Just Watch next resistances amid 

firstly upward moves beginning possibility

Technical Analysis,Research & Weekly

Outlook(Sep 29 to Oct 03,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (26-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-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-4 of "ABC" correction beginning.

5- Corrective Wave-A of Wave-4 completion at 23263.20 on 21-11-2024.

6- Corrective Wave-B of Wave-4 completion at 24857.80 on 05-12-2024.

7- Corrective Wave-C of Wave-4 completion at 21743.70 on 07-04-2025 and Impulsive Wave-5 beginning from this level.

8- Impulsive Wave-5 continuation with recent top formations at 25669.30 on 30-06-2025.

9- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025. 

10- Pull Back Rally completion with recent top formations at 25448.50 on 18-09-2025. 

11- Short Term correction continuation with recent bottom formations at 24629.45 on 26-09-2025.

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. Impulsive Wave-3 begun from this level which completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-4 started from this level.

Corrective Wave-A of Wave-4 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-4 begun from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-4 started which completed at 21743.70 on 07-04-2025 and Wave-5 begun from this level. 

Now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts 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 completed after its top formations at  25448.50 on 18-09-2025. Short Term correction begun from this levels which is now in continuation with its recent bottom formations at 24629.45 on 26-09-2025.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (26-Sep-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 in Over sold zone.

2- Stochastic:- %K(5)- 04.20 & %D(3)- 12.29.

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

4- MACD(26,12)- 222.96 & EXP(9)- 223.40 & Divergence- -0.44.

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line downward and its both lines are falling in Over sold zone therefore it will be understood that this indicator is still showing some more downward moves possibility.  Let its both lines to start upward moves after %K(5) line upward intersection of %D(3) line then Short Term upward moves will be seen.

2- As in MACD indicator its both MACD line and Average line are kissing in positive zone therefore it will be understood that MACD indicator is not confirming any side decisive moves beginning. As its both lines are well above in positive zone therefore if MACD line intersects Average line upward in the coming week then decisive upward moves will be seen after upward Trend formation confirmations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (26-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24994(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24948(Short Term Trend decider) 

3- 55-Day SMA is today at 24895(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24932

5- 200-Day SMA is today at 24162(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed well above Long Term Trend decider 200-Day SMA last Friday therefore this Trend is definitely up also but Intermediate and Short Term Trends are at stake because Nifty has closed below its deciders 21-Day and 55-Day SMAs in last 2 sessions of previous week. Very Short Term Trend is clearly down because Nifty has closed below its decider 5-Day SMA in all the 5 sessions of previous week.

Nifty-Intra Day Chart Analysis

(26-Sep-2025)

Nifty-Intra Day Chart (26-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 114 points fall in first 20 minutes after 59 points gap down opening

2- Selling between 24738-24829

3- Downward moves

4- Support between 24630-24672

5- Whole day trading between 24630-24868

Conclusions from intra day

chart analysis 

As all the Asian markets were weak last Friday after negative closing of all US markets one day before and Trump imposed 100% tariff on pharmaceutical products also therefore sentiment was depressed and resultant firstly 114 points fall was seen in first 20 minutes after 59 points gap down opening last Friday. Although after that firstly more than 3 hours selling was seen between 24738-24829 therefore downward moves developed in Mid-Session but lower levels supports also between 24630-24672 hence upward moves are firstly expected towards 24829 in the beginning of next week. 

Conclusions (After putting all studies together)

1- Very Short Term Trend is Down.

2- Short Term Trend is at Stake.

3- Intermediate Term Trend is at Stake.

4- Long Term Trend is Up.

Impulsive Wave-3 of that Waves structure completed with new life time top formations at 26277.30 on 27-09-2024 which started through its Impulsive Wave-1 from 15183.40 on 17-06-2022. Corrective Wave-A of Wave-4 of "ABC" correction begun from 26277.30 of which Wave-C of Wave-4 completed at 21743.70 on 07-04-2025 and Impulsive Wave-5 started from this level. 

Although now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet but since then 2 times Short Term corrections upto 24337.70 and once a Pull Back Rally was seen which completed at 25448.50 on 18-09-2025. Now Short Term correction continuation with its recent bottom formations at 24629.45 on 26-09-2025 and no indication of its completion yet on EOD charts.

As Donald Trump announced 100% tariff on pharmaceutical products therefore sharp fall was seen last Friday and downward moves were also seen in all the 5 sessions of previous week therefore Short and Intermediate Term Trends are now at Stake and until Nifty will not sustain beyond these 2 Trends deciders 21-Day and 55-Day SMAs till then that side next bigger moves will not be seen. As Long Term Trend is up and once sustaining above these 2 Trends deciders will mean on going impulsive Wave-5 continuation towards life time top at 26277.30. 

Although Short Term indicator MACD is not confirming any side decisive moves beginning but another indicator Stochastic is completely Over sold and once its upward moves beginning after %K(5) line upward intersection of %D(3) then decisive Short Term upward moves will be seen. As lower levels intraday supports were also seen last Friday therefore sustaining beyond following next resistances should be firstly watched for first signal of next decisive moves beginning amid firstly upward moves beginning possibility:-  

1- 24738-24829

2- 24981-25049

3- 25113-25142

4- 25271-25331

5- 25408-25448

Next Supports below last Friday lowest are as follows:-

1- 24550-24618.

2- 24356-24462(Strong supports).

3- 24165-24337(Gap Support).

4- 24042-24139

5- 23859-23987

Watch Next supports after Trump

 100% tariff on pharmaceutical products

Mid-session Outlook

(26-09-2025)

As President Donald Trump announced on Thursday that pharmaceutical products will be subject to a 100% tariff starting October 1 and 50% tariff has already been imposed  by Trump on Indian imports therefore sentiment turned completely dampened and resultant all around sharp correction is being seen in Indian markets. 

Next supports have already been updated in previous Outlook which should be firstly watched one by one for next decisive moves beginning confirmations.

Firstly watch next supports after

 weaker Global markets yesterday

 night & today morning

As all US Markets closed in negative zone yesterday and all the Asian markets were also trading weaker today morning therefore sentiment turned depressed hence firstly downward moves were seen after 72 points negative opening of Nifty because Short Term correction is on and no confirmation of its completion yet on EOD charts. 

US markets closing is as follows:-

1- Dow Jones closed 0.38% Down yesterday.

2- S&P 500 closed 0.50% Down yesterday.

3- Nasdaq closed 0.50% Down yesterday.

Asian markets trading positions are as follows:-

1- Nikkei 225(Japan) is trading 0.65% Down today morning.

2- Hang Seng(Hong Kong) is trading 0.49% Down today morning.

3- Taiwan Weighted is trading 0.19% Down today morning.

4- SET(Bangkok) is trading 0.20% Down today morning.

5- KOSPI(Korea) is trading 2.39% Down today morning.

As Short Term correction is very much on therefore firstly following supports should be watched for the life and length of on going correction

1- 24709-24772(Now trading within these supports).

2- 24550-24618.

3- 24356-24462(Strong supports).

4- 24165-24337(Gap Support).

Upward moves expectations

 towards today highest

Nifty-Intra Day Chart Analysis &

Market Outlook(26-09-2025)

Nifty-Intra Day Chart (25-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Whole day downward moves in Bullish Falling Channel

2- Whole day trading between 24879-25092

Conclusions from intra day chart analysis 

Although firstly upward moves after negative opening but downward moves started which remained continued till last hour. As whole day today downward moves were in Bullish Falling Channel and it is a consolidation pattern therefore upward moves are expected towards today highest in the coming sessions after fresh consolidation near about today lowest.

Psychological level of 25000 will 

confirm the life and length of 

on going Short Term Correction

Nifty-Intra Day Chart Analysis &

Market Outlook(25-09-2025)

Nifty-Intra Day Chart (24-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Whole day only volatility between 25028-25149 after negative opening.

2- Whole day trading between 25028-25149.

Conclusions from intra day chart analysis

Following 2 Topics were posted in both previous Outlooks:- 

1- Rally continuation amid only a Short Term Correction possibility(Weekly Outlook for this week trading was Posted on 20-09-2025)

2- Downward moves towards next Supports(Daily Outlook for 23-00-2025 intraday trading was Posted at 02:43 AM on 23-00-2025)

Short Term Correction and Downward moves possibility were told in both previous Outlooks and Downward moves were seen in all the 3 sessions of this week.

As Whole day only volatility between 25028-25149 after negative opening was seen today and:- 

1- One sided intraday patterns were not seen. 

2- Technical positiions changes fast during such intraday volatility.

3- Today closing was within that supports(25039-25061) which was posted in above mentioned topic on 20-09-2025.

4- Psychological level of 25000 is just below above mentioned supports

Therefore firstly sustaining beyond Psychological level of 25000 should be watched in the coming sessions for the life and length of on going Short Term Correction.

As busy therefore unable to post 

today(24-09-2025) Outlook. 

Downward moves towards

next Supports

Nifty-Intra Day Chart Analysis &

Market Outlook(23-09-2025)

Nifty-Intra Day Chart (22-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 113 Points down in first 3 minutes after 88 points weaker opening.

2- More than 110 points recovery in first half hour.

3- More than 4 hours selling between 25271-25331(immediate Resistances)

4- Sharp fall in last Hour

5- Whole day trading between 25152-25331

Conclusions from intra day chart analysis 

Although firstly some downward moves after 88 points weaker opening and once Nifty traded 113 points down also in first 3 minutes but Nifty recovered more than 110 points in first half hour. As higher levels selling developed which remained continued more than 4 hours also therefore sharp fall was seen in last hours and Nifty closed 124 points down. 

As higher levels good intraday selling and Very Short Term indicators are in Over bought zone also therefore Short Term correction will be seen towards following supports in the coming session/sessions also and firstly sustaining beyond these supports should be watched one by one for next intraday decisive moves beginning confirmations.

1- 25151-25183

2- 25066-25097

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)