Nifty Analysis EOD – November 6, 2025 – Thursday🟢 Nifty Analysis EOD – November 6, 2025 – Thursday 🔴
Another day of controlled weakness — bears still holding the steering wheel.
🗞 Nifty Summary
Nifty opened with a mild +25-point gap-up, quickly filled the gap within the first minute, and bounced nearly 90 points from the lows. However, the index failed to sustain above the Previous Day Close (PDC) for long and slipped below the 25,550 support zone before 10:10 AM.
Post that, Nifty spent almost the entire session hovering around the 25,550 level, forming a tight 50-point range between 25,520 and 25,575. Activity remained brisk inside this narrow band — a typical sign of short-term balance building after directional exhaustion.
Around 12:45 PM, an attempt to break out toward 25,615 faced rejection, pushing Nifty back inside the range. Finally, around 3 PM, the index broke down from this mini distribution, marking the day’s low at 25,491.55 and closing at 25,519.95, slightly above the intraday bottom.
Overall, it was a single-distribution day, where bears dominated the main trend as well as sub-trend structures.
Bias remains bearish below 25,640, while a decisive break and hold above it could trigger a short-covering move. Until then, the expectation remains for Nifty to test the 25,330–25,300 zone in the near term.
🛡 5 Min Intraday Chart with Levels
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,593.35
High: 25,679.15
Low: 25,491.55
Close: 25,509.70
Change: −87.95 (−0.34%)
🏗️ Structure Breakdown
Type: Another bearish candle with a medium body and a clear upper wick.
Range (High–Low): 187.6 points → continued volatility.
Body: ≈ 83.65 points → steady selling across the day.
Upper Wick: ≈ 85.8 points → strong rejection near intraday highs.
Lower Wick: ≈ 18.15 points → minor recovery but bears stayed in charge.
📚 Interpretation
Nifty opened slightly higher but couldn’t hold above 25,650, facing supply near 25,670–25,680. Breaking below 25,500 during the mid-session confirmed the continuation of weakness seen after recent bearish candles. Although there was a mild recovery toward the close, the settlement below 25,510 underscores sustained selling pressure.
🕯Candle Type
A lower-high, lower-close continuation candle that reinforces the ongoing short-term corrective phase. The extended upper shadow reflects selling on every rise — a clear hallmark of a market still in the grip of bears.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 201.14
IB Range: 91.95 → Medium
Market Structure: Balanced
Trade Highlights:
10:09 – Short Trade → Target Achieved (R:R 1:1.56)
13:44 – Short Trade → Target Achieved (R:R 1:2.4)
📌 Support & Resistance Levels
Resistance Zones:
25,550
25,585
25,615 ~ 25,635
Support Zones:
25,460 ~ 25,440
25,380
25,340
25,310 ~ 25,290
💡 Final Thoughts
The index continues to exhibit controlled weakness, with bears gradually grinding down support levels while bulls fail to sustain any momentum. As long as 25,640 remains intact, selling on rise remains the favored approach. A breach below 25,440 could accelerate a test toward 25,300.
“Markets don’t reverse when you want them to — they reverse when enough traders are trapped.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
