Finally Bullish Wave-(v) of Wave-3

 continuation after on going Short Term

 correction completion

Technical Analysis,Research & Weekly

Outlook(Jul 07 to Jul 11,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (04-Jul-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 continuation with recent bottom formations at 25331.70 on 04-07-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-1 of new Waves structure begun from 15183.40 on 17-06-2022 after Corrective Wave-C of "ABC correction" of previous waves structure completion at this level. Wave-1 completed at 18887.60 on 01-12-2022 and corrective Wave-2 started from this level which completed at 16828.30 on 20-03-2023 and impulsive Wave-(i) of Wave-3 begun from this level.

Impulsive Wave-(i) of Wave-3 completed at 20222.40 on 15-09-2023 and from this level corrective Wave-A of "ABC" correction of Wave-(ii) of Wave-3 started which completed at 19333.60 on 04-10-2023. Wave-B begun from this level which completed at 19849.80 on 17-10-2023 and Wave-C started which completed at 18837.80 on 26-10-2023. Impulsive Wave-(iii) of Wave-3 begun from this level which completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-(iv) of Wave-3 started from this level.

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-(iv) of Wave-3 begun from this levels which completed at 24857.80 on 05-12-2024. From this 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 at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction started from this levels which is also in continuation with recent bottom formations at 25331.70 on 04-07-2025 and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (04-Jul-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- %K(5) line has intersected %D(3) line downward and its both lines are falling towards Over sold zone.

2- Stochastic:- %K(5)- 31.57 & %D(3)- 47.64.

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

4- MACD(26,12)- 335.93 & EXP(9)- 200.37 & Divergence- 135.56.

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line downward and its both lines are falling towards Over sold zone therefore it will be understood that at present this indicator is signalling more downward moves possibility in the coming week.

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

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (04-Jul-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25475(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25157(Short Term Trend decider) 

3- 55-Day SMA is today at 24779(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23933

5- 200-Day SMA is today at 24090(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty is closing below Very Short Term Trends decider 5-Day SMA for the last 3 sessions during on going Short Term Correction therefore this Trend is now down but all the Short to Long Term Trends are up because Nifty closed well above these all trends decider 21-Day to 200-Day SMAs last Friday. 

Nifty-Intra Day Chart Analysis

(04-Jul-2025)

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

Technical Patterns formation in today intraday charts

1- 56 Points fall in first 25 minutes after positive opening.

2- Up moves in Bearish Rising Channel

3- Sharp fall

4- Consolidation between 25332-25387

5- Sharp up

6- Up moves with downward corrections

7- Whole day trading between 25332-25470

Conclusions from intra day chart analysis 

As firstly 56 points fall in first 25 minutes after positive opening and after that intraday selling pattern of Up moves in Bearish Rising Channel formations also therefore sharp fall was seen in Mid-session and Nifty traded 73 points down after loosing all opening gains. More than 2 hours lower levels consolidation was also seen between 25332-25387 therefore sharp upward moves developed and last hour upward moves were with downward corrections hence finally Nifty closed near the higher levels of the day with 55 points gains.

Although Nifty closed near the higher levels of the day last Friday but sufficiently good intraday selling patterns were seen that day and immediate resistances of Nifty are little above last Friday closing are between 25498-25587 also therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about 25406-25587 as well as finally sustaining beyond this range will confirm next intraday decisive moves beginning in next week.

Conclusions

(After putting all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is up.

3- Intermediate Term Trend is up.

4- Long Term Trend is up.

Corrective Wave-C of "ABC correction" of previous waves structure completed at 15183.40 on 17-06-2022 and from this level impulsive Wave-1 of that Waves structure started,its impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024. From this level corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction begun of which Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 started from this level. Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25222.40 on 11-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this levels which is also in continuation with recent bottom formations at 25331.70 on 04-07-2025 and no confirmation of its completion also on EOD charts. 

Although Short Term indicator Stochastic is signalling more downward moves possibility in the coming week but another Short Term indicator MACD is confirming upward trend formations and resultant finally upward moves beginning possibility also therefore it will be understood that Short Term indicators are signalling fresh upward moves beginning possibility after on going Short Term correction completion. 

As all the Short to Long Term Trends are up and Bullish Hammer Candle with some intraday consolidation patterns formation was also seen last Friday therefore expected that finally upward moves of impulsive Wave-(v) of Wave-3 will be seen after getting supports within or near about following next supports which are below on going Short Term correction lowest(25332):-

1- 25191-25248

2- 25009-25056

Finally sustaining beyond 25385-25420

 will confirm next intraday decisive

 moves beginning

Nifty-Intra Day Chart Analysis & Market

Outlook(04-07-2025)

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

Technical Patterns formation in today intraday charts

1- 72 Points fall in first 15 minutes after positive opening

2- Upward moves

3- More than 4 hours selling Patterns formation between 25498-25587

4- Sharp fall

5- Minor supports in last hour between 25385-25420

6- Whole day trading between 25385-25587

Conclusions from intra day chart analysis 

Although firstly 72 Points fall in first 15 minutes after positive opening but immediately after that upward moves were also seen and Nifty again traded in Green zone. As more than 4 hours selling Patterns formation in Mid-Session therefore again sharp fall developed. 

As minor supports in last hour between 25385-25420 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations and:-

1- Until Nifty will not sustaining above today highest after complete consolidation above 25420 till then decisive upward moves will nnt be seen.

2- Sustaining below 25385 will mean decisive downward moves towards following next supports:-

A- 25310-25351 

B- 25191-25248

C- 25009-25056

Firstly watch sustaining beyond

 25379-25501 for next intraday decisive

 moves beginning confirmations

Nifty-Intra Day Chart Analysis & Market

Outlook(03-07-2025)

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

Technical Patterns formation in today intraday charts

1- 60 Points up in first minute.

2- More than one  hour Down moves with upward corrections.

3- Selling Patterns formation in Mid-Session between 25465-25501. 

4- Sharp down.

5- Supports in last hours between 25379-25422.

6- Sharp up.

7- Whole day trading between 25379-25608.

Conclusions from intra day chart analysis 

Although Nifty traded 60 points up in first minute and moved above yesterday highest(25593.4) also but selling developed at higher levels because Nifty is in short Term Correction mode. As firstly selling through more than one hour Down moves with upward corrections and Selling Patterns formation in Mid-Session also between 25465-25501 sharp fall was seen after that.

As lower levels Supports developed in last hours between 25379-25422 therefore sharp upward moves were seen hence it will be understood that both supports and selling was seen between 25379-25501 today and firstly Nifty will trade as well prepare for next decisive moves within this range therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.

Upward moves expectations 

towards/above today highest

Nifty-Intra Day Chart Analysis & 

Market Outlook(02-07-2025)

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

Technical Patterns formation in today intraday charts

1- Volatility in first hour after positive opening

2- More than 5 hours consolidation Patterns formation between 25502-25552

3- Whole day trading between 25502-25593

Conclusions from intra day chart analysis 

Although firstly volatility in first hour after positive opening but after that more than 5 hours consolidation Patterns formation was seen between 25502-25552 therefore upward moves are expected towards/above today highest and sustaining beyond today highest should be watched for next intraday decisive moves beginning confirmations. It should also be kept in mind that until Nifty will not sustain below today lowest after complete intraday selling patterns formations till then decisive downward moves will not be seen.

Watch next supports after today 

started Short Term Correction

Nifty-Intra Day Chart Analysis &

Market Outlook(01-07-2025)

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

Technical Patterns formation in today intraday charts

1- Volatility in first 15 minutes after positive opening

2- Down moves in Bullish Falling Channel

3- Consolidation Patterns formation between 25536-25577

4- Consolidation Patterns formation between 25474-25524

5- Whole day trading between 25474-25669

Conclusions from intra day chart analysis 

Although volatility in first 15 minutes after positive opening but sentiment was heated due to previous week good rally therefore downward moves started and seen whole day for its cooling down. As firstly Downward moves were in Bullish Falling Channel and after that 2 times Consolidation Patterns formations also therefore it will be understood that Nifty is in Short Term Correction mode and that may de sideways also. Following next supports below today lowest should be watched in the coming sessions for the life and length of today started Short Term Correction:-  

1- 25320-25404

2- 25216-25266

3- 25171-25218

Watch next resistances amid Nifty rally towards & above life time top at 26277.30

Technical Analysis,Research & Weekly Outlook

(Jun 30 to Jul 04,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (27-Jun-2025):-

Technical Patterns and Formations in EOD charts

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

2- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

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

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

5- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

6- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25654.20 on 27-06-2025.

Conclusions from EOD chart analysis

(Waves structure)

Corrective Wave-C of Wave-(ii) of Wave-3 "ABC" correction completed at 18837.80 on 26-10-2023 and from this level impulsive Wave-(iii) of Wave-3 started which completed after new life time top formations at 26277.30 on 27-09-2024 and from this levels 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 Wave-B of Wave-(iv) of Wave-3 started from this levels 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 Wave-(v) of Wave-3 started from this level. Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25654.20 on 27-06-2025 and no indication of its completion yet on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (27-Jun-2025):-

Technical Patterns and Formations in EOD charts

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

2- Stochastic:- %K(5)- 94.48 & %D(3)- 80.23.

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

4- MACD(26,12)- 166.66 & EXP(9)- 90.33 & Divergence- 76.33

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 in Over bought zone and not turned bought zone yet therefore it will be understood that this indicator is signalling on going Bullish rally continuation possibility in the coming week.

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 this indicator is showing upward Trend formations and resultant upward moves continuation possibility also in the coming week.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (27-Jun-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25290(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24966(Short Term Trend decider) 

3- 55-Day SMA is today at 24546(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 23837

5- 200-Day SMA is today at 24081(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed well above all the Very Short Term to Long Term Trend deciding 5-Day SMA to 200-Day SMAs last Friday therefore now all the Trends are up therefore on going Bullish moves will be seen in the coming week.

Nifty-Intra Day Chart Analysis

(27-Jun-2025)

Nifty-Intra Day Chart (27-Jun-2025):-

Technical Patterns formation in today intraday charts

1- 53 Points sharp fall in first 15 minutes after gap up opening

2- Consolidation between 25533-25577 

3- Sharp upward moves 

4- More than 3 hours consolidation between 25608-25654

5- Whole day trading between 25524-25654

Conclusions from intra day chart analysis 

Although gap up opening but immediately 53 Points sharp fall was seen in first 15 minutes and Nifty traded in negative zone also in first 2 hours. As lower levels consolidation developed therefore sharp upward moves were seen and after that and more than 3 hours follow up consolidation also between 25608-25654 hence it will be understood that whole day only intraday consolidation patterns formations last Friday therefore upward moves are expected above last friday highest in the beginning of next week.

Conclusions

(After putting all studies together)

1- Short Term Trend is up.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

Now impulsive Wave-(v) of Wave-3 of that Waves structure is in continuation with recent top formations at 25654.20 on 27-06-2025 which begun 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. 

As Nifty traded 31 sessions between 24379-25222 and such larger period trading range was forcefully broken out in previous week therefore it is clear that on going Bullish rally of impulsive Wave-(v) of Wave-3 will remain continued towards/above life time top(26277.30) in the coming week/weeks. 

Averages are confirming that all the Trends are up and Short Term indicators are also signalling on going Bullish rally continuation possibility in the coming week and intraday charts of last Friday are also showing whole day only intraday consolidation patterns formations therefore on going impulsive Wave-(v) of Wave-3 will remain continued and move above its minimum target of 26277.30. As it is life time top of Nifty also therefore 100% confirm that new life time top formations will also be seen in the coming week/weeks. 

Very Short Term and Short Term corrections are also part of any Bullish rally which will also be seen. Following next resistances above last Friday highest are as follows which should also be watched one by one for next immediate decisive moves beginning confirmations towards & above life time top at 26277.30:-

1- 25655-25739(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

On going Bullish rally continuation 

towards/above life time top with 

Very Short Term correction possibility

Nifty-Intra Day Chart Analysis &

Market Outlook(27-06-2025)

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

Technical Patterns formation in today intraday charts

1- Volatility in first 2 hours 

2- Up moves with downward corrections

3- Whole day trading between 25260-25565

Conclusions from intra day chart analysis 

Although firstly volatility in first 2 hours after positive opening but after that more than 3 hours upward moves were with downward corrections and it is also a consolidation pattern as well as intraday good consolidation was seen in previous session therefore Nifty closed near the higher levels of the day with 1.21% gains. 

As such nice intraday consolidation patterns formations in previous 2 sessions therefore on going Bullish rally continuation is expected towards/above life time top in the coming sessions/weeks also but Very Short Term indicators have turned Over bought therefore only Very Short Term correction possibility can not be ruled out.

Upward moves expectations

 towards next resistances

Nifty-Intra Day Chart Analysis &

Market Outlook(25-06-2025)

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

Technical Patterns formation in today intraday charts

1- Up moves with downward corrections

2- More than 2 hours consolidation between 25171-25218

3- Upward moves

4- Consolidation between 25216-25266

5- Up moves with downward corrections

6- Whole day trading between 25126-25266

Conclusions from intra day chart analysis 

As firstly up moves with downward corrections and after that more than 2 hours consolidation between 25171-25218 therefore upward moves were seen in Mid-Session. Follow up consolidation at intraday higher levels in last hours also between 25216-25266 therefore upward moves are expected towards next resistances(25268-25310) and finally sustaining it beyond should be watched for next intraday decisive moves beginning confirmations.

Watch last hours supports(25000-25317)

 amid ceasefire uncertainty

 of Israel-Iran war

Nifty-Intra Day Chart Analysis & 

Market Outlook(25-06-2025)

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

Technical Patterns formation in today intraday charts

1- 2 Times upward moves with downward corrections

2- Sharp up

3- Upward moves in Bearish Rising Channel

4- 140 Points volatility 

5- Downward moves

6- Support between 25000-25091

7- Whole day trading between 25000-25317

Conclusions from intra day chart analysis 

As ceasefire announcement of Israel-Iran war by Donald Trump therefore more than 200 points positive opening and after that 2 times consolidation through upward moves with downward corrections as well as sharp upward moves were also seen but ceasefire violation was seen by Iran and attacked Missiles on Israel hence higher levels selling patterns of Upward moves in Bearish Rising Channel were also developed and downward moves started. 

More than last 3 hours were full of confusion regarding ceasefire acceptance by Iran and Israel therefore firstly higher levels 140 points volatility and after that more than 300 points downward moves were seen which remained continued till last hours. As lower levels some last hours supports also between  25000-25317 therefore firstly sustaining beyond this range should be watched tomorrow for next decisive beginning confirmations amid ceasefire uncertainty of Israel-Iran war. 

As out of station therefore unable to post 

today(24-06-2025) Outlook. 

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

 according to escalation or de-escalation

 of Israel and Iran war

Technical Analysis,Research & Weekly

 Outlook(Jun 23 to Jun 27,2025)

Nifty-EOD Chart Analysis

(Waves structure)

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

Technical Patterns and Formations in EOD charts

1- Corrective Wave-C of previous Waves structure "ABC correction" completion at 15183.40 on 17-06-2022 and Impulsive Wave-1 of new Waves structure beginning.

2- Impulsive Wave-1 completion at 18887.60 on 01-12-2022.

3- Corrective Wave-2 completion at 16828.30 on 20-03-2023.

4- Impulsive Wave-(i) of Wave-3 completion at 20222.45 on 15-09-2023 and Wave-A of "ABC" correction beginning.

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

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

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

8- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

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

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

11- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

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

13- Last 30 sessions trading between 24379-25222.

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-1 of new Waves structure started from 15183.40 on 17-06-2022 after Corrective Wave-C of "ABC correction" of previous waves structure completion at this level. Wave-1 completed at 18887.60 on 01-12-2022 and corrective Wave-2 begun from this level which completed at 16828.30 on 20-03-2023 and impulsive Wave-(i) of Wave-3 started from this level.

Impulsive Wave-(i) of Wave-3 completed at 20222.40 on 15-09-2023 and from this level corrective Wave-A of "ABC" correction of Wave-(ii) of Wave-3 begun which completed at 19333.60 on 04-10-2023. Wave-B started from this level which completed at 19849.80 on 17-10-2023 and Wave-C begun which completed at 18837.80 on 26-10-2023. Impulsive Wave-(iii) of Wave-3 started from this level which completed with new life time top formations at 26277.30 on 27-09-2024 and corrective Wave-A of Wave-(iv) of Wave-3 begun from this level.

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

Nifty-EOD Chart Analysis

(Stochastic & MACD)

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

Technical Patterns and Formations in EOD charts

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

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

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

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

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line upward and its both lines are rising towards Over bought zone therefore it will be understood that at present this indicator is signalling more upward moves possibility in the coming week.

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

Nifty-EOD Chart Analysis

(Averages)

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

Technical Patterns and Formations in EOD charts

Averages:-

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

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

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

4- 100-Day SMA is today at 23726

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

 

Conclusions from EOD chart analysis

(Averages)

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

Nifty-Intra Day Chart Analysis

(20-Jun-2025)

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

Technical Patterns formation in today intraday charts

1- Consolidation between 24814-24890

2- Sharp up

3- Consolidation between 24965-25062

4- Sharp up

5- Whole day trading between 24784-25136

Conclusions from intra day

chart analysis 

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

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

Conclusions

(After putting all studies together)

1- Short Term Trend is at stake.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

Corrective Wave-C of "ABC correction" of previous waves structure completed at 15183.40 on 17-06-2022 and from this level impulsive Wave-1 of that Waves structure started,its impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024. From this level corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction begun of which Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 started from this leveL. Although now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25222.40 on 11-06-2025 and no confirmation of its completion yet on EOD charts also but last 30 sessions like larger period trading between 24379-25222 and finally sustaining it beyond should be watched in the coming week/weeks for next one sided bigger moves beginning confirmations after that side next Trend formation.

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

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

1-25131-25148

2-25202-25222

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

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

Trump U-Turn & Global Financial

 markets reactions

Post-open Outlook(20-06-2025)

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

1- Commodities markets are down

A- Gold is trading 0.74% down

B- Silver is trading 1.85% down

C- Crude is trading 1.30% down 

2- All the Asian Stock markets are up.

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

Downward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(20-06-2025)

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

Technical Patterns formation in today intraday charts

1- Selling between 24803-24840

2- Whole day trading between 24734-24863

Conclusions from intra day chart analysis 

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

Watch 24800 after Donald Trump

 entry in Israel-Iran war

Post-open Outlook(19-06-2025)

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

Downward moves expectations below day's lowest 

Nifty-Intra Day Chart Analysis &

Market Outlook(19-06-2025)

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

Technical Patterns formation in today intraday charts

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

2- Downward moves with upward corrections

3- Selling between 24751-24833

4- Whole day trading between 24751-24947

Conclusions from intra day chart analysis 

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

Sustaining below 24814 will mean

 correction continuation towards

 last 27 sessions lowest(243790)

Nifty-Intra Day Chart Analysis &

Market Outlook(18-06-2025)

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

Technical Patterns formation in today intraday charts

1- 112 Points fall in first 12 minutes after

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

3- Whole day trading between 24814-24982

Conclusions from intra day chart analysis 

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

As out of station therefore unable to post 

today(17-06-2025) Outlook. 

Firstly watch Crucial Levels & Supports

 one by one for next Trends formations

 after Israel-Iran war escalation possibility

Technical Analysis,Research & Weekly

 Outlook(Jun 16 to Jun 20,2025)

Nifty-EOD Chart Analysis

(Waves structure)

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

Technical Patterns and Formations in EOD charts

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

2- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

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

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

5- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

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

7- Last 25 sessions trading between 24379-25222.

Conclusions from EOD chart analysis

(Waves structure)

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

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

Nifty-EOD Chart Analysis

(Stochastic & MACD)

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

Technical Patterns and Formations in EOD charts

1- Stochastic- %K(5) line has intersected %D(3) line downward and its both lines are falling from Over bought zone.

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

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

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

Conclusions from EOD chart analysis (Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic its %K(5) line has intersected %D(3) line downward and its both lines are  falling from Over bought zone therefore it will be understood that at present this indicator is suggesting more downward moves possibility in the coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in positive zone therefore it will be understood that this indicator is confirming downward trend formations and resultant on going downward moves continuation possibility also.

Nifty-EOD Chart Analysis

(Averages)

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

Technical Patterns and Formations in EOD charts

Averages:-

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

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

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

4- 100-Day SMA is today at 23640 

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

 

Conclusions from EOD chart analysis

(Averages)

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

Nifty-Intra Day Chart Analysis &

Market Outlook(01-06-2025)

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

Technical Patterns formation in today intraday charts

1- Upward moves with downward corrections

2- Upward moves in Bearish Rising Channel

3- Selling between 24703-24754 

4- Whole day trading between 24473-24754

Conclusions from intra day

chart analysis 

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

Conclusions (After putting

all studies together)

1- Short Term Trend is down.

2- Intermediate Term Trend is up.

3- Long Term Trend is up.

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

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

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

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

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

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

1- 23967-24058

2- 23873-23903(Gap Support)

3- 23785-23866

4- 23476-23529

5- 23354-23445

6- 23266-23346

7- 22924-23207(Gap Support)

8- 22770-22795 

9- 22469-22695(Gap supports)

10- 22271-22424

11- 22254-22270(Gap supports)

12- 21987-22142(Strong supports)

13- 21825-21975

14- 21502-21582

15- 21417-21500

Firstly watch 24379 after Israeli

 attack on Iran's Nuclear sites

Pre-open Outlook(13-06-2025)

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

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

Watch 24826-25915  for next intraday

 decisive moves beginning confirmations

Nifty-Intra Day Chart Analysis &

Market Outlook(13-06-2025)

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

Technical Patterns formation in today intraday charts

1- Firstly 54 Points up after positive opening

2- Sharp fall

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

4- Sharp fall 

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

6- Whole day trading between 24826-25196

Conclusions from intra day chart analysis 

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