🟢 Nifty Analysis EOD – July 18, 2025 – Friday 🔴
“Deep Dive Below 25K – Bounce or Breakdown Ahead?”
As we discussed yesterday, a big move was on the cards — and Nifty delivered.
The index started flat to negative, and from the opening tick, sellers took firm control. It sharply broke through multiple key supports: PDC, PDL, S1, the important 25,080–25,060 support zone, swing low, 25,000–24,980, and even 24,965.
Buyers finally showed up near 24,920, a crucial level, and pulled off a modest 86-point recovery. The session ended at 24,968.40, still below the psychological 25,000 mark and the fractal swing low of July 14.
🕯 5 Min Time Frame Chart with Intraday Levels
🔍 Mixed Signals:
✅ Positive: Today’s low aligns with the 0.618 Fib retracement from the June 13 low to June 30 high — potential support zone.
✅ Positive: RSI(3 of 3) shows bullish divergence — early reversal sign?
❌ Negative: Closed below July 14 swing low — weak structural signal.
❌ Negative: Below 25,000 — psychological breakdown.
❓Now the big question: Will this bearish move continue, or is it a fakeout before reversal?
You're still bullish on the overall daily trend, but tactically bearish for intraday until a close above 25,125 confirms strength.
🕯 Daily Time Frame Chart For Additional View
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,108.55
High: 25,144.60
Low: 24,918.65
Close: 24,968.40
Change: −143.05 (−0.57%)
📊 Candle Structure Breakdown
Real Body: 140.15 pts → Large red bearish body
Upper Wick: 36.05 pts → rejection near early highs
Lower Wick: 49.75 pts → dip buying near 24,920
🔍 Interpretation
Mildly negative open with early strength attempt near 25,140
Sharp decline through major support zones
Buyers stepped in at 24,920, but recovery lacked follow-through
Close below 25K and key swing low confirms steady intraday selling pressure
🕯 Candle Type
Strong Bearish Candle with both wicks — sellers dominated, but not without some resistance from buyers at the lows.
📌 Key Insight
Short-term bearish momentum confirmed
24,920–24,890 is next critical support; breakdown may extend to 24,882–24,825
Bulls need to close above 25,125+ to reclaim control
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 181.56
IB Range: 126.45 → Medium IB
Market Structure: 🔴 Imbalanced
🟢 Trades Triggered:
09:42 AM – Short Trade → ✅ Trailed SL Hit Profit (R:R = 1 : 3.87)
📌 Support & Resistance Levels
Resistance Levels:
Support Levels:
💭 Final Thoughts
“Sometimes markets fall not to reverse, but to recharge.”
Today’s drop pierced major support zones, but the bounce from 0.618 Fib hints at possible resilience.
Structure needs clarity — Monday’s session will reveal whether this was a trap or fuel for bears.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
“Deep Dive Below 25K – Bounce or Breakdown Ahead?”
As we discussed yesterday, a big move was on the cards — and Nifty delivered.
The index started flat to negative, and from the opening tick, sellers took firm control. It sharply broke through multiple key supports: PDC, PDL, S1, the important 25,080–25,060 support zone, swing low, 25,000–24,980, and even 24,965.
Buyers finally showed up near 24,920, a crucial level, and pulled off a modest 86-point recovery. The session ended at 24,968.40, still below the psychological 25,000 mark and the fractal swing low of July 14.
🕯 5 Min Time Frame Chart with Intraday Levels
🔍 Mixed Signals:
✅ Positive: Today’s low aligns with the 0.618 Fib retracement from the June 13 low to June 30 high — potential support zone.
✅ Positive: RSI(3 of 3) shows bullish divergence — early reversal sign?
❌ Negative: Closed below July 14 swing low — weak structural signal.
❌ Negative: Below 25,000 — psychological breakdown.
❓Now the big question: Will this bearish move continue, or is it a fakeout before reversal?
You're still bullish on the overall daily trend, but tactically bearish for intraday until a close above 25,125 confirms strength.
🕯 Daily Time Frame Chart For Additional View
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,108.55
High: 25,144.60
Low: 24,918.65
Close: 24,968.40
Change: −143.05 (−0.57%)
📊 Candle Structure Breakdown
Real Body: 140.15 pts → Large red bearish body
Upper Wick: 36.05 pts → rejection near early highs
Lower Wick: 49.75 pts → dip buying near 24,920
🔍 Interpretation
Mildly negative open with early strength attempt near 25,140
Sharp decline through major support zones
Buyers stepped in at 24,920, but recovery lacked follow-through
Close below 25K and key swing low confirms steady intraday selling pressure
🕯 Candle Type
Strong Bearish Candle with both wicks — sellers dominated, but not without some resistance from buyers at the lows.
📌 Key Insight
Short-term bearish momentum confirmed
24,920–24,890 is next critical support; breakdown may extend to 24,882–24,825
Bulls need to close above 25,125+ to reclaim control
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 181.56
IB Range: 126.45 → Medium IB
Market Structure: 🔴 Imbalanced
🟢 Trades Triggered:
09:42 AM – Short Trade → ✅ Trailed SL Hit Profit (R:R = 1 : 3.87)
📌 Support & Resistance Levels
Resistance Levels:
- 24,980 ~ 25,000
- 25,080 ~ 25,060
- 25,125
- 25,168
- 25,180 ~ 25,212
Support Levels:
- 24,965
- 24,894 ~ 24,882
- 24,825
- 24,800 ~ 24,768
💭 Final Thoughts
“Sometimes markets fall not to reverse, but to recharge.”
Today’s drop pierced major support zones, but the bounce from 0.618 Fib hints at possible resilience.
Structure needs clarity — Monday’s session will reveal whether this was a trap or fuel for bears.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Read my blogs here:
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.com/kzatakia
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.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.
Read my blogs here:
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.com/kzatakia
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.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.