Nifty Analysis EOD – May 28, 2025 – Wednesday

🟢 Nifty Analysis EOD – May 28, 2025 – Wednesday 🔴

Consolidation at the bottom—ready to blast? Or more of the same tomorrow?

📊 Nifty Summary:

Nifty opened mildly higher at 24,832.50, only to spend the entire session grinding within a narrow 127-point range. Most of the action stayed trapped in a 60-point box, giving day traders a frustratingly sideways experience. Attempts to break the range failed, and the index closed at the day's lower edge, continuing the consolidation near key support zones.

🔍 Intraday Walk:

Nifty opened with a small positive bias but failed to find follow-through.

For the major part of the day, price action remained boxed in a tight range—ideal only for scalpers and option writers.

An attempted breakout was seen, but the index quickly fell back into the consolidation zone.

Triangle breakout on 5-min chart came late (3:00 PM), with no time for validation.

Closed near day’s low at 24,752.45, just above crucial support.



🛡 5 Min Chart with Patterns



🛡 5 Min Chart with Patterns and Levels



🔎 Chart Observations:

🔸 Mini M-Pattern formed twice on 5-min chart at key level—adds to bearish caution.

🔸 Box consolidation zone repeated from yesterday’s range.

🔸 Symmetrical Triangle seen on 5-min chart broke on the downside at 15:00—too late to act but worth noting.

🔸 Yesterday’s low stayed protected, though price closed weak.

🔸 Volatility dried up ahead of monthly expiry—expect positioning tomorrow.

🕯 Daily Time Frame Chart





📉 Daily Candle Breakdown:

Open: 24,832.50

High: 24,864.25

Low: 24,737.05

Close: 24,752.45

Change: −73.75 (−0.30%)

Candle Structure:

Real Body: 80.05 pts (Red candle)

Upper Wick: 31.75 pts

Lower Wick: 15.40 pts

Interpretation:

Small-bodied candle with short wicks on both ends—a Bearish Spinning Top, hinting at indecision but with a slight bearish bias.

Inside Bar formation – breakout watch on either side.

🧠 Key Insight:

The market is digesting the recent downside with sideways consolidation. If bulls fail to protect 24,700, deeper cuts could follow. On the flip side, a break above 24,882 could trigger short-covering ahead of expiry.

🛡 5 Min Intraday Chart





⚔️ Gladiator Strategy Update:

ATR: 299.84

IB Range: 121.2 → Medium

Market Structure: Balanced

Total Trades: 0

❌ No valid triggers today – system stayed out due to tight range and lack of momentum.

📌 Support & Resistance Levels:

🔺 Resistance Zones:

24,768 ~ 24,820

24,882

24,894

24,920

24,972 ~ 25,000

25,062 ~ 25,070 (Rejected for 5th time!)

25,116 ~ 25,128

25,180 ~ 25,212

25,285 ~ 25,399

🔻 Support Zones:

24,737 ~ 24,727

24,700

24,660

24,640 ~ 24,625

24,590

24,530 ~ 24,480

24,460

🔮 What’s Next?

Scenario 1 – Breakdown:If 24,700 breaks and sustains, Nifty may head towards 24,589 → 24,500 → 24,461.

Scenario 2 – Breakout:If 24,882 breaks and sustains, Nifty can test 24,920 → 24,972 → 25,000 → 25,065 → 25,116 → 25,180.

📍 Most probable scenario:Expecting a range-bound day between 24,660 and 24,882, typical of Monthly expiry sessions. However, if short covering triggers, the day could flip into a trend day.

⛔ Caution: Tomorrow is a tricky expiry day—stay nimble, follow strategy, and respect levels!

🧘 Final Thoughts:

"The calm before the storm often wears the mask of boredom. When the market sleeps, prepare for the wake-up call."

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