Enjoy Profits Daily & Be Wealthy

Finally sustaining beyond last

4 Sessions trading range

(23117-23521) will generate

next bigger decisive moves

Technical Analysis,Research & Weekly

Outlook(Sep 21 to Sep 25,2026)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (18-Sep-2026):-

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 after 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-i of Wave-5 completion with new life time top formations at 26373.20 on 05-01-2026.

9- Corrective Wave-ii of Wave-5 continuation with recent bottom formations at 22182.55 on 02-04-2026.

10- Pull Back Rally copletion after its top formations at 24774.30 on 03-08-2026.

11- Correction continuation with recent bottom formations at 23116.10 on 16-09-2026.

12- Last 113 sessions trading between 23071-24774.

13- Last 4 Sessions actual trading between 23117-23521

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. Its 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-3 begun from this level which completed with new life time top formations at 26277.30 on 27-09-2024. Corrective Wave-A of Wave-4 of "ABC correction" started from this level which completed at 23263.20 on 21-11-2024 and Wave-B begun from this level which completed at 24857.80 on 05-12-2024. Wave-C of "ABC correction" started from this level which completed at 21743.70 on 07-04-2025 and impulsive Wave-5 begun this level.

Impulsive Wave-i of Wave-5 completed after its recent high and new life time top formations at 26373.20 on 05-01-2026 and from this levels corrective Wave-ii of Wave-5 started which is now in continuation after its recent lowest formations at 22182.55 on 02-04-2026 and no confirmation of its completion yet on EOD charts.

Pull Back Rally begun from the bottom of corrective Wave-ii of Wave-5 which completed after its top formations at 24774.30 on 03-08-2026. Correction which started from 24774.30 is now in continuation with its recent bottom formations at 23116.10 on 16-09-2026 and no confirmation of its completion yet on EOD Charts.

1- On 15-09-2026 Bearish moves were seen in all the Global markets due to Middle-East war escalation therefore sharp downward moves were seen in Indian markets also that day.

2- As Trump claimed that he spoke with Tehran and declared ‘toward the end of war’ on 17-09-2026 therefore upward moves were seen in Indian markets on that day.

As previous week 4 sessions trading was above mentioned contrary news led between 23117-23521 and Technical positions changes fast also due to such news flow therefore expected that Nifty will firstly trade and prepare in the coming week for next decisive moves within and near about last 4 sessions actual trading range(23117-23521) and finally sustaining beyond this trading range will confirm next decisive moves beginning.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (18-Sep-2026):-

Technical Patterns and Formations in EOD charts

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

2- Stochastic:- %K(5)- 34.00 & %D(3)- 22.48.

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

4- MACD(26,12)- -447.07 & EXP(9)- -340.42 & Divergence- -106.65

Conclusions from EOD chart

analysis (Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator %K(5) line has intersected %D(3) line upward and its both lines are rising from Over sold zone therefore it will be understood that this indicator has generated stronger signal of next Short Term upward moves beginning and that is expected also in the coming week.

2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in negative zone therefore it will be understood that this indicator is confirming Short Term downward Trend formations and more downward moves possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (18-Sep-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 23274(Very Short Term Trend decider)

2- 21-Day SMA is today at 23806(Short Term Trend decider)

3- 55-Day SMA is today at 24088(Intermediate Term Trend decider)

4- 100-Day SMA is today at 23954

5- 200-Day SMA is today at 24485(Long Term Trend decider)

Conclusions from EOD chart

analysis (Averages)

As Nifty is hovering around Very Short Term Trend deciding 5-Day SMA for the last 4 session therefore Very Short Term Trend is now at stake. As Nifty has closed below Short, Intermediate and Long term trends deciding 21-Day,55-Day and 200-Day SMAs in the last 12 sessions therefore these 3 Trends are now down.

Nifty-Intra Day Chart

Analysis(18-Sep-2026)

Nifty-Intra Day Chart (18-Sep-2026):-

Technical Patterns formation in today intraday charts

1- More than 4 hours consolidation between 23287-23340

2- Volatility in last hours between 23335-23389

3- Whole day actual trading between 23287-23389

Conclusions from intra day

chart analysis

As previous week 4 sessions trading was above mentioned contrary news led between 23117-23521 and Technical positions changes fast also due to such news flow as well as both intraday consolidation and selling patterns were also seen in this period therefore expected that Nifty will firstly trade and prepare in the coming week for next decisive moves within and near about last 4 sessions actual trading range(23117-23521) and finally sustaining beyond this trading range will confirm next decisive moves beginning.

Conclusions (After putting all

studies together)

1- Very Short Term Trend is at stake.

2- Short Term Trend is Down.

3- Intermediate Term Trend is Down.

4- Long Term Trend is Down.

Impulsive Wave-i of Wave-5 of that waves structure completed after new life time top formations at 26373.20 on 05-01-2026 of which impulsive Wave-1 started more than 4 years before from 15183.40 on 17-06-2022. Now its corrective Wave-ii of Wave-5 continuation with its recent bottom formations at 22182.55 on 02-04-2026 and no confirmation of its completion yet on EOD charts. Pull Back Rally begun from this level which completed at 24774.30 on 03-08-2026 and correction started from this level which is now in continuation also with its recent bottom formations at at 23116.10 on 16-09-2026 and no confirmation of its completion yet on EOD Charts.

Nifty traded last 113 sessions between 23071-24774 and now Nifty is trading near the lower levels of this range therefore all the Short to Long Term Trends have turned down and Short Term indicator MACD is also confirming Short Term downward Trend formations.

Although another Short Term indicator MACD Stochastic is now showing stronger signal of Short Term upward moves beginning but both intraday consolidation and selling patterns were also seen in the last 4 sessions of previous week therefore finally sustaining beyond last 4 sessions trading range(between 23117-23521) should be watched in the coming week for following bigger decisive moves beginning confirmations:-

1- Sustaining below the lowest(23117) of last 4 sessions trading range will mean high possibility of deeper correction beginning because the lowest of last 113 trading range(23071) is only 46 points below it and once sustaining below it will mean high possibility of valid break down of last 113 sessions trading range also.

2- Sustaining above the highest(23521) of last 4 sessions trading range will mean relief rally beginning towards the highest(24774) of last 113 sessions trading range.

Sustaining beyond 23208-23363 will

confirm next decisive moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(18-09-2026)

Nifty-Intra Day Chart (17-Sep-2026):-

Technical Patterns formation in today intraday charts

1- Most time trading between 23259-23363

3- Whole day actual trading between 23194-23363

Conclusions from intra day chart analysis

Although negative opening today morning but Trump statement of US-Iran war ending came out therefore some upward moves were seen. As most time today trading was between 23259-23363 was under Bullish sentiment due to Trump statement and more than 5 hours yesterday selling was between 23208-23275 therefore firstly sustaining beyond 23208-23363 should be watched tomorrow for next decisive moves beginning confirmations.

Watch Levels after Trump announcement

of US-Iran war end

Post-open Outlook(17-09-2026)

Trump says war ‘toward the end’,

claims he spoke with Tehran

https://www.aljazeera.com/news/liveblog/2026/9/16/iran-war-live-irans-top-diplomat-heads-to-china-as-war-drags-on

As Trump told today that US-Iran war is toward the end therefore sentiment boosted today morning and resultant Dow Jones Futures is trading 343 points up.

Although negative opening today morning but Nifty is trading within the 5 hours trading range(23208-23275) of yesterday. Let Nifty to sustain beyond this range then that side decisive moves will be seen

Downward moves expectationd

& watch next Supports

Nifty-Intra Day Chart Analysis &

Market Outlook(17-09-2026)

Nifty-Intra Day Chart (16-Sep-2026):-

Technical Patterns formation in today intraday charts

1- Volatility in first hour between 23117-23284

2- More than 5 hours selling between 23208-23275

3- Whole day actual trading between 23117-23284

Conclusions from intra day chart analysis

Following lines were told on 15-09-2026 in "Sustaining beyond 23095-23389 will confirm next Short Term moves beginning":-

finally sustaining beyond 23095-23389 should be watched in the coming sessions for next Short Term moves beginning confirmations.

As was told 100% same happened and Nifty traded whole day within mentioned trading range(23095-23389) between 23117-23284 today

Although firstly Nifty traded 166 points up in first minute after 83 points positive opening but crashed 167 points in first half hour and traded in negative zone also after loosing all first minute gains. As firstly volatility in first hour between 23117-23284 and after that more than 5 hours selling between 23208-23275 therefore downward moves are expected towards today lowest(23117). Finally sustaining beyond the lowest on next supports(23095-23389) should be watched tomorrow for next intraday decisive moves beginning confirmations.

Sustaining beyond 23095-23389 will confirm next Short Term moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(16-09-2026)

Nifty-Intra Day Chart (15-Sep-2026):-

Technical Patterns formation in today intraday charts

1- 87 Points down in first minute after 194 points positive zone trading.

2- Down moves with upward corrections.

3- Selling between 23320-23389(Immediate resistance).

4- Downward moves in last hour.

5- Whole day actual trading between 23119-23592.

Conclusions from intra day

chart analysis

All the Global markets were in deep Red in following manner during Indian trading manner today:-

1- Dow Jones Joes Futures was trading 341 points down during Indian trading hours today:-

2- All the Asian markets were trading in negative zone in following manner today;-

A- Hang Seng(Hong Kong) was trading 1.18% Down today.

B- KOSPI(Korea) was trading 0.85% Down today.

C- Taiwan Weighted was trading 0.73% Down today.

D- SET(Bangkok) was trading 0.47% Down today.

3- All the European markets were also trading in negative zone in following manner today;-

A- Dax(Germany) was trading 0.84% Down today.

B- FTSE 100(England) was trading 0.92% Down today.

C- CAC 40(France) was trading 0.99% Down today.

As whole day good intraday consolidation last Friday therefore firstly Nifty traded 194 points up in first minute but all the Global markets were in Bearish mode due to Mddle-East war escalation in last 3 days therefore selling started and Down moves were seen with upward corrections in first 2 hours. Follow up selling developed between 23320-23389 in Mid-Session also therefore downward moves were seen in last hours and Nifty closed at the lower levels of the day.

Today deeper downward moves were due to Global Bearish markets and Short Term Trend has turned Over Sold also therefore Volatility may also be seen within next supports(23095-23122) lowest and next resitance highest(23320-23389) hence finally sustaining beyond 23095-23389 should be watched in the coming sessions for next Short Term moves beginning confirmations.

Pull Back Rally beginning

expectations & firstly watch

next resistances

Technical Analysis,Research & Weekly

Outlook(Sep 14 to Sep 18,2026)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (11-Sep-2026):-

Technical Patterns and Formations in EOD charts

1- Impulsive Wave-3 completion after new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-4 of "ABC" correction beginning.

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

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

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

5- Impulsive Wave-i of Wave-5 completion with new life time top formations at 26373.20 on 05-01-2026.

6- Corrective Wave-ii of Wave-5 continuation with recent bottom formations at 22182.55 on 02-04-2026.

7- Pull Back Rally copletion after its top formations at 24774.30 on 03-08-2026.

8- Short Term correction continuation with recent bottom formations at 23231.40 on 11-09-2026.

9- Last 104 sessions trading between 23071-24774.

Conclusions from EOD chart

analysis(Waves structure)

Impulsive Wave-3 of that Waves structure completed after new life time top formations at 26277.30 on 27-09-2024 of which impulsive Wave-1 of new Waves structure started from 15183.40 on 17-06-2022. Corrective Wave-A of Wave-4 of "ABC correction" begun from this level which completed at 23263.20 on 21-11-2024 and Wave-B started from this level which completed at 24857.80 on 05-12-2024. Wave-C of "ABC correction" begun from this level which completed at 21743.70 on 07-04-2025 and impulsive Wave-5 started from this level. Impulsive Wave-i of Wave-5 completed after its recent high and new life time top formations at 26373.20 on 05-01-2026 and from this levels corrective Wave-ii of Wave-5 begun which is now in continuation after its recent lowest formations at 22182.55 on 02-04-2026 and no confirmation of its completion yet on EOD charts.

Pull Back Rally started from the bottom of corrective Wave-ii of Wave-5 which completed after its top formations at 24774.30 on 03-08-2026. Short Term correction which begun from 24774.30 is now in continuation with its recent bottom formations at 23231.40 on 11-09-2026 and no confirmation of its completion also on EOD Charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (11-Sep-2026):-

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 sold zone.

2- Stochastic:- %K(5)- 13.64 & %D(3)- 08.08.

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

4- MACD(26,12)- -333.78 & EXP(9)- -239.24 & Divergence- -94.54

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator %K(5) line has intersected %D(3) line upward and its both lines are rising in Over sold zone therefore it will be understood that this indicator has generated 1st signal of next Short Term upward moves beginning. Let Nifty to move above Oversold zone that this upward move will be seen.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (11-Sep-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 23544(Very Short Term Trend decider)

2- 21-Day SMA is today at 23997(Short Term Trend decider)

3- 55-Day SMA is today at 24144(Intermediate Term Trend decider)

4- 100-Day SMA is today at 23988

5- 200-Day SMA is today at 24544(Long Term Trend decider)

Conclusions from EOD chart

analysis (Averages)

As Nifty is continuously closing below all the Very Short Term to Long Term Trends deciding 5-Day to 200-Day SMAs for the last 8 sessions therefore now all the Trends are down.

Nifty-Intra Day Chart Analysis

(11-Sep-2026)

Nifty-Intra Day Chart (11-Sep-2026):-

Technical Patterns formation in today intraday charts

1- Support between 23237-23268

2- Upward move

3- Consolidation between 23274-23307

4- Upward move

5- Consolidation between 23315-2358

6- Sharp up

7- Consolidation between 23385-23437

8- Whole day actual trading between 23232-23448

Conclusions from intra day

chart analysis

Although Nifty was 246 points down in first minute after 207 points weaker opening but lower levels supports developed in first hour therefore upward moves started from lower levels. As after that whole day upward moves were seen with continuous 3 times consolidation therefore Nifty closed near the higher levels of the day. Although Nifty closed 79.70 points down last Friday but whole day good intraday consolidation was also developed therefore firstly upward moves are expected in the beginning of coming week.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is Down.

2- Short Term Trend is Down.

3- Intermediate Term Trend is Down.

4- Long Term Trend is Down.

Waves structure which brgun more than 4 years before through its impulsive Wave-1 from 15183.40 on 17-06-2022 is now in continuation through its impulsive Wave-5 of which impulsive Wave-i completed after new life time top formations at 26373.20 on 05-01-2026. Now Wave-ii of Wave-5 continuation with recent bottom formations at 22182.55 on 02-04-2026 and no confirmation of its completion yet on EOD charts. Pull Back Rally started from this level which completed at 24774.30 on 03-08-2026 and correction begun from this level which is now in continuation also with its recent bottom formations at 23231.40 on 11-09-2026 and no confirmation of its completion yet on EOD Charts.

As correction continuation forcefully for the last 29 sessions therefore all the Trends have turned down. Although Short Term indicator MACD is also confirming Short Term downward Trend formations and more downward moves possibility also but another Short Term indicator Stochastic has shown signals of fresh upward moves beginning. As last Friday intraday charts are also showing whole day good intraday consolidation patterns formations therefore firstly Pull Back Rally beginning is expected in the beginning of coming week and firstly sustaining beyond following next resistances should be watched one by one in the coming week for the next intraday decisive moves beginning confirmations:-

1- 23518-23571

2- 23572-23624(Gap Resistance)

3- 23649-23706

4- 23753-23782

5- All the resistances above 23782 have already been updated in the previous weekly Outlook.

Next supports below last Friday intraday highest(23448.10) are as follows:-

1- 23385-23437

2- 23315-2358

3- 23274-23307

4- 23237-23268

5- All the supports below 23237 have already been updated in the previous weekly Outlook.

More downward moves expectations

& just watch next supports

Nifty-Intra Day Chart Analysis & Market

Outlook(11-09-2026)

Nifty-Intra Day Chart (10-Sep-2026):-

Technical Patterns formation in today intraday charts

1- More than 6 hours trading with intraday selling Patterns formation between 23403-23471

2- Whole day actual trading between 23381-23494

Conclusions from intra day chart analysis

Following lines were told on 09-09-2026 in "Watch next supports amid more Downward moves expectations":-

1- More downward moves are expected

2- firstly sustaining beyond next supports(23314-23386) should also be watched tomorrow.

As was told 100% same happened and:-

1- Nifty was 42 points down at 23389.00 when Nifty movement was closed at 03:15 PM.

2- Today lowest(23,380.10) was within already mentioned supports(23314-23386).

As more than 6 hours today trading was with intraday selling Patterns formation therefore more downward moves are expected below today lowest and towards following next supports which should be watched one by one for next intraday decisive moves beginning confirmations:-

1- 23314-23386

2- 23202-23248

3- 23095-23122

4- 22821-22940

Watch next supports amid more

Downward moves expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(10-09-2026)

Nifty-Intra Day Chart (09-Sep-2026):-

Technical Patterns formation in today intraday charts

1- 155 Points down in first 2 minues

2- Volatility in first 3 hours between 23469-23551

3- Selling between 23537-23571

4- Sharp fall in last hour

5- Whole day actual trading between 23432-23571

Conclusions from intra day chart analysis

Following lines were told at 01:11 AM on

09-09-2026 in "Sustaining beyond

23607-23710 will confirm next intraday decisive moves begining amid downward moves expectations":-

firstly downward moves are expected also below today lowest.

As was told 100% same happened and Nifty closed 203 points down today

As good intraday selling was seen in the first 4 hours yesterday therefore firstly 155 Points downward moves developed in first 2 minues today. Although volatility in first 3 hours but higher levels selling was also seen in Mid-Session therefore sharp fall deveped in last hour.

Although more downward moves are expected but Short Term Trend has turned Over sold also therefore firstly sustaining beyond next supports(23314-23386) should also be watched tomorrow.

Sustaining beyond 23607-23710

will confirm next intraday

decisive moves begining amid

downward moves expectations

Nifty-Intra Day Chart Analysis &

MarketOutlook(09-09-2026)

Nifty-Intra Day Chart (08-Sep-2026):-

Technical Patterns formation in today intraday charts

1- 95 Points down in first minute after negative opening

2- Whole day trading with Mixed Patterns formation between 23624-23710

3- Whole day actual trading between 23624-23758

Conclusions from intra day

chart analysis

Following lines were told on 05-09-2026 in "Short Term correction continuation & firstly watch next supports one by one":-

1- Downward moves are expected in the beginning of coming week.

2- Short Term correction continuation also therefore downward moves are expected in the beginning of coming week

As was told 100% same happened and:-

1- Nifty closed 118 points down on 07-09-2026.

2- Nifty closed 123 points down on 08-09-2026.

As good good intraday selling developed on 07-09-2026 therefore Nifty slipped 95 Points in first minute after negative opening but after that whole day today trading was with Mixed Patterns formation between 23624-23710 and 4th supports(posted in previous Outlook) is between 23607-23673 also therefore firstly sustaining beyond 23607-23710 should be watched tomorrow for next intraday decisive moves begining confirmations. As immediately after opening good intraday selling was seen in the first 4 hours therefore firstly

downward moves are expected also below today lowest.

Short Term correction continuation

& firstly watch next supports

one by one

Technical Analysis,Research & Weekly

Outlook(Sep 07 to Sep 11,2026)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (04-Sep-2026):-