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in which Nifty & Indian Stock Markets Outlooks 
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"more than 10,000 Daily & Weekly accurate 
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Just watch sustaining beyond
24026 amid firstly downward
 moves expectations
Technical Analysis,Research & Weekly
Outlook(Aug 24 to Aug 28,2026)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (21-Aug-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 continuation with recent top formations at 24774.30 on 03-08-2026.
11- Short Term correction continuation with recent bottom formations at 24025.70 on 19-08-2026.
12- Last 94 sessions trading between 23071-24774 after 701 points gap up opening on 08-04-2026.

Conclusions from EOD chart
analysis(Waves structure)

Corrective Wave-C of "ABC correction" of previous waves structure completed at 15183.40 on 17-06-2022 and from this level Impulsive Wave-1 of new Waves structure started. Its 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-3 started 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" 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 begun started 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 is now in continuation with its recent top formations at 24774.30 on 06-08-2026 and no confirmation of its completion yet on EOD charts. Short Term correction which begun from 24774.30 is now in continuation with its recent bottom formations at 24025.70 on 19-08-2026 and no confirmation of its completion also on EOD Charts.

As US President Donald Trump suddenly announced ceasefire of Middle East war therefore 701 Points gap up opening was seen on 08-04-2026 and since then Nifty is trading between 23071-24774 for the last 94 sessions. It is clear that Nifty is preparing for next bigger one sided moves within this range and let Nifty to sustain beyond this 94 sessions trading range then that side such bigger one sided moves will be seen.

Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (21-Aug-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)- 44.99 & %D(3)- 25.84.
3- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive & negative zone.
4- MACD(26,12)- -04.19 & EXP(9)- 167.24 & Divergence- -171.43

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 from Over sold zone therefore it will be understood that this indicator has shown first signal of Short Term upward moves beginning possibility.
2- As in MACD indicator its MACD line has intersected Average line downward and its both lines are falling in positive & negative zone therefore it will be understood that this indicator is suggesting that fresh downward moves may be seen after Short Term downward Trend formations.

Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (21-Aug-2026):-
Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24201(Very Short Term Trend decider) 
2- 21-Day SMA is today at 24342(Short Term Trend decider) 
3- 55-Day SMA is today at 24095(Intermediate Term Trend decider) 
4- 100-Day SMA is today at 23943 
5- 200-Day SMA is today at 24687(Long Term Trend decider) 
 
Conclusions from EOD chart
analysis (Averages)

Although Nifty tested Long Term Trend decider 200-Day SMA on 03-08-2026 but dowmward moves started from this level and Nifty slipped 748 points from this levels in the last 15 sessions therefore Long Term Trend is confirmly down.  Nifty hovering around Very Short Term,Short Term and Intermediate Term Trends deciding 5-Day,21-Day and 55-Day SMAs for the last 6 sessions therefore these 3 Trends are now at stake.

Nifty-Intra Day Chart Analysis
(21-Aug-2026)
Nifty-Intra Day Chart (21-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 68 Points down in first 6 monutes after 52 points positive opening
2- More than 6 hours trading with selling patterns formations between 24227-24266
3- Whole day actual trading between 24206-24284

Conclusions from intra day chart analysis 

Although 52 points positive opening last Friday but firstly 68 Points down in first 6 monutes and after that more than 6 hours trading was with selling patterns formations between 24227-24266 therefore downward moves are expected below last Friday lowest and towards next supports below it also.

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 at Stake.
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 begun 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 24025.70 on 19-08-2026 and no confirmation of its cpomplrtion yet on EOD Charts.

As there is complete uncertainty and confusion regarding Middle East war escalation or De-escalation possibility with status of the vital Strait of Hormuz also therefore Crudeoil is trading above and below $100 per Barrel since long hence Nifty turned sideways and tradinng for the last 94 sessions between 23071-24774. In fact Indian Stock markets are waiting for the final conclusion of US-Iran war then it will trade and sustain above or below last 94 sessions trading range. 

Indian Stock markets are sideways for the last 94 sessions therefore:-

1- 5-Day,21-Day and 55-Day SMAs and not showing any side clear Trend formations. 
2- Both Short Term indicators Stochastic and MACD are not showing one sided moves beginning signals.

As last Friday intraday charts are showing 6 hours trading with selling patterns formations between 24227-24266 therefore expected that firstly downward moves will be seen towards following next supports in the beginning of coming week:-

1- 24185-24227
2- 24173-24184(Gap Supports)
3- 24026-24077

As 24026 is the bottom of on going Short Term correction therefore firstly sustaining it beyond should be watched amid firstly downward moves expectations in the coming week:-

For following next supports below 24026:-

1- 23960-24025
2- 23901-23957
3- 23824-23891(Gap Supports)
4- 23743-23823
5- 23607-23673

For following next resistances above 24026:-

1- 24227-24266
2- 24332-24356
3- 24451-24472
4-  24575-24677
Posted by at
Finally sustaining beyond 
24185-24251 will confirm next 
intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
MarketOutlook(21-08-2026)
Nifty-Intra Day Chart (20-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 52 Points gap up and 146 points positive opening
2- More than 3 hours consolidation between 24185-24227
3- Sharp up
4- More than 2 hours selling between 24230-24251
5- Whole day actual trading between 24185-24265

Conclusions from intra day chart analysis 

As more than 5 hours consolidation Patterns formations yesterday therefore firstly 52 points gap up and 146 points positive opening was seen today. Although after such strong opening firstly more than 3 hours consolidation and sharp upward moves in Mid-Session also but higher levels more than 2 hours selling also therefore;-

1- Most time today trading between 24185-24251 will be understood with Mixed Patterns formations within this range 
and 
2- Nifty will firstly trade and prepare for next decisive moves tomorrow within and near about this range
as well as 
3- Finally sustaining beyond 24185-24251 will confirm next intraday decisive moves beginning.
Posted by at
Upward moves expectations towards
 today highest
Nifty-Intra Day Chart Analysis &
Market Outlook(20-08-2026)
Nifty-Intra Day Chart (19-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 87 Points down in first 30 minutes after flat opening 
2- More than 5 hours consolidation Patterns formation between 24026-24077
3- Whole day actual trading between 24026-24172

Conclusions from intra day chart analysis 

Although firstly 87 points downward moves in first 30 minutes after flat opening but after that more than 5 hours consolidation Patterns formation between 24026-24077 therefore upward moves are expected towards today highest(24172) and finally sustaining beyond today highest should be watched tomorrow for next intraday decisive moves beginning confirmations.
Posted by at
Sustaining beyond 24176-24233
 will confirm next intraday 
decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(19-08-2026)
Nifty-Intra Day Chart (18-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 85 Points down in first minute after 63 points weaker opening
2- Down moves with upward corrections
3- 5 Hours trading with volatility between 27176-24233
4- Whole day actual trading between 24155-24269

Conclusions from intra day chart analysis 

As higher levels good intraday selling was seen yesterday therefore firstly 85 points down in first minute after 63 points weaker opening and after that down moves were seen with upward corrections which is an intraday selling pattern. Although today closing was .55% down today but last 5 hours today trading was with volatility between 27176-24233 and intraday trading changes also during such volatility therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.
Posted by at
 As not feeling well therefore could not post "previous 2 sessions" & "this week weekly outlook" but will be able to begin posting again from "tomorrow Outlook".
Posted by at
Firstly watch 2 supports amid US-Iran war escalation signals today
Post-open Outlook(14-08-2026)

US-Iran war escalation signals from following news flow today morning:-

US Iran War News Live Updates: 'Will rotate ships in and out' - US says Iran naval blockade could continue 'indefinitely'
Aug 14, 2026, 09:16:45 IST

News Link:-


U.S. Sending Fresh Aircraft Carrier to Middle East Amid Iran War Strain

News Link:-


Iran Reveals New War Plan Against U.S. 

News Link:-


As above US-Iran war news are showing singnals of war escalation and next 2 holidays also therefore most Asian markets are trading in negative zone and Hang Sang is trading more then than !% down therefore some weakness is being seen in Indian markets also. 

Consolidation was sen between 24312-24354 yesterday and next supports just below it are between 24266-24302 therefore firstly sustaining beyond these 2 supports levels should be watched amid US-Iran war escalation signals today.
Posted by at
upward moves are expected toward
 next resistances 
Nifty-Intra Day Chart Analysis &
Market Outlook(14-08-2026)
Nifty-Intra Day Chart (13-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 87 Points down in first 3 minutes
2- Consolidation between 24312-24354
3- Sharp up
3- Down moves in Bullish Falling Channel
3- Whole day actual trading between 24312-24431

Conclusions from intra day chart analysis 

Live proofs of our Levels 
& analysis accuracy 


downward moves are expected 
towards 24302

As was told 100% same happened and:-

Downward moves were seen 
towards 24302 and today lowest 
was formed at 24311.40 

Although firstly 87 points down in first 3 minutes after positive opening but lower levels consolidation developed in the next 3 hours therefore sharp upward moves were seen in Mid-Session. As downward moves were seen in Bullish Falling Channel in the last more than 3 hours therefore upward moves are expected toward next resistances (24596-24627).
Posted by at
Sustaining beyond immediate
 supports range will confirm next
 intraday decisive moves beginning
amid downward moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(13-08-2026)
Nifty-Intra Day Chart (12-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 76 Points down in first 3 minutes
2- Down moves with upward corrections in first 2 hours
3- Consolidation in Mid-Session between 24266-24302(immediate supports)
4- Up moves in Bearish Rising Channel in last hour
5- Whole day actual trading between 24266-24473

Conclusions from intra day chart analysis 

Although firstly 76 Points downward moves in first 3 minutes and after that down moves were with upward corrections also in first 2 hours but lower levels consolidation developed in Mid-Session between 24266-24302 therefore this range will be immediate supports of Nifty. As Upward moves were seen in Bearish Rising Channel in last hour and it is an intraday selling pattern and intraday seling patterns was seen in first 2 hours also therefore downward moves are expected towards 24302 and finally sustaining beyond today immediate supports range(24266-24302) should be watched tomorrow for next intraday decisive moves beginning confirmations. Until Nifty will not sustain below today lowest(24266) after complete intraday selling patterns formations till then decisive downward moves will not be seen because good intraday consolidation was seen above today lowest in Mid-Session.  
Posted by at
Sustaining beyond 24430-24472 will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(12-08-2026)
Nifty-Intra Day Chart (11-Aug-2026):-
Technical Patterns formation in today intraday charts

1- 75 Points down in first 2 minutes
1- More than 4 hours trading sideways trading within 42 points between 24430-24472
3- Whole day actual trading between 24430-24576

Conclusions from intra day chart analysis 

Although firstly 75 points downward moves in first 2 minutes but after that more than last 4 hours sideways trading was within 42 points between 24430-24472 and one sided intraday trading patterns were not seen within this range therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.
Posted by at
Sustaining beyond 24428-24677 will
 generate first strong signal of next
 decisive bigger moves beginning
Technical Analysis,Research & Weekly
Outlook(Aug 10 to Aug 14,2026)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (07-Aug-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- Previous 79 sessions trading range(23071-24601) broken out on 03-08-2026.
8- Pull Back Rally continuation with recent top formations at 24774.30 on 06-08-2026.
9- Last 5 Sessions actual trading between 24428-24677.

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 begun from the bottom of corrective Wave-ii of Wave-5 which is now in continuation with its recent top formations at 24774.30 on 06-08-2026 and no confirmation of its completion yet on EOD charts.

Nifty traded in the previous 79 sessions of last week between 23071-24601 and in all the 5 sessions of last week Nifty hovered around 24601 and actually traded between 24428-24677. As previous week closing was between previous 79 sessions trading range at 24570.65 therefore firstly sustaining beyond last 5 sessions trading range(24428-24677) should be watched in the coming week because:-

1- Sustaining above 24677 will generate bigger upward moves after previous 79 sessions like bigger range broken out confirmations above 24601.  
2- Sustaining below 24428 will mean invalid break out above 24601 in previous week and fresh selling above and below it therefore decisive downward moves will be seen towards the lowest(23071) of previous 79 sessions trading range.

Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (07-Aug-2026):-
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)- 62.19 & %D(3)- 72.94.
3- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive zone.
4- MACD(26,12)- 236.40 & EXP(9)- 44.32 & Divergence- 192.08

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 from Over bought zone therefore it will be understood that this indicator is signalling Short Term Downward moves beginning possibility.
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 suggesting that fresh upward moves will be seen after Short Term upward Trend formations.

Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (07-Aug-2026):-
Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24644(Very Short Term Trend decider) 
2- 21-Day SMA is today at 24346(Short Term Trend decider) 
3- 55-Day SMA is today at 23971(Intermediate Term Trend decider) 
4- 100-Day SMA is today at 23834
5- 200-Day SMA is today at 24764(Long Term Trend decider) 
 
Conclusions from EOD chart
analysis (Averages)

Although Nifty tested Long Term Trend decider 200-Day SMA on 03-08-2026 but Nifty closed below it in all the last 5 sessions of previous week therefore it will be understood that Long Term Trend is now at stake. As Nifty has closed well above  Short Term and Intermediate Term Trends deciding 21-Day and 55-Day SMAs in the last 5 sessions of previous week therefore these 2 Trends are now up but Very Short Term Trend is also at Stake now because Nifty is hovering around its decider 5-Day SMA for the last 4 sessions.

Nifty-Last 5 Sessions intraday
charts analysis
Nifty-Intra Day Chart (Aug 03 to Aug 07,2026):-
Technical Patterns formation in last 5 Sessions intraday charts

1- Selling(Resistances) in last 5 Sessions are as follows:-
A-  24596-24627
B-  24575-24648
C-  24634-24677
2- Consolidation(Supports) in last 5 Sessions are as follows:-
A- 24527-24556
B- 24498-24547
C- 24428-24497
3- Last 5 Sessions actual trading between 24428-24677. 

Conclusions from 5 Sessions
intra day chart analysis 

Before previous week last 79 sessions trading was between 23071-24601 and Nifty hovered around 24601 in all the 5 sessions of previous week with above mentioned supports and resistances between 24428-24677. As Nifty closed last Friday within 79 sessions trading range(23071-24601) at 24570.65 therefore expected Nifty will firstly trade within last 5 sessions actual trading range(24428-24677) and prepare for next decisive moves beyond this range.   

It should be kept in mind that once sustaining above last 5 sessions trading highest(24577) will mean break out confirmation of previous 79 sessions trading range(23071-24601) which will generate bigger upward moves. As on the contrary break down confirmation of last 5 sessions trading range after sustaining below 24428 will mean decisive downward moves beginning confirmation also  therefore firstly sustaining beyond last 5 Sessions range(24428-24677) should be watched in the coming week for next bigger one sided decisive moves beginning confirmations.

Conclusions (After putting
all studies together)

1- Very Short Term Trend is at Stake.
2- Short Term Trend is Up.
3- Intermediate Term Trend is Up.
4- Long Term Trend is at Stake..

Waves structure which started 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 begun from this level which is now in continuation with recent top formations at 24774.30 on 06-08-2026 and no confirmation of its completion also.

Although Short Term indicator MACD is signalling upward moves beginning possibility but another Short Term indicator Stochastic is indicating downward moves continuation possibility  therefore it will be understood that Short Term indicators are not showing clear signals of one sided bigger moved beginning because Nifty is trading sideways firstly in previous 79 sessions and secondly in the last 5 sessions of previous week.

Short Term and Intermediate Term Trends are now up and firstly sustaining beyond last 5 sessions actual trading range(24428-24677) will generate first strong signal of next decisive bigger moves beginning as well as next Trend formations also therefore supports and resistances within this range has been updated above which should be firstly watched in the coming week for next signals of one sided decisive moves beginning.
Posted by at
Downward moves towards next Supports
Nifty-Intra Day Chart Analysis &
Market Outlook(07-08-2026)
Nifty-Intra Day Chart (06-Aug-2026):-
Technical Patterns formation in today intraday charts

1- Whole day sideways trading with selling patterns indications between 24605-24677.
2- Whole day actual trading between 24605-24677.

Conclusions from intra day
chart analysis

Live proofs of our Levels 
& analysis accuracy 

Following lines were told at 12:29 AM on 06-08-2026 in "Upward moves towards 24677":-

Upward moves are expected towards 24677 and firstly sustaining it beyond should be watched tomorrrow

As was told 100% same happened and:- 

1- Upward moves were seen towards and exactly upto 24677
2- Tuday highest was at 24677.05.

As whole day sideways trading with selling patterns indications between 24605-24677 today therefore firstly downward moves are expected towards next supports(24498-24547) tomorrow and firstly sustaining beyond this supports range should be watched tomorrow for next intraday decisive moves beginning confirmations. 
Posted by at
Upward moves towards 24677
Nifty-Intra Day Chart Analysis &
Market Outlook(06-08-2026)
Nifty-Intra Day Chart (05-Aug-2026):-
Technical Patterns formation in today intraday charts

1- Volatility in first 2 hours between 24564-24663
2- Downward moves in Mid-Session
3- Consolidation in last 3 hours between 24498-24547
4- Whole day actual trading between 24498-24677

Conclusions from intra day chart analysis 

Although firstly volatility in first 2 hours and after that downward moves were also seen in Mid-Session but consolidation developed in last 3 hours between 24498-24547 therefore:-

1- Upward moves are expected towards 24677 and firstly sustaining it beyond should be watched tomorrrow for next intraday decisive moves beginning confirmations.
2- 24498-24547 will be immediate supports of Nifty and until Nifty will not sustain below it after complete intraday selling till then next decisive downward moves will not be seen.
Posted by at
Finally sustaining beyond 24428-24648 will generate next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis & 
Market Outlook(05-08-2026)
Nifty-Intra Day Chart (04-Aug-2026):-
Technical Patterns formation in today intraday charts

1- Selling in first 2 hours between 24575-24648
2- Downward moves
3- Consolidation in last 3 hours between 24428-24497
4- Whole day trading between 24428-24703

Conclusions from intra day chart analysis 

Although firstly selling in first 2 hours and downward moves were also seen in Mid-Session but lower levels consolidation developed in the last 3 hours therefore expected that Nifty will firstly trade and prepare for for next decisive moves between and near about 24428-24648 as well as finally sustaining beyond this range will generate next intraday decisive moves beginning.
Posted by at
Sustaining beyond 24575-24608 will confirm next intraday decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(04-08-2026)
Nifty-Intra Day Chart (03-Aug-2026):-
Technical Patterns formation in today intraday charts

1- Up moves with downward corrections
2- More than 5 hours sideways trading between 24575-24608
3- Whole day trading between 24516-24774

Conclusions from intra day chart analysis 

As Trump cancels strikes on Iran and all of a sudden taken a big U-Turn therefore firstly 143 points gap up opening and after that upward moves with downward corrections were seen therefore Nifty traded above the top of last 79 sessions trading range(24601) in first 6 hours. Although all of a sudden big jump was seen in last minute but more than 5 hours sideways trading was seen between 24575-24608 therefore firstly sustaining beyond this range should be watched tomorrow for next next intraday decisive moves beginning confirmations because selling patterns were also seen within this range despite 1.60% positive today closing. 
Posted by at
Strong rally after Trump announcement 
of strikes cancellation on Iran
Mid-session Outlook(03-08-2026)

Trump cancels strikes on Iran, says talks to resume: Decoding the big U-turn by the US president

Aug 03, 2026, 08:54:21 IST

US President Donald Trump has made quite a few aggressive threats against Iran only to walk back on some of them. The latest instance came late last week. Last Friday (July 31), the American leader vowed to hit the Islamic Republic “very hard”. Later on Sunday (August 2), he announced that “we have just been asked by Iran, and other Middle Eastern Countries, to hold off any attack”, claiming that “the perimeters of a deal have been agreed to”.

Above News Link:-


As most positive above news on US-Iran came in the morning today therefore Dow Jones Futures was trading more than 270 points up and resultant Nifty opened 189 points up and since then upward moves are continued. 

Now only sustaining beyond last 79 sessions trading range highest(24601) should be watched because once sustaining above it will generate strong rally beginning towards life time top after valid break out of last 79 sessions like bigger trading range.
Posted by at
Firstly downward moves & finally sustaining beyond last 79 sessions trading range will generate next bigger one sided moves
Technical Analysis,Research & Weekly
Outlook(Augl 03 to Aug 07,2026)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (31-Jul-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 completion at 24601.70 on 21-04-2026.
11- Correction continuation with recent bottom formations at 23070.20 on 08-06-2026 and Pull Back Rally beginning from this level.
12- Last 79 sessions trading between 23071-24601 after 701 points gap up opening on 08-04-2026.
13- Last 34 sessions trading between 23607-24530 after 172 points gap up opening on 15-06-2026.

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 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 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 the bottom of corrective Wave-ii of Wave-5 and 3 sessions after its beginning 701 points gap up opening was seen on 08-04-2026 because US President Donald Trump suddenly announced ceasefire of Middle East war. Since then Nifty is trading within 1530 points between 23071-24601 for the last 79 sessions because there was complete confusion regarding Middle East war escalation or De-escalation possibilities.

As US and Iran war ending MoU signing news came on 15-06-2026 therefore 172 points gap up opening was seen on that day and US and Iran both signed MoU also to end War on 17-06-2026 but again war has been started and some news of war ending are also coming therefore Nifty has turned sideways between 23607-24530 for the last 34 sessions. As such longer periods of 2 sideways trading ranges(79 sessions & 34 sessions) therefore it is clear that finally sustaining beyond or valid break out/down of these 2 sideways trading ranges will generate next one sided bigger decisive.

Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (31-Jul-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 bought zone.
2- Stochastic:- %K(5)- 94.35 & %D(3)- 84.94.
3- In MACD- MACD line has intersected Average line downward and its both lines are falling in negative zone.
4- MACD(26,12)- -38.78 & EXP(9)- -5.73 & Divergence- -33.05

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 therefore it will be understood that this indicator is suggesting Short Term Downward moves may begin therefore remain cautious. Let its %K(5) line to intersect %D(3) line downward and to move below Over bought zone line then decisive downward moves will be seen 
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 has shown clear signals of downward Trend formations and fresh downward moves beginning possibility also.

Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (31-Jul-2026):-
Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24186(Very Short Term Trend decider) 
2- 21-Day SMA is today at 24138(Short Term Trend decider) 
3- 55-Day SMA is today at 23881(Intermediate Term Trend decider) 
4- 100-Day SMA is today at 23816
5- 200-Day SMA is today at 24778(Long Term Trend decider) 
 
Conclusions from EOD chart analysis
(Averages)

As Nifty has closed well above Very Short Term, Short Term and Intermediate Term Trends deciding 5-Day, 21-Day and 55-Day SMAs in the last 3 sessions of previous week therefore these 3 Trends are now up but Long Term Trend is still down because Nifty is continuously closing well below its decider 200-Day SMA for the last more than 4 months. 

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 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 begun 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 24601.70 on 21-04-2026 and correction started from this level which is now in continuation also with its recent bottom formations at 23070.20 on 08-06-2026.

Nifty turned sideways and has traded in the last 79 sessions between 23071-24601 because there was complete uncertainty regarding Middle East war escalation or De-escalation possibility. Nifty is trading sidewaysfor the last 34 sessions between 23607-24530 which is within the last 79 sessions trading range also therefore firstly sustaining beyond these 2 sideways trading range shoud be watched one by one for next decisive moves finally beginning beyond 23071-24601.

Although Very Short to Intermediate Term 3 Trends are now up but Long Term Trend is still down which will be up after sustaining above its decider 200-Day SMA which is today at 24778 and once sustaining above last 79 sessions highest(24601) will mean high possibility of Long Term Trend turning up also because it is now only 177 points below Long Term Trend decider 200-Day SMA. 

Short Term indicator MACD has shown clear signals of downward Trend formations and fresh downward moves beginning possibility also and another Short Term indicator Stochastic is also telling that Short Term correction is on cards therefore firstly next suports within last 34 sessions trading range should be watched for the life and length of correction:-

1- 24207-24268
2- 24042-24136(Gap Support)
3- 23960-24038
4- 23743-23823
5- 23607-23673

Next resistance above last Friday closing should be watched after fresh upwardmoves beginning:-

1- 24387-24453
2- 24533-24579
3- 24596-24700
4- 24830-24963
5- 24990-25141

Firstly watch next supports amid some downward moves expectations & finally sustaining beyond last 79 sessions trading range will generate next bigger one sided moves.
Posted by at
 Sustaining above 24298 will mean 
strong rally beginning after
 positive zone trading
Nifty-Intra Day Chart Analysis &
Market Outlook(31-07-2026)
Nifty-Intra Day Chart (30-Jul-2026):-
Technical Patterns formation in today intraday charts

1- More than 6 hours trading with consolidation patterns indications between 24222-24298
2- Whole day trading between 24188-24342

Conclusions from intra day chart analysis 

Following lines were told at 11:38 PM on 29-07-2026 in "Sustaining beyond 24237-24283will confirm next intraday decisive moves beginning":-

As volatility was also seen between in last 2 hours between 24237-24283 therefore firstly sustaining beyond this range should be watched tomorrow
Sustaining beyond 24237-24283 should be watched tomorrow was told and Nifty traded more than 6 hours within and near about this range between 24222-24298. As this more than 6 hours trading was with consolidation patterns indications between 24222-24298 expected that Nifty will firstly trade in positive zone above this range and once confirmation of sustaining above it(24298) will mean strong rally beginning.
Posted by at
Sustaining beyond 24237-24283
 will confirm next intraday
 decisive moves beginning
Nifty-Intra Day Chart Analysis &
Market Outlook(30-07-2026)
Nifty-Intra Day Chart (29-Jul-2026):-
Technical Patterns formation in today intraday charts

1- Up moves with downward corrections
2- Consolidation between 24207-24249 
3- Volatility in last 2 hours between 24237-24283
4- Whole day trading between 24137-24283

Conclusions from intra day
chart analysis 

Although firstly 39 points downward moves after 135 points gap up opening but after that up moves were with downward corrections and consolidation was seen in Mid session also therefore upward moves remained continued till 3:00 PM and Nifty traded 298 points up also. As volatility was also seen between in last 2 hours between 24237-24283 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations because technical positions changes fast during such volatility.
Posted by at
 Upward moves towards next resistances
Nifty-Intra Day Chart Analysis &
Market Outlook(29-07-2026)
Nifty-Intra Day Chart (28-Jul-2026):-
Technical Patterns formation in today intraday charts

1- Whole day trading with intraday consolidation patterns formations between 23960-24038
2- Whole day trading between 23955-24041

Conclusions from intra day chart analysis 

Although firstly weaker opening and finally in the last negative zone closing also but whole day trading was with intraday consolidation patterns formations therefore upward moves are expected towards following next resistances in the coming sessions:-

1- 24161-24194
2- 24208-24241
Posted by at
Finally sustaining beyond last Friday
 trading range will confirm next 
one sided decisive moves beginning
 after upward moves
Nifty-Intra Day Chart Analysis & 
Market Outlook(27-07-2026)
Nifty-Intra Day Chart (24-Jul-2026):-
Technical Patterns formation in today intraday charts

1- Downward moves after more than 200 points weaker opening.
2- Consolidation between 23607-23673
3- Sharp up
4- Consolidation between 23743-23823
5- Whole day trading between 23607-23823

Conclusions from intra day chart analysis 

Although firstly downward moves after more than 200 points weaker opening but lower levels consolidation was seen in first 2 hours therefore sharp upward move developed in Mid Session. As higher levels again consolidation was also seen in the last 3 hours therefore expected that firstly upward moves will ben seen in the beginning of coming week and finally sustaining beyond last Friday trading range(23607-23823) will confirm next one sided decisive moves beginning in the coming week.
Posted by at
Watch next supports amid downward
 moves expectations
Nifty-Intra Day Chart Analysis &
Market Outlook(24-07-2026)
Nifty-Intra Day Chart (23-Jul-2026):-
Technical Patterns formation in today intraday charts

1- Upward moves after 91 points negative opening
2- Selling between 27936-23886
3- Sharp fall
4- Selling between 23845-23889
5- Whole day trading between 23808-23990

Conclusions from intra day chart analysis 

Although firstly upward moves after 91 points negative opening but higher levels selling developed therefore sharp fall was seen in Mid-Session. As again follow up selling in last hours therefore it will be understood that most time intraday selling was seen today hence resultant downward moves are expected towards next supports(23646-23785) in the coming session. 

As supports between supports 23646-23785 are gap supports and 23785 is the lowest of last 28 sessions trading range also therefore firstly sustaining beyond  23785 should be watched. It Nifty sustain below it then finally 23646 should be watched because its valid break down will confirm last 28 sessions trading range breaking down confirmation also and it will confirm first strong signal of deeper correction beginning.
Posted by at
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