Nifty Analysis EOD – September 4, 2026 – FridayNifty 50 IndexNSE:NIFTYkzatakia🟢 Nifty Analysis EOD – September 4, 2026 – Friday 🔴 Caged in 20 Points: Harami Doji Signals a Pause, Not a Pick 🗞 Nifty Summary Nifty opened with a gap up, and that positive tone extended another 40 points after the opening tick before finding a base at the 23,895 ~ 23,900 support zone. From there it gradually started climbing, adding 109 points off the day’s low — in that move we saw the IBH breakout and a test of the psychological 24,000 level. Unfortunately, it couldn’t reach PDH and fell back below both PDH and VWAP. Around 12:15 PM, the market got stuck in a cage of 20 ~ 25 points, a narrow 23,935 ~ 23,955 range for the rest of the session. The day ended with the 3:15 closing at 23,938.40, while the CAS closing came in 40 points lower at 23,897.70. Overall, the previous two days’ undertone is bearish, and today’s range of just 110 points stayed within the previous day’s range. The daily candle formed a Harami Doji (Inside bar with a doji), which indicates consolidation as well as the market waiting for a directional view. My short-term directional view remains intact, as mentioned in the previous day’s note. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 23,910.90 High: 24,005.75 Low: 23,895.85 Close: 23,897.70 Change: +24.25 (+0.10%) 🏗️ Structure Breakdown Type: Harami Doji — Inside Bar with a Doji, price opened, pushed toward 24K, then drifted back to close almost flat Range: ≈ 110 points — low volatility Body: ≈ 13 points — barely any net push from either side, buyers and sellers basically canceled out Upper Wick: ≈ 95 points — the rejection near the 24K test, supply showed up right at that level Lower Wick: ≈ 2 points — almost nothing here, the day’s low held without much fuss 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 172.38 IB Range: 59.40 → Small Market Structure: Balanced 🧱 Support & Resistance Levels Resistance Zones: 23935 | 23975 | 24010 ~ 24025 | 24070 Support Zones: 23850 ~ 23835 | 23785 | 23650 🧠 Final Thoughts “Sometimes the market isn’t picking a side — it’s just waiting for you to blink first.” Today felt like the market was testing patience more than direction — a strong push toward 24,000 that just couldn’t hold, followed by hours of going nowhere in a 20-point box. The Harami Doji says it plainly: nobody wants to commit yet. If 23,935 holds up above, a move back toward 23,975 and 24,010 ~ 24,025 could open up. Lose 23,850 ~ 23,835 and the 23,785 support comes into play, with 23,650 further down if things really slip. My short-term view hasn’t changed, so I’m staying patient rather than forcing anything on a day like this. Let the range resolve itself first. ✏️ 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.