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which is updating Nifty & Indian Stock Markets
"Daily and Weekly accurate Outlooks" 
with "Intraday Charts Analysis"for the 
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For its live Proofs just see "Archive"
in the "bottom of this Website".
Firstly watch 20865-21000 for next one sided decisive moves amid Short Term correction beginning expectations
Technical Analysis,Research & Weekly Outlook
(Dec 11 to Dec 15,2023)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (08-Dec-2023):-
Technical Patterns and Formations in EOD charts

1- Corrective Wave-C of "ABC correction" completion at 15183.4 on 17-06-2022 and Impulsive Wave-1 of new Waves structure beginning.
2- Impulsive Wave-1 completion at 18096.2 on 15-09-2022.
3- Corrective Wave-2 completion at 16747.7 on 30-09-2022.
4- Impulsive Wave-(i) of Wave-3 completion at 18887.6 on 01-12-2022.
5- Corrective Wave-(ii) of Wave-3 completion at 16828.3 on 20-03-2023.  
6- Impulsive Wave-(iii) of Wave-3 completion at 20222.45 on 15-09-2023 and Wave-A of "ABC" correction beginning.
7- Wave-A of Wave-(iv) of Wave-3 completion at 19333.6 on 04-10-2023.
8- Wave-B of Wave-(iv) of Wave-3 completion at 19849.8 on 17-10-2023.  
9- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(v) of Wave-3 beginning. 
10- Impulsive Wave-(v) of Wave-3 continuation for the last 25 sessions with its recent high and new life time top formations at 21006.10 on 08-12-2023.

Conclusions from EOD chart analysis
(Waves structure)

Corrective Wave-C of "ABC correction" of previous Waves structure completed at 15183.4 on 17-06-2022 and Impulsive Wave-1 of new Waves structure started which  completed at 18096.2 on 15-09-2022. Its corrective Wave-2 completed at 16747.7 on 30-09-2022 and Impulsive Wave-3 begun which is at present in continuation.

Impulsive Wave-3 has been divided into 5 sub-waves in which "ABC" correction of Wave-(iv) of Wave-3 was also seen.  Now impulsive Wave-(v) of Wave-3 is in continuation for the last 25 sessions with its recent high and new life time top formations at 21006.10 on 08-12-2023 and no confirmation of its completion yet on EOD and intraday charts.

Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (08-Dec-2023):-
Technical Patterns and Formations in EOD charts

1- Stochastic- Its both lines %K(5) & %D(3) are kissing in the Over bought zone
2- Stochastic:- %K(5)- 94.09 & %D(3)- 96.18.
3- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive zone.
4- MACD(26,12)- 574.41 & EXP(9)- 409.51 & Divergence- 164.9

Conclusions from EOD chart analysis
(Stochastic & MACD)

Position of Short Term indicators are as follows:-

1- As in Stochastic its both lines %K(5) & %D(3) are kissing in Over bought zone therefore it has generated first signal of Short Term correction beginning 
2- As in MACD indicator its MACD line has intersected Average line upward and its both lines are rising in positive zone therefore confirming upward trend formations and on going Rally continuation possibility. 

Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (08-Dec-2023):-
Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 20870 
2- 21-Day SMA is today at 20027
3- 55-Day SMA is today at 19697
4- 100-Day SMA is today at 19664
5- 200-Day SMA is today at 18891

Conclusions from EOD chart analysis
(Averages)

As Nifty is well above all the Short,intermediate and Long Term averages and all the Shorter Term Averages are above in comparison to their Longer Term Averages therefore showing good strength on Indian markets and confirming all the Trend turning up.

Nifty-Intra Day Chart Analysis
(08-Dec-2023)
Nifty-Intra Day Chart (08-Dec-2023):-
Technical Patterns formation in today intraday charts

1- Selling between 20960-21006
2- Down moves
3- Consolidation between 20863-20914
4- Up moves
5- Selling between 20962-20981
6- Whole day actual trading between 20863-21006

Conclusions from intra day chart analysis 

Although firstly up moves after positive opening and Nifty tested 21,000 also but higher levels selling developed therefore down moves were seen after that. As lower levels fresh consolidation and after that some up moves also but again some selling was seen in last half hour.

As both lower levels buying and higher levels selling was seen last Friday between 20863-21006 therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about this range. Finally sustaining beyond this range should be watched in the beginning of next week for next Short Term decisive moves beginning confirmations.

Conclusions
(After putting all studies together)

1- Long Term trend is up.
2- Intermediate Term trend is up.
3- Short Term trend is up.

Impulsive Wave-(v) of Wave-3 continuation in full force for the last 25 sessions with its recent high and new life time top formations  at 21006.10 on 08-12-2023.
 
Although no confirmation of Impulsive Wave-(v) of Wave-3 completion yet on EOD and intraday charts but Short Term correction beginning stronger signals have been emerged on Stochastic indicator. As MACD indicator is confirming upward trend formations and on going Rally continuation possibility also therefore expected that finally rally will remain continued after Short Term correction completion. 

As last 3 sessions most time trading between 20865-21000 and intraday selling patterns were also seen within this range as well as finally sustaining beyond this range will confirm following next one sided decisive moves beginning hence it should be firstly watched in the coming week for confirmations:-

1- Impulsive Wave-(v) of Wave-3 continuation confirmations above 21000.
2- Short Term correction beginning confirmations below 20865.
Finally sustaining beyond
 20879-20927 will confirm next
 intraday decisive moves beginning
Nifty-Intra Day Chart Analysis & 
Market Outlook(08-12-2023)
Nifty-Intra Day Chart (07-Dec-2023):-
Technical Patterns formation in today intraday charts

1- 81 Points fall in first 15 minutes after flat opening.
2- Consolidation between 20851-20885
3- Up moves with downward corrections
4- More than last 4 hours trading with mixed Patterns formation between 20879-20927
5- Whole day actual trading between 20851-20941

Conclusions from intra day chart analysis 

Live Proofs of our 100% accurate Nifty predictions & Anlysis
Following lines were told at 09:04 PM yesterday in "Short Term down moves expectations below today lowest":-

"Short Term down moves below today lowest(20853) are expected tomorrow."

As was told 100% same happened and:-

1- Nifty slipped below yesterday lowest(20853) within first 15 minutes today.  
and 
2- Today lowest formation was at 20850.80

Although firstly 81 Points fall in first 15 minutes after flat opening but lower levels consolidation developed therefore up moves were seen after that. As these up moves were with downward corrections therefore new intraday highest was formed at 20941.25.
  
As more than last 4 hours trading with mixed Patterns formation between 20879-20927 therefore firstly Nifty will trade within and near about this range as well as prepare for next decisive moves. Finally sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.
Short Term down moves expectations 
below today lowest
Nifty-Intra Day Chart Analysis & 
Market Outlook(07-12-2023)
Nifty-Intra Day Chart (06-Dec-2023):-
Technical Patterns formation in today intraday charts

1- Selling between 20919-20940
2- Down moves in Bullish Falling Channel
3- Sharp up.
4- Up moves in Bearish Rising Channel
5- Selling between 20928-20962
6- Whole day actual trading between 20853-20962

Conclusions from intra day chart analysis 

Although gap up strong opening but selling developed therefore down moves were seen in Mid-session. As these Down moves were in Bullish Falling Channel therefore firstly sharp up moves were seen but after that Up moves were in Bearish Rising Channel and selling developed between 20928-20962 in last hour. 
As good intraday selling was seen at higher levels today therefore Short Term down moves below today lowest(20853) are expected tomorrow.
 Firstly watch sustaining above today
 highest for next up moves beginning
Nifty-Intra Day Chart Analysis & 
Market Outlook(06-12-2023)
Nifty-Intra Day Chart (05-Dec-2023):-
Technical Patterns formation in today intraday charts

1- 93 Points fall in first 9 minutes after gap up strong opening.
2- Up moves with downward corrections
3- Selling between 20815-20848
4- Sharp down 
5- Up moves with selling and intraday corrections
6- Up moves in Bearish Rising Channel
7- Whole day actual trading between 20712-20864

Conclusions from intra day chart analysis 

Although gap up strong opening but 93 points fall in first 9 minutes which indicated first signal of selling beginning. As fresh selling developed after Up moves with downward corrections therefore sharp fall was seen after that. Last more than 3 hours up moves were  with selling,intraday corrections and Up moves in Bearish Rising Channel therefore clear intraday selling pattern will be understood today. 

As Nifty has to trade and consolidate within and near about today trading range for fresh up moves beginning as well as sustaining above today highest will confirm it therefore should be firstly watched tomorrow for next up moves beginning. 
More Up moves expectations
Nifty-Intra Day Chart Analysis & 
Market Outlook(05-12-2023)
Nifty-Intra Day Chart (04-Dec-2023):-
Technical Patterns formation in today intraday charts

1- Consolidation between 20508-20587
2- Up moves with downward corrections
3- Whole day actual trading between 20508-20702

Conclusions from intra day chart analysis 

As grand victory of BJP in Assembly pools on 3rd Dec 2023 therefore Indian Stock Markets celebrated it next day today through huge up opening and with Nifty 2.07% gains. 
Firstly consolidation between 20508-20587 and after that Up moves with downward corrections which is also a consolidation pattern and intaday selling patterns were not seen therefore more up moves are expected above to highest(20702.65). Let intraday selling patterns develop then Short Term correction will be considered.