Nifty levels - Jul 09, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
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NIFTY trade ideas
#Nifty directions and levels for July 8th:Good morning, Friends! 🌞
Here are the market directions and levels for July 8th:
Market Overview
The global markets have a moderately bullish sentiment, while our local markets are showing a moderately bearish sentiment. Gift Nifty is indicating a neutral to slightly negative start of around 10 points today.
So, what can we expect today?
Last evening, the Dow Jones fell more than 1%, but Gift Nifty didn’t reflect that. However, our markets continued to trade within a range, maintaining a moderately bearish bias. So, there’s nothing new; we can follow the same sentiment we saw in the previous session.
This means if the market pulls back initially, we may see a minor pullback followed by some consolidation. This is my first variation (current view).
On the other hand, if the decline shows a solid structure and breaks the immediate support level, we can expect the correction to continue. If that happens, it could mark the beginning of a C wave or 3rd wave of the correction. This is my alternate view.
#Nifty - Pivot Point is 25016.05Date:12-06-2025
#Nifty Current Price: 24950
Pivot Point: 25016.05 Support: 24711.72 Resistance: 25322.18
#Nifty Upside Targets:
Target 1: 25529.42
Target 2: 25736.65
Target 3: 26006.88
Target 4: 26277.10
#Nifty Downside Targets:
Target 1: 24503.59
Target 2: 24295.45
Target 3: 24025.225
Target 4: 23755.00
Nifty Analysis EOD – July 21, 2025 – Monday 🟢 Nifty Analysis EOD – July 21, 2025 – Monday 🔴
“Shock, Squeeze, and a Strong Close — Bulls Reclaim 25K”
Today’s move was nothing short of shocking. In the first 45 minutes, Nifty plunged more than 150 points, breaking through key levels and touching 24,882. But what followed was a V-shaped recovery that caught both Friday’s shorts and those who shorted below PDC/PDL completely off guard.
The index powered up to mark a day high of 25,080, and sustained above CPR and VWAP throughout most of the session. A final push came around 2:55 PM, breaking the intraday trendline and CDH, registering a fresh high before closing near the top at 25,090.70.
✅ Bulls not only held 25K — they dominated the battlefield all day, recovering almost everything lost during Friday’s drop.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 24,999.00
High: 25,111.40
Low: 24,882.30
Close: 25,090.70
Change: +122.30 (+0.49%)
📊 Candle Structure Breakdown
Real Body: 91.70 points → strong bullish body
Upper Wick: 20.70 points → slight hesitation near highs
Lower Wick: 116.70 points → deep intraday buying from the lows
🔍 Interpretation
Mildly negative open, followed by a sharp 150-point fall
Buyers stepped in strongly near 24,880, triggering a sharp reversal
V-shape recovery sustained above CPR & VWAP, closing near high
Close is not just above open — it’s above Friday’s close and 25K mark
🕯 Candle Type
Hammer-like Bullish Reversal Candle — Long lower wick with green body, signaling strong dip buying and possible short-term trend reversal
📌 Key Insight
Strong defense at 24,880–24,900 created the base for reversal
Close above 25,090 shifts near-term bias in favor of bulls
25,110–25,140 is the next resistance to watch
As long as we stay above 24,900, buyers hold the edge
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 186.31
IB Range: 166.8 → Wide IB
Market Structure: 🟡 Balanced
📉 Trades Triggered:
10:09 AM – Long Trade → ❌ SL Hit
📌 Support & Resistance Levels
Resistance Levels:
25,080 ~ 25,060
25,125
25,168
25,180 ~ 25,212
Support Levels:
25,037
25,000 ~ 24,980
24,965
24,894 ~ 24,882
24,825
24,800 ~ 24,768
💭 Final Thoughts
🧠 “Volatility doesn’t confuse the market — it reveals who’s in control.”Today’s V-shaped reversal erased all doubts from Friday’s fall. Buyers didn’t just defend — they counterattacked and reclaimed 25K with authority.Follow-through above 25,125 on Monday could confirm trend resumption.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
#NIFTY - 640 pts done. What Next?May 29
Date: 29-05-2025
#NIFTY - Pivot Point is 24883.50
#NIFTY Current Price: 24755 (As on 29th May 2025 post is still valid). We also have other pivot points, and the target levels are pointing to the much higher. Both the pivots are valid.
Every pivot point will have a different target level.
Upside Target 1: 25394.66 is hit and continue to watch these levels.
Upside Targets: 25394.66, 25601.10, 25870.20 and 26139.30
Downside Targets: 24373.24, 24165.90, 23896.80 and 23627.70
Support: 24580.58
Resistance: 25188.21
Technical Analysis: NIFTY50 (Closing: ₹24,968.40 on 18-Jul-2025)*Analysis as of 21-Jul-2025 (Monday)*
1. Candlestick Patterns
Daily: A bearish engulfing pattern formed on 18-Jul-2025, closing below the prior candle’s low. Signals short-term reversal risk.
Weekly: Doji formation (indecision) near all-time highs. Weekly close below ₹25,000 warns of exhaustion.
Intraday (4H): Bearish pin bars at ₹25,100 resistance. Watch for follow-through selling below ₹24,900.
2. Harmonic Patterns
Daily: Potential Bearish Bat pattern in development:
XA: ₹23,200 → ₹25,200 (100%)
B: 61.8% retracement at ₹24,400 (pending)
Confirmation below ₹24,400 targets ₹23,800 (0.886XA).
3. Elliott Wave Theory
Weekly: Final waves of Wave 5 (impulse) likely complete at ₹25,200.
Daily: Starting ABC corrective wave:
Wave A: ₹25,200 → ₹24,800 (if breaks ₹24,900)
Wave B: Rally to ₹25,000–25,100 (short opportunity)
Wave C: Target ₹24,300 (1.618xA).
Intraday (1H): Minute wave iii down in progress below ₹24,950.
4. Wyckoff Theory
Phase: Potential distribution near highs:
Upthrust (18-Jul high ₹25,120) failed to hold.
Spring Level: ₹24,900. Break confirms downtrend (test supply).
Downside target: ₹24,500 (fall after distribution).
5. W.D. Gann Analysis
Square of 9:
Key support: √24,968 ≈ 158.0 → 158² = 24,964 (critical pivot).
Close below 24,964 opens ₹24,650 (next square).
Time Cycles:
21-Jul is 180° from 21-Jan 2025 high. Watch for trend change.
Gann Angle: 1x1 angle from Jul-2025 high at ₹25,200 → breaks below imply ₹400/day decline.
6. Ichimoku Kinko Hyo (Daily)
Tenkan: ₹24,950 (resistance)
Kijun: ₹24,800 (support)
Cloud: Lagging span below price; cloud thinning (bearish momentum).
Signal: Price below Kijun → trend weakness.
7. Key Indicators
RSI (Daily): 62 → declining from overbought (70). Bearish divergence.
Bollinger Bands (4H): Price testing lower band (₹24,900). Break targets ₹24,600 (2σ lower).
VWAP (1H): ₹25,050 → intraday resistance.
Moving Averages:
Death Cross (50-DMA/200-DMA): Not triggered, but 5-DMA (₹25,020) crossed below 20-DMA (₹25,050).
Timeframe Summary
Timeframe Key Levels Bias Pattern/Thesis
5M/15M Res: ₹24,990 Bearish Scalp shorts below VWAP (₹25,050)
30M/1H Res: ₹25,050 Sup: ₹24,900 Bearish Bearish EW wave iii; RSI < 50
4H Res: ₹25,100 Sup: ₹24,800 Neutral Break below ₹24,800 confirms Wyckoff distribution
Daily Res: ₹25,200 Sup: ₹24,400 Bearish Bearish Bat + ABC correction
Weekly Res: ₹25,500 Sup: ₹24,000 Neutral Doji warns of reversal; hold ₹24,400 key
Actionable Outlook
Intraday (21-Jul):
Short below ₹24,900 (SL: ₹25,050) → Target ₹24,800.
Break below ₹24,800 extends to ₹24,650.
Swing (1–2 Weeks):
Sell rallies near ₹25,100 (SL: ₹25,250) → Target ₹24,400.
Weekly close > ₹25,200 invalidates bearish view.
Critical Supports: ₹24,800 (Wyckoff spring) → ₹24,400 (Harmonic/EW target) → ₹24,000 (psychological).
Key Resistances: ₹25,050 (VWAP) → ₹25,200 (ATH) → ₹25,500 (Gann square).
Monday till thursday expiry rangeAs long as vix value is under 11.24 crossing pivot and going on top is not possible as per my mathematical range calculation (accuracy is 80%).
If it is near 25111 level on Thursday (and ind vix is less than 11.24) a very good time to make handsome money as market will touch 24946.27 level (probability s 80%)
For Monday we should follow buy the dip as long 24920 is intact.
Breaching 24920 market will show 24800-24781 as first target. If 30 min candle stays below this level (24780) then next tgt will be open. Will keep you posted if anything changes.
Caution: I am not SEBI registered it is my mathematical analysis and it is not buy or sell recommendation
Nifty July 4th Week Analysis Nifty trend is looking unclear and closing is certainly not in favor of bulls, downside would be open upto 24700 if nifty breaches important support of 24900-830. To resume its upside momentum nifty must cross and sustain above 25150-200.
All levels are marked in the chart posted.
Nifty Analysis EOD – July 18, 2025 – Friday🟢 Nifty Analysis EOD – July 18, 2025 – Friday 🔴
“Deep Dive Below 25K – Bounce or Breakdown Ahead?”
As we discussed yesterday, a big move was on the cards — and Nifty delivered.
The index started flat to negative, and from the opening tick, sellers took firm control. It sharply broke through multiple key supports: PDC, PDL, S1, the important 25,080–25,060 support zone, swing low, 25,000–24,980, and even 24,965.
Buyers finally showed up near 24,920, a crucial level, and pulled off a modest 86-point recovery. The session ended at 24,968.40, still below the psychological 25,000 mark and the fractal swing low of July 14.
🕯 5 Min Time Frame Chart with Intraday Levels
🔍 Mixed Signals:
✅ Positive: Today’s low aligns with the 0.618 Fib retracement from the June 13 low to June 30 high — potential support zone.
✅ Positive: RSI(3 of 3) shows bullish divergence — early reversal sign?
❌ Negative: Closed below July 14 swing low — weak structural signal.
❌ Negative: Below 25,000 — psychological breakdown.
❓Now the big question: Will this bearish move continue, or is it a fakeout before reversal?
You're still bullish on the overall daily trend, but tactically bearish for intraday until a close above 25,125 confirms strength.
🕯 Daily Time Frame Chart For Additional View
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,108.55
High: 25,144.60
Low: 24,918.65
Close: 24,968.40
Change: −143.05 (−0.57%)
📊 Candle Structure Breakdown
Real Body: 140.15 pts → Large red bearish body
Upper Wick: 36.05 pts → rejection near early highs
Lower Wick: 49.75 pts → dip buying near 24,920
🔍 Interpretation
Mildly negative open with early strength attempt near 25,140
Sharp decline through major support zones
Buyers stepped in at 24,920, but recovery lacked follow-through
Close below 25K and key swing low confirms steady intraday selling pressure
🕯 Candle Type
Strong Bearish Candle with both wicks — sellers dominated, but not without some resistance from buyers at the lows.
📌 Key Insight
Short-term bearish momentum confirmed
24,920–24,890 is next critical support; breakdown may extend to 24,882–24,825
Bulls need to close above 25,125+ to reclaim control
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 181.56
IB Range: 126.45 → Medium IB
Market Structure: 🔴 Imbalanced
🟢 Trades Triggered:
09:42 AM – Short Trade → ✅ Trailed SL Hit Profit (R:R = 1 : 3.87)
📌 Support & Resistance Levels
Resistance Levels:
24,980 ~ 25,000
25,080 ~ 25,060
25,125
25,168
25,180 ~ 25,212
Support Levels:
24,965
24,894 ~ 24,882
24,825
24,800 ~ 24,768
💭 Final Thoughts
“Sometimes markets fall not to reverse, but to recharge.”
Today’s drop pierced major support zones, but the bounce from 0.618 Fib hints at possible resilience.
Structure needs clarity — Monday’s session will reveal whether this was a trap or fuel for bears.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty in an important/cautious zoneNIFTY 50
25,000 is the Consensus Key Level:
Most market participants are watching 25,000 as a critical psychological and technical zone. Sustaining above this keeps the market in a neutral range; a strong close above 25,200 is required for any momentum shift toward 25,350 and 25,500.
Bearish Liquidity Trap Likely:
Due to widespread focus on 25,000, a brief dip below it for 1–2 days wouldn't be surprising—this would trigger stop-losses, sweep liquidity, and potentially set up a sharp reversal if key supports like 24,830 hold.
Immediate Support and Downside Risk:
If the index sustains below 25,000, watch 24,830 first, then 24,750 and 24,500 as possible downside levels. Failure to defend these could extend the correction, but oversold RSI and positive divergence are early signals for a relief bounce.
Momentum Indicators:
RSI is near oversold (30.45) and forming bullish divergence versus price—lower lows in price but higher lows in RSI—signaling selling exhaustion and bounce potential.
Action Plan:
Stay cautious on initial dips below 25,000; this area can act as a bear trap.
Look for confirmed reversal signals (strong bullish candles, RSI upturn) especially if the price swiftly reclaims 25,000+ after liquidity grabs.
Sustained close above 25,200 = bullish setup for 25,350/25,500 targets.
Sustained trade below 24,830 signals further weakness.
Summary:
NIFTY 50 is at a make-or-break level around 25,000. Expect possible stop-loss sweeps below this area, but also be prepared for a sharp reversal if key supports and positive divergences play out. Confirmation above 25,200 flips the bias bullish; below 24,830, further slide likely
Candlestick Confluence: Bearish Signals in a Bullish Trend🔹 30 June – Bearish Engulfing
A large bearish candle fully engulfed the prior bullish day, forming at new highs (~25,790). Classic sign of distribution after an extended uptrend. This marked the beginning of the current corrective leg.
🔹 3 to 10 July – Falling Three Methods
After the initial drop, price consolidated in a tight range. Three small-bodied candles (4–9 July) signaled indecision. On 10 July, a strong bearish continuation candle confirmed the Falling Three Methods pattern — strengthening the downside move.
🔹 15 July – Downward Gap Tasuki
A bearish gap formed between 12–14 July. On 15 July, a small bullish candle emerged but failed to fill the gap — forming a Downward Gap Tasuki, a bearish continuation pattern. While this is typically a trend-continuation signal, it's forming within a primary uptrend, making follow-through uncertain.
🧠 Trend Context: Bullish Dominance Meets Short-Term Exhaustion
Despite these bearish candlestick formations, the broader trend from April remains structurally bullish. This confluence of reversal + continuation signals indicates:
Controlled profit-booking at highs
Low conviction from bulls near resistance
Possible mid-trend correction, not a trend reversal (yet)
🔎 Key Technical Levels to Watch
📉 Support Zones:
25,050: Immediate swing low (14 July)
24,850: Prior breakout zone
24,600: Horizontal support from mid-June
📈 Resistance Zones:
25,300 – 25,350: Gap resistance from 12–15 July
25,500: Key rejection zone from recent highs
25,650 – 25,700: All-time highs
⚠️ Market Psychology
Bulls are still in control on the higher timeframe, but the emergence of strong bearish patterns suggests hesitation at the top.
With Indian CPI easing and RBI’s neutral stance, macro still supports the bullish narrative — but the technical structure is flashing red flags in the short term.
🧾 Conclusion
"Nifty Spot has printed a sequence of reliable bearish candlestick formations — Bearish Engulfing (30 June), Falling Three Methods (3–10 July), and Downward Gap Tasuki (15 July). While these indicate short-term pressure, the broader uptrend remains intact. A close below 25,050 could trigger a deeper correction to 24,850–24,600. Bulls need to decisively reclaim 25,400+ to nullify the bearish setup and resume the uptrend."
#Nifty50
#NiftyAnalysis
#NiftyTechnicalAnalysis
#NSEIndia
#IndianStockMarket
#BearishEngulfing
#FallingThreeMethods
#TasukiGap
#CandlestickPatterns
#PriceAction
Technical Analysis Forecast for NIFTY50 (25,191) (UTC+4) 1:11PM
1. Candlestick Patterns
Recent Structure:
If NIFTY50 closed near 25,191 with a long upper wick (shooting star/gravestone doji), it signals rejection at higher levels → bearish reversal potential.
A bullish engulfing/marubozu candle would indicate strength → upside continuation.
Key Observation: Watch for confirmation candles. A close below 25,000 invalidates bullishness.
2. Harmonic Patterns
Potential Setups:
Bullish Bat Pattern: If 25,191 aligns with the 0.886 retracement of a prior up-move (e.g., 24,800 → 25,191), it suggests a reversal zone for longs.
Bearish Crab: If 25,191 is the 1.618 extension of a prior swing, expect resistance → pullback to 24,900-25,000.
Action: Validate with Fibonacci levels. Break above 25,250 negates bearish harmonics.
3. Elliott Wave Theory
Wave Count:
Scenario 1 (Bullish): If in Wave 3 (impulse), 25,191 could extend to 25,500 (Wave 3 = 1.618x Wave 1).
Scenario 2 (Bearish): If in Wave B (corrective), 25,191 may peak → Wave C drop to 24,600 (Wave A = Wave C).
Confirmation: A break below 24,950 supports Wave C; hold above 25,100 favors Wave 3.
4. Wyckoff Method
Phase Analysis:
Distribution?: If volume spiked at 25,191 without further upside, it suggests "upthrust" (smart money exiting) → downside to 24,700 (accumulation zone).
Re-accumulation?: If consolidating near 25,191 on low volume, expect breakout toward 25,400.
Key Sign: Watch for springs (false breakdowns) or upthrusts (false breakouts).
5. W.D. Gann Theory
Price & Time Squaring:
25,191 is near 25,200 (a Gann square number). Close above 25,200 opens 25,500 (next resistance).
Time Cycle: July 15–20 is a potential turning window (watch for reversals).
Gann Angle: Trade above 1x1 angle (e.g., 45° from June low) = bullish momentum.
6. Indicator Synthesis (RSI + BB + VWAP)
RSI (14-period):
>70: Overbought → pullback likely if diverging (e.g., price highs ↑, RSI ↓).
<50: Loss of momentum → risk of deeper correction.
Bollinger Bands (20,2):
Price near upper band → overextended → mean-reversion to middle band (25,000) possible.
"Squeeze" (narrow bands) → impending volatility breakout.
VWAP (Daily):
Price above VWAP = intraday bullish bias. A dip to VWAP (~24,950) is a buy opportunity.
Price below VWAP = bearish control → sell rallies.
Intraday/Swing Outlook
Bullish Case (Hold above 25,100):
Target: 25,400 (Elliott Wave 3 + Gann resistance).
Trigger: Bullish candle close + RSI holding 60.
Bearish Case (Break below 25,000):
Target: 24,700 (Wyckoff accumulation + BB lower band).
Trigger: Bearish harmonic confirmation + RSI divergence.
Key Levels
Type Level Significance
Support 25,000 Psychological + BB middle band
24,700 Wyckoff accumulation zone
Resistance 25,191-25,200 Current price + Gann square
25,400 Elliott Wave 3 target
Trading Strategy
Intraday:
Long if holds 25,050-25,100 with RSI >50. Stop loss: 24,950. Target: 25,250.
Short if breaks 25,000 on high volume. Stop loss: 25,150. Target: 24,800.
Swing:
Wait for daily close above 25,200 (bullish) or below 24,950 (bearish).
Hedge with options: Buy 25,200 Calls + 25,000 Puts for volatility breakout.
Conclusion
25,191 is a pivotal level. The confluence of:
Harmonic resistance + Gann square at 25,200,
RSI near overbought territory,
Price testing BB upper band,
suggests short-term consolidation/pullback is likely. However, a daily close above 25,200 ignites bullish momentum toward 25,500. Trade the breakout/breakdown with confirmation.
*Disclaimer: This analysis is time-sensitive (as of July 15, 2025). Monitor real-time volume/price action for validation.*
For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade.
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya Trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
NIFTY 2HNifty is currently trading around the 25,200 level and has formed a symmetrical triangle pattern on the chart, which typically indicates a period of consolidation before a major move. This pattern reflects a balance between buyers and sellers, with price making lower highs and higher lows, gradually converging towards the apex. A breakout from this triangle, especially with strong volume, signals the potential start of a new trend. In this case, if the breakout sustains and is followed by a successful retest of the breakout zone as support, it strengthens the bullish outlook. Based on technical projections, there is a strong possibility that Nifty could rally towards the 28,000 level, marking a significant upside move from the current range. However, traders should monitor volume and price action closely to confirm the breakout's strength.
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in the stock market involves risk, and past performance is not indicative of future results. Please consult with a certified financial advisor or conduct your own research before making any investment decisions. We are not responsible for any losses incurred as a result of using this information. Stock market investments are subject to market risks; read all related documents carefully.
Nifty Analysis EOD – July 14, 2025 – Monday🟢 Nifty Analysis EOD – July 14, 2025 – Monday 🔴
"Broken Support, Fought Resistance – Tug of War in Play"
Nifty began the day with a classic Open = High (OH) setup, instantly rejecting any bullish intent. The crucial support zone of 25,080–25,060 was taken out early, and the market went on to mark the day's low at 25,001.95, a level that quickly turned into a decisive battleground.
After a bounce from the low, 25,125 emerged as a stiff resistance that pushed the index back below the broken support zone. For most of the session, the same support zone turned into resistance — a textbook polarity flip. However, in the final hour, Nifty showed resilience and finally closed back above 25,080, ending the session at 25,082.30.
🔄 The structure was full of failed intraday breakouts, signaling confusion and conflict — likely fueled by a wider CPR, imbalanced market structure, and medium IB of 109 pts. It was a low-volatility session, but packed with psychological tests.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,149.50
High: 25,151.10
Low: 25,001.95
Close: 25,082.30
Change: −67.55 (−0.27%)
📊 Candle Structure Breakdown
Real Body: 67.20 points – small to moderate bearish body
Upper Wick: 1.60 points – negligible upside attempt
Lower Wick: 80.35 points – strong defense from day’s low
🔍 Interpretation
Opened higher but got instantly rejected (OH formation).
Sellers took charge early but failed to hold momentum all the way.
The long lower wick reflects buyer presence at key 25,000 zone.
The close below open but above reclaimed support suggests tug of war — with bulls slightly redeeming themselves by EOD.
🕯 Candle Type
Hammer-like red candle — while bearish on close, the long lower shadow indicates potential exhaustion of selling and hints at reversal if follow-through buying emerges next session.
📌 Key Insight
25,000–25,020 has emerged as crucial near-term support.
A strong open or close above 25,150–25,180 may confirm a bullish reversal setup.
Breakdown below 25,000 opens the door for a fall toward 24,950 or lower.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 188.77
IB Range: 109.20 → Medium IB
Market Structure: 🔴 Imbalanced
Trades Triggered
09:50 AM – Long Trade → ❌ SL Hit
01:05 PM – Short Trade → ❌ SL Hit
📉 Tough day for directional trades — false breakouts dominated.
📌 Support & Resistance Zones
Resistance Levels
25,125
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,080 ~ 25,060
25,000 ~ 24,980
24,965
💭 Final Thoughts
“Reclaimed ground doesn’t mean victory – yet. Watch the next move. Rejection below 25,000 ends the bulls' narrative; a strong move above 25,180 rewrites it.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty holds important support zone.Nifty Analysis:
Support and Upside Targets
Market Recap
- Opening: Nifty opened flat, showing little directional bias at the start.
- Intraday Move: The index was dragged down towards the important support zone of 25,050–25,000
- Bounce: From this support zone, Nifty rebounded and managed to close above 25,080.
Technical Outlook:
Key Support Zone
- Support Range: 25,050–25,000
Significance: This zone has acted as a strong support, with buyers stepping in to defend it.
- Implication: As long as Nifty sustains above this zone, the short-term trend remains positive.
Upside Targets
If Nifty holds above the support:
- Immediate Targets: 25,200 and 25,300 are the next levels to watch for upward momentum.
- Long-Term Targets: 25,500 and 25,700 remain the key targets if the bullish momentum continues.
Summary
- Bullish View: Sustaining above 25,000–25,050 support zone keeps the index in a positive bias.
- Bearish Risk: A decisive break below 25,000 could lead to further downside.
- Strategy: Traders may consider staying long as long as Nifty holds above the support zone, watching for the mentioned targets.
Note: Always use appropriate risk management and monitor for any changes in market sentiment or global cues that may impact index movement.