Finally impulsive Wave-5 

upward moves after expected 

Short correction completion

Technical Analysis,Research & Weekly

Outlook(Oct 13 to Oct 17,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (10-Oct-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-5 continuation with recent top formations at 25669.30 on 30-06-2025.

9- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025. 

10- Pull Back Rally completion with recent top formations at 25448.50 on 18-09-2025. 

11- Short Term correction completion with recent bottom formations at 24587.70 on 30-09-2025.

12- Pull Back Rally continuation with recent top formations at 25330.75 on 10-10-2025. 

 

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. 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 Wave-5 begun started this level. 

Now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term corrections have been seen 3 times from this level and these corrections have completed with higher bottom formations and 2 times Pull Back rallies have also completed with higher tops formations which is a strong signal of strength. Now 3rd Pull Back Rally continuation with its recent top formations at 25330.75 on 10-10-2025.  and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (10-Oct-2025):-

Technical Patterns and Formations in EOD charts

1- In Stochastic- Its both lines %K(5) and %D(3) are kissing in Over bought zone.

2- Stochastic:- %K(5)- 84.40 & %D(3)- 83.22.

3- In MACD- Its MACD line has intersected Average line downward and MACD line is rising and its Average line is falling in negative zone.

4- MACD(26,12)- -66.26 & EXP(9)- -31.94 & Divergence- -34.32

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 bought 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 below Over bought zone after %K(5) line downward intersection then decisive downward moves will be seen.

2- As in MACD its MACD line has intersected Average line downward and MACD line is rising and its Average line is falling in negative zone as well as its both lines are just below Zoro line therefore it will be understood that at  present this indicator is not showing clear signals of any side next decisive moves beginning.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (10-Oct-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25139(Very Short Term Trend decider) 

2- 21-Day SMA is today at 25055(Short Term Trend decider) 

3- 55-Day SMA is today at 24866(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24957

5- 200-Day SMA is today at 24188(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

As Nifty has closed above all the Trends deciding Averages in all the last 5 sessions of previous week therefore it will be understood that now all the Trends are up and finally decisive upward moves will be seen in the coming weeks.

 

Nifty-Intra Day Chart Analysis

(10-Oct-2025)

Nifty-Intra Day Chart (10-Oct-2025):-

Technical Patterns formation in today intraday charts

1- 139 Points up in first hour after negative opening.

2- More than 4 hours selling between 25278-25330

3- Whole day trading between 25157-25330

Conclusions from intra day chart analysis 

Although firstly 139 points upward moves in first hour after negative opening last Friday but higher levels more than 4 hours selling was seen between 25278-25330 therefore downward moves afre expected in the beginning of next towards last Friday lowest(25157) despite 103 points positive closing that day.

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 Up.

Now impulsive Wave-5 of that Waves structure is in continuation with its recent top formations at 25669.30 on 30-06-2025 which started from 15183.40 on 17-06-2022 and its impulsive Wave-3 was completed with new life time top formations at 26277.30 on 27-09-2024. 

No confirmation of on going Wave-3 completion yet on EOD charts but Short Term correction started from its top(25669.30) which completed also at 24337.70 on 08-08-2025 but since then 2 times Pull Back rallies and 2 times Short Term corrections have also been seen. As these Short Term corrections and Pull Back rallies were with higher bottoms and higher tops formations and it is a consolidation pattern also therefore expected that finally on going Wave-5 upward moves will be seen towards and above life time top at 26277.30 after on going Wave-5 corrections completion.    

Although all the Trends are now up but Short Term indicator Stochastic is Over Bought and another Short Term indicator MACD is not showing clear signals of upward moves beginning as well as last Friday intraday charts have also shown more than 4 hours intraday selling patterns therefore Short Term correction may also be seen in the beginning of coming week and sustaining beyond following supports should be watched be one by one in the coming week for next decisive moves beginning confirmations:-

1- 25127-25151

2- 25017-25083

3- 24773-24850 

4- 24602-24679

As finally impulsive Wave-5 upward moves are expected after expected Short Term correction completion therefore then following next resistances should be watched for next upward noves beginning confirmations:-

1- 25408-25448

2- 25465-25501

3- 25498-25587

4- 25670-25739(Gap Resistance)

5- 25783-25837

6- 25886-25912

As busy therefore unable to post 

today(10-10-2025) Outlook. 

 Finally sustain beyond 25009-25192

 will confirm next decisive moves beginning 

Nifty-Intra Day Chart Analysis & 

Market Outlook(09-10-2025)

Nifty-Intra Day Chart (08-Oct-2025):-

Technical Patterns formation in today intraday charts

1- 112 Points up moves after negative opeining

2- Selling between 25151-25192

3- Sharp fall

4- Consolidation between 25017-25060

5- Upward moves

6- Selling between 25110-5131

7- Sharp fall

8- Consolidation between 25052-25083

9- Whole day trading between 25009-25192

Conclusions from intra day chart analysis 

Although firstly 112 Points up moves after negative opening but higher levels selling developed therefore 181 points downward moves were seen. As whole day only lower levels intraday consolidation patterns and higher levels selling was seen today therefore:- 

1- Whole day today trading will be understood with  Mixed Patterns formation between 25009-25192. 

2- Expected that Nifty will firstly trade and prepare for next decisive moves within and near about this range tomorrow as well as finally sustaining beyond this range will confirm next decisive moves beginning in the coming sessions.

Sustaining beyond 25077-25220 will 

confirm next intraday decisive 

moves beginning

Nifty-Intra Day Chart Analysis &

Market Outlook(08-10-2025)

Nifty-Intra Day Chart (07-Oct-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves after positive opening

2- Down moves in Bullish Falling Channel

3- Consolidation between 25097-25117

4- Up moves with downward corrections

5- Selling between 25187-25220

6- Down moves with upward corrections

7- Whole day trading between 25077-25220

Conclusions from intra day chart analysis 

As whole day only intraday volatility with higher levels selling and lower levels buying as well as one sided intraday patterns were not seen therefore firstly sustaining beyond today trading range(25077-25220) should be watched tomorrow for next intraday decisive moves beginning confirmations.

 Sustaining beyond 25022-25095

will confirm next intraday 

decisive moves beginning 

Nifty-Intra Day Chart Analysis &

Market Outlook(07-10-2025)

Nifty-Intra Day Chart (06-Oct-2025):-

Technical Patterns formation in today intraday charts

1- Downward moves after positive opening

2- Sharp up

3- Up moves with downward corrections

4- Sharp up

5- Last 2 hours trading with Mixed Patterns formation between 25022-25095

6- Whole day trading between 24882-25095

Conclusions from intra day chart analysis 

Although firstly downward moves after positive opening but after that sharp upward moves were seen. As fresh consolidation was seen through upward moves with downward corrections in Mid session therefore:-

1- again sharp upward moves developed 

but 

2- last 2 hours trading was with Mixed Patterns formation between 25022-25095 therefore firstly sustaining beyond this range should be watched tomorrow for next intraday decisive moves beginning confirmations.

Firstly upward moves possibility & 

finally 24726-24944 will confirm 

Very Short to Intermediate Term Trends

Technical Analysis,Research & Weekly 

Outlook(Oct 06 to Oct 10,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (03-Oct-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-5 continuation with recent top formations at 25669.30 on 30-06-2025.

6- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025. 

7- Pull Back Rally completion with recent top formations at 25448.50 on 18-09-2025. 

8- Short Term correction completion with recent bottom formations at 24587.70 on 30-09-2025.

9- Pull Back Rally continuation with recent top formations at 24904.80 on 03-10-2025. 

 

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-3 of that Waves structure completed with 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. After impulsive Wave-3 completion corrective Wave-A of Wave-4 of "ABC" correction started and its Wave-C completed at 21743.70 on 07-04-2025 and impulsive Wave-5 begun from this level which is now in continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts.

Although Short Term corrections have been seen 3 times from 25669.30 but these corrections have completed with higher bottom formations and 2 times Pull Back rallies have also been completed with higher tops formations which is a strong signal of strength. Now 3rd Pull Back Rally continuation with its recent top formations at 24904.80 on 03-10-2025 and no confirmation of its completion also on EOD charts.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (03-Oct-2025):-

Technical Patterns and Formations in EOD charts

1- All 3 Short Term corrections from 25669.30 completed with higher bottom formations.

2- Both Pull Back ralles from 25669.30 completed with higher tops formations.

3- Stochastic- %K(5) line has intersected %D(3) line upward and its both lines are rising from Over sold zone.

4- Stochastic:- %K(5)- 50.02 & %D(3)- 24.44.

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

6- MACD(26,12)- -52.80 & EXP(9)- 168.25 & Divergence- -221.05.

Conclusions from EOD chart analysis

(Stochastic & MACD)

Technical positions of Short Term indicators are as follows:-

1- As in Stochastic indicator its 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 generated strong signal of more upward moves in the coming week/weeks

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 has generated first strong signal of decisive downward moves beginning with downward Trend formations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (03-Oct-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24726(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24978(Short Term Trend decider) 

3- 55-Day SMA is today at 24862(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24944

5- 200-Day SMA is today at 24164(Long Term Trend decider) 

 

Conclusions from EOD chart

analysis (Averages)

Long Term Trend is clearly up because Nifty is well above its decider 200-Day SMA for the last more than 4 months. As Nifty traded near about all other trends(Very Short to Intermediate Terms) deciding Averages in previous week therefore these Trends are at stake and finally sustaining beyond these Averages should be watched in the coming week/weeks for these trends formation confirmations. 

Nifty-Intra Day Chart Analysis

(03-Oct-2025)

Nifty-Intra Day Chart (03-Oct-2025):-

Technical Patterns formation in today intraday charts

1- Upward moves after negative opening.

2- More than 4 hours consolidation between 24773-24850 

3- Sharp up in last hour

4- Whole day trading between 24748-24904

Conclusions from intra day chart analysis 

Although firstly upward moves after negative opening but after that more than 4 hours consolidation between 24773-24850 therefore sharp upward moves were seen in last hour. As good intraday consolidation last Friday and intraday selling patterns were not seen therefore more upward moves are expected towards next resistances 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 at Stake.

3- Intermediate Term Trend is at Stake.

4- Long Term Trend is Up.

Although now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts and  Short Term correction started from this level which completed also at 24337.70 on 08-08-2025 but since then 2 times Pull Back rallies and 2 times Short Term corrections have also been seen since then. As these Short Term corrections and Pull Back rallies have been seen with higher bottoms and higher tops formations and it is a consolidation pattern also therefore expected that finally on going Wave-5 upward moves will be seen towards and above life time top at 26277.30 after on going correction completion.    

As Very Short Term to Intermediate Term Trends are at stake and finally sustaining beyond 24726-24944 will confirm these Trends formations and that side next decisive moves beginning hence it should be firstly watched in the coming week/weeks for its confirmations. 

Although Short Term indicator MACD is showing downward moves beginning possibility but another Short Term indicator Stochastic and last Friday intraday charts are clearly suggesting upward moves beginning possibility therefore firstly upward moves are expected towards following next resistances in the beginning of next week and finally sustaining beyond 24726-24944 will confirm Very Short Term to Intermediate Term Trends:-

1- 24981-25049              

2- 25113-25142

3- 25271-25331

4- 25408-25448

Next Supports below last Friday ckosing are as follows:-

1- 24773-24850 

2- 24602-242679

3- 24550-24618

4- 24356-24462(Strong supports)

As out of station therefore unable to post 

today(03-10-2025) Outlook. 

 Sustaining above 24682 will mean 

Pull Back beginning strong indication

Nifty-Intra Day Chart Analysis &

Market Outlook(01-10-2025)

Nifty-Intra Day Chart (30-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 84 Points fall in first half hour after positive opening

2- Almost 6 Hours trading with consolidation patterns indications between 24588-24682

3- Whole day trading between 24607-24731

Conclusions from intra day chart analysis 

Although firstly 84 Points fall in first half hour after positive opening but after that almost 6 hours trading with consolidation patterns indications between 24588-24682 therefore firstly sustaining beyond this range should be watched tomorrow and once sustaining above 24682 will mean strong Pull Back beginning strong indication.

 Watch today lowest for on 

going Short Term correction 

continuation confirmations

Nifty-Intra Day Chart Analysis & Market

Outlook(30-09-2025)

Nifty-Intra Day Chart (29-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Firstly upward moves after positive opening

2- Selling between 24730-24791

3- Downward moves

4- Consolidation between 24607-24673

5- Selling between 24708-24743

6- Sharp fall in last half hour

7- Whole day trading between 24607-24791

Conclusions from intra day

chart analysis 

Following lines were told on 27-09-2025 in "Just Watch next resistances amid firstly upward moves beginning possibility":-

1- upward moves are firstly expected towards 24829 in the beginning of next week. 

2- sustaining beyond following next resistances should be firstly watched for first signal of next decisive moves beginning amid firstly upward moves beginning possibility

Although lower levels some consolidation but s was told on 27-09-2025 100% same happened today and firstly Upward moves were seen upto 24791.3 today.

As selling was seen between 24738-24829 last Friday and fresh selling developed between 24730-24791 today also therefore downward moves were seen after that. Although lower levels consolidation and after that some upward moves were also seen but follow up selling developed therefore  Sharp fall was seen in last half hour and Nifty closed near the lower levels of the day.

It is clear that higher levels good intraday selling was seen today therefore firstly sustaining beyond today lowest(24607) for on going Short Term correction continuation confirmations.

Just Watch next resistances amid 

firstly upward moves beginning possibility

Technical Analysis,Research & Weekly

Outlook(Sep 29 to Oct 03,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (26-Sep-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-5 continuation with recent top formations at 25669.30 on 30-06-2025.

9- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025. 

10- Pull Back Rally completion with recent top formations at 25448.50 on 18-09-2025. 

11- Short Term correction continuation with recent bottom formations at 24629.45 on 26-09-2025.

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 begun. 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. Impulsive Wave-3 begun 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 started from this level.

Corrective Wave-A of Wave-4 completed at 23263.20 on 21-11-2024 and Wave-B of Wave-4 begun from this levels which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-4 started which completed at 21743.70 on 07-04-2025 and Wave-5 begun from this level. 

Now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction begun from this levels which completed at 24337.70 on 08-08-2025 and from this level a Pull Back Rally started which completed after its top formations at  25448.50 on 18-09-2025. Short Term correction begun from this levels which is now in continuation with its recent bottom formations at 24629.45 on 26-09-2025.

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (26-Sep-2025):-

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)- 04.20 & %D(3)- 12.29.

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

4- MACD(26,12)- 222.96 & EXP(9)- 223.40 & Divergence- -0.44.

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 showing some more downward moves possibility.  Let its both lines to start upward moves after %K(5) line upward intersection of %D(3) line then Short Term upward moves will be seen.

2- As in MACD indicator its both MACD line and Average line are kissing in positive zone therefore it will be understood that MACD indicator is not confirming any side decisive moves beginning. As its both lines are well above in positive zone therefore if MACD line intersects Average line upward in the coming week then decisive upward moves will be seen after upward Trend formation confirmations.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (26-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 24994(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24948(Short Term Trend decider) 

3- 55-Day SMA is today at 24895(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24932

5- 200-Day SMA is today at 24162(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed well above Long Term Trend decider 200-Day SMA last Friday therefore this Trend is definitely up also but Intermediate and Short Term Trends are at stake because Nifty has closed below its deciders 21-Day and 55-Day SMAs in last 2 sessions of previous week. Very Short Term Trend is clearly down because Nifty has closed below its decider 5-Day SMA in all the 5 sessions of previous week.

Nifty-Intra Day Chart Analysis

(26-Sep-2025)

Nifty-Intra Day Chart (26-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 114 points fall in first 20 minutes after 59 points gap down opening

2- Selling between 24738-24829

3- Downward moves

4- Support between 24630-24672

5- Whole day trading between 24630-24868

Conclusions from intra day

chart analysis 

As all the Asian markets were weak last Friday after negative closing of all US markets one day before and Trump imposed 100% tariff on pharmaceutical products also therefore sentiment was depressed and resultant firstly 114 points fall was seen in first 20 minutes after 59 points gap down opening last Friday. Although after that firstly more than 3 hours selling was seen between 24738-24829 therefore downward moves developed in Mid-Session but lower levels supports also between 24630-24672 hence upward moves are firstly expected towards 24829 in the beginning of next week. 

Conclusions (After putting all studies together)

1- Very Short Term Trend is Down.

2- Short Term Trend is at Stake.

3- Intermediate Term Trend is at Stake.

4- Long Term Trend is Up.

Impulsive Wave-3 of that Waves structure completed with new life time top formations at 26277.30 on 27-09-2024 which started through its Impulsive Wave-1 from 15183.40 on 17-06-2022. Corrective Wave-A of Wave-4 of "ABC" correction begun from 26277.30 of which Wave-C of Wave-4 completed at 21743.70 on 07-04-2025 and Impulsive Wave-5 started from this level. 

Although now impulsive Wave-5 continuation with its recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet but since then 2 times Short Term corrections upto 24337.70 and once a Pull Back Rally was seen which completed at 25448.50 on 18-09-2025. Now Short Term correction continuation with its recent bottom formations at 24629.45 on 26-09-2025 and no indication of its completion yet on EOD charts.

As Donald Trump announced 100% tariff on pharmaceutical products therefore sharp fall was seen last Friday and downward moves were also seen in all the 5 sessions of previous week therefore Short and Intermediate Term Trends are now at Stake and until Nifty will not sustain beyond these 2 Trends deciders 21-Day and 55-Day SMAs till then that side next bigger moves will not be seen. As Long Term Trend is up and once sustaining above these 2 Trends deciders will mean on going impulsive Wave-5 continuation towards life time top at 26277.30. 

Although Short Term indicator MACD is not confirming any side decisive moves beginning but another indicator Stochastic is completely Over sold and once its upward moves beginning after %K(5) line upward intersection of %D(3) then decisive Short Term upward moves will be seen. As lower levels intraday supports were also seen last Friday therefore sustaining beyond following next resistances should be firstly watched for first signal of next decisive moves beginning amid firstly upward moves beginning possibility:-  

1- 24738-24829

2- 24981-25049

3- 25113-25142

4- 25271-25331

5- 25408-25448

Next Supports below last Friday lowest are as follows:-

1- 24550-24618.

2- 24356-24462(Strong supports).

3- 24165-24337(Gap Support).

4- 24042-24139

5- 23859-23987

Watch Next supports after Trump

 100% tariff on pharmaceutical products

Mid-session Outlook

(26-09-2025)

As President Donald Trump announced on Thursday that pharmaceutical products will be subject to a 100% tariff starting October 1 and 50% tariff has already been imposed  by Trump on Indian imports therefore sentiment turned completely dampened and resultant all around sharp correction is being seen in Indian markets. 

Next supports have already been updated in previous Outlook which should be firstly watched one by one for next decisive moves beginning confirmations.

Firstly watch next supports after

 weaker Global markets yesterday

 night & today morning

As all US Markets closed in negative zone yesterday and all the Asian markets were also trading weaker today morning therefore sentiment turned depressed hence firstly downward moves were seen after 72 points negative opening of Nifty because Short Term correction is on and no confirmation of its completion yet on EOD charts. 

US markets closing is as follows:-

1- Dow Jones closed 0.38% Down yesterday.

2- S&P 500 closed 0.50% Down yesterday.

3- Nasdaq closed 0.50% Down yesterday.

Asian markets trading positions are as follows:-

1- Nikkei 225(Japan) is trading 0.65% Down today morning.

2- Hang Seng(Hong Kong) is trading 0.49% Down today morning.

3- Taiwan Weighted is trading 0.19% Down today morning.

4- SET(Bangkok) is trading 0.20% Down today morning.

5- KOSPI(Korea) is trading 2.39% Down today morning.

As Short Term correction is very much on therefore firstly following supports should be watched for the life and length of on going correction

1- 24709-24772(Now trading within these supports).

2- 24550-24618.

3- 24356-24462(Strong supports).

4- 24165-24337(Gap Support).

Upward moves expectations

 towards today highest

Nifty-Intra Day Chart Analysis &

Market Outlook(26-09-2025)

Nifty-Intra Day Chart (25-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Whole day downward moves in Bullish Falling Channel

2- Whole day trading between 24879-25092

Conclusions from intra day chart analysis 

Although firstly upward moves after negative opening but downward moves started which remained continued till last hour. As whole day today downward moves were in Bullish Falling Channel and it is a consolidation pattern therefore upward moves are expected towards today highest in the coming sessions after fresh consolidation near about today lowest.

Psychological level of 25000 will 

confirm the life and length of 

on going Short Term Correction

Nifty-Intra Day Chart Analysis &

Market Outlook(25-09-2025)

Nifty-Intra Day Chart (24-Sep-2025):-

Technical Patterns formation in today intraday charts

1- Whole day only volatility between 25028-25149 after negative opening.

2- Whole day trading between 25028-25149.

Conclusions from intra day chart analysis

Following 2 Topics were posted in both previous Outlooks:- 

1- Rally continuation amid only a Short Term Correction possibility(Weekly Outlook for this week trading was Posted on 20-09-2025)

2- Downward moves towards next Supports(Daily Outlook for 23-00-2025 intraday trading was Posted at 02:43 AM on 23-00-2025)

Short Term Correction and Downward moves possibility were told in both previous Outlooks and Downward moves were seen in all the 3 sessions of this week.

As Whole day only volatility between 25028-25149 after negative opening was seen today and:- 

1- One sided intraday patterns were not seen. 

2- Technical positiions changes fast during such intraday volatility.

3- Today closing was within that supports(25039-25061) which was posted in above mentioned topic on 20-09-2025.

4- Psychological level of 25000 is just below above mentioned supports

Therefore firstly sustaining beyond Psychological level of 25000 should be watched in the coming sessions for the life and length of on going Short Term Correction.

As busy therefore unable to post 

today(24-09-2025) Outlook. 

Downward moves towards

next Supports

Nifty-Intra Day Chart Analysis &

Market Outlook(23-09-2025)

Nifty-Intra Day Chart (22-Sep-2025):-

Technical Patterns formation in today intraday charts

1- 113 Points down in first 3 minutes after 88 points weaker opening.

2- More than 110 points recovery in first half hour.

3- More than 4 hours selling between 25271-25331(immediate Resistances)

4- Sharp fall in last Hour

5- Whole day trading between 25152-25331

Conclusions from intra day chart analysis 

Although firstly some downward moves after 88 points weaker opening and once Nifty traded 113 points down also in first 3 minutes but Nifty recovered more than 110 points in first half hour. As higher levels selling developed which remained continued more than 4 hours also therefore sharp fall was seen in last hours and Nifty closed 124 points down. 

As higher levels good intraday selling and Very Short Term indicators are in Over bought zone also therefore Short Term correction will be seen towards following supports in the coming session/sessions also and firstly sustaining beyond these supports should be watched one by one for next intraday decisive moves beginning confirmations.

1- 25151-25183

2- 25066-25097

Rally continuation amid only 

a Short Term Correction possibility

Technical Analysis,Research & Weekly

Outlook(Sep 22 to Sep 26,2025)

Nifty-EOD Chart Analysis

(Waves structure)

Nifty-EOD Chart (19-Sep-2025):-

Technical Patterns and Formations in EOD charts

  

1- Wave-C of Wave-(ii) of Wave-3 completion at 18837.80 on 26-10-2023 and impulsive Wave-(iii) of Wave-3 beginning. 

2- Impulsive Wave-(iii) of Wave-3 completion with new life time top formations at 26277.30 on 27-09-2024 and Corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction beginning.

3- Corrective Wave-A of Wave-(iv) of Wave-3 completion at 23263.20 on 21-11-2024.

4- Corrective Wave-B of Wave-(iv) of Wave-3 completion at 24857.80 on 05-12-2024.

5- Corrective Wave-C of Wave-(iv) of Wave-3 completion at 21743.70 on 07-04-2025 and Wave-(v) of Wave-3 beginning from this level.

6- Impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025.

7- Short Term correction completion with recent bottom formations at 24337.70 on 08-08-2025. 

8- Pull Back Rally continuation with recent top formations at 25428.75 on 19-09-2025. 

Conclusions from EOD chart analysis

(Waves structure)

Impulsive Wave-(iii) of Wave-3 started from 18837.80 on 26-10-202 after corrective Wave-C of Wave-(ii) of Wave-3 of "ABC" correction completion at this level. Impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024 and from this level corrective Wave-A of Wave-(iv) of Wave-3 "ABC" correction begun. 

Corrective Wave-A of Wave-(iv) of Wave-3 completed at 23263.20 on 21-11-2024 and from this level Wave-B of Wave-(iv) of Wave-3 started  which completed at 24857.80 on 05-12-2024. From this level corrective Wave-C of Wave-(iv) of Wave-3 begun which completed at 21743.70 on 07-04-2025 and impulsive Wave-(v) of Wave-3 begun from this level. 

Now impulsive Wave-(v) of Wave-3 continuation with recent top formations at 25669.30 on 30-06-2025 and no confirmation of its completion yet on EOD charts but Short Term correction started from this level which completed at 24337.70 on 08-08-2025. A strong Pull Back Rally begun from this levels which is now in continuation with its recent top formations at 25428.75 on 19-09-2025 and no confirmation of its completion yet on EOD charts. 

Nifty-EOD Chart Analysis

(Stochastic & MACD)

Nifty-EOD Chart (19-Sep-2025):-

Technical Patterns and Formations in EOD charts

1- Stochastic- Its both lines %K(5) and %D(3) are kissing in Over bought zone.

2- Stochastic:- %K(5)- 86.51 & %D(3)- 90.11.

3- In MACD- MACD line has intersected Average line upward and its both lines are rising in positive zone.

4- MACD(26,12)- 233.87 & EXP(9)- 97.42 & Divergence- 136.45

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 bought 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 below Over bought zone after %K(5) line downward intersection then decisive downward moves will be seen.

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 MACD indicator is now confirming Short Term Upward Trend formations and resultant on going upward moves will remain continued in the coming weeek/weeks also.

Nifty-EOD Chart Analysis

(Averages)

Nifty-EOD Chart (19-Sep-2025):-

Technical Patterns and Formations in EOD charts

Averages:-

1- 5-Day SMA is today at 25277(Very Short Term Trend decider) 

2- 21-Day SMA is today at 24908(Short Term Trend decider) 

3- 55-Day SMA is today at 24937(Intermediate Term Trend decider) 

4- 100-Day SMA is today at 24901

5- 200-Day SMA is today at 24151(Long Term Trend decider) 

 

Conclusions from EOD chart analysis

(Averages)

As Nifty has closed well above all the averages last Friday therefore all the Trends are up now. It has also been seen that Nifty closed above Intermediate Term Trend decider 55-Day SMA continuously for the last 8 sessions therefore Intermediate Term Trend has turned up now and it is strong indication of on going rally continuation in the coming week/weeks because Long Term Trend is already up for the last more than 4 months.

Nifty-Last 2 Sessions intraday

charts analysis

Nifty-Intra Day Chart (Sep 18 & Sep 19,2025):-

Technical Patterns formation in last 2 Sessions intraday charts

1- More than 3 hours selling between 25408-25448 on 18-09-2025.(Immediate resistance)

2- Downward moves on 18-09-2025.

3- Almost 2 hours consolidation between 25337-25378 on 18-09-2025.

4- Sharp up in last hour on 18-09-2025. 

5- 105 Points down in first 5 minutes after flat opening on 19-09-2025.

6- Almost 6 hours sideways trading between 25287-25359 

7- Last 2 Sessions trading between 25287-25448

Conclusions from 2 Sessions

intra day chart analysis 

As more than 3 hours selling between 25408-25448 on 18-09-2025 and lower levels consolidation was also seen same day therefore sharp upward moves developed in last hour that day. Although Nifty closed near the higher levels of the day on 18-09-2025 but higher levels good intraday selling was also seen therefore firstly 105 Points sharp downward moves developed in first 5 minutes after flat opening on 19-09-2025. 

Almost 6 hours sideways trading was seen between 25287-25359 on 19-09-2025 and whole day trading was with Mixed Patterns formation between 25330-25443 one day before on 18-09-2025 also therefore it will be understood that one sided clear intraday trading patterns could not developed in last 2 sessions between 25287-25448 hence expected that Nifty will firstly trade and prepare for next bigger moves within and near about this range in the beginning of next week. As finally sustaining beyond 25287-25448 will confirm next bigger moves beginning therefore it should also be firstly watched in the beginning of coming week. 

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 up.

Impulsive Wave-(v) of Wave-3 of that Waves structure is in continuation with its recent top formation at 25669.30 on 30-06-2025 which started through Impulsive Wave-1 from 15183.40 on 17-06-2022 and its Impulsive Wave-(iii) of Wave-3 completed after new life time top formations at 26277.30 on 27-09-2024. From this level corrective Wave-A of Wave-(iv) of Wave-3 of "ABC" correction begun of which Wave-C completed at 21743.70 on 07-04-2025 and from this impulsive Wave-(v) of Wave-3 started which is now in continuation with its recent top formations at 25669.30 on 30-06-2025. Short Term correction which begun from this levels has been completed after its bottom formations at 24337.70 on 08-08-2025 and a strong Pull Back rally started from this levels which is now in continuation with its recent top formations at 25428.75 on 19-09-2025 and no indication of its completion yet on EOD and intraday charts.  

Although Short to Long Term Averages are now confirming that all the Trends have turned up and Short Term indicator MACD is also confirming it and on going upward moves will remain continued also but another Short Term indicator Stochastic is completely Over bought therefore Short Term correction beginning possibility can not be ruled out from any day in the coming weeek/weeks. 

As higher levels good intraday selling was seen on 18-09-2025 and clear one sided intraday trading patterns formations were could not develop in last 2 sessions intraday charts therefore it will be understood that last 2 sessions trading was with  Mixed Patterns formation between 25287-25448 and finally sustaining beyond this range will confirm on going Pull Back rally continuation immediately or after some more Short Term corrections.

It has also been seen that some times Short Term corrections complets within sideways trading range also therefore firstly sustaining beyond following levels and supports should be watched one by one for next upward moves beginning after Short Term correction completion:- 

1- Lowest of last 2 sessions trading range at 25287

2- 25262-25275(Gap Supports)

3- 25151-25183

4- 25066-25097

5- 25039-25061

Next resistances above last Friday closing and towards the top(25669.30) of impulsive Wave-(v) of Wave-3 are as follows:-

1- 25408-25448

2- 25465-25501

3- 25498-25587

Next resistances above the top(25669.30) of impulsive Wave-(v) of Wave-3 are as follows:-

1- 25670-25739(Gap Resistance)

2- 25783-25837

3- 25886-25912

4- 25949-26006

5- 26074-26111

6- 26135-26151(Gap Resistance)

7- 26191-26248

8- 26258-26277

 Finally sustaining beyond 25330-25443 will confirm next decisive moves beginning

Nifty-Intra Day Chart Analysis & Market

Outlook(19-09-2025)

Nifty-Intra Day Chart (18-Sep-2025):-

Technical Patterns formation in today intraday charts

1- More than 3 hours selling between 25408-25448(Immediate resistance)

2- Down ward moves

3- Almost 2 hours consolidation between 25337-25378(Immediate support)

4- Sharp up

5- Whole day actual trading between 25330-25443

Conclusions from intra day chart analysis 

Although firstly some upward moves after gap up strong opening but more than 3 hours selling was seen between 25448-25448 therefore downward moves developed in Mid-Session. As lower levels almost 2 hours consolidation was also seen between 25337-25378 therefore sharp upward moves developed in last hour and Nifty closed near the higher levels of the day. 

As higher levels more selling patterns were seen today therefore firstly some downward moves are expected towards today consolidation range and also expected that Nifty will firstly trade and prepare tomorrow for next decisive moves within and near about today trading range(25330-25443). Finally sustaining beyond today trading range will confirm next decisive moves beginning hence it should be firstly watched tomorrow for confirmations.