🟢 Nifty Analysis EOD – September 3, 2025 – Wednesday 🔴
🚀 Inside-Day Rebound: Bulls Eye 24,760 Breakout
🗞 Nifty Summary
Early in the morning, Gift Nifty indicated a gap of more than 50 points, yet surprisingly, Nifty opened with a GapUp of 55 points. Within the first 5 minutes, it lost 97 points and matched Gift Nifty.
The first 5-min range formed at 24,533 ~ 24,630, and the first half of the session was spent consolidating inside this band. Around 12 PM, a breakout attempt above the range high failed to sustain. However, support at 24,600 held firm, and on the second attempt, bulls pushed strongly, breaking past the range high and rallying without looking back, marking the day high at 24,737.
By the close, Nifty held strong near the high at 24,713.6, almost covering yesterday’s lost ground.
🛡 5 Min Intraday Chart with Levels
🔮 Key Takeaway:
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
📊 Candle Structure
📌 This forms a near Bullish Marubozu (open near low, close near high).
🔍 Interpretation
🔦 Candle Type
Bullish Marubozu–like candle
Indicates strength and continuation potential.
📉📈 Short-Term View
👉 In short:
Today’s session restored bullish momentum, closing near highs with strong buying interest. A breakout above 24,740–24,760 can open the path toward 24,900, while support remains firm at 24,520.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
1) 12:20 Long Trade Triggered → SL Hit
2) 13:50 Long Trade Triggered → Target Hit (R:R - 1:2)
📌 Support & Resistance Levels
Resistance Zones:
Support Zones:
⚡ Final Thoughts:
“Markets reward patience. Strong bases create stronger rallies.”
Bulls are back in control, but 24,745+ remains the true hurdle for sustained momentum.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
🚀 Inside-Day Rebound: Bulls Eye 24,760 Breakout
🗞 Nifty Summary
Early in the morning, Gift Nifty indicated a gap of more than 50 points, yet surprisingly, Nifty opened with a GapUp of 55 points. Within the first 5 minutes, it lost 97 points and matched Gift Nifty.
The first 5-min range formed at 24,533 ~ 24,630, and the first half of the session was spent consolidating inside this band. Around 12 PM, a breakout attempt above the range high failed to sustain. However, support at 24,600 held firm, and on the second attempt, bulls pushed strongly, breaking past the range high and rallying without looking back, marking the day high at 24,737.
By the close, Nifty held strong near the high at 24,713.6, almost covering yesterday’s lost ground.
🛡 5 Min Intraday Chart with Levels
🔮 Key Takeaway:
- The move stayed entirely inside the previous day’s range.
- For bullish continuation, 24,745 ~ 24,760 needs to be broken and sustained.
- If tomorrow brings a PDH breakout & hold, the upside levels to watch are 24,800, 24,855, and 24,900.
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
- Open: 24,616.50
- High: 24,737.05
- Low: 24,533.20
- Close: 24,715.05
- Change: +135.45 (+0.55%)
📊 Candle Structure
- Green candle (Close > Open).
- Body: 98.55 points → healthy bullish body.
- Upper wick: 22.00 points → very small (close near high).
- Lower wick: 83.30 points → strong defense by buyers near 24,533.
📌 This forms a near Bullish Marubozu (open near low, close near high).
🔍 Interpretation
- Market opened with mixed sentiment but defended the 24,520 zone strongly.
- Bulls stepped in and pushed the index steadily higher.
- Closing near the high signals confidence and follow-up buying after yesterday’s hesitation.
🔦 Candle Type
Bullish Marubozu–like candle
Indicates strength and continuation potential.
📉📈 Short-Term View
- Resistance: 24,740–24,760 zone (tested again today).
- Support: 24,520 (bu
👉 In short:
Today’s session restored bullish momentum, closing near highs with strong buying interest. A breakout above 24,740–24,760 can open the path toward 24,900, while support remains firm at 24,520.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
- ATR: 204.95
- IB Range: 97.5 → Medium
- Market Structure: Balanced
- Trade Highlights:
1) 12:20 Long Trade Triggered → SL Hit
2) 13:50 Long Trade Triggered → Target Hit (R:R - 1:2)
📌 Support & Resistance Levels
Resistance Zones:
- 24,740 ~ 24,760
- 24,805
- 24,855
- 24,900 ~ 24,920
Support Zones:
- 24,600 ~ 24,585
- 24,520
- 24,490 ~ 24,465
⚡ Final Thoughts:
“Markets reward patience. Strong bases create stronger rallies.”
Bulls are back in control, but 24,745+ remains the true hurdle for sustained momentum.
✏️ 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.