Nifty Analysis EOD – January 1, 2026 – ThursdayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – January 1, 2026 – Thursday 🔴 New Year’s Consolidation: Nifty Pauses as 26200 Ceiling Remains Intact. 🗞 Nifty Summary The first session of 2026 opened with a 34-point Gap Up, showing early intent to carry forward the year-end momentum. However, the index faced stiff resistance near the 26200 level. After multiple failed attempts to breach this psychological hurdle, Nifty slipped below the PDC, eventually finding support around 26110 (the previous day’s swing low). After marking the day’s low, the index spent the remainder of the session oscillating within a tight 50–60 point range. Nifty concluded the day at 26,146.55, essentially flat (+0.06%) compared to the previous close. The session was characterised by low volatility and a clear “no-trade” environment after the initial failed expansion. 🛡 5 Min Intraday Chart with Levels 🛡 Intraday Walk Coming off a high-momentum trading day yesterday, today acted as a standard consolidation or “breather” day. With an overall range of only 84 points and an IB range of 50 points, the market lacked the directional conviction required for trend-following setups. The primary challenge remains the 26220 ~ 26235 resistance zone; until this hurdle is cleared on a closing basis, the bullish continuation is on pause. The session effectively turned into a sideways trap for impatient traders, as the price remained anchored to the PDC for the majority of the afternoon. 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 26,173.30 High: 26,197.55 Low: 26,113.40 Close: 26,146.55 Change: +16.95 (+0.06%) 🏗️ Structure Breakdown Type: Small-body indecision candle (Spinning Top). Range (High–Low): ≈ 84 points — low to moderate intraday activity. Body: ≈ 27 points — weak directional commitment between open and close. Upper Wick: ≈ 24 points — mild rejection observed near the 26200 barrier. Lower Wick: ≈ 33 points — buyers successfully absorbed dips near the 26110 support. 📚 Interpretation The candle structure signals a pause in the prevailing trend. While the close was marginally positive, the presence of wicks on both sides and a small real body suggests a balance between buyers and sellers. Following a strong move, this consolidation near highs is often healthy, though it requires a breakout from the current range to confirm the next leg. 🕯 Candle Type Spinning-Top / Consolidation Candle near Highs — Indicates a temporary exhaustion of momentum; the direction of the breakout from today’s range will determine the short-term trend. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 166.26 IB Range: 48.30 → Medium Market Structure: Balanced Trade Highlights: 14:21 Long Trade: SL Hit (Emotional Trade) Trade Summary: A stark reminder of the psychological battle on the first day of the year. While the system strictly signaled a “No Trade Day” due to the narrow IB and range-bound chop, the human element faltered. The internal pressure to “start the year with a win” combined with the sheer boredom of sitting idle for hours led to a forced long entry at 14:21. The market, staying true to the system’s original “balanced” reading, offered no follow-through. A painful but necessary lesson: the system’s silence is often more valuable than a forced signal. 🧱 Support & Resistance Levels Resistance Zones: 26187 (PDC) 26220 ~ 26235 (Next Major Hurdle) 26277 Support Zones: 26104 (Immediate Support) 26070 ~ 26050 (Strong Base) 26030 25985 🧠 Final Thoughts “Patience is the first trade of 2026.” Today’s range (26113 ~ 26197) is now a designated “No-Trade Zone.” For a bullish continuation, Nifty must cross and hold above 26220 ~ 26235. Conversely, a breach below 26100 could signal a deeper retracement toward 26050. We wait for a definitive breakout from the current consolidation box before committing capital. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.