Nifty Analysis EOD – May 22, 2025 – Thursday🟢 Nifty Analysis EOD – May 22, 2025 – Thursday 🔴
Nifty weekly expiry, shocking climax...!
📉 Nifty Summary:
A 66-point gap-down set the stage, followed by a quick 196-point slide within the first 20 minutes, bottoming out at 24,541.60. From here, the index attempted a bounce but faced stiff resistance at the 24,625 ~ 24,640 zone—not once, but twice. This zone flipped polarity and began acting as resistance instead of support.
The third breakdown at 12:45 PM finally breached the day’s low, taking Nifty to a new bottom of 24,509.10, and then further to 24,462.40 by 2:35 PM. But just when it looked like the bulls were done for, the market made a shocking expiry bounce, recovering sharply to close at 24,637, back inside the crucial 24,625 ~ 24,640 zone.
🛡 5 Min Chart with levels
🔄 The day’s character was mostly range-bound post the initial fall, with a 90-point band until the IB Low was broken. The fall lacked strong conviction—signs of both bulls and bears trying to dominate but failing to sustain.
The final hour’s rebound was the real drama—profit booking, fresh buying, and expiry short covering all collided to cause a spike that caught many off-guard. A classic expiry move—some traders hurt, some became heroes.
📌 Yesterday’s Note Reference:
"Below 24640–24625, weakness may extend down towards: → 24500 → 24460."
✅ Market played by the script, touched 24500, and 24460 got hit too.
📉 Is the retracement run finished?
Technically, YES.
A bold call, but unless global headwinds reappear, today’s low must sustain.
If it doesn’t, watch for the 24,330 ~ 24,365 zone as the last guard. Breach that? Gap-fillers may run wild down to 24,160 ~ 24,008.
Not a trade plan—just technical facts. Let's see what the tape reveals next.
🛡 5 Min Intraday Chart
🥷 Gladiator Strategy Update
Strategy Parameters
ATR: 327.22
IB Range: 195.90 → Medium IB
Market Structure: Imbalanced
Trade Highlights
✅ 1st Long Trigger: 12:45 PM – Target Achieved (R:R = 1:1)
💼 Total Trades: 1
🕯 Daily Time Frame Chart
📊 Support & Resistance Levels
🔺 Resistance Zones:
• 24,768 ~ 24,820
• 24,660
• 24,640 ~ 24,625
• 24,882
• 24,920
• 24,980 ~ 25,000
• 25,062 ~ 25,070
🔻 Support Zones:
• 24,590
• 24,530 ~ 24,480
• 24,460
🧠 Final Thoughts
"Markets don’t trap you; your lack of preparation does."
Today was a pure example of expiry surprise—respect the zones, follow the structure, and keep adapting.
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
