Nifty Analysis EOD – July 6, 2026 – MondayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – July 6, 2026 – Monday 🔴 Bulls Hold the Fort: Nifty Battles 24450 to Close Strong at 24430 🗞 Nifty Summary Nifty opened with a gap-up of 40 points, even as Gift Nifty was showing 20 points negative. After an initial tick 24 points down, the index found its base at 24,287.10 and from there climbed gradually and steadily, moving up 166 points to reach 24,450, where it face resistance. It tried multiple times to break out above this level, but around 1:40 PM the last attempt failed and price fell back below IBH, 76 points off the day’s high. PDH came in to rescue the move here, and Nifty found support and bounced back 65 points, with the day closing at 24,423.75 and the adjusted close at 24,430.35, slightly above the 200 EMA. Overall, the day was controlled by bulls and formed a 172-point range. The 24,420 ~ 24,430 zone was a struggling area for bulls to break through, but managing to close around it shows some strength. The candle looks like a strong bullish one with a small upper wick, hinting buyers stayed in control right till the close. Tomorrow is a weekly expiry session, and with the put-call ratio at 0.99, it could be a session where either side holds the edge. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,306.85 High: 24,458.65 Low: 24,287.10 Close: 24,430.35 Change: +159.50 (+0.66%) 🏗️ Structure Breakdown Type: Strong Bullish — buyers stayed in control through most of the session Range: ≈ 172 points — moderate volatility Body: ≈ 123.5 points — shows buyers held onto most of the gains right up to the close Upper Wick: ≈ 28.3 points — a small rejection near the highs, nothing that looks like heavy supply Lower Wick: ≈ 19.75 points — minimal selling pressure at the lows, the dip got bought fast 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 230.80 IB Range: 108.70 → Medium Market Structure: Balanced Trade Highlights: 09:45 Long Trade: Target Hit (R:R 1:2.28) 13:46 Short Trade: Target Hit (R:R 1:1.63) Trade Summary: Both trades worked well today — the long trade in the morning caught the move away from the base at 24,287.10 and hit target with a solid 1:2.28 reward. The quick short trade in the afternoon caught the breakdown and hit target too, at 1:1.63. Two clean trades and two targets hit feels good, but I’d rather credit the system doing its job than anything special from me. 🧱 Support & Resistance Levels Resistance Zones: 24480 ~ 24510 | 24600 Support Zones: 24350 | 24285 ~ 24235 | 24160 🧠 Final Thoughts “Holding a level isn’t glamorous, but sometimes just not giving it back is the whole win.” What stood out to me today was how many times Nifty tried 24,450 and got turned back, yet never really broke down either. The bounce off PDH after that 1:40 PM failure felt like buyers weren’t ready to let go of the day just yet. For tomorrow, 24480 ~ 24510 is the zone I’m watching on the upside — if that goes, 24600 opens up. On the downside, 24350 and then 24285 ~ 24235 are the levels that matter; if those hold, this range could continue a bit longer. Being a weekly expiry day with the PCR near 0.99, I’ll stay a little more careful with position sizing and let the first hour settle before doing much. ✏️ 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.