Finally decisive upward moves
above life time top(26325.80)
after last 2 sessions
correction completion
Technical Analysis,Research &
Weekly Outlook
(Dec 26 2025 to Jan 02,2026)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (26-Dec-2025):-
Technical Patterns and Formations in EOD charts
1- Corrective Wave-C of previous Waves structure "ABC correction" completion at 15183.40 on 17-06-2022 and Impulsive Wave-1 of new Waves structure beginning.
2- Impulsive Wave-1 completion at 18887.60 on 01-12-2022.
3- Corrective Wave-2 completion at 16828.30 on 20-03-2023.
4- Impulsive Wave-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 26325.80 on 01-12-2025.
11- Short Term correction completion at 25693.30 on 11-12-2025.
12- Pull Back Rally continuation with recent top formations at 26233.50 on 23-12-2025.
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 and corrective Wave-A of Wave-4 begun from this level.
Corrective Wave-A of Wave-4 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-4 started from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-4 begun which 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 26325.80 on 01-12-2025 and no confirmation of its completion yet on EOD charts. Although Short Term correction begun from life time top but completed at 25693.30 on 11-12-2025 and Pull Back Rally started from this level which is now in continuation with its recent top formations at 26233.50 on 23-12-2025 and no confirmation of its completion also on EOD charts.
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (26-Dec-2025):-
Technical Patterns and Formations in EOD charts
1- Corrective Wave-ii of Wave-5 completion at 24337.70 on 08-08-2025.
2- Impulsive Wave-iii of Wave-5 continuation with recent high and new life time top formations at 26325.80 on 01-12-2025.
3- Short Term correction completion at 25693.30 on 11-12-2025.
4- Pull Back Rally continuation with recent top formations at 26233.50 on 23-12-2025.
5- Stochastic- %K(5) line has intersected %D(3) line downward and its both lines are falling from Over bought zone.
6- Stochastic:- %K(5)- 71.95 & %D(3)- 82.92.
7- In MACD- MACD line has intersected Average line upward and its both lines are rising in negative zone.
8- MACD(26,12)- -14.56 & EXP(9)- -62.29 & Divergence- 47.73
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 Nifty is well prepared for fresh Short Term downward moves which may be seen in the coming week.
2- As in MACD indicator its MACD line has intersected Average line upward and its both lines are rising in negative zone therefore it will be understood that MACD indicator has shown first signal of Short Term upward trend formations and fresh upward moves beginning possibility also but let its confirmation come in the coming week then decisive upward moves will be seen.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (26-Dec-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 26100(Very Short Term Trend decider)
2- 21-Day SMA is today at 26017(Short Term Trend decider)
3- 55-Day SMA is today at 25844(Intermediate Term Trend decider)
4- 100-Day SMA is today at 25393
5- 200-Day SMA is today at 24881(Long Term Trend decider)
Conclusions from EOD chart
analysis (Averages)
As Nifty has closed little below Very Short Term Trend decider 5-Day SMA after last 2 sessions downward moves therefore this Trend is now at stake but all other Trends are up because Nifty has closed above all the other Short to Long Term Averages last Friday.
Nifty-Intra Day Chart Analysis
(26-Dec-2025)
Nifty-Intra Day Chart (26-Dec-2025):-
Technical Patterns formation in today intraday charts
1- Sharp fall in first hour`
2- Selling between 26076-26101
3- Downward moves
4- More than 3 hours Consolidation between 26009-26065
5- Whole day trading between 26009-26144
Conclusions from intra day
chart analysis
Although firstly some upward moves after negative opening but could not sustain and sharp fall was seen in first hour. As after that some selling developed therefore downward moves were seen in Mid-Session also. As lower levels consolidation also was seen in negative zone in the last more than 3 hours therefore if follow up consolidation devlopes in the beginning of next week then decisive fresh upward moves will be seen in the coming week.
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 Up.
New Waves structure of Nifty through its impulsive Wave-1 started from 15183.40 on 17-06-2022 is now in continuation thorough its impulsive Wave-iii of Wave-5 which formed recent high and new life time top at 26325.80 on 01-12-2025. Short Term correction started from this level and Pull Back rally was also seen from the lower levels of on going correction in this month therefore it has become clear that after life time top formations Nifty has become sideways between 25694-26325 during all the previous sessions of December 2025.
Although all other Trends are up except Very Short Term Trend and Short Term indicator MACD is also showing fresh upward moves beginning signals but another Short Term indicator Stochastic is suggesting Short Term downward moves possibility also therefore firstly sustaining beyond last Friday lowest(26009) should be watched in the beginning of next week because more than 3 hours consolidation was seen above it between 26009-26065 last Friday. Next supports below last Friday lowest are as follows which should be watched if last 2 sessions correction deepens:-
1- 25906-25993
2- 25727-25754
3- 25772-25828
4- 25782-25832
5- 25707-25732
Next resistances above last Friday closing are as follows which should be watched one by one for next decisive upward moves beginning after last 2 sessions correction completion within or near about above mentioned supports because finally decisive upward moves of on going impulsive Wave-iii of Wave-5 will be seen above life time top(26325.80):-
1- 26076-26105
2- 26177-26233
3- 26271-26314