Nifty Analysis EOD – March 23, 2026 – MondayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – March 23, 2026 – Monday 🔴 22,480 Floor: Nifty Hit Target of Harami Cross Amidst Geopolitical Storm. 🗞 Nifty Summary After a weekend filled with heavy geopolitical tension, the Nifty started the week with a painful 287-point Gap Down. The selling pressure was immediate; the index lost another 200 points within the first five minutes and gradually slipped a further 150 points to test the 22,480 level. As we had discussed in previous notes regarding the Harami Cross target, this level acted as a solid floor for the remainder of the session. Nifty spent most of the day hovering in a dull range between 22,500 ~ 22,580, eventually closing at 22,492.65 (Adjusted close: 22,512.65), marking a massive loss of -601.85 points (-2.60%). As I write this, the landscape is shifting again. News of easing tensions is flashing, and Gift Nifty is currently at 23,200, suggesting a potential +700 point Gap Up for tomorrow. However, there are conflicting reports and denials of this positive news as well. Tomorrow is weekly expiry, and after today’s massive move, we must be extremely careful. I will wait for the opening bell to see if any potential gap-up can actually sustain. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 22,824.35 High: 22,851.70 Low: 22,471.25 Close: 22,512.65 Change: -601.85 (-2.60%) 🏗️ Structure Breakdown Type: Strong Bearish Candle. Range: ≈ 380 points — very high volatility. Body: ≈ 312 points — aggressive and sustained selling pressure. Upper Wick: ≈ 27 points — minimal buying strength at the open. Lower Wick: ≈ 41 points — very limited support seen near the day’s low. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 445.25 IB Range: 259.10 → Big Market Structure: Balanced (Post-initial slide) Trade Highlights: No Trade Day Trade Summary: I decided to stay out of the market and remain a pure observer today. Between the huge opening gap and the massive Initial Balance (IB) range, the risk-reward ratio just didn’t make sense for my style. In such wild conditions, sometimes the most productive thing I can do as a learner is to sit back, watch the price action, and protect my capital for a clearer day. 🧱 Support & Resistance Levels Resistance Zones: 23,200 | 23,333 | 23,410 | 23,565 Support Zones: 22,930 | 22,840 ~ 22,800 | 22,736 | 22,500 (Critical Floor) 🧠 Final Thoughts “The target was hit, but the noise remains louder than the numbers.” The 22,480 level held as expected, providing a technical anchor in a sea of panic. With the current rumor-driven spike in Gift Nifty and the upcoming weekly expiry, tomorrow is set to be another high-voltage session. I’m not going to over-anticipate the +700 point gap; I’ll let the market open, see if it sustains, and wait for the structure to talk to me. Staying humble enough to admit I don’t know where the next tweet will take us is my best defense right now. ✏️ 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.