Nifty Analysis EOD - May 15, 2025 - Thursday

🟢 Nifty Analysis EOD - May 15, 2025 - Thursday 🔴

Heart-Throbbing Wild Weekly Expiry by Nifty

📈 Nifty Summary
What a day! In yesterday’s report, we highlighted the potential for breakout on both sides—and Nifty said, “Why choose one? Have both!”
Opening with a modest gap-up of 28 points at 24,694, the index wasted no time and took a sharp dive, breaching the Previous Day Low (PDL) and hitting 24,494. This test of the 24,483–24,528 support zone sparked an immediate V-shaped recovery.

By 10:30 AM, Nifty had reclaimed its mean level, and breaching 24,600 triggered short-covering that pushed it sharply toward PDH, which was taken out in just 10 minutes. A rumored update from Trump on a USA–India tariff deal (unverified but possible catalyst) might have played a role—though, as always, price is the final news.

However, within the next 30 minutes, Nifty wiped out all the gains, only to enter a consolidation phase until 1 PM. Then came the real action—another breakout above PDH with strong short-covering and fresh buying. The rally took Nifty to a fresh weekly high of 25,116, closing near the highs at 25,035.

This wasn’t a regular expiry. This was a thriller.







📊 Intraday Walk

📉 Breach of PDL to form 24,494 low

🧲 V-shaped recovery from 24,500 zone

🚀 24,600 breakout triggers short-covering to PDH

⚡ Spike to PDH wiped out → range-bound for 2 hours

🟢 1 PM breakout → new weekly high 25,116

🔚 Closed at 25,035, a solid 341-point day




🕯 Daily Candle Breakdown

Candle Type: Bullish Marubozu-like Engulfing

Range: ~622 points

Key Observation: Engulfed previous two candles and broke 12th May’s high & close

What it Implies: Strong bullish momentum, signs of sustained short-covering

🎯 Gladiator Strategy Update

Strategy Parameters

ATR: 376.94

IB Range: 212.3 → 📏 Medium IB

Market Structure: ⚖️ Balanced

Trade Highlights

✅ 1st Long Trigger: 13:05

🎯 Target Achieved: 1:4 Risk-Reward

💼 Total Trades: 1

📍 Support & Resistance Levels

🟩 Resistance Zones:

25,116 ~ 25,128

25,180 ~ 25,212

25,285

25,399

25,485 ~ 25,511

🟥 Support Zones:

25,000 ~ 24,980

24,882

24,800 ~ 24,768

24,730

24,660

24,590

24,530 ~ 24,480

🧠 Final Thoughts
The Nested Inside Bar setup we spoke of yesterday? It delivered. Clean breakdown of PDL without triggering trade saved us from a trap, while the PDH breakout delivered a 1:4 reward—textbook price action setup. With a strong bullish engulfing on the daily, expect continued strength with dips being bought.

“When the market offers clarity, act. When it offers confusion, observe.” — Stay nimble.

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