Nifty Analysis EOD – July 3, 2026 – FridayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – July 3, 2026 – Friday 🔴 Gap and Grind: Bulls Fade From the Open as Nifty Slips Below IBL to 24,271 🗞 Nifty Summary Nifty opened with a 210-point gap above the 24,335 resistance zone, but the strength didn’t last long — an 83-point fall from the open (Open = High candle) showed sellers were active from the first tick itself. Most of the session then settled into a tight 50-point range, with both sides getting trapped in fakeouts along the way. Around 1:30 PM, the index broke below IBL and extended another 42 points, eventually closing at 24,271.6, below the IBL. The day still ended in positive territory overall, but it felt like bears were in control for most of the session, with sellers doing damage control just to protect the gap-up open. BankNifty seemed to be the one disturbing sentiment today — it tested its previous day low even while Nifty was holding above PDH. For the next session, a gap-fill looks possible. An opening above 24,335 might keep the bullish trend going without needing to fill the gap first. The candle itself looked like a strong bearish one despite the green close, and Monday’s opening tick should give more clarity on which way this settles. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,375.65 High: 24,378.15 Low: 24,252.35 Close: 24,270.85 Change: +95.15 (+0.39%) 🏗️ Structure Breakdown Type: Strong Bearish — sellers took over almost right after the open Range: ≈ 125.8 points — low volatility Body: ≈ 104.8 points — reflects steady seller pressure through the session Upper Wick: ≈ 2.5 points — barely any, bulls didn’t get a chance near the top Lower Wick: ≈ 18.5 points — a small attempt at demand, but not enough to change the tone 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 235.58 IB Range: 83 → Medium Market Structure: ImBalanced Trade Highlights: 11:59 Long Trade: SL Hit 13:04 Short Trade: Target Hit (R:R 1:2.23) Trade Summary: The long trade got stopped out, which happens when the open behaves this way. The short trade around 1 PM worked out well, catching the IBL breakdown for a solid R:R of 1:2.23. Net net, the system did its job today even with one loss on the board. Still a learner in days like this, letting the setups play out instead of forcing anything. 🧱 Support & Resistance Levels Resistance Zones: 24,189 | 24,235 ~ 24,285 | 24,335 Support Zones: 24,125 | 24,050 | 23,970 🧠 Final Thoughts “A green close can still feel like a red day if the sellers never really left the room.” Today looked like a classic gap-and-fade — the open promised one thing and the session delivered another, with bears quietly doing the damage control work under a positive headline number. For Monday, a gap-fill toward 24,189 or lower looks possible early on. If 24,335 gets reclaimed and held, the bullish trend might continue without needing to fill that gap at all — but until then, it’s better to treat this as a range with two-sided risk. Staying a conservative trader here feels right — no need to guess Monday’s open, just wait for the first tick and let the structure show itself 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.