Nifty Analysis EOD – July 23, 2025 – Wednesday

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🟢 Nifty Analysis EOD – July 23, 2025 – Wednesday 🔴

“Confidence climbs the ladder – bulls push past key levels.”

Nifty opened with a Gap Up of 78 points and initially retraced 54 points, finding solid footing around the CPR Zone. Once reclaimed VWAP, the index climbed in a methodical, low-volatility uptrend, breaking one resistance after another: CDH, R1, 25150, PDH, and the key zone 25200~25212 — finally touching the anticipated resistance at 25333, and closing just below that at 25219.90, close to the day’s high.

📌 Flashback from Yesterday's Note:
“If this is truly a retracement, 25K must hold in upcoming sessions, and bulls will need to reclaim 25,200 to regain their grip.”
👉 This expectation played out to perfection today — gradual yet confident bullish strength led Nifty to reclaim 25200 and close above it.

🔍 Today’s close of 25220 is higher than the last 7 sessions, suggesting a bullish shift in structure. However, bulls now face the real test — breaching the 25300 ~ 25350 resistance zone.

🕯 5 Min Time Frame Chart with Intraday Levels


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🕯 Daily Time Frame Chart with Intraday Levels


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🕯️ Daily Candle Breakdown
Open: 25,139.35

High: 25,233.50

Low: 25,085.50

Close: 25,219.90

Change: +159.00 (+0.63%)

Candle structure analysis:

Real body: Green body = 80.55 pts → strong bullish body

Upper wick: 13.60 pts → very small

Lower wick: 53.85 pts → moderate

Candle Interpretation:
The session opened stable, dipped to 25,085, but strong buyers showed up, helping price climb throughout the day and close near high. A firm green candle, signaling buyers in control.

Candle Type:
A Bullish Marubozu–like candle, not perfectly clean but represents strong continuation momentum.

Key Insight:

Close above 25200 confirms a bullish grip

If price holds above 25220–25250, next push could be towards 25280–25330

Immediate support now moves to 25,120–25,140

🛡 5 Min Intraday Chart


snapshot

⚔️ Gladiator Strategy Update
ATR: 181.35

IB Range: 64.35 → Medium

Market Structure: Balanced

Trades Triggered:

⏱️ 10:45 AM – Long Entry → Trailing SL Hit (1:2.65 RR)

🔁 Support & Resistance Levels

Resistance Zones:

  • 25,180 ~ 25,212

  • 25,233

  • 25,260

  • 25,295 ~ 25,315

  • 25,340 ~ 25,322 (Gap Zone)


Support Zones:

  • 25,168

  • 25,125

  • 25,080 ~ 25,060

  • 25,037




🧠 Final Thoughts

“Momentum is not magic—it’s built one level at a time.”
Bulls showed strength with control and consistency today. With 25200 reclaimed, they now hold the ball — next challenge lies at the gates of 25300–25350. Will they break through or pause for breath? Tomorrow holds the answer.

✏️ Disclaimer:

This is just my personal viewpoint. Always consult your financial advisor before taking any action.

Disclaimer

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