Nifty Analysis EOD – May 16, 2025 – Friday

🟢 Nifty Analysis EOD – May 16, 2025 – Friday 🔴
Nifty Took a Breather After a Big Bullish Day

📈 Nifty Summary
As anticipated, after Thursday’s strong breakout and euphoric rally, Nifty paused for breath today. Despite Gift Nifty indicating a 75+ point gap-up, the actual open was flat, hinting that global cues couldn't ignite further momentum.

From the start, the tone was set for a retracement-style session—every intraday rise met with selling, while dips around 24,980 continued attracting buyers, keeping the structure range-bound but supported.

The most notable observation: today’s low aligned with the 23.8% Fibonacci retracement of yesterday’s candle, which shows bulls are still in control and defending key levels. However, the recovery from the day’s low couldn’t break past the 50% retracement of the same range—signalling hesitation and exhaustion in the short term.




📊 Intraday Walk

🟢 Flat open despite positive Gift Nifty cues

⚖️ Mean-reverting price action throughout

🧲 Buying seen repeatedly near 24,980

❗Rejection seen around 50% retracement of the previous day’s candle

🔚 Closed mildly negative; a pause, not panic




🕯 Daily Candle Breakdown

Candle Type: Small-bodied candle (Doji-ish) indicating indecision

Range: Tight and narrow (117 Points) session

Key Observation: Low held above 23.8% retracement of May 15 candle

What it Implies: Bulls still holding ground, but upside conviction lacking

🎯 Gladiator Strategy Update

Strategy Parameters

ATR: 350.94

IB Range: 94.2 → ✂️ Small IB

Market Structure: ⚖️ Balanced

Trade Highlights

⚠️ 1st Short Trigger: 11:05 → No Entry Initiated

💼 Total Trades: 0

📍 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

🔮 What’s Next?
Today was a classic breather candle after a strong impulse. If Monday opens bullish and crosses above 25,070, we could see a continuation of the uptrend. But a close below 24,950 may be the first red flag for bulls.

🧠 Final Thoughts
Markets don't rise in a straight line. Today was a healthy pause—a base-building day. As long as 24,980 holds, the bulls have the upper hand.

“A pause in trend isn’t weakness—it’s preparation.”

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