🟢 Nifty Analysis EOD – July 1, 2026 – Wednesday 🔴
Inside Bar Standoff: Nifty Holds Above 24,000
🗞 Nifty Summary
Nifty opened flat to positive and found a base around 23,895, then climbed steadily and gradually up to test 24,020. At this point it faced rejection and slipped sharply by 73 points, but VWAP came to the rescue. Another push higher led to a breach of PDH, though the index couldn’t sustain above it — IBH and R1 on the downside acted as support, and price formed an MC around the mid-session mark. The rest of the session was spent between 24,000 ~ 24,050, and the day closed at 23,988.10, with an adjusted close of 24,005.85, holding above the 24K mark.
Overall, as expected, today looked like a consolidation day — that holds up if we ignore the 15-point upper shadow above PDH, in which case the daily candle forms an inside bar pattern. This session is reminding me of the previous Wednesday’s move, the one right after the Nifty weekly expiry on 23 June.
Going into the next session, bulls will have to deal with the 24,075 ~ 24,125 zone, which could turn into a real hurdle, along with an LTF trendline have to face the same area.
Before any of that though, tomorrow’s opening tick matters most — if it opens inside today’s range, the breakout plan is clearer, but a gap up or down either side means waiting for IB to guide things.
The daily candle forming an inside bar suggests the market might still be deciding its next direction.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 23,897.65
High: 24,049.90
Low: 23,895.10
Close: 24,005.85
Change: +140.10 (+0.59%)
🏗️ Structure Breakdown
Type: Strong Bullish — buyers stayed in control through most of the session
Range: ≈154.80 points — moderate volatility
Body: ≈108.20 points — reflects fairly firm buying pressure through the day
Upper Wick: ≈44.05 points — a bit of rejection near the highs
Lower Wick: ≈2.55 points — barely any selling pressure, lows were defended easily
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 244.88
IB Range: 101.30 → Medium
Market Structure: Balanced
Trade Highlights:
09:29 Long Trade: Target Hit (R:R 1:3.62)
11:33 Short Trade: SL Hit
14:34 Short Trade: Trailing SL Hit
Trade Summary: The morning long trade worked out well, hitting target with a solid R:R of 3.62 — the system did its job there. The 11:33 short didn’t work and stopped out, and the 14:34 short also got stopped, though trailing at least protected part of that move. Two out of three not landing is a reminder that not every setup plays out, even when the logic looks fine going in. Still sticking with the process and taking whatever the day gives.
🧱 Support & Resistance Levels
Resistance Zones: 24040 | 24075 ~ 24125 | 24190 | 24235 ~ 24285
Support Zones: 23970 | 23900 | 23855 | 23790 | 23650 ~ 23620
🧠 Final Thoughts
“Some days the market just wants to breathe — today felt like one of those pauses.”
Today felt like a pause after the recent run — price pushed toward 24,020, got rejected, but never really broke down before buyers stepped back in near VWAP.
The 24,075 ~ 24,125 zone looks like the next real test, and the LTF trendline sits right around there too. If tomorrow opens inside today’s range, the plan is clearer; a gap either side and it’s probably better to just wait for IB to settle first.
Nothing to force here — just watching how price reacts at that zone before deciding anything.
✏️ Disclaimer
This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.
Inside Bar Standoff: Nifty Holds Above 24,000
🗞 Nifty Summary
Nifty opened flat to positive and found a base around 23,895, then climbed steadily and gradually up to test 24,020. At this point it faced rejection and slipped sharply by 73 points, but VWAP came to the rescue. Another push higher led to a breach of PDH, though the index couldn’t sustain above it — IBH and R1 on the downside acted as support, and price formed an MC around the mid-session mark. The rest of the session was spent between 24,000 ~ 24,050, and the day closed at 23,988.10, with an adjusted close of 24,005.85, holding above the 24K mark.
Overall, as expected, today looked like a consolidation day — that holds up if we ignore the 15-point upper shadow above PDH, in which case the daily candle forms an inside bar pattern. This session is reminding me of the previous Wednesday’s move, the one right after the Nifty weekly expiry on 23 June.
Going into the next session, bulls will have to deal with the 24,075 ~ 24,125 zone, which could turn into a real hurdle, along with an LTF trendline have to face the same area.
Before any of that though, tomorrow’s opening tick matters most — if it opens inside today’s range, the breakout plan is clearer, but a gap up or down either side means waiting for IB to guide things.
The daily candle forming an inside bar suggests the market might still be deciding its next direction.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 23,897.65
High: 24,049.90
Low: 23,895.10
Close: 24,005.85
Change: +140.10 (+0.59%)
🏗️ Structure Breakdown
Type: Strong Bullish — buyers stayed in control through most of the session
Range: ≈154.80 points — moderate volatility
Body: ≈108.20 points — reflects fairly firm buying pressure through the day
Upper Wick: ≈44.05 points — a bit of rejection near the highs
Lower Wick: ≈2.55 points — barely any selling pressure, lows were defended easily
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 244.88
IB Range: 101.30 → Medium
Market Structure: Balanced
Trade Highlights:
09:29 Long Trade: Target Hit (R:R 1:3.62)
11:33 Short Trade: SL Hit
14:34 Short Trade: Trailing SL Hit
Trade Summary: The morning long trade worked out well, hitting target with a solid R:R of 3.62 — the system did its job there. The 11:33 short didn’t work and stopped out, and the 14:34 short also got stopped, though trailing at least protected part of that move. Two out of three not landing is a reminder that not every setup plays out, even when the logic looks fine going in. Still sticking with the process and taking whatever the day gives.
🧱 Support & Resistance Levels
Resistance Zones: 24040 | 24075 ~ 24125 | 24190 | 24235 ~ 24285
Support Zones: 23970 | 23900 | 23855 | 23790 | 23650 ~ 23620
🧠 Final Thoughts
“Some days the market just wants to breathe — today felt like one of those pauses.”
Today felt like a pause after the recent run — price pushed toward 24,020, got rejected, but never really broke down before buyers stepped back in near VWAP.
The 24,075 ~ 24,125 zone looks like the next real test, and the LTF trendline sits right around there too. If tomorrow opens inside today’s range, the plan is clearer; a gap either side and it’s probably better to just wait for IB to settle first.
Nothing to force here — just watching how price reacts at that zone before deciding anything.
✏️ Disclaimer
This is my personal digital diary and represents my own analysis and point of view. It is not financial advice; please consult a professional advisor before making any trading decisions.
Read my blogs here:
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.com/kzatakia
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.com/kzatakia
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
Read my blogs here:
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.com/kzatakia
substack.com/@kzatakia
Follow me on Telegram:
t.me/swingtraderhub
Follow me on X:
x.com/kzatakia
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน