Get started

Pivot Points

Nifty Analysis EOD - April 25, 2025🟢 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.
NSE:NIFTY
by kzatakia
Bearish momentum on CADCHFTechnical analysis on CADCHF CADCHF is showing signs of a potential reversal toward the previous support around 0.60500 or the resistance around 0.6200.The overall momentum of the CADCHF is bearish as it's being for months. We are expecting it to continue trading below the 100 EMA on the daily chart Key levels Support- 0.6050 Resistance- 0.6200 Fundamental analysis on CADCHF - Canadian dollar remains under pressure due to bearish oil prices and dovish BoC rhetoric - CHF is holding strong on the safe heaven demand that it possess especially with the uncertainty around the global markets and risk off sentiment -Until the BoC signal a policy shift or oil prices increases.The Canadian dollar will likely continue to weaken. Conclusion CADCHF is bearish unless the resistance around 0.6200 is broken will clear bullish momentum
Short
by amahlebonga28
1