70 on 07-04-2025 and from this Impulsive Wave-(v) of Wave-3 begun which is now in continuation.

Short Term correction started from 25669.30 on 30-06-2025 which completed at 24337.70 on 08-08-2025 and since then 2 times Pull Back Rally and one time Short Term correction had been seen between 24337.70-25153.70(24338-25153) during last one month. As Nifty is preparing for next Trend formations and accordingly next bigger moves beginning within this range therefore sustaining beyond this range should be watched in the coming week/weeks for its confirmations. 

Very Short Term and Short Term Trends are at stake and finally sustaining beyond its deciders 5-Day and 21-Day SMAs will confirm its formations therefore firstly sustaining beyond these 2 Trends deciding averages should also be watched in the coming weeks for first signal of Intermediate Term Trend turning up or not which is now down.

Although Short Term indicator MACD is not is not showing clear signals but another Short Term indicator Stochastic is indicating upward moves possibility in the coming week and last Friday intraday charts are also showing good intraday consolidation patterns formations therefore firstly upward moves are expected in the beginning of next week. Finally sustaining beyond following levels should be also be watched in the coming weeks for Intermediate Term Trend formation confirmations because Nifty tested its decider 55-Day SMA last Thursday and next bigger moves beginning confirmations:-

1- 55-Day SMA which is today at 24970(For Intermediate Term Trend confirmations)

2- Last one month trading range 24338-25153(For next bigger moves beginning confirmations)

 Firstly watch 24709-24772 for 

next intraday decisive moves beginning 

after sharp fall today

Nifty-Intra Day Chart Analysis &

Market Outlook(05-09-2025)

Nifty-Intra Day Chart (04-09-2025):-

Technical Patterns formation in today intraday charts

1- 130 Points sharp fall in first 22 minutes after 243 points gap up opening.

2- Selling between 24887-24934

3- Sharp fall

4- Selling between 24806-24854

5- Support between 24709-24772

6- Whole day trading between 24709-24980

Conclusions from intra day chart analysis 

Following lines were told yesterday at 10:10 PM in "Upward moves towards next resistances":-

upward moves are expected in the coming sessions towards following next resistances:-

1- 24756-24833

2- 24969-25015

As was told 100% same happened and:-

265 Points upward moves were seen today towards already mentioned 2nd resistance range(24969-25015) with today highest formations within this range at 24980.75.

Although firstly 243 points gap up opening but resistances were lying between 24969-25015 therefore could not sustain within this range and 130 Points sharp fall was seen in first 22 minutes. 

As fresh selling developed after some up moves therefore again sharp fall was seen after that. More than 3 hours follow up selling developed also in Mid-Session therefore downward moves remained continued till last half hour. 

Although Nifty traded in Red also in last half hour after loosing all 265 points intraday gains before 19.25 positive closing but lower levels some supports were seen between 24709-24772 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations. 

Upward moves towards next resistances

Nifty-Intra Day Chart Analysis &

Market Outlook(04-09-2025)

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

Technical Patterns formation in today intraday charts

1- 83 Points sharp fall in first 5 minutes after positive opening.

2- Consolidation in 3 hours between 24550-24618

3- Upward moves with downward corrections in last 3 hours

4- Whole day trading between 24534-24737

Conclusions from intra day chart analysis 

Although firstly 83 Points sharp fall in first 5 minutes after positive opening but after that consolidation in 3 hours between 24550-24618 and after that upward moves with downward corrections in last 3 hours and intraday selling patterns were not seen therefore upward moves are expected in the coming sessions towards following next resistances:-

1- 24756-24833

2- 24969-25015

As busy therefore unable to post 

today(03-09-2025) Outlook. 

Next Rally after fresh consolidation

Nifty-Intra Day Chart Analysis &

Market Outlook(02-09-2025)

Nifty-Intra Day Chart (01-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 86 Points up in first minute after positive opening

2- More than 3 hours consolidation between 24506-24557

3- Up moves with downward corrections

4- Whole day trading between 24433-24635

Conclusions from intra day chart analysis 

Following lines were told in previous Outlook at 01:06 PM on 30-08-2025 in "Watch next resistances amid firstly Upward moves expectations":-

upward moves are expected towards last Friday 

highest(24572.45) in the beginning of next week.

As was told 100% same happened and 

Nifty closed today at 24625.05 after 

gaining 198.20 points.

Although Nifty closed near the lower levels of the day last Friday but more than last 2 hours downward moves were in Bullish Falling Channel which is a consolidation pattern and this pattern was seen in first hour also last Friday therefore firstly 86 Points upward moves were seen in first minute after positive opening today.

As more than 3 hours consolidation between 24506-24557 and after that Up moves with downward corrections which is also a consolidation pattern therefore finally upward moves are expected after some intraday corrections because due to following reasons fresh consolidations is required near about today highest for next decisive upward moves beginning because-

1- Next resistances are between 24648-24684 which is just above today highest.

2- Very Short Term indicators have turned Over bought after today strong intraday rally.

Watch next resistances amid firstly

 Upward moves expectations

Technical Analysis,Research & Weekly

Outlook(Sep 01 to Sep 05,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (29-Aug-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 25669.30 on 30-06-2025.

13- Short Term correction bottom at 24337.70 on 08-08-2025. 

14- Pull Back Rally top formations at 25153.70 on 21-08-2025.

15- Short Term correction continuation with recent bottom formations at 24404.70 on 29-08-2025. 

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-(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 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 level 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 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this levels which completed at 24337.70 on 08-08-2025 and from this level a Pull Back Rally started which also completed after top formations at 25153.70 on 21-08-2025. Short Term correction begun from this levels which is also in continuation with recent bottom formations at 24404.70 on 29-08-2025 and no confirmation of its completion also on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (29-Aug-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- Its both lines %K(5) and %D(3) are kissing in Over sold zone.

2- Stochastic:- %K(5)- 03.66 & %D(3)- 11.44.

3- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive and negative zone.

4- MACD(26,12)- 112.18 & EXP(9)- -20.65 & Divergence- 132.83

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its both lines %K(5) and %D(3) are kissing in Over sold zone therefore it will be understood that at present this indicator is not showing any side decisive moves beginning possibility. Let its both lines to move above Over sold zone after %K(5) line upward intersection then decisive upward moves will be seen.

2- As in MACD indicator its MACD line has intersected Average line upward and its both lines are rising in positive and negative zone and its MACD line is at 112.18 also therefore it will be understood that this indicator has started to show signals of upward trend formations and resultant also suggesting fresh upward moves beginning possibility after on going Short Term Correction completion.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (29-Aug-2025):

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24695(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24708(Short Term Trend decider) 

3- 55-Day SMA is today at 24984(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24686

5- 200-Day SMA is today at 24071(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

Although Nifty opened above Intermediate Term Trend decider 55-Day SMA in the beginning of previous week but closed below it in all the 5 sessions of previous week and also closed 100-Day SMA in both last sessions therefore Intermediate Term Trend has turned down. As Nifty has closed well below both Very Short Term and Short Term Trends deciders 5-Day and 21-Day SMAs last Friday therefore these 2 Trends are also down. 

As Nifty has closed well above Long Term Trend decider 200-Day SMA last Friday therefore this Trend is up but Nifty has closed below 100-Day SMA in the last 2 sessions therefore firstly sustaining it beyond should be watched in the coming week/weeks for first signal of next decisive moves beginning towards or away 200-Day SMA. 

Nifty-Intra Day Chart Analysis

(29-Aug-2025)

Nifty-Intra Day Chart (29-Aug-2025):-

Technical Patterns formation in today intraday charts

1- Down moves in Bullish Falling Channel

2- Sharp up

3- Selling between 24537-24571

4- Down moves in Bullish Falling Channel

5- Whole day trading between 24405-24572

Conclusions from intra day chart analysis 

Although firstly downward moves after 34 points negative opening in first hour last Friday but were in Bullish Falling Channel therefore sharp upward moves were seen after that. As higher levels selling developed in Mid-Session therefore again downward moves begun which remained continued till  last minutes.

As more than last 2 hours downward moves were in Bullish Falling Channel which is a consolidation pattern and this pattern was seen in first hour also therefore upward moves are expected towards last Friday highest(24572.45) in the beginning of next week.

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. Correction begun from this level which is also in continuation with its recent bottom formations at 24337.70 on 08-08-2025. Although a Pull Back Rally started from this levels which completed at 25153.70 on 21-08-2025 and again Short Term correction begun from this level which is also in continuation with recent bottom formations at 24404.70 on 29-08-2025 and no confirmation of its completion also on EOD charts.

Although all the Trends are down except Long Term Trend which is up and Nifty closed at the weekly lowest after previous week sharp fall also but indicators are suggesting that fresh Short Term upward moves may start in the coming week. As last Friday intraday chart is showing upward moves beginning possibility therefore firstly sustaining beyond following next resistances should be watched one by one in the coming week/weeks for next decisive moves beginning confirmations:- 

1- 24537-24571

2- 24648-24684

3- 24756-24833

4- 24969-25015

5- 25120-25153

As correction is very much on therefore following next supports should also be watched before on going correction completion confirmations:-

1- 24356-24462(Strong supports)

2- 24165-24337(Gap Support)

3- 24042-24139

4- 23859-23987

5- 23785-23872

6- 23557-23615

7- 23299-23445

8- 22924-23207(Gap Support)

9- 22761-22918

10- 22469-22695(Gap Support)

11- 22285-22446

12- 21832-22042