Nifty Analysis EOD – June 16, 2025 – Monday

🟢 Nifty Analysis EOD – June 16, 2025 – Monday 🔴

📈 Expected Follow-Through Plays Out – Bulls Eye 25K Hurdle Next

Nifty opened flat-to-positive at 24,737, briefly dipped to the day’s low of 24,703.60, and then reversed smartly to touch an intraday high of 24,967.10 by 13:40. After that, the index spent the rest of the day consolidating in a narrow 40-point band and closed at 24,940.95 intraday (adjusted close: 24,946.50), delivering a solid +227.90 point gain.

As anticipated, the 24,768–24,800 support zone provided the launchpad for further upside, confirming the bullish follow-up from Friday's recovery. The rally tested 24,967, just shy of the crucial resistance at 24,972, which remains a key watch for the next session.

🔍 However, going forward, the bulls face major challenges around 25,000–25,080. This zone has acted as a hurdle in the past and could either stall the rally or serve as a breakout trigger. Watch price behavior carefully around these levels to assess conviction.

🛡 5 Min Chart with Levels



🕯 Daily Time Frame Chart



🕯 Daily Candle Breakdown

Open: 24,732.35

High: 24,967.10

Low: 24,703.60

Close: 24,946.50

Change: +227.90 (+0.92%)

📊 Candle Structure Breakdown

Real Body: 214.15 pts → 🟢 Strong Green Candle

Upper Wick: 20.60 pts

Lower Wick: 28.75 pts

🔍 Interpretation

Opened near day’s low, closed near day’s high — classic bullish sentiment.

Small wicks show controlled buying with minimal resistance and shakeouts.

Reinforces the bulls’ momentum after Friday’s OL recovery candle.

🔦 Candle Type

💚 Bullish Marubozu–type / Bullish Continuation Candle– Often found during the middle leg of a bullish swing, signaling strong trend momentum.

📌 Key Insight

Today's price action confirmed continuation of the recovery.

Close above 24,950–25,000 in the next session could ignite fresh upside.

Rejection around 25,060–25,080 would indicate caution — stay nimble.

🛡 5 Min Intraday Chart



⚔️ Gladiator Strategy Update

ATR: 268.49

IB Range: 114.05 → Medium IB

Market Structure: ⚖️ Unbalanced

Trades:
✅ 10:20 AM – Long Triggered → Target Achieved, Trailing SL Hit (RR: 1:3.28)

📌 Support & Resistance Zones


Resistance Levels

• 24,972 ~ 25,000
  
• 25,060 ~ 25,080
  
• 25,102 ~ 25,125
  

Support Levels

• 24,894 ~ 24,882
  
• 24,825 ~ 24,847
  
• 24,725 ~ 24,735
  
• 24,660
  

💭 Final Thoughts

The market played exactly as mapped — now it’s about decision time near 25K. Will the bulls charge ahead or pause? Either way, the structure favors short-term bullishness — but profit booking pressure near resistance must be expected.

🧠 “Momentum is a gift – but without volume and conviction, it fades at resistance.”

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