Nifty Analysis EOD – April 13, 2026 – MondayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – April 13, 2026 – Monday 🔴 Resilient Recovery: Nifty Erases Most of the 473-Point Gap. 🗞 Nifty Summary The week started with extreme pressure as Nifty opened with a massive 473-point Gap Down due to intensifying geopolitical headlines. The first five minutes were chaotic, with wild swings of 144 points. However, once the index found a base around the 23,580 support zone, a gradual and steady recovery began. Nifty reclaimed 23,780 and sliced through the 23,830 ~ 23,860 resistance zone to mark a day high of 23,907.40. After a minor 92-point retracement from the peak, the index settled at 23,818.90 (Adjusted Close: 23,842.65). Despite the 208-point loss from the Previous Day Close (PDC), the intraday story was one of pure buyer dominance. From the day’s low, the index staged a remarkable 351-point recovery. This suggests that while the news caused initial panic, the internal strength of the market remains robust. The big question remains: if the geopolitical news was significant enough to cause a 473-point drop, what triggered the 350-point recovery? It could be a lack of follow-through on the negative news or simply aggressive weekly expiry adjustments. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 23,589.60 High: 23,907.40 Low: 23,555.60 Close: 23,842.65 Change: −207.95 (−0.86%) 🏗️ Structure Breakdown Type: Bullish candle (close above open despite negative net change). Range: ≈ 352 points — high volatility. Body: ≈ 253 points — strong buying pressure. Upper Wick: ≈ 65 points — some resistance near highs. Lower Wick: ≈ 34 points — limited downside rejection. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 488.68 IB Range: 144.1 → Small Market Structure: ImBalanced Trade Highlights: No Trade Trade Summary: I decided to stay on the sidelines today. Given the news-driven nature of the massive gap down, I chose to avoid participating in the recovery move. 🧱 Support & Resistance Levels Resistance Zones: 23,830 ~ 23,860 | 24,020 | 24,160 | 24,280 Support Zones: 23,780 | 23,580 | 23,480 | 23,210 ~ 23,185 🧠 Final Thoughts “The market often overreacts to the first headline and corrects on the second.” Tomorrow is a holiday, so I won’t be forming any firm bias or “wearing any cap.” I will simply wait for the Wednesday opening tick to see if this recovery has legs or if it was just a temporary bounce. The resilience shown today is impressive, but with geopolitical situations, the ground can shift quickly. I’ll stay disciplined and wait for the market to establish a clearer structure after the break. ✏️ Disclaimer This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.