🟢 Nifty Analysis EOD - May 13, 2025 - Tuesday 🔴
Is it Retracement or Breakout Failed?
🔍 Nifty Summary
Nifty opened with a mild gap-down of 35 points and within the first 20 minutes, it sliced through multiple supports — Previous Day Close, 24,882, 24,801–24,768, and even 24,730 — in what looked like a determined breakdown. However, the follow-up was missing. Instead of extending lower, the index hovered indecisively near the CPR until 12:30 PM.
Post-lunch, a breakout attempt did arrive — but momentum was lukewarm. Both sides saw significant premium erosion, making it a tough day for option buyers.
Despite the early pressure, Nifty closed at 24,578 (-57 pts) — a mild negative close, but interestingly near multiple fib supports and recent swing zones, hinting at absorption.
🕵️ Intraday Walk
🔽 Broke PDC → 24,882 → 24,801–24,768 → 24,730 within 20 minutes.
🌀 Stuck inside CPR zone until 12:30 PM – volatility without trend.
📈 Breakout attempt post-lunch lacked strength.
💸 Both calls and puts decayed heavily – option writers ruled.
🧭 75-Min Chart Analysis / Zone Commentary
Market flirted with imbalance in the morning, but later balanced out, forming a neutral structure.
The rejection of deeper downside and close near key fibs point to a pause more than a trend.
🔍 Key Observations:
✅ Closed near recent swing high at 24,589
✅ Near 0.382 Fib retracement from the previous close (24,587)
✅ Near 0.618 Fib from the prior session (24,595)
❌ No follow-through after support breaks
❌ Momentum faded quickly after the breakout attempt
📌 Implication:
The market shows signs of absorption near support zones but lacks strength for a reversal — neutral to slightly bullish bias, but still cautious.
🛡 Gladiator Strategy Update
Strategy Parameters
ATR: 362.82
IB Range: 298.2 → 📏 Large IB
Market Structure: ⚖️ Balanced
Trade Highlights
📈 Long Trigger @ 12:40 PM
🎯 Target 1:1 Achieved
💼 Total Trades: 1
🔢 Support & Resistance Levels
🟩 Resistance Zones:
24,660
24,730
24,768 ~ 24,800
24,882
24,980 ~ 25,000
25,100 ~ 25,128
25,180 ~ 25,212
🟥 Support Zones:
24,882
24,800 ~ 24,768
24,730
24,660
24,590
24,530 ~ 24,480
24,461
24,420 ~ 24,400
24,365 ~ 24,330
24,245 ~ 24,240
🔮 What’s Next?
Today’s session looked like a failed to sustain above 24800 and lack of retracement. close around the fib level, raises a question about whether is it breakout failure or just retracement ?
In short: no clarity.
📌 If Nifty holds above 24,530–24,480, it may attract buying towards 24,730–24,800 again.
📉 But a sustained break below 24,480 could invite a retest of 24,365 ~ 24,330 zone.
➡️ For now, traders should stay nimble and option buyers cautious.
💬 Final Thoughts
“Confusion is a part of clarity. Let the market reveal itself — reacting is better than predicting.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Is it Retracement or Breakout Failed?
🔍 Nifty Summary
Nifty opened with a mild gap-down of 35 points and within the first 20 minutes, it sliced through multiple supports — Previous Day Close, 24,882, 24,801–24,768, and even 24,730 — in what looked like a determined breakdown. However, the follow-up was missing. Instead of extending lower, the index hovered indecisively near the CPR until 12:30 PM.
Post-lunch, a breakout attempt did arrive — but momentum was lukewarm. Both sides saw significant premium erosion, making it a tough day for option buyers.
Despite the early pressure, Nifty closed at 24,578 (-57 pts) — a mild negative close, but interestingly near multiple fib supports and recent swing zones, hinting at absorption.
🕵️ Intraday Walk
🔽 Broke PDC → 24,882 → 24,801–24,768 → 24,730 within 20 minutes.
🌀 Stuck inside CPR zone until 12:30 PM – volatility without trend.
📈 Breakout attempt post-lunch lacked strength.
💸 Both calls and puts decayed heavily – option writers ruled.
🧭 75-Min Chart Analysis / Zone Commentary
Market flirted with imbalance in the morning, but later balanced out, forming a neutral structure.
The rejection of deeper downside and close near key fibs point to a pause more than a trend.
🔍 Key Observations:
✅ Closed near recent swing high at 24,589
✅ Near 0.382 Fib retracement from the previous close (24,587)
✅ Near 0.618 Fib from the prior session (24,595)
❌ No follow-through after support breaks
❌ Momentum faded quickly after the breakout attempt
📌 Implication:
The market shows signs of absorption near support zones but lacks strength for a reversal — neutral to slightly bullish bias, but still cautious.
🛡 Gladiator Strategy Update
Strategy Parameters
ATR: 362.82
IB Range: 298.2 → 📏 Large IB
Market Structure: ⚖️ Balanced
Trade Highlights
📈 Long Trigger @ 12:40 PM
🎯 Target 1:1 Achieved
💼 Total Trades: 1
🔢 Support & Resistance Levels
🟩 Resistance Zones:
24,660
24,730
24,768 ~ 24,800
24,882
24,980 ~ 25,000
25,100 ~ 25,128
25,180 ~ 25,212
🟥 Support Zones:
24,882
24,800 ~ 24,768
24,730
24,660
24,590
24,530 ~ 24,480
24,461
24,420 ~ 24,400
24,365 ~ 24,330
24,245 ~ 24,240
🔮 What’s Next?
Today’s session looked like a failed to sustain above 24800 and lack of retracement. close around the fib level, raises a question about whether is it breakout failure or just retracement ?
In short: no clarity.
📌 If Nifty holds above 24,530–24,480, it may attract buying towards 24,730–24,800 again.
📉 But a sustained break below 24,480 could invite a retest of 24,365 ~ 24,330 zone.
➡️ For now, traders should stay nimble and option buyers cautious.
💬 Final Thoughts
“Confusion is a part of clarity. Let the market reveal itself — reacting is better than predicting.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Blogs : substack.com/@kzatakia
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Blogs : substack.com/@kzatakia
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.