Nifty Analysis EOD – July 27, 2026 – MondayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – July 27, 2026 – Monday 🔴 Gap and Grind: Nifty Holds Above PDH All Day, Eyes 24,000 Into Monthly Expiry 🗞 Nifty Summary Nifty opened with a gap up of 143 points above the PDH and the resistance zone of 23,920. The first-minute candle carved out a 68-point range, and the index stayed range-bound within that band until 11:25 AM. After that, it drifted into a tighter consolidation around the IBH — roughly 25 points of chop — before breaking out at 2:00 PM, adding another 40 points and marking the day high at 24,011.60. Nifty closed at 23,995.95, just under the psychological 24,000 mark, near the day’s highs. Tomorrow is Monthly Expiry, and geopolitical tension is still in the picture. I’ll wait for OI data before taking any position. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 23,928.40 High: 24,011.60 Low: 23,891.55 Close: 23,995.95 Change: +228.50 (+0.96%) 🏗️ Structure Breakdown Type: Bullish candle — buyers in control from open to close with minimal giveback Range: ≈ 120 points — moderate volatility Body: ≈ 67.55 points — steady buying pressure, though the move was more of a grind than a push Upper Wick: ≈ 15.65 points — light rejection near 24,011, sellers barely showed up at the highs Lower Wick: ≈ 36.85 points — a brief dip below the open early on, but demand held and didn’t let it go far 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 229.71 IB Range: 67.80 → Small Market Structure: ImBalanced Trade Highlights: No Trade Trade Summary: Wasn’t at my desk today, so let the session pass without a trade. 🧱 Support & Resistance Levels Resistance Zones: 24,035 ~ 24,050 | 24,110 ~ 24,125 Support Zones: 23,950 ~ 23,935 | 23,885 ~ 23,860 | 23,823 🧠 Final Thoughts “A gap held is a statement — but the real question is what the market does when the crowd shows up at expiry.” The gap up today said something simple: sellers from last week didn’t step back in at the open. Nifty absorbed the gap, stayed above PDH all session, and closed near the highs — that’s a quiet kind of strength, not a loud one. Tomorrow is Monthly Expiry. OI data will matter more than chart patterns in the first hour. The 23,950 ~ 23,935 zone will be the first test if Nifty opens soft — if that holds, the 24,035 ~ 24,050 band is the next real target. A slip below 23,885 would change the tone quickly. Geopolitical noise is still in the background. I’m not planning to pre-position — I’ll read the OI, watch the opening, and let the data lead. Expiry days reward patience more than conviction. ✏️ 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.