🟢 Nifty Analysis EOD - April 25, 2025 🔴
"Inside Bar Alert — Calm Before the Storm"… And Then the Storm Hit!
📊 Market Recap: A Walk? No. A Sprint Downhill!
As we noted in yesterday’s report, the Inside Bar setup was hinting at a possible breakout—today, it delivered that breakout with thunder and lightning. And if you blinked, you probably missed it.
Nifty opened at 24,289, looked like it might test bullish waters by attempting PDH twice within the first 15 minutes, but the sellers were just getting warmed up. What followed was a merciless 400-point drop in just 30 minutes, slicing through level after level like a knife through butter.
Zone after zone fell like dominoes:
CDO
CPR Zone
PDH
S1, S2, S3, S4
24,225, 24,188
200 SMA at 24,052
24,000 ~ 23,951 Zone
Virgin Zone 23,905 ~ 23,872
Absolutely brutal sell-off. No mercy. No pause. Just raw momentum to the downside.
🕯️ Daily Candle Structure: Long-Legged Bearish
Today’s daily candle adds a strong bearish tone to the chart:
Open: Flat to Mild Gap-Up
High: 24,365.45
Low: 23,847.85
Close: Deep in red
Despite a small attempt at recovery near the lows, buyers couldn’t even regain the opening level. What’s left is a long-legged bearish candle, indicating volatility, intraday recovery attempt, and bear dominance.
📌 This type of candle often signals distribution or exhaustion, especially when it appears after a long rally. If the next session continues the bearish move, this might be the start of a short-term correction. If we get a bullish bounce, then today’s low may act as a temporary support.
🔍 Recalling the Setup:
We previously observed a Hanging Man on April 23, signaling a possible reversal. Then, the Inside Bar formed on April 24—a classic setup for a breakout.
✔️ Our expectation: 1x Mother Bar Range as a move
✔️ Bias: Slightly Bearish due to the Hanging Man and overall overextended rally
❌ Expectation: Didn’t expect this much bloodshed this fast!
📌 Gladiator Strategy Update
ATR: 347.27
IB Range: 405.4 (Extra Large IB)
Market Structure: Balanced
🎯 Trade Highlights:
No System Trade: Setup didn’t align with risk management rules
Additional Trade (Discretionary Contra):
Long Entry Triggered at 12:35 PM
✅ Target Achieved: 1:3.7 Risk-Reward
📉 Index Performance Snapshot:
Nifty 50: -207 Points (-0.86%)
Bank Nifty: -537 Points (-0.97%)
Nifty 500: -332 Points (-1.5%)
Midcap: -1399 Points (-2.5%)
Smallcap: -416 Points (-2.45%)
Midcaps and smallcaps took the biggest hit, showing broad-based weakness across the market.
📌 Key Levels to Watch
📍 Resistance Zones:
24,050
24,120
24,190 ~ 24,225
24,330 ~ 24,360
24,480 ~ 24,540
24,800
📍 Support Zones:
24,000 ~ 23,950 (Immediate)
23,820
23,710 ~ 23,660
23,500
23,410 ~ 23,370
23,215
🧭 Final Thoughts:
"The storm doesn't announce itself with thunder—it begins with silence. Yesterday was silent. Today was the thunder."
The Inside Bar setup has played out, but now eyes are on whether we get follow-through selling or a relief bounce. The next session’s first 30–45 mins might give a clue.
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
"Inside Bar Alert — Calm Before the Storm"… And Then the Storm Hit!
📊 Market Recap: A Walk? No. A Sprint Downhill!
As we noted in yesterday’s report, the Inside Bar setup was hinting at a possible breakout—today, it delivered that breakout with thunder and lightning. And if you blinked, you probably missed it.
Nifty opened at 24,289, looked like it might test bullish waters by attempting PDH twice within the first 15 minutes, but the sellers were just getting warmed up. What followed was a merciless 400-point drop in just 30 minutes, slicing through level after level like a knife through butter.
Zone after zone fell like dominoes:
CDO
CPR Zone
PDH
S1, S2, S3, S4
24,225, 24,188
200 SMA at 24,052
24,000 ~ 23,951 Zone
Virgin Zone 23,905 ~ 23,872
Absolutely brutal sell-off. No mercy. No pause. Just raw momentum to the downside.
🕯️ Daily Candle Structure: Long-Legged Bearish
Today’s daily candle adds a strong bearish tone to the chart:
Open: Flat to Mild Gap-Up
High: 24,365.45
Low: 23,847.85
Close: Deep in red
Despite a small attempt at recovery near the lows, buyers couldn’t even regain the opening level. What’s left is a long-legged bearish candle, indicating volatility, intraday recovery attempt, and bear dominance.
📌 This type of candle often signals distribution or exhaustion, especially when it appears after a long rally. If the next session continues the bearish move, this might be the start of a short-term correction. If we get a bullish bounce, then today’s low may act as a temporary support.
🔍 Recalling the Setup:
We previously observed a Hanging Man on April 23, signaling a possible reversal. Then, the Inside Bar formed on April 24—a classic setup for a breakout.
✔️ Our expectation: 1x Mother Bar Range as a move
✔️ Bias: Slightly Bearish due to the Hanging Man and overall overextended rally
❌ Expectation: Didn’t expect this much bloodshed this fast!
📌 Gladiator Strategy Update
ATR: 347.27
IB Range: 405.4 (Extra Large IB)
Market Structure: Balanced
🎯 Trade Highlights:
No System Trade: Setup didn’t align with risk management rules
Additional Trade (Discretionary Contra):
Long Entry Triggered at 12:35 PM
✅ Target Achieved: 1:3.7 Risk-Reward
📉 Index Performance Snapshot:
Nifty 50: -207 Points (-0.86%)
Bank Nifty: -537 Points (-0.97%)
Nifty 500: -332 Points (-1.5%)
Midcap: -1399 Points (-2.5%)
Smallcap: -416 Points (-2.45%)
Midcaps and smallcaps took the biggest hit, showing broad-based weakness across the market.
📌 Key Levels to Watch
📍 Resistance Zones:
24,050
24,120
24,190 ~ 24,225
24,330 ~ 24,360
24,480 ~ 24,540
24,800
📍 Support Zones:
24,000 ~ 23,950 (Immediate)
23,820
23,710 ~ 23,660
23,500
23,410 ~ 23,370
23,215
🧭 Final Thoughts:
"The storm doesn't announce itself with thunder—it begins with silence. Yesterday was silent. Today was the thunder."
The Inside Bar setup has played out, but now eyes are on whether we get follow-through selling or a relief bounce. The next session’s first 30–45 mins might give a clue.
✏️ 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.