Nifty : Market just waiting and going sideways Nifty : Market is just watching and waiting. Going sideways due to ongoing conflict
24500 is a resistance level #1 for Nifty at this moment .
Be patient
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
NIFTY trade ideas
Nifty Analysis EOD - April 30, 2025 - Wednesday🟢 Nifty Analysis EOD - April 30, 2025 - Wednesday 🔴
🗓️ One more expiry day ended in suspense, surprise and a last-minute spike!
📊 Nifty Summary
Nifty opened slightly green at 24,342, just 6 points above the previous close. A quick dip below the previous day’s low was swiftly recovered, triggering a rally towards 24,400. However, most of the session turned into a slow grind between a narrow 40-point range as both bulls and bears hesitated.
As is typical on expiry days, a sudden burst in the last 5 minutes added 198 points to the move — a nightmare for option sellers but a jackpot for Hero-Zero traders. The day’s true intraday close stood at 24,243, while settlement was at 24,334, reflecting a wide 90-point gap traders must factor in.
🕔 Intraday 5 Min Time Frame Chart
🔁 Intraday Walk
🔹 Opened at 24,342 with a quick drop below PDL, then rebounded.
🔹 Rallied to 24,400 within the first 30 minutes.
🔹 Ranged for hours between 24,330–24,370 with no clear breakout.
🔹 A 198-point spike in the final 30 minutes caught most off-guard.
🔹 True intraday close = 24,243 vs. settlement = 24,334 → Huge difference!
⏱ Intraday 75 Min Time Frame Chart
📐 75-Min Chart Analysis / Zone Commentary
The last 3 sessions showed repeated failed attempts to close above 24,365 (the previous week's high). A symmetrical triangle was clearly visible and delivered a classic trap: a false breakout, a liquidity grab, and an immediate pullback to meet the pattern’s target. Unfortunately, the real breakout happened around 2:35 PM — just after most had packed up for expiry!
📅 Daily Time Frame Chart
🕯️ Daily Candle Breakdown
Today’s Candle Type: Spinning Top (Bearish Tilt)
Today’s OHLC:
Open: 24,342.05
High: 24,396.15
Low: 24,198.75
Close: 24,334.20
Change: –1.75 (–0.01%)
Know How of Candle Type:A Spinning Top reflects indecision — a small body with long shadows shows a battle between buyers and sellers with no clear winner.
Key Observation:
Real Body = 7.85 points → Minimal net movement
Upper Wick = 54.10 pts
Lower Wick = 143.30 pts → Stronger buyer defense but weak follow-through
What It Implies:Buyers showed strength at lower levels but couldn't close strong. Despite the strong lower wick, the red close tilts sentiment mildly bearish. The breach of previous day’s low confirms weakness unless reversed tomorrow.
⚔️ Gladiator Strategy Update
Strategy Parameters:
ATR: 313.49
IB Range: 126.40
IB Category: Medium IB
Market Structure: Balanced
Trade Highlights:
📉 No Trade Triggered
Gladiator system remained silent today amidst the choppy expiry behavior.
🔮 What’s Next? / Bias Direction
Although the larger bias had been mildly bullish, the breach of the 24,290 low shifts the short-term view to slightly bearish. However, one more session confirmation is needed before taking any aggressive stance.
📌 Support & Resistance Levels
🔺 Resistance Zones:
24,290 (PDL)
24,330 ~ 24,360 (Immediate hurdle)
24,396 (CDH)
24,457 (PDH)
24,480 ~ 24,540 (Incl. 24,500 psych level)
24,800
🔻 Support Zones:
24,190 ~ 24,225
24,120
24,050
24,000 ~ 23,950
23,820
23,710 ~ 23,660
23,500
23,410 ~ 23,370
23,215
💬 Final Thoughts
“Expiry days are for the patient and the prepared. Today was a perfect example of how calm waters can suddenly become tidal waves.”The pattern, structure, and volatility continue to show that structure is key — respect it when it holds, and adapt when it breaks.
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty closing Near 24350, consolidation on daily n hourly chartsNifty has been closing near 24300-24360 for past few sessions. Today's closing is in consolidation zone, with big volume. A breakout may give a decisive move sometime soon.
54 mins. based chart is signals weakness but daily chart is neutral to somewhat strong. Back-to-back Dojis signal indecisiveness among participants.
Nifty levels - May 02, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty Analysis EOD - April 29, 2025🟢 Nifty Analysis EOD - April 29, 2025🔴
One more day passed under uncertainty... Indecision takes the driver’s seat.
📈 Market Summary
Nifty opened on a positive note at 24,370, gaining 42 points, and swiftly climbed to an intraday high of 24,457.65. But the enthusiasm didn’t last long — sellers stepped in and pushed it down, filling the opening gap. The index found support near 24,290, and attempted a bounce, but once again failed to clear the critical 24,330–24,360 resistance zone.
📌 Intraday 5 Min Time FrameChart
The rest of the session saw price action trapped within a narrow 70-point range — a frustrating day for breakout traders or option buyers.
🔹 Impatient option buyers may have been trapped, stuck in hopes of a breakout.
🔹 Patient traders probably stayed away.
🔹 Scalpers and option sellers — this was your playground today.
📌 75 Min Time FrameChart
On the 75-minute chart, once again, rejection is clearly visible from the 24,330 ~ 24,360 zone. Until we see a decisive close above 24,365, this zone will continue to command respect in our trade plans.
📌 Daily Time Frame Chart
🕯 Daily Candle Structure
Candle Type: Spinning Top — a classic indecision candle
OHLC:
Open: 24,370.70
High: 24,457.65
Low: 24,290.75
Close: 24,335.95
Change: +7.45 points (+0.03%)
🔍 Candle Breakdown:
Real Body:
Small red body of -34.75 pts (close < open) → Indicates lack of strong directional move.
Upper Wick: 86.95 pts
Lower Wick: 79.95 pts
This candlestick reflects market hesitation, especially significant after a strong uptrend. Bulls and bears fought for control, but neither side won convincingly.
🧠 What the Spinning Top Tells Us:
Appears after a strong move → Suggests loss of momentum or possible pause
Small body + long wicks = Indecision
Needs confirmation in the next session
🔮 What Next?
Today’s spinning top doesn’t give a clear directional cue. However, context matters:
A close above CPR and previous session tilts the bias slightly bullish.
Bullish scenario: A breakout above 24,460 may resume the upward trend.
Bearish scenario: A breakdown below 24,040 could open the door for a pullback.
As always — trade with preparation, not prediction.
⚔️ Gladiator Strategy Update
ATR: 326.39
IB Range: 166.9 (Medium IB)
Market Structure: Imbalanced
Trade Highlights:
Positional Trade: Long Triggered Yesterday 15:20 – 1:2 Target Achieved
Intraday: No trade triggered during the session
📈 Index Performance Snapshot
Nifty 50: +7 Points (+0.03%)
Bank Nifty: -42 Points (-0.07%)
Nifty 500: +11 Points (+0.05%)
Midcap: +148 Points (+0.27%)
Smallcap: +62 Points (+0.37%)
🔍 Key Levels to Watch
🛑 Resistance Zones:
24,330 ~ 24,360 (Immediate hurdle)
24,457 (Today’s High)
24,480 ~ 24,540 (24,500 psychological level inside this zone)
24,800
🛡 Support Zones:
24,290 (Today’s Low)
24,190 ~ 24,225 (Immediate support)
24,120
24,050
24,000 ~ 23,950
23,820
23,710 ~ 23,660
23,500
23,410 ~ 23,370
23,215
💭 Final Thoughts
Another day where the market teased both bulls and bears alike. But remember — uncertainty is not your enemy; it’s your signal to slow down. When the candle speaks in spinning tops, the trader listens in silence. Discipline and patience are still your best tools, especially when the market isn't shouting direction clearly.
Tomorrow is the Weekly expiry — so prepare for volatility and don’t let noise disrupt your clarity. Your trade setup is your edge — trust it.
✏️ Disclaimer:
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty levels - Apr 30, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty 50 Option Traders carefulAll Nifty 50 Option trader be very very careful while getting into Trade. Nifty 50 is making bigger moves but Gift nifty is not moving equivalent to the movement of Nifty 50, so when you enter trade looking at nifty 50 high chances of you are entering the Option Strike at wrong price. Option moves based on Gift Nifty and not Nifty 50 chart.
is selling being absorbing near 23350 level ?yesterday 27 April I mentioned that nifty must have to break & sustained 23350 level it happened today but long upper wick on hourly time with high volume been noticed showing selling pressure in market of course market bullish momentum still intact it respected the near 23800 level trading above 20 EMA but we need to wait more multiple testing for confirmation to continue upside journey so consolidation may happen in 2-3 days.
Nifty movement this weekThe arrow in the image points to a potential upward movement of the NIFTY index after it bounced off a support level. To provide detailed resistance and support levels specifically for this indicated movement, we need to analyze the chart around that area.
Based on the provided chart:
Support:
The most immediate support that facilitated the bounce is around the 23,800 level. This is where the price found buying interest and reversed its downward trend.
A further significant support level can be seen near 23,600. This level acted as resistance previously and now could act as support.
Resistance:
The immediate resistance that the price might encounter as it moves upwards is around the 24,200 level. This level aligns with a previous swing high and could present a hurdle for further upward movement.
A more significant resistance zone appears to be around the 24,500 - 24,600 area. This zone has acted as a strong resistance in the past, as indicated by the horizontal lines on the chart.
Therefore, for the upward movement indicated by the arrow:
Immediate Support: ₹23,800
Next Support: ₹23,600
Immediate Resistance: ₹24,200
Stronger Resistance Zone: ₹24,500 - ₹24,600
It's important to remember that these levels are based on the information visible in this specific chart and market conditions can change.
Forming INVERTED H&S pattern in smaller time frame! As we can see NIFTY recovered strongly influenced by RIL result but we are still weak below the supply zone hence unless the high is broken every rise can be sold unless the high the broken then a strong uptrend can se been in NIFTY as it can be seen forming an inverted head and shoulders pattern and its neckline has been tested multiple times now hence any closing above the given structure could show unidirectional rally so plan your trades accordingly and keep watching.
Nifty break 24210 or @ brekout Many traders were expecting a market fall — a small correction in Nifty — but as usual, it moved towards Friday’s high.
On the chart, strong support is seen around 24,210.
If 24,210 breaks, a good retracement can be expected.
If today’s high is broken, the next level could be around 24,600.
Nifty on the verge of Trendline Breakout. There is a major possibility of a Trendline Breakout amidst the rumblings on conflict with enemy nations. The main reason for Market rally today was Superb results posted by Reliance and a rally in PSU, Capital goods and defense related stocks. A lot of stocks that were oversold in the knee-jerk reaction on Friday also tried to catch-up. As the situation on the border remains tense we can have a sudden major decline as a reaction to the Geo-Political proceedings. Thus investors are asked to remains cautious and not to carry heavy derivative positions overnight. Even in the eventuality of a war actually happening one think of remaining invested in companies that can bounce back faster once the situation de-escalates.
Major Supports for Nifty on daily chart now remain at: 23988, 23708, 23415 (Major Father line support), 23325 (Major Mother Line Support) in case of Mother and Father line failing Bears can drag Nifty further down to 22875, 22142 and 21844.
Major Resistances For Nifty remain at: 24359 (Major Trend line resistance), 24538, 24816 (Is another major resistance on Fibonacci scale), If we get a closing above 24816 Nifty can easily flow towards 25183, 25399 and 25603.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Nifty Analysis EOD - 28th April 2025🟢 Nifty Analysis EOD - 28th April 2025 🔴
Nifty almost retraced 25th April’s fall — Back to Square One... What Next?
📈 Market Summary
Nifty almost retraced 25th April’s fall — Back to Square One... What Next?
As highlighted in previous sessions, the 24,330 ~ 24,360 zone once again proved to be a crucial resistance. Today, along with the past three sessions, we observed Nifty struggling to breach this wall — a fact clearly visible on the 75-minute time frame chart.
Now the big question:
➡️ Tomorrow, can Nifty decisively breach 24,365 and sprint towards 24,500?
Well, time will answer, but we must stay prepared for moves on either side.
Intraday Walk:
Nifty opened with a gap-up above the psychological 24,000 level at 24,070.
With a slow yet steady bullish pace, it hit a high of 24,355.
After touching this critical resistance, it spent almost 2 hours consolidating in the same zone.
Finally, it closed at 24,312, defending most of its intraday gains — a strong show of resilience by the bulls.
🕯 Daily Candle Structure
Today's Candle:
🟢 Strong Bullish Candle (Almost a Marubozu)
Open: 24,070.25
High: 24,355.10
Low: 24,054.05
Close: 24,328.50
Change: +289.15 points (+1.20%)
Key Observations:
The session opened slightly above yesterday’s close and dipped just marginally.
Buyers took charge from the very beginning, consistently pushing the index higher.
Close near the day's high signals robust bullish momentum.
The candle has a tiny lower shadow and minimal upper shadow, indicating persistent buying throughout the day.
What It Implies:
Clear bull dominance.
Willingness among buyers to step up even at higher levels.
If external cues remain supportive, momentum could continue into the next session.
🛡 Gladiator Strategy Update
ATR: 344.11
IB Range: 182.1 (Medium IB)
Market Structure: Balanced
Trade Highlights:
1st Trade: Long Entry triggered at 10:05 AM — SL Hit
2nd Trade: Long Entry triggered at 11:25 AM — 1:2 Target Achieved
Additional Trade (Discretionary Contra): Short Entry at 14:15 PM — 1:1.4 Target Achieved
🧾 Index Performance Snapshot
Nifty 50: +289 Points (+1.20%)
Bank Nifty: +768 Points (+1.41%)
Nifty 500: +254 Points (+1.16%)
Midcap: +870 Points (+1.62%)
Smallcap: +130 Points (+0.78%)
📍 Key Levels to Watch
Resistance Zones:
🔹 24,330 ~ 24,360 (Immediate hurdle)
🔹 24,480 ~ 24,540 (24,500 psychological level inside this zone)
🔹 24,800
Support Zones:
🔹 24,190 ~ 24,225 (Immediate support)
🔹 24,120
🔹 24,050
🔹 24,000 ~ 23,950
🔹 23,820
🔹 23,710 ~ 23,660
🔹 23,500
🔹 23,410 ~ 23,370
🔹 23,215
🎯 Final Thoughts
"Structure is key. When levels work, respect them. When they break, adapt."
The current structure indicates bulls have made a strong comeback, but remember — 24,330 ~ 24,360 remains the battleground. Only a decisive breakout above can ignite a rally towards 24,500+. Otherwise, we stay watchful for possible reversals.
Stay sharp, stay prepared!
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Weekly candle close is here! Bearishness to start!!?As we can see NIFTY has formed signs of indecisiveness in bigger time frame as we had been waiting for weekly candle close in the structure making it look weak. Now our view just shifts from buying on dips to selling on rise till it closes above the previous high and hence keeping small stop losses we can make new fresh selling positions here for bigger targets so plan your trades accordingly and keep watching everyone.
NIFTYNIFTY
MTF Analysis Proximal TradeZone
NIFTYYearly Demand 18887 BUY
NIFTY 6 Month Demand 21801 BUY
NIFTYQtrly Demand BUFL 22526 BUY
NIFTYMonthly Demand 23110 BUY
NIFTYWeekly Demand -DMIP 22180 BUY
NIFTYWeekly SOE 23049 BUY
NIFTYDaily Demand DMIP LHS 22261 BUY
GANN Analysis Average TradeZone
NIFTY LONG & Trail Above 23585 Stay Long
NIFTY SHORT & Trail Below 23300 Stay Short
Currently in Weekly Supply Zone 24720 24450 Short
NIFTY SHORT-Entry 1 24,450
SL 24,720
RISK -270
REWARD -658
Target as per Entry 23,792
Last Demand 23,049
Last Low 22,720
NIFTY LONG Trade Plan
NIFTY LONG-Entry 1 23,049
SL 22,720
RISK 329
REWARD 7,114
Target as per Entry 30,163
Last High 26,277
Last Low 22,720
Nifty Wkly Market Outlook: Bulls Regain Momentum Amid key brkoutThe Indian benchmark index Nifty 50 ended the week on a strong note, closing at 24,039, marking a robust gain of nearly 200 points from last week's close. During the week, Nifty made a high of 24,365 and a low of 23,847, trading perfectly within the anticipated range of 24,414 – 23,200, as projected in our previous analysis.
Importantly, the index managed to secure a weekly close above the psychological resistance level of 24,000, signaling a possible continuation of bullish momentum. As we head into the next trading week, the bulls are expected to have the upper hand, provided Nifty stays above 23,700. A daily close below 23,700, however, could shift sentiment in favor of the bears, exposing key support zones at 23,400 and 23,200.
Looking ahead, traders and investors should watch for price action within the broader range of 24,650 to 23,400. If the bulls manage to break and sustain above the critical Fibonacci resistance level of 24,414, we could see an upside move toward 24,650 and even 24,770.
On the global front, the S&P 500 index also delivered a strong performance, closing at 5,525, up a significant 250 points from the previous week. As highlighted earlier, the bullish W pattern on the charts has played out well, driving momentum higher.
If the S&P 500 sustains above the key breakout level of 5,551, it could potentially rally further to test resistance at 5,638, 5,670, and 5,715. However, a break below 5,391 may invite selling pressure, dragging the index down to test supports at 5,368, 5,327, or even 5,246, which could trigger a negative ripple effect across global markets.
Key Takeaways:
Nifty bullish above 24,000; watch 24,414 for breakout confirmation.
S&P 500 bullish continuation above 5,551; potential to test 5,715.
Bearish reversal levels to monitor: 23,700 for Nifty and 5,391 for S&P 500.
Nifty towards new ATH or correction mode.Nifty towards new ATH or correction mode.
Nifty Now, what’s next?
If the low of Friday, 25th April is breached, we may witness a deeper correction as indicated on the charts.
Traders should stay cautious and closely monitor the price action around key support levels.
A sustained break below the recent low could trigger further downside, while holding above it might invite fresh buying interest.
NIFTY MAY SERIES ( 1ST WEEK ANALYSIS )Nifty is looking uncertain, and closing isn't giving much confidence for the upside. But if somehow Nifty crosses and sustains above 24188, then we can expect the upside to continue upto 24650+ . A big boost for the upside would be 24400. On the downside, if Nifty breaches 23850, then we can expect further retracement upto 23600-420.
Despite Geo-Political tensions, Nifty closes above Mother line. It was quite remarkable for Nifty to close above the Mother line (50 Hours EMA) despite the Geo-Political tensions and brewing storm of escalations at border. This shows the character of not only Indian market but the resilience of India as a nation. In yesterday's post itself we had mentioned that strong technical resistance has been reached. Add the tension and intent of India to fight against terrorism so it was a perfect recipe for a major fall. Which may happen if things escalate further next week but recovering from 23847 and to close above 24K at 24039 shows that when things will be back to normal the indices will bounce back. Resistance for Nifty now remain at 24096, 24335 and 24504. Supports for Nifty remain at 23914 (Major Mother line support) of 50 Hours EMA, 23800, 23530 and finally 23363.
While Long term players, FII, HNI and DII look at such opportunities to invest for Retail trader it becomes very difficult to control their emotions in such an environment of Geo-political pressure and then we saw a huge fall in the market. The opportunity was seized by both DII and FII with both hands as both turned net buyers for Rs.6492+ Crores. So traders / investors should always avoid knee jerk reactions. Who knows what happens during the weekend the support and resistance levels to watch out for are already mentioned in the message.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.