🟢 Nifty Analysis EOD – June 6, 2025 – Friday 🔴
🎯 25K Now, What's Next?
Nifty opened on a neutral tone, cautiously awaiting the outcome of the RBI Monetary Policy. As the event unfolded and the repo rate cut of 0.5% was announced, the celebration began on Dalal Street—and the charts reflected it.
What followed was a clean, powerful rally, breaking through key levels and carrying the index all the way to the psychological milestone of 25,000, where it closed almost flat on the round number at 25,003.05.
Today’s close is just shy of the May 26th high, and a few hurdles still remain:👉 25,060–25,070👉 25,115–25,130👉 25,180–25,212
These levels will decide whether the breakout from the box range—which we’ve discussed in earlier reviews—truly sustains. As long as there’s no negative trigger over the weekend, bulls may carry the momentum into next week.
🛡 5 Min Chart with Levels
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown
Open: 24,748.70
High: 25,029.50
Low: 24,671.45
Close: 25,003.05
Net Change: +252.15 (+1.02%)
📊 Candle Structure Breakdown
Real Body: 254.35 pts (Strong Green)
Upper Wick: 26.45 pts
Lower Wick: 77.25 pts
🔍 Interpretation
A session that began quietly turned into a bullish sprint.
The small upper wick shows there was minimal rejection at higher levels.
The lower wick reflects early dip buying.
The strong green body signals dominant intraday momentum, with bulls in charge from start to finish.
🔦 Candle Type
🟢 Bullish Marubozu–like candle– Almost a full body with small wicks, indicating powerful follow-through buying and confidence among bulls.
📌 Key Insight
25,000 breakout looks clean and technically sound.
Holding above 24,900–24,950 in the coming session could lead to further upside exploration.
All eyes on volume confirmation and whether we can conquer the next resistance band near 25,130+.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 274.31
IB Range: 91.90 → Medium IB
Market Structure: Balanced
Trades:✅ 10:05 AM – Long Triggered → Target Achieved (1:1.4)✅ 10:40 AM – Long Triggered → Target Achieved (1:2)
📌 Support & Resistance Zones
Resistance Levels
25,062 ~ 25,070
25,116 ~ 25,128
25,180 ~ 25,212
Support Levels
24,972
24,920 ~ 24,894
24,800 ~ 24,768
24,727 ~ 24,737
24,660
💭 Final Thoughts
Momentum is back.Bulls not only broke free from consolidation—they made a statement. The RBI’s surprise move might just be the fuel Nifty needed to launch toward unexplored zones.
📌 “Big breakouts don’t ask for permission. They just happen—when doubt is highest.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
🎯 25K Now, What's Next?
Nifty opened on a neutral tone, cautiously awaiting the outcome of the RBI Monetary Policy. As the event unfolded and the repo rate cut of 0.5% was announced, the celebration began on Dalal Street—and the charts reflected it.
What followed was a clean, powerful rally, breaking through key levels and carrying the index all the way to the psychological milestone of 25,000, where it closed almost flat on the round number at 25,003.05.
Today’s close is just shy of the May 26th high, and a few hurdles still remain:👉 25,060–25,070👉 25,115–25,130👉 25,180–25,212
These levels will decide whether the breakout from the box range—which we’ve discussed in earlier reviews—truly sustains. As long as there’s no negative trigger over the weekend, bulls may carry the momentum into next week.
🛡 5 Min Chart with Levels
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown
Open: 24,748.70
High: 25,029.50
Low: 24,671.45
Close: 25,003.05
Net Change: +252.15 (+1.02%)
📊 Candle Structure Breakdown
Real Body: 254.35 pts (Strong Green)
Upper Wick: 26.45 pts
Lower Wick: 77.25 pts
🔍 Interpretation
A session that began quietly turned into a bullish sprint.
The small upper wick shows there was minimal rejection at higher levels.
The lower wick reflects early dip buying.
The strong green body signals dominant intraday momentum, with bulls in charge from start to finish.
🔦 Candle Type
🟢 Bullish Marubozu–like candle– Almost a full body with small wicks, indicating powerful follow-through buying and confidence among bulls.
📌 Key Insight
25,000 breakout looks clean and technically sound.
Holding above 24,900–24,950 in the coming session could lead to further upside exploration.
All eyes on volume confirmation and whether we can conquer the next resistance band near 25,130+.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 274.31
IB Range: 91.90 → Medium IB
Market Structure: Balanced
Trades:✅ 10:05 AM – Long Triggered → Target Achieved (1:1.4)✅ 10:40 AM – Long Triggered → Target Achieved (1:2)
📌 Support & Resistance Zones
Resistance Levels
25,062 ~ 25,070
25,116 ~ 25,128
25,180 ~ 25,212
Support Levels
24,972
24,920 ~ 24,894
24,800 ~ 24,768
24,727 ~ 24,737
24,660
💭 Final Thoughts
Momentum is back.Bulls not only broke free from consolidation—they made a statement. The RBI’s surprise move might just be the fuel Nifty needed to launch toward unexplored zones.
📌 “Big breakouts don’t ask for permission. They just happen—when doubt is highest.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Blogs : substack.com/@kzatakia
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Blogs : substack.com/@kzatakia
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.