Nifty Analysis EOD – February 23, 2026 – MondayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – February 23, 2026 – Monday 🔴 Tariff Gap Fades: Nifty Coils in 162-Point Range. 🗞 Nifty Summary Fueled by global tariff news, the Nifty started the week with an aggressive 112-point Gap Up. After finding an initial base 52 points below the open, the bulls launched a 145-point northern sprint, successfully breaching the PDH and the 25,700 resistance level. However, the momentum hit a wall at the 25,765 ~ 25,780 supply zone, which acted as a textbook “Balanced” market structure where the initial excitement was quickly absorbed by sellers. This triggered a complete round-trip back to test the day’s low and the Initial Balance Low (IBL). The entire day’s action was contained within a range of 162 points—nearly half the size of the Gladiator Avg Range(292.03)—indicating heavy consolidation and a lack of institutional conviction beyond the 25,780 peak. After several failed attempts by bears to break the floor, Nifty staged a late recovery to close at 25,704.25 (Adjusted: 25,713.00), managing to hold above the PDH. We remain in a “wait-and-watch” phase as the market searches for direction amidst significant confusion. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 25,678.40 High: 25,771.45 Low: 25,609.35 Close: 25,713.00 Change: +141.75 (+0.55%) 🏗️ Structure Breakdown Type: Bullish Spinning Top. Range: ≈ 162 points — moderate volatility (compressed relative to ATR). Body: ≈ 35 points — relatively small real body, signaling a lack of directional commitment. Upper Wick: ≈ 58 points — clear selling pressure at the 25,780 hurdle. Lower Wick: ≈ 69 points — healthy buying support defending the 25,600 base. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 302.23 IB Range: 144.95 → Medium Market Structure: Balanced Trade Highlights: 09:39 Short Trade: Target Hit (R:R 1:1.98) (Contra Trade from Resistance). 12:06 Long Trade: SL Hit (Caught in the mid-day range-bound chop). Trade Summary: The morning provided a sharp contra-opportunity as the 25,780 resistance rejected the first run. The strategy successfully captured nearly a 1:2 R:R move on the short side. However, the subsequent attempt to play the recovery resulted in a stop-loss as the index entered its directionless consolidation phase. 🧱 Support & Resistance Levels Resistance Zones: 25,700 | 25,765 ~ 25,780 (Critical) | 25,860 ~ 25,880 Support Zones: 25,620 | 25,490 | 25,400 ~ 25,370 🧠 Final Thoughts “The 380-point No-Man’s Land.” Today’s rangebound session is the “calm” before a potential storm. I will remain neutral until Nifty provides a decisive breakout and hold above 25,780 or a breakdown and sustain below 25,400. This 380-point corridor is likely to be wild, volatile, and full of traps. For now, the strategy is to wait for the Initial Balance to form each morning and avoid over-anticipating the move. Stay cautious, stay disciplined. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.