🟢 Nifty Analysis EOD – September 4, 2025 – Thursday 🔴
📌 Gap-Up Euphoria Turns into a Selloff Trap
🗞 Nifty Summary
A news-driven opening saw Nifty gap up by 254 points at 24,970, immediately triggering all upside targets from the prior day’s Inside Bar pattern. But the euphoria didn’t last long—profit booking hit in the very first 5 minutes. By 10 AM, once the IB Low broke, selling intensified and the index never even tested VWAP for the rest of the session.
Despite intraday swings of over 230 points from high to close, the index managed to end almost flat at 24,739.80 (+26 pts)—back to square one. Yesterday was about a bottom reversal; today screamed rejection at higher levels. The mixed signals leave direction uncertain.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯️ Daily Candle Breakdown
🏗️ Structure Breakdown
🕯Candle Type
Bearish Marubozu (Gap-Up Failure) → supply rejection at upper zone.
📚 Interpretation
🔍 Short-Term View – September 5, 2025
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
📌 Support & Resistance Levels
Resistance Zones:
Support Zones:
💡 Final Thoughts
The market teased the bulls with a powerful gap-up, only to hand the reins to sellers. This kind of gap-up failure is often a strong reversal signal. For now, traders should respect the 24,700 support zone—break it, and the downside may accelerate.
📖 “Markets don’t reward euphoria; they test conviction.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
📌 Gap-Up Euphoria Turns into a Selloff Trap
🗞 Nifty Summary
A news-driven opening saw Nifty gap up by 254 points at 24,970, immediately triggering all upside targets from the prior day’s Inside Bar pattern. But the euphoria didn’t last long—profit booking hit in the very first 5 minutes. By 10 AM, once the IB Low broke, selling intensified and the index never even tested VWAP for the rest of the session.
Despite intraday swings of over 230 points from high to close, the index managed to end almost flat at 24,739.80 (+26 pts)—back to square one. Yesterday was about a bottom reversal; today screamed rejection at higher levels. The mixed signals leave direction uncertain.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯️ Daily Candle Breakdown
- Open: 24,980.75
- High: 24,980.75
- Low: 24,708.20
- Close: 24,734.30
- Change: +19.25 (+0.08%)
🏗️ Structure Breakdown
- Red candle (Close < Open) despite being marginally positive vs. yesterday.
- Body: 246.45 points → large bearish body.
- Upper wick: 0 (open = high).
- Lower wick: 26.10 points → very small.
🕯Candle Type
Bearish Marubozu (Gap-Up Failure) → supply rejection at upper zone.
📚 Interpretation
- Sharp gap-up faded instantly—a textbook bull trap.
- Relentless intraday selling pressure; buyers weakly defended lows.
- Closing just above key support keeps the tug-of-war alive, but momentum favors sellers.
🔍 Short-Term View – September 5, 2025
- Resistance: 24,980–25,000 (failed breakout zone).
- Support: 24,700 (tested today, critical).
- 👉 In short: Today marks exhaustion at the top. Unless Nifty reclaims 24,980–25,000, the risk of sliding back toward 24,600–24,520 remains high.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
- ATR: 211.71
- IB Range: 123.05 → Medium
- Market Structure: Imbalanced
- Trade Highlights: No trade triggered today.
📌 Support & Resistance Levels
Resistance Zones:
- 24,740 ~ 24,760
- 24,805
- 24,855
- 24,900 ~ 24,920
Support Zones:
- 24,695 ~ 24,675
- 24,600 ~ 24,585
- 24,520
- 24,490 ~ 24,465
💡 Final Thoughts
The market teased the bulls with a powerful gap-up, only to hand the reins to sellers. This kind of gap-up failure is often a strong reversal signal. For now, traders should respect the 24,700 support zone—break it, and the downside may accelerate.
📖 “Markets don’t reward euphoria; they test conviction.”
✏️ 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.