Nifty Analysis EOD – June 24, 2026 – WednesdayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – June 24, 2026 – Wednesday 🔴 Calm Climb, Quiet Surprise: Bulls Reclaim Ground and Close Above 24K 🗞 Nifty Summary Nifty started flat and found initial support at the 23,790 zone. Within a few minutes, it tested the 23,890 resistance zone and gave an 85-point sharp retracement. From there, a sharp recovery followed — and then something quieter but equally impressive: a slow, steady upward move that took Nifty all the way to 24,075. What made today interesting was how it got there. 23,890, IBH, 23,970, 24,000 — all these levels broke one by one, calmly, almost without making noise. No wide candles, no momentum bursts. The 1-min candle ranges were small all day, yet the index just kept moving up. It also tested the Previous Day Open Price along the way. After tagging 24,075, Nifty spent nearly an hour consolidating around 24,045 in a tight 20–30 point range before ending the day at 24,013.15 on an intraday basis, with the final close at 24,021.65. Today’s price action was genuinely unexpected. Yesterday we saw a sharp fall with wide-range 1-min candles and clear momentum. Today had none of that — and yet, on a closing basis, bulls quietly recovered almost 70–75% of yesterday’s fall. Most of us, myself included, thought 23,970 ~ 24,000 wouldn’t be crossed today. The market didn’t prove us wrong by blasting through — it just closed above 24K, which said enough. Today’s range came in at exactly 300 points, placing it in the range expansion / trending day category. The daily candle structure reflects that quiet but real bullish effort. For the next session, bulls need to take on the 24,125 ~ 24,170 zone — that’s where bear defence is still active. After two back-to-back wide-range days, the upcoming session might lean range-bound within the two-day range of 24,125 ~ 23,790. Worth keeping in mind that tomorrow is also the last session before the long weekend. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 23,795.80 High: 24,090.05 Low: 23,789.25 Close: 24,021.65 Change: +197.55 (+0.83%) 🏗️ Structure Breakdown Type: Bullish candle — quiet, steady grind with a long upper wick Range: ≈ 301 points — high volatility Body: ≈ 226 points — reflects sustained buyer presence across the session Upper Wick: ≈ 68 points — some supply visible near the day’s high, sellers pushed back at 24,075+ Lower Wick: ≈ 7 points — almost no selling at the open; buyers stepped in almost immediately 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 266.07 IB Range: 115.10 → Medium Market Structure: Balanced Trade Highlights: 10:10 Long Trade: Target Hit (R:R 1:1.69) 11:19 Short Trade: SL Hit 12:09 Short Trade: SL Hit Trade Summary: The long trade in the morning read the move well and delivered. The two short trades after that didn’t work — the index just didn’t give the bears what they needed, and both stopped out. Days like this are a reminder that price action can look one way and move another. The system did its job; the results were mixed, and that’s fine. 🧱 Support & Resistance Levels Resistance Zones: 24,045 ~ 24,075 | 24,125 | 24,170 Support Zones: 23,900 | 23,855 | 23,790 | 23,650 ~ 23,620 🧠 Final Thoughts “The quietest moves often carry the most weight — the market doesn’t need to shout to make a point.” Today was one of those sessions where the price action looked weak on the surface but the result spoke differently. Small candles, low momentum — and yet Nifty closed above 24K and recovered most of yesterday’s fall. That gap between appearance and outcome is worth sitting with. For tomorrow, the 24,125 ~ 24,170 zone is the one to watch. If bulls can push into that zone with some follow-through, the picture changes. If the index stalls here and starts drifting back below 24,000, it might just be a two-day range situation playing out before the long weekend. Two SL hits today after a solid long — net day was okay, not great. Going into tomorrow’s pre-holiday session with a bit more patience, especially since range-bound conditions could mean a lot of whipsaw. Will let the levels speak first before committing. ✏️ 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.