Nifty Analysis EOD – July 24, 2025 – Thursday

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Nifty Analysis EOD – July 24, 2025 – Thursday Nifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – July 24, 2025 – Thursday 🔴 📉 A Surprise Expiry Collapse – When Strength Turns into a Sucker Punch Today’s session was an unexpected twist. Nifty opened above the previous day’s high, giving early hope to the bulls—but within the first hour, it slipped to 25,155 and formed its IB. What followed was a sharp 136-point fall, breaking not just yesterday’s low, but also the July 22nd low. This sudden bearish momentum was completely news-driven, and expiry-day long unwinding only added fuel to the fire. Despite a strong close yesterday, today’s fall erased all of July 23rd’s gains and brought us right back to July 22nd’s close—neutralizing the recent upward effort. The day closed at 25,062, marginally above key support. Technically, today’s low respected the 0.618 Fib retracement level drawn from July 21st’s low to July 23rd’s high—so a dead cat bounce is possible if no further bad news hits. But if we open below 25,050 tomorrow, expect more downside pressure toward 24,960–24,890 zones. 🕯 5 Min Time Frame Chart with Intraday Levels 🕯 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 25,243.30 High: 25,246.25 Low: 25,018.70 Close: 25,062.10 Change: −157.80 (−0.63%) Candle Structure Analysis: 🔴 Body: Large red body (181.2 pts) shows strong intraday selling. ☁️ Upper Wick: Tiny (2.95 pts) → sellers dominated from the start. 🌊 Lower Wick: Moderate (43.4 pts) → small recovery near close. Candle Type: Almost a bearish Marubozu — clear domination by sellers with barely any upper shadow, signaling intense sell pressure. Key Insight: Bulls lost control after open. Bears took charge below 25,155. Close near support, but bias cautious. Bulls must reclaim 25,150+ for recovery, else 25,000 may give way. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 185.97 IB Range: 83.55 → Medium Market Structure: Balanced Trades Triggered: ⏰ 10:05 AM – Short Entry → SL Hit ⏰ 11:10 AM – Short Entry → Target Hit (1:3.6 Risk:Reward) 📊 Support & Resistance Levels Resistance Zones: 25,125 25,155 25,180 ~ 25,212 25,233 Support Zones: 25,080 ~ 25,060 25,020 25,000 ~ 24,980 24,967 ~ 24,959 24,882 🔮 What’s Next? A gap-up or stable open may trigger a dead cat bounce toward 25,150–25,180. A gap-down below 25,050 confirms bearish continuation → next targets: 24,960 / 24,890. Watch price action around the 25,020–25,060 zone closely. 🧠 Final Thoughts “Markets are never wrong – opinions often are.” — Jesse Livermore Today was a reminder of how expiry day surprises and news flows can flip the narrative. Stay flexible, and keep a bias—but not a blind one. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.