Nifty Analysis EOD – June 17, 2025 – Tuesday🟢 Nifty Analysis EOD – June 17, 2025 – Tuesday 🔴
⚠️ Resistance Rejection at 25K – Pause or Warning Sign?
Yesterday’s note rightly anticipated today’s challenge near 25K — and that’s exactly how the session unfolded.
Nifty opened at 24,977.85, right inside the critical resistance zone of 24,972–25,000, and formed a near O=H (Open = High) structure. The index quickly lost ground, dropping 135 points within the first hour to mark a day low of 24,813.70, forming a medium-sized Initial Balance (IB) within a wide CPR — conditions known for range-bound or tricky days.
Throughout the session, Nifty hovered largely inside the CPR and IB, with a false breakdown attempt around 12:50 PM. Such setups (wide CPR + higher value + medium IB) often result in false moves or low-conviction sessions, and today was no exception.
By day’s end, Nifty closed at 24,853.40, logging a modest −93.10 point dip, forming what can be termed as a healthy pullback — but the real test remains.
If bulls want to take charge again, they must breach and close above 25,025. On the flip side, if 24,800–24,820 gives way, it could trigger a slide toward 24,725 and 24,660 in the coming sessions.
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown
Open: 24,977.85
High: 24,982.05
Low: 24,813.70
Close: 24,853.40
Change: −93.10 (−0.37%)
📊 Candle Structure Breakdown
Real Body: 124.45 pts → 🔻 Red Candle
Upper Wick: 4.20 pts
Lower Wick: 39.70 pts
🔍 Interpretation
Opened near the day’s high but selling dominated soon after.
Small upper wick shows minimal buyer strength; recovery attempts were mild.
Lower wick indicates some support emerged at day’s low, but overall tone remained bearish.
🕯 Candle Type
🟥 Bearish Candle – strong real body, minor lower wick — reflects steady intraday selling, though not overly aggressive.
📌 Key Insight
Nifty has now rejected the 25K zone two days in a row, turning it into short-term resistance.
If 24,800 breaks, expect pressure to mount — next watch: 24,725 → 24,660.
Bulls need a close above 25,025 to regain command.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 258.48
IB Range: 131.60 → Medium IB
Market Structure: ⚖️ Balanced
Trades:🚫 No Trade Triggered by System
📌 Support & Resistance Zones
Resistance Levels
24,894 ~ 24,882
24,972 ~ 25,000
25,060 ~ 25,080
25,102 ~ 25,125
Support Levels
24,825 ~ 24,847
24,725 ~ 24,735
24,660
24,590
💭 Final Thoughts
Today’s session didn’t break anything major — but it also didn’t conquer anything new.Stuck between major support and resistance, the index is coiling for a move. Bulls have the burden of proof now.
🧠 “Markets don’t pause forever — compression leads to expansion. Be ready when it chooses its direction.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
