Nifty Analysis EOD โ€“ June 23, 2025 โ€“ Monday

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๐ŸŸข Nifty Analysis EOD โ€“ June 23, 2025 โ€“ Monday ๐Ÿ”ด

๐Ÿ‘Š Tug of War Between Optimism and Pessimism


Nifty opened with a sharp 140-point gap-down, weighed by geopolitical tensions and negative news cues. The mood was clearly pessimistic โ€” yet, from the deep low of 24,824.85, bulls made a bold comeback.

What followed was a classic textbook reversal:Price clawed back up, cutting through multiple key resistances โ€” S1, VWAP, CDH, CPR BC, and Central CPR โ€” before kissing the CPR TC, where it marked the day high at 25,057. This level acted as a supply zone and pushed Nifty back down toward the CPR BC, where it managed to close above the open โ€” a quiet victory for the bulls, even in a red session overall.

The level 24,825 has now proven itself once again โ€” the marketโ€™s respect for this support zone grows stronger with every bounce.

Todayโ€™s candle was a spinning top-style doji and also formed an inside bar, with all movement inside Fridayโ€™s wide-range candle (352 pts). Despite a smaller 232-point range today, this still requires caution โ€” inside bars after large-range candles often result in false breakouts, especially amid macro noise.

๐Ÿ“Œ When the world looks bearish, and the chart looks bullish โ€” trust your system.And thatโ€™s exactly what I did today โ€” sticking to the Gladiator Strategy, a simple, disciplined intraday price action-based option buying framework.


๐Ÿ•ฏ 5 Min Time Frame Chart with Intraday Levels

syot kilat


๐Ÿ•ฏ Daily Time Frame Chart with Intraday Levels

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๐Ÿ•ฏ Daily Candle Breakdown

Open: 24,939.75

High: 25,057.00

Low: 24,824.85

Close: 24,971.90

Change: โˆ’140.50 (โˆ’0.56%)


๐Ÿ“Š Candle Structure Breakdown

Real Body: 32.15 pts (small green body)

Upper Wick: 85.10 pts

Lower Wick: 114.90 pts


๐Ÿ” Interpretation

Despite a lower close than Friday, it was a green-bodied candle (close > open).

Long lower wick shows strong buying near 24,825.

Long upper wick signals resistance near 25,050โ€“25,060.

๐Ÿ•ฏ Candle Type

๐Ÿ“ Spinning Top with Long Wicks โ€” Sign of indecision, but slight bullish bias due to buying off the lows.

๐Ÿ“Œ Key Insight

Support at 24,825 holds strong.

Upper rejection near 25,050 indicates tight overhead pressure.

Watch closely:

  • Break above 25,060 โ†’ May trigger bullish continuation.
  • Break below 24,820 โ†’ Could open downside to 24,735โ€“24,660 zone.



๐Ÿ›ก 5 Min Intraday Chart

syot kilat


โš”๏ธ Gladiator Strategy Update

ATR: 254.95

IB Range: 163.25 โ†’ Medium IB

Market Structure: โš–๏ธ Balanced

Trades Triggered:

๐ŸŸข 10:14 AM โ€“ Long Trade โ†’ โœ… Target Achieved (Trailing Exit, R:R 1:4.51)

๐Ÿ”ด 2:16 PM โ€“ Short Signal โ†’ โŒ Discarded (RR not favorable)

๐Ÿ“Œ Support & Resistance Zones


Resistance Levels

  • 24,980 ~ 25,000
  • 25,060 ~ 25,080
  • 25,125 ~ 25,150
  • 25,180 ~ 25,212
  • 25,285


Support Levels

  • 24,965
  • 24,894 ~ 24,882
  • 24,825
  • 24,800 ~ 24,768
  • 24,735 ~ 24,725


๐Ÿ’ญ Final Thoughts

Markets are currently walking a tightrope โ€” with bearish headlines on one side and bullish price action on the other.The Gladiator approach today helped sidestep the noise and focus on what matters: price structure and clean levels.

๐Ÿ“Œ Trade the chart, not the news. And when in doubt โ€” zoom out.

๐Ÿง  โ€œUncertainty is the playground of the disciplined.โ€


โœ๏ธ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.

Penafian

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