Nifty Analysis EOD – August 10, 2026 – MondayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – August 10, 2026 – Monday 🔴 The 24,600 Wall Holds: Nifty’s Tightest 180-Point Range Sets Up for Expiry 🗞 Nifty Summary I was away working on another project, so this diary went quiet for a while — apologies to regular readers for the gap. Nifty opened flat to positive and tested the 24,600 resistance zone, marking the day high at 24,620.95. From there it dropped sharply 110 points, where the PDL + S1 zone stepped in and helped the index find its base. From that base, Nifty climbed back toward 24,600, where resistance did its job again and price got stuck in a 20–30 point range. There were one or two attempts to break the 24,600 wall, but each was rejected, and the day closed at 24,560 — with the adjusted close at 24,583.80, up 23.65 points. Overall, the day stayed inside the IB with a range of 109.85 points — the third session in a row to stay inside IB. The daily candle itself is a tiny-bodied one with a longer lower wick — indecision on the surface, but with dip-buying defending the lows underneath. Tomorrow is weekly expiry and the second expiry under the CAS system. What stands out most: from the previous expiry until today, Nifty’s range has been just 180 points — the smallest I’ve seen in recent memory. The OI band is also very tight, so I’m expecting a volatile session tomorrow. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,581.25 High: 24,620.95 Low: 24,511.10 Close: 24,583.80 Change: +13.15 (+0.05%) 🏗️ Structure Breakdown Type: Doji (Indecision) — tiny body with a longer lower wick, showing support defense but no clear directional push Range: ≈ 109.85 points — low volatility Body: ≈ 2.55 points — near-equal open and close, buyers and sellers essentially fighting to a draw Upper Wick: ≈ 37.15 points — mild rejection at the highs near the 24,600 wall Lower Wick: ≈ 70.15 points — dip buying stepped in and defended the lows 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 196.60 IB Range: 109.85 → Medium Market Structure: Balanced Trade Highlights: No Trade Trade Summary: No trades today — the market stayed tucked inside the IB the whole session, and there wasn’t a clean setup that matched the plan. With the range this tight and expiry sitting right on top of it, staying out felt like the right call rather than forcing something. A conservative trader waits for the setup to show up instead of hunting for one. 🧱 Support & Resistance Levels Resistance Zones: 24625, 24675, 24765 ~ 24825 Support Zones: 24530 ~ 24500, 24420, 24365 🧠 Final Thoughts “The market wasn't resting today, it was just deciding — and deciding takes time too.” Today was really about that 24,600 level. Nifty pushed above it early, got rejected hard, found support at PDL + S1, and came right back to test the same wall two or three times — never getting through. Three sessions in a row inside the IB now, which is the tightest stretch I’ve seen in a while. For tomorrow, 24,625 and then 24,675 ~ 24,765/24,825 are the levels I’m watching on the upside — if Nifty finally clears 24,600 and holds above it, that opens room to move. On the downside, 24,530 ~ 24,500 is first support, then 24,420 and 24,365 below that. With weekly expiry and such a tight OI band, I wouldn’t be surprised if one of these levels gives way quickly. Second CAS expiry tomorrow, and after such a tight range building up, I want to stay patient rather than jump at the first move. Better to wait for the session to settle before picking a side. ✏️ 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.