Firstly watch next supports
for on going Short Term correction completion & next bigger moves beginning confirmations
Technical Analysis,Research & Weekly Outlook(Nov 10 to Nov 14,2025)
Nifty-EOD Chart Analysis
(Waves structure)
Nifty-EOD Chart (07-Nov-2025):-
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 top formations at 26104.20 on 23-10-2025.
8- Short Term correction continuation with recent bottom formations at 25318.45 on 07-11-2025.
Conclusions from EOD chart
analysis(Waves structure)
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 top formations at 26104.20 on 23-10-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this level which is also in continuation with recent bottom formations at 25318.45 on 07-11-2025 and no indication of its completion also on EOD charts.
Nifty-EOD Chart Analysis
(Stochastic & MACD)
Nifty-EOD Chart (07-Nov-2025):-
Technical Patterns and Formations in EOD charts
1- Stochastic- Its both MACD line and Average line are kissing in Over sold zone.
2- Stochastic:- %K(5)- 11.48 & %D(3)- 11.12.
3- In MACD- MACD line has intersected Average line downward and its both lines are falling in positive zone.
4- MACD(26,12)- 231.19 & EXP(9)- 424.05 & Divergence- -192.86
Conclusions from EOD chart analysis
(Stochastic & MACD)
Technical positions of Short Term indicators are as follows:-
1- As in Stochastic indicator its both lines %K(5) and %D(3) are kissing in Over sold zone therefore it will be understood that at present this indicator is not showing any side decisive moves beginning possibility. Let its both lines to move above Over sold zone after %K(5) line upward intersection 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 positive zone therefore it will be understood that MACD indicator has generated first signal of downward moves beginning after Short Term upward Trend formation.. Let its both lines to move into negative zone then decisive downward moves will be seen after downward trend formation confirmations.
Nifty-EOD Chart Analysis
(Averages)
Nifty-EOD Chart (07-Nov-2025):-
Technical Patterns and Formations in EOD charts
Averages:-
1- 5-Day SMA is today at 25617(Very Short Term Trend decider)
2- 21-Day SMA is today at 25610(Short Term Trend decider)
3- 55-Day SMA is today at 25183(Intermediate Term Trend decider)
4- 100-Day SMA is today at 25110
5- 200-Day SMA is today at 24375(Long Term Trend decider)
Conclusions from EOD chart
analysis (Averages)
As Nifty closed below both and Very Short & Short Term Trends deciding 5-Day & 21-Day SMAs last Friday after last 6 sessions downward moves therefore these 2 Trends are now down. Nifty closed well above Intermediate & Long Term Trends deciding 55-Day & 200-Day SMAs last Friday hence both these 2 Trends are now up.
Nifty-Intra Day Chart Analysis
(07-Nov-2025)
Nifty-Intra Day Chart (07-Nov-2025):-
Technical Patterns formation in today intraday charts
1- 191 Points down in first half hour after 75 points weaker opening.
2- Consolidation between 25319-25391
3- Sharp up
4- Up moves in Bearish Rising Channel
5- Volatility in last 3 hours between 25458-25551
6- Whole day trading between 25319-25551
Conclusions from intra day
chart analysis
Although firstly 191 Points down in first half hour after 75 points weaker opening but but consolidation developed in the next 2 hours therefore sharp upward moves were seen in Mid-Session. As after that Upward were moves were in Bearish Rising Channel and volatility was seen in last 3 hours between 25458-25551 therefore firstly sustaining beyond this range should be watched in the beginning of next week for next decisive moves beginning confirmations because Technical positions reverses also during such high volatility.
Conclusions (After putting
all studies together)
1- Very Short Term Trend is down.
2- Short Term Trend is down.
3- Intermediate Term Trend is Up.
4- Long Term Trend is Up.
Impulsive Wave-3 completed with new life time top formations at 26277.30 on 27-09-2024 and from this level Wave-4 "ABC" correction begun. Corrective Wave-C of Wave-4 completed at 21743.70 on 07-04-2025 and impulsive Wave-i of Wave-5 started from this level and now its impulsive Wave-iii is continuation with recent top formations at 26104.20 on 23-10-2025 and no confirmation of its completion yet on EOD charts. Short Term correction begun from this level which is also in continuation with recent bottom formations at 25318.45 on 07-11-2025 and no indication of its completion also on EOD and intraday charts.
Although Intermediate & Long Term Trends are still up but Very Short & Short Term Trends have turned down during last 6 sessions downward moves. As Short Term indicator MACD has generated first signal of downward moves beginning therefore remain cautious but another Short Term indicator Stochastic is completely Over sold and:-
1- Once its both lines moving above Over sold zone after %K(5) line upward intersection then decisive upward moves will be seen.
2- Lower levels consolidation was also seen between 25319-25391 last Friday
3- Next Supports below last Friday lowest(25,318.45) are as follows which should be firstly watched in the coming week for the life and lenghth of on going Short Term correction:-
A- 25193-25315
B- 25032-25136
Next resistances above last Friday closing are as follows which should be watched one by one because fresh consolidation will be required for sustaining above these resistances;-
1- 25524-25533
2- 25539-25614
3- 25671-25719
4- 25765-25825
5- 25916-25953
6- 26052-26104
7- 26135-26151(Gap Resistance)
8- 26191-26248
9- 26258-26277
Although impulsive Wave-iii of Wave-5 is continuation but Short Term correction which started from its top(26104.20) is also now very much on therefore firstly its completion is required for fresh decisive upward moves beginning above its top and and after that life time top(26277.30) hence firstly above mentioned next supports should be watched in the coming week/weeks for next bigger moves beginning confirmations.
