Watch next supports amid on 

going correction continuation

 due to escalating

 West Asia war

Technical Analysis,Research & Weekly Outlook(Mar 30 to Apr 02,2026)

Nifty-EOD Chart

Analysis (Waves structure)

Nifty-EOD Chart (27-Mar-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 22471.30 on 23-03-2026.

10- Last 6 sessions trading between 22472-23465

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 life time top 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" 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 forcefully continuation due to West Asia war escalation and no indication of its completion also on EOD charts after its recent lowest formations at 22471.30 on 23-03-2026.

Last 6 sessions trading between 22472-23465 with lower levels good supports and higher levels equally good selling. As finally sustaining beyond this last 6 sessions range will confirm next one sided bigger moves moves beginning therefore should be watched in the coming week/weeks for its confirmations.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (27-Mar-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)- 50.26 & %D(3)- 35.99.

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

4- MACD(26,12)- -957.64 & EXP(9)- -1027.42 & Divergence- 69.78

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 is suggesting more upward moves possibility in the coming week. 

2- As in MACD indicator its both MACD line and Average line are kissing in negative zone therefore it will be understood that at present this indicator is not showing clear signals of any side one sided decisive moves beginning. Let its MACD line to intersect its Average line any side clearly then that side one sided decisive moves will be seen.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (27-Mar-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 22933(Very Short Term Trend decider) 

2- 21-Day SMA is today at 23909(Short Term Trend decider) 

3- 55-Day SMA is today at 24935(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 25403

5- 200-Day SMA is today at 25244(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

As Nifty is continuously closing well below all the 3 Short Term to Long Term deciding 21-Day to 200-Day 3 SMAs for the last 19 sessions therefore these 3 Trends down now. Very Short Term Trend is now at stake because Nifty is hovering around its deciding 5-Day SMA for the last 9 sessions.

Nifty-Last 6 Sessions intraday

charts analysis

Nifty-Intra Day Chart (Mar 19 to Mar 27,2026):-

Technical Patterns formation in last 6 Sessions intraday charts

1- Selling(Resistances) in last 6 Sessions are as follows:-

A-  23358-23465

B-  23201-23351

C-  22923-22994

2- Consolidation(Supports) in last 6 Sessions are as follows:-  

A-  22630-22810

B-  22472-22583

3- Last 6 Sessions trading between 22472-23465 

Conclusions from 6 Sessions

intra day chart analysis 

Last 6 sessions trading between 22472-23465 with above mentioned lower levels good supports and higher levels above mentioned equally good selling. As finally sustaining beyond this last 6 sessions range will confirm next one sided bigger moves moves beginning therefore should be watched in the coming week/weeks for its beginning confirmations.

As whole day only intraday selling after negative opening and more than 3 hours selling in sideway trading also between 22923-22994 last Friday therefore this selling range will be immediate resistance of Nifty and until Nifty will not sustain above it after complete intraday consolidation patterns formations till then any decisive upward moves will not be seen.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is at stake.

2- Short Term Trend is is down.

3- Intermediate Term Trend is down.

4- Long Term Trend is down.

Waves structure which begun more than 3 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 at 26373.20 on 05-01-2026. Now Wave-ii of Wave-5 continuation with recent bottom formations at 22471.30 on 23-03-2026. and no indication of its completion yet on EOD charts.

Short Term to Long Term all 3 Trends have turned down during on going correction. Although Short Term indicator Stochastic is showing is showing signals of fresh upward moves beginning but another Short Term indicator MACD is not indicating any side one sided decisive moves beginning possibility. 

Although finally sustaining beyond last 6 sessions trading range(22472-23465) will confirm next one sided bigger moves moves beginning but last Friday intraday charts are suggesting that firstly downward moves will be seen towards the lowest(22472) of last 6 sessions and sustaining it beyond should be firstly watched for next bigger downward moves beginning amid escalating West Asia war. Next supports below last 6 sessions lowest are as follows:-  

1- 22271-22424

2- 21825-22021

Next resistances above last 6 sessions highest are as follows:-  

1- 23466-23618(Gap Resistances)

2- 23754-23847

3- 23932-24006

4- 24198-25302 

5- 24304-24415(Gap resistance)

6- 24545-24700

Firstly watch next 2 supports(22630-22810 & 22472-22583) which are within last 6 sessions trading range(22472-23465) and if sustains below 22472 then watch above mentioned next supports amid on going correction continuation due to escalating West Asia war.

Downward moves expectations

 towards last Wednesday lowest

Nifty-Intra Day Chart Analysis &

Market Outlook(27-03-2026)

Nifty-Intra Day Chart (25-Mar-2026):-

Technical Patterns formation in today intraday charts

1- Upward moves in first 2 hours after 152 points positive openng

2- More than 3 hours selling between 23358-23465

3- Little downward moves in last hours

4- Whole day trading between 23064-23465

Conclusions from intra day

chart analysis 

Although firstly strong upward moves after 152 points positive openng and Nifty traded 552 points up also but higher levels more than 3 hours selling was also between 23358-23465 therefore little downward moves were seen in last hours and more downward moves are expected towards last Wednesday lowest as well as:-

1- 23358-23465 will be immediate resistance of Nifty 

and 

2- Until Nifty will not sustain above it after complete consolidation till then decisive upward moves will not be seen above 23465.

and 

3- Sustaining beyond last Wednesday lowest should be watched for next intraday decisive moves beginning confirmations.

Finally sustaining beyond 22886-23057 will confirm next one sided decisive moves beginning  

Nifty-Intra Day Chart Analysis & 

Market Outlook(25-03-2026)

Nifty-Intra Day Chart (24-Mar-2026):-

Technical Patterns formation in today intraday charts

1- Down moves in Bullish Falling Channel

2- Upward moves

3- Sharp up

4- Mixed Patterns formation in last 3 hours between 22886-23057 

5- Whole day trading between 22625-23057

Conclusions from intra day chart analysis 

As in first 2 hours Down moves were in Bullish Falling Channel after strong opening therefore firstly  upward moves and after that sharp upward moves were seen from intraday lower levels . Although 1.78% strong closing but higher levels last 3 hours trading was with Mixed Patterns formation between 22886-23057 also therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about this range and finally sustaining beyond this range will confirm next one sided decisive moves beginning which should firstly watched tomorrow for its confirmations.

Watch 22741 amid upward

moves are expectations

Nifty-Intra Day Chart Analysis &

Market Outlook(24-03-2026)

Nifty-Intra Day Chart (23-Mar-2026):-

Technical Patterns formation in today intraday charts

1- 453 Points down in first minute after 243 points gap down opening.

2- Selling between 22698-22741

3- Selling between 22619-22657 

4- Support between 22472-22583

5- Whole day trading between 22472-22851

Conclusions from intra day

chart analysis 

As Trump gave 48-hour ultimatum to Iran for reopening Strait of Hormuz and high risk of US big attack on Monday night therefore firstly Nifty traded 453 Points down in first minute after 243 points gap down opening and after that more downward moves were seen as well as Nifty traded 643 down also in Mid-Session. 

Although 2 times higher levels some selling was seen but lower levels good supports also developed during whole day actual intraday trading 22472-22741 therefore upward moves are expected towards 22741 and sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

 First watch next supports during West Asia escalating war 

Technical Analysis,Research & Weekly Outlook(Mar 23 to Mar 27,2026)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (20-Mar-2026):-

Technical Patterns and Formations in EOD charts

1- Impulsive Wave-3 completion 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 at 26373.20 on 05-01-2026.

6- Corrective Wave-ii of Wave-5 continuation with recent bottom formations at 22930.30 on 19-03-2026.

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 begun from 15183.40 on 17-06-2022. Corrective Wave-A of Wave-4 of "ABC correction" started from life time top 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" completed at 21743.70 on 07-04-2025 and impulsive Wave-5 started from this level.

Impulsive Wave-i of Wave-5 completed at 26373.20 on 05-01-2026 and from this levels corrective Wave-ii of Wave-5 begun which is now forcefully continuation due to Middle-East war escalation and no indication of its completion also on EOD charts after its recent lowest formations at 22930.30 on 19-03-2026.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (20-Mar-2026):-

Technical Patterns and Formations in EOD charts

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

2- Stochastic:- %K(5)- 39.38 & %D(3)- 48.23.

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

4- MACD(26,12)- -1047.25 & EXP(9)- -891.66 & Divergence- -155.59

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 downward and its both lines are falling towards Over sold zone therefore it will be understood that this indicator has generated first signal of fresh downward moves beginning which may be seen 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 MACD indicator has confirmed Short Term downward trend formations and more downward moves possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (20-Mar-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 23377(  decider) 

2- 21-Day SMA is today at 24415(Short Term Trend decider) 

3- 55-Day SMA is today at 25178(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 25523

5- 200-Day SMA is today at 25284(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

As Nifty is continuously closing well below all the 3 Short Term to Long Term deciding 21-Day to 200-Day 3 SMAs for the last 15 sessions therefore these 3 Trends down now. Very Short Term Trend is now at stake because Nifty is hovering around its deciding 5-Day SMA for the last 5 sessions.

Nifty-Last 2 Sessions intraday

charts analysis

Nifty-Intra Day Chart (Mar 19 & Mar 20,2026):-

Technical Patterns formation in last 2 Sessions intraday charts

1- 420 points gap down and 580 Points weaker opening on 19-03-2029.

2- More than 4 hours selling between 23201-23351 on 19-03-2029.

3- Down moves in Bullish Falling Channel in last 2 hours on 19-03-2029.

4- Selling between 23231-23341 on 20-03-2029.

5- Downward moves in last hours on 20-03-2029.

Conclusions from 2 Sessions

intra day chart analysis 

As West Asia war had been completely escalated therefore all the Global markets were in crashing mode on 19-03-2029 hence sentiment was completely depressed and resultant firstly 420 points gap down and 580 points weaker opening was seen that day. Although firstly more than 4 hours selling was seen after such weaker opening but downward moves were in Bullish Falling Channel in the last 2 hours also therefore in this manner lower levels consolidation developed hence resultant 108 points positive opening was seen next day.

Although firstly upward moves after positive opening on 20-03-2026 and Nifty traded 343 points positive also but higher levels selling was seen between 23231-23341 which was within the selling range of previous session therefore downward moves were seen in the last hours that day.

As higher levels good intraday selling in last 2 sessions between 23201-23351 therefore this range  will be  immediate and strong resistances and until Nifty will not sustain above this  range after complete consolidation till then any decisive upward move will not be seen above 23351 and more downward moves are expected towards next supports below 23201 in the beginning of next week.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is at stake.

2- Short Term Trend is is down.

3- Intermediate Term Trend is down.

4- Long Term Trend is down.

Waves structure which begun more than 3 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 at 26373.20 on 05-01-2026 and now its corrective Wave-ii continuation with its recent bottom formations at 22930.30 on 19-03-2026 and no indication of its completion yet on EOD charts.

Short Term to Long Term all 3 Trends have turned down during on going correction. Short Term indicators Stochastic and MACD are showing more downward moves possibility and last 2 sessions intraday charts are also showing higher levels selling patterns formations and fresh downward moves possibility therefore corrective Wave-ii continuation is expected in the beginning of coming week and following next supports should be firstly watched one by one in the coming week for next decisive moves beginning confirmations:-

1- 22860-22923

2- 22770-22795 

3- 22469-22695(Gap Supports)

4- 22271-22424

5- 21825-22021

Although now no sign of on going West Asia escalating war completion which has entered its fourth week with intensified strikes involving Iran,Israel and the United States but if any signal of war completion emerge then upwards moves will be seen and in that situation following next resistances should be watched one by one for next decisive moves beginning confirmations:-

1- 23201-23351

2- 23379-23618(Gap Resistances)

3- 23754-23847

4- 23932-24006

5- 24198-25302 

6- 24304-24415(Gap resistance)

7- 24545-24700

Firstly watch 23201-23351 for next intraday decisive moves beginning confirmations 

Nifty-Intra Day Chart Analysis &

Market Outlook(20-03-2026)

Nifty-Intra Day Chart (19-Mar-2026):-

Technical Patterns formation in today intraday charts

1- 420 points gap down and 580 Points weaker opening

2- More than 4 hours selling between 23201-23351 (immediate Resistances)

3- Down moves in Bullish Falling Channel

4- Whole day trading between 22931-23378

Conclusions from intra day

chart analysis 

As West Asia war has been completely escalated therefore all the Global markets were in crashing mode hence sentiment was completely depressed and resultant firstly 420 points gap down and 580 points weaker opening was seen. Although firstly more than 4 hours selling after such weaker opening but downward moves were in Bullish Falling Channel in the last 2 hours also therefore lower levels consolidation will also be understood and firstly upward moves will be seen.

As more than 4 hours selling between 23201-23351 and until Nifty will not sustain above this immediate Resistance range after complete consolidation till then any decisive upward move will not be seen above it and firstly sustaining beyond 23201-23351 should be watched for next intraday decisive moves beginning confirmations.

As out of station therefore unable

 to post today(17-03-2026) Outlook. 

 All the Trends have turned 

down & Watch levels during on

 going West Asia escalating war

Technical Analysis,Research & Weekly Outlook(Mar 16 to Mar 20,2026)

Nifty-EOD Chart Analysis 

(Waves structure)

Nifty-EOD Chart (13-Mar-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 at 26373.20 on 05-01-2026.

9- Corrective Wave-ii of Wave-5 continuation with recent bottom formations at 23112.00 on 13-03-2026.

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 begun from 15183.40 on 17-06-2022. Corrective Wave-A of Wave-4 of "ABC correction" started from life time top 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" 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 forcefully continuation due to Middle-East escalation war and no indication of its completion also on EOD charts after its recent lowest formations at 23112.00 on 13-03-2026.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (13-Mar-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 in Over sold zone.

2- Stochastic:- %K(5)- 08.38 & %D(3)- 20.52.

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

4- MACD(26,12)- -919.48 & EXP(9)- -489.39 & Divergence- -430.09

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its %K(5) line has intersected %D(3) line downward and its both lines are falling in Over sold zone therefore it will be understood that this indicator is still suggesting more downward moves possibility in the coming week/weeks. Let its both lines to start upward moves above Over sold zone after %K(5) line upward intersection of %D(3) line then decisive upward 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 MACD indicator has confirmed Short Term downward trend formations and more downward moves possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (13-Mar-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 23789(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24968(Short Term Trend decider) 

3- 55-Day SMA is today at 25420(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 25648

5- 200-Day SMA is today at 25317(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

As Nifty is continuously closing well below all the Short Term to Long Term deciding all the 5-Day to 200-Day 4 SMAs for the last 10 sessions therefore all the Trends have turned down now.

Nifty-Intra Day Chart Analysis

(13-Mar-2026)

Nifty-Intra Day Chart (13-Mar-2026):-

Technical Patterns formation in today intraday charts

1- 93 Points gap down opening

2- Whole day Downward moves with upward corrections

3- Down moves in Bullish Falling Channel in last half hour

4- Whole day trading between 23112-23492

Conclusions from intra day

chart analysis 

Although firstly some upward moves after 93 points gap down opening but selling developed which remained continued through whole day Downward moves with upward corrections. As lower levels downward moves were also seen in Bullish Falling Channel in last half hour therefore lower levels some supports also will be understood in  last hour hence firstly sustaining beyond today lowest should be watched in the beginning of coming week for next Short Term moves beginning confirmations.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is 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 on going Waves structure was started more than 3 years before through its Wave-1 from 15183.40 on 17-06-2022. Now corrective Wave-ii of Wave-5 continuation with its recent bottom formations at 23112.00 on 13-03-2026 and no indication of its completion also on EOD charts. As Middle-East war has been  escalated therefore on going corrective Wave-ii of Wave-5 is moving down forcefully hence investors and traders should always remain completely cautious also.

All the Trends have turned down during on going more than 3200 points that correction which started after new life time formations on 05-01-2026. As Short term indicators are also signalling on going correction continuation possibility and at present no indication of on going correction completion therefore more downward moves may also be seen in the coming week/weeks. 

Although Nifty closed 2.06% down last Friday after higher levels selling but lower levels some supports were also seen that day therefore if Nifty succeed to sustain above last Friday lowest then upward moves will be seen towards following resistances hence in that situation sustaining them beyond should be watched one by one for next decisive moves beginning confirmations:-    

1- 23348-23409

2- 23493-23556(Gap resistance)

3- 23707-23833

4- 23923-24024

5- 24198-25302

6- 24304-24415(Gap resistance)

7- 24545-24700

Next supports below last Friday lowest are as follows which should be watched one by one for next decisive moves beginning during on going West Asia escalating war:-

1- 22860-22923

2- 22770-22795 

3- 22271-22424

4- 21825-22021

Downward moves next supports

Nifty-Intra Day Chart Analysis

& Market Outlook(13-03-2026)

Nifty-Intra Day Chart (12-Mar-2026):-

Technical Patterns formation in today intraday charts

1- Nifty traded 310 Points down in first 3 minutes after 159 points gap down opening

2- 276 Points recovery from lower levels

3- Selling between 23707-23833

3- Whole day trading between 23557-23833

Conclusions from intra day chart analysis 

Although firstly Nifty traded 310 Points down in first 3 minutes after 159 points gap down opening but after that 276 points recovery was also seen from lower levels. As higher levels good intraday selling developed in Mid-Session therefore downward moves are expected toward those next supports which have already been posted in previous Outlook one day before. 

Watch next supports amid Middle-East war in escalating situation

Nifty-Intra Day Chart Analysis &

Market Outlook(12-03-2026)

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

Technical Patterns formation in today intraday charts

1- Whole day down moves with upward corrections

2- Whole day trading between 23835-24299

Conclusions from intraday

chart analysis 

Although firstly some upward moves after negative opening but some intraday selling patterns were seen yesterday therefore Nifty could not sustain at higher levels and downward moves started. As whole day downward moves were with upward corrections therefore it will be understood that fresh intraday selling developed hence Nifty closed near the lower levels of the day.  

As Middle-East war is continuously escalating and Petroleum products crisis is being seen in our country also as well as only intraday selling patterns were seen today therefore more downward moves are expected and following next supports below today lowest should be watched in the coming sessions for next immediate decisive moves beginning confirmations.

1- 23772-23795

2- 23709-23737

3- 23572-23619

4- 23382-23424

5- 23274-23370(Strong Supports)

 Sustaining beyond today highest

 will confirm next intraday

 decisive moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(11-03-2026)

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

Technical Patterns formation in today intraday charts

1- 92 Points sharp fall in first minute after 202 points gap up and 252 points positive opening.

2- 200 Points down in first hour

3- Whole day upward moves with downward corrections

4- Whole day trading between 24080-24303

Conclusions from intra day

chart analysis 

As most Asian markets were trading with good gains today morning therefore sentiment turned boosted hence firstly 202 points gap up and 252 points positive opening was seen. Although such strong opening but could not sustain at higher levels and 92 Points sharp fall was seen in first minute and 200 Points downward moves in first hour. As after that whole day upward moves were developed with downward corrections because some intraday selling patterns were also seen therefore sustaining beyond today highest should be watched tomorrow for next intraday decisive moves beginning confirmations. 

Upward moves towards next resistances

Nifty-Intra Day Chart Analysis &

Market Outlook(10-03-2026)

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

Technical Patterns formation in today intraday charts

1- 170 Points fall in first 12 minutes after 547 points gap down opening.

2- More than 4 hours consolidation between 23698-23913

3- Upward moves in last hour

4- Whole day trading between 23698-24078

Conclusions from intra day

chart analysis 

As Middle-East war escalation news therefore all the US markets and European markets Futures were in Crashing mode and all the Asian markets were trading in deep Red zone therefore sentiment was completely depressed today morning and resultant firstly Nifty fallen 170 points after 547 points gap down opening. 

As lower levels more than 4 hours consolidation developed therefore upward moves were seen in last hour and more upward moves are expected tomorrow towards next resistances(24545-24700) and firstly sustaining it beyond should be watched tomorrow for next intraday decisive moves beginning confirmations.

Firstly watch next immediate

 supports amid escalating

 Middle-East war 

Technical Analysis,Research

 & Weekly Outlook

(Mar 09 to Mar 13,2026)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (06-Mar-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 with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-4 of "ABC" correction beginning.

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

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

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

8- Impulsive Wave-i of Wave-5 completion at 25669.30 on 30-06-2025.

9- Corrective Wave-ii of Wave-5 completion at 24337.70 on 08-08-2025. 

10- Impulsive Wave-iii of Wave-5 continuation with recent high and new life time top formations at 26373.20 on 05-01-2026.

11- Correction continuation with recent bottom formations at 24305.40 on 04-03-2026.

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 life time top 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" completed at 21743.70 on 07-04-2025 and impulsive Wave-5 begun from this level.

Impulsive Wave-i of Wave-5 completed at 25669.30 on 30-06-2025 and from this levels corrective Wave-ii of Wave-5 started which completed at 24337.70 on 08-08-2025. From this level impulsive Wave-iii of Wave-5 begun which is now in continuation with its recent high and new life time top formations at 26373.20 on 05-01-2026. Although no confirmation of Wave-iii of Wave-5 completion yet on EOD charts but that correction which started from life time top has again turned forceful in the previous week after the beginning of Middle-East war and no indication of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (06-Mar-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 towards Over sold zone.

2- Stochastic:- %K(5)- 20.57 & %D(3)- 19.99.

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

4- MACD(26,12)- -366.10 & EXP(9)- -64.84 & Divergence- -301.26

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 this indicator is still showing signals 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 negative zone therefore it will be understood that MACD indicator has confirmed Short Term downward trend formations and more downward moves possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (06-Mar-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24748(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25451(Short Term Trend decider) 

3- 55-Day SMA is today at 25620(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 25729

5- 200-Day SMA is today at 25343(Long Term Trend decider)

 

Conclusions from EOD chart

analysis (Averages)

Short Term to Intermediate Term all 3 Trends were already down and Long Term Trend has also turned down in previous week because Nifty has closed its deciding 200-Day SMA in all the 5 sessions of previous week and also has closed 893 points below it last Friday. 

Nifty-Intra Day Chart Analysis

(06-Mar-2026)

Nifty-Intra Day Chart (06-Mar-2026):-

Technical Patterns formation in today intraday charts

1- More than 5 hours selling between 24545-24700(immediate Resistances)

2- 192 Points sharp fall in last hour

3- Whole day trading between 24416-24700

Conclusions from intra day

chart analysis 

Although firstly some upward moves after negative opening last Friday but more than 5 hours selling was seen between 24545-24700 therefore 192 Points sharp fall developed in last hour. As such huge intraday selling therefore more downward moves will be seen in the coming week and until Nifty will not sustain above last Friday Friday highest(25700) after complete consolidation patterns formations till then decisive upward moves will not be seen. 

Conclusions (After putting

all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is is down.

3- Intermediate Term Trend is down.

4- Long Term Trend is down.

New Waves structure which begun more than 3 years before through its Wave-1 from 15183.40 on 17-06-2022 is now in continuation through its Wave-iii of Wave-5 with its recent high and new life time top formations at 26373.20 on 05-01-2026 and no confirmation of its completion yet on EOD charts. That deeper and sharp correction which started from life time top is now in continuation with its recent bottom formations at 24305.40 on 04-03-2026 and no of its completion also on EOD charts.

All the Trends have turned down during on going more than 2000 points correction and Short term indicators are also indicating on going correction continuation possibily as well as last Friday intraday charts patterns are also showing only intraday selling patterns also formations therefore more downward moves are expected in the coming week. 

Not only Indian Stock Markets but Global Stocks market crash was driven by escalating Middle-East war, which caused Brent crude oil prices surged from 70$ to 73$ means 32% huge jump per barrel also in the last 6 sessions. This uncertainty, particularly regarding potential disruptions to oil shipments via the Strait of Hormuz, has increased inflation fears and driven investors toward safe-haven hence remain cautious while trading in the all the Global Financial markets. Next Supports and Resistances beyond last Friday closing are as follows which should also be watched for next decisive moves begining confirmations.

As indicators are showing signals of more downward moves possibility and last Friday intraday charts have also shown complete intraday selling patterns formations therefore firstly next immediate supports below last Friday closing should be watched for next immediate Short Term moves beginning confirmations because Middle-East war is also now in escalating situation:-

1- 24312-24398

2- 24165-24305(Gap Support).

3- 24042-24139

4- 23859-23987

All the resistances above last Friday closing are as follows:-

1- 24545-24700

2- 24830-24963

3- 24990-25141

4- 25272-25350

5- 25493-25572

6- 25588-25652

7- 25718-25754

8- 25775-25820

9- 25842-25881 

10- 25947-25984

11- 26069-26108

12- 26149-26181

13- 26216-26260

14- 26329-26373

Sustaining beyond 24530-24666

 will confirm next intraday

 decisive moves beginning

Nifty-Intra Day Chart Analysis 

& Market Outlook(06-03-2026)

Nifty-Intra Day Chart (05-Mar-2026):-

Technical Patterns formation in today intraday charts

1- More than 5 hours trading with Mixed Patterns formation between 24530-24666

2- Sharp up

3- Volatility in last hour between 24713-24854

4- Whole day trading between 24530-24854

Conclusions from intra day

chart analysis 

As US Markets closed with good gains yesterday therefore most Asian markets were Bullish today morning hence resultant Nifty opened 135 points up today. Although firstly more than 5 hours trading was Mixed Patterns formation and after that sharp upward moves were also seen but Volatility developed in last hour. As technical positions reverses also during such Volatility therefore firstly sustaining beyond more than 5 hours today trading range(24530-24666) should be watched tomorrow for next intraday decisive moves beginning confirmations. 

Remain completely cautious while trading because Middle East war has been escalated and no one knows how long and up to which extent it will go on therefore high intraday volatility will also be seen and Stop Loss cutting risk will also be high. As due to any News led Upper/Lower side huge opening may also be seen any day therefore Short Term Traders should be careful while carrying forward their trading positions to next day. 

Finally sustaining beyond Long 

Term Trend decider 200-Day

 SMA(today at 25349) will

 confirm next one sided 

Long Term bigger moves

Technical Analysis,Research & Weekly Outlook(Mar 02 to Mar 06,2026)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (27-Feb-2026):-

Technical Patterns and Formations in EOD charts

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

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 at 25669.30 on 30-06-2025.

6- Corrective Wave-ii of Wave-5 completion at 24337.70 on 08-08-2025. 

7- Impulsive Wave-iii of Wave-5 continuation with recent high and new life time top formations at 26373.20 on 05-01-2026.

8- Correction completion at 24571.8 on 01-02-2026.

9- 1252.8 Points jump to 26341.2 on 03-02-2026 after Trump announcement of reducing Indian tariffs from 50% to 18%. 

10- Last 20 Sessions trading between 25373-26009 

11- Correction continuation with recent bottom formations at 25141.30 on 27-02-2026.

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 begun from 15183.40 on 17-06-2022. Corrective Wave-A of Wave-4 of "ABC correction" started from life time top 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" completed at 21743.70 on 07-04-2025 and impulsive Wave-5 started from this level.

Impulsive Wave-i of Wave-5 completed at 25669.30 on 30-06-2025 and from this levels corrective Wave-ii of Wave-5 begun which completed at 24337.70 on 08-08-2025. From this level impulsive Wave-iii of Wave-5 started which is now in continuation with its recent high and new life time top formations at 26373.20 on 05-01-2026 and no confirmation of its completion yet on EOD charts. 

As forceful correction begun from life time top therefore Nifty slipped 1801 points in only 19 sessions till the day of Union Budget 2026-27 day(01-02-2026). In the same manner 1252.8 Points powerful jump was also seen with intraday highest formations at 26341.2 on 03-02-2026 after Trump announcement of reducing Indian tariffs from 50% to 18%. Although such forceful upward moves on this Bullish news but Nifty could not sustain and Nifty slipped 555 points also in first minute and after that Nifty traded also between 25373-26009 in the previous 20 sessions but this range was so much forcefully broken down last Friday(27-02-2026) that:-

1- last Friday bottom formations was at 25141.30 and 

2- Nifty closed also 194.35 points below this range at 25178.65 same day(27-02-2026).

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (27-Feb-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 towards Over sold zone.

2- Stochastic:- %K(5)- 23.92 & %D(3)- 29.57.

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

4- MACD(26,12)- -18.50 & EXP(9)- 144.83 & Divergence- -163.33

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 downward and its both lines are falling towards Over sold zone therefore it will be understood that 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 and negative zone therefore it will be understood that MACD indicator is signalling Short Term downward trend formations and more downward moves possibility also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (27-Feb-2026):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25459(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25587(Short Term Trend decider) 

3- 55-Day SMA is today at 25716(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 25750 

5- 200-Day SMA is today at 25349(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

Although Nifty was hovering around Very Short Term to Intermediate Term Trends deciding Averages 5-Day to 55-Day 3 SMAs for the last 16 sessions therefore these 3 Trends were at stake but Nifty closed well below these 3 trends deciding Averages last Friday therefore now these 3 Averages have turned down. As Nifty has closed only one day below Long Term Trend deciding 200-Day SMA last Friday therefore this Trend is now at stake.

Nifty-Intra Day Chart Analysis

(27-Feb-2026)

Nifty-Intra Day Chart (27-Feb-2026):-

Technical Patterns formation in today intraday charts

1- 102 Points down in first minute after negative opening

2- Down moves with upward corrections

3- More than 5 hours selling between 25272-25350(immediate Resistances)

4- 166 Points sharp fall after 3.00 PM 

5- Whole day trading between 25142-25476

Conclusions from intra day chart analysis 

As Dow Jones Futures was trading more than 300 points down last Friday morning therefore firstly Nifty slipped 102 Points in first minute after negative opening last Friday. After such sharp fall firstly downward moves were seen with upward corrections and after that more than 5 hours trading was with intraday selling patterns formations therefore again 166 Points sharp fall developed after 3.00 PM.   

It is very much clear from last Friday intraday charts analysis that good intraday selling was seen above 25272 and more downward moves can not be ruled out in the coming week. As Very Short Term indicators have turned Over sold after last week downward moves therefore a relief rally/some upward moves may also be seen but until complete consolidation will not develop till then Nifty will not be able to sustain above 25272.

Conclusions (After putting

all studies together)

1- Very Short Term Trend is down.

2- Short Term Trend is is down.

3- Intermediate Term Trend is down.

4- Long Term Trend is at stake.

Impulsive Wave-iii of Wave-5 of that Waves structure is now in continuation with its recent high and new life time top formations at 26373.20 on 05-01-2026 of which Wave-1 started more than 3 years before from 15183.40 on 17-06-2022. That Short Term Correction which begun from life time top was completed on Budget 2026-27 day(01-02-2026) after its bottom formations at 24571.8 on 01-02-2026.. Although Nifty jumped 1252.8 Points on 03-02-2026 after Trump announcement of reducing Indian tariffs from 50% to 18% but Nifty could not sustain and correction started which is now continuation with its recent bottom formations at 25141.30 on 27-02-2026 and no indication of its completion yet on EOD and intraday charts.

As Short Term indicators are signalling of on going Short Term correction continuation possibility and Very Short Term to Intermediate Term Trends have also tured down as well as last Friday intraday charts patterns formations are showing only intraday selling patterns formations therefore on going Short term Correction may remain continued in the coming week. 

Long Term Trend is now at stake and firstly sustaining beyond its decider 200-Day SMA(today at 25349) should be watched in the coming week/weeks for its upward/downward formation confirmations because due to following reasons some upward moves may be seen in the beginning of coming week:-

1- India’s real GDP grew at a robust 7.8% in the October–December quarter of 2025-26, compared to 7.4% in the corresponding period a year earlier. As this positive news data was released after the closure of last Friday market therefore Indian Stock markets will firstly react through upward moves in the beginning of next week.

2- Very Short Term indicators have turned Over sold after last week downward moves therefore a relief rally/some upward moves possibility can not be ruled out.

As last 20 Sessions trading range(25373-26009) has been forcefully broken down last Friday after more than 5 hours selling was below this range between 25272-25350 and Long Term Trend decider 200-Day SMA(today at 25349) is also lying within this range therefore finally sustaining beyond this range(25272-25350) will confirm the fate of Long Term Trend and next one sided bigger moves beginning acoording to its sustaining beyond upper side or lower side. Next resistances and supports beyond last Friday closing(25178.65) are as follows which should be watched one by one in the coming week/weeks according to Nifty sustaining it beyond.

All the resistances above last Friday closing(25178.65) are as follows:- 

1- 25272-25350

2- 25493-25572

3- 25588-25652

4- 25718-25754

5- 25775-25820

6- 25842-25881 

7- 25947-25984

8- 26069-26108

9- 26149-26181

10- 26216-26260

11- 26329-26373

Next supports below last Friday closing(25178.65) are as follows:- 

1- 25109-25141(Gap supports)

2- 24680-24924

3- 24619-24975