Nifty Analysis EOD – 21 July, 2026 – Tuesday

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Nifty Analysis EOD – 21 July, 2026 – TuesdayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – 21 July, 2026 – Tuesday 🔴 Compression Continued: Inside the Inside: Silent Expiry 🗞 Nifty Summary Nifty opened flat to negative and made a brief attempt to test the PDH, but 24,260 acted as strong resistance and pushed price back down. The index then slowly and steadily breached the IBL and moved to the 24,160 support zone. From there, the rest of the session was spent within a tight 24,190 ~ 24,160 band — just a 30-point range. There was one attempt to break below this range, but the PDL held as strong support and a sharp recovery brought price back to the upper band. After 3:00 PM, the range compressed further to just 16 points, and the session ended quietly at 24,193.95 with no real displacement in either direction. Today’s weekly expiry closed very silently — no struggle, no drama. On the daily time frame, we’re still inside the previous day’s range, which is itself inside the prior bar. That’s deep contraction. A breakout on either side is needed before an expansion play can develop. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,216.05 High: 24,262.20 Low: 24,135.65 Close: 24,187.70 Change: −50.80 (−0.21%) 🏗️ Structure Breakdown Type: Bearish Spinning Top — price drifted lower but neither side committed Range: ≈ 127 points — low volatility Body: ≈ 28 points — minimal seller pressure, no real follow-through Upper Wick: ≈ 46 points — mild supply rejection at the open area Lower Wick: ≈ 52 points — buyers defended the lows but lacked energy to reclaim 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 239.60 IB Range: 112.45 → Medium Market Structure: Balanced Trade Highlights: 09:53 Long Trade: SL Hit 10:22 Short Trade: Trailing SL Hit (small loss) 11:43 Short Trade: SL Hit 12:58 Short Trade: SL Hit Trade Summary: Four trades today and all four closed in the red — three clean SL hits and one trailing SL that still ended with a small loss. On a day this compressed, the system kept finding setups that the market simply refused to follow through on. It happens. The structure was balanced, the range was tight, and that combination doesn’t always play well with momentum entries. Nothing to force-correct here — this was the market’s day, not mine. 🧱 Support & Resistance Levels Resistance Zones: 24,260 | 24,300 | 24,360 ~ 24,380 | 24,430 | 24,460 Support Zones: 24,200 ~ 24,160 | 24,100 | 24,030 🧠 Final Thoughts “When the market stops talking, stop trying to finish its sentences.” Today was a reminder that not every session hands you something clear. The index spent most of the day in a 30-point box — and on a weekly expiry day, that silence is its own kind of message. Four SL hits across four trades says less about the setups and more about the conditions. Balanced structure, compressed range, no expansion — the Gladiator system was looking for a move that the market had already decided not to make. Looking into tomorrow, the key zone to watch is 24,200 ~ 24,160 on the support side. If that holds and price starts pushing above 24,260, there’s a case for an expansion attempt toward 24,300 and beyond. A clean break below 24,160, on the other hand, opens the door toward 24,100 and possibly 24,030. The inside-bar-within-inside-bar structure on the daily means whichever side breaks first, it could move with some energy. Four reds in a row can feel heavy at the end of the day. But forcing trades into a market that’s made up its mind to do nothing is a different kind of mistake. Tomorrow I come in fresh, watch the levels, and let the price show me something before I act. ✏️ 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.