Nifty Analysis EOD – October 29, 2025 – Wednesday🟢 Nifty Analysis EOD – October 29, 2025 – Wednesday 🔴
Bulls fight back, but 26,100 still guards the gate to new highs
🗞 Nifty Summary
Nifty opened 22 points higher at 25,982 and immediately tested the 26010 ~ 26020 resistance zone within the first 5 minutes. This zone once again acted as a strong supply area, forcing an early rejection and filling the opening gap.
Despite multiple attempts, Nifty couldn’t break through in the first hour. During this phase, a symmetrical triangle pattern took shape, and its breakout finally triggered a sharp move upward, pushing the index beyond both the 26010 ~ 26020 zone and the PDH level.
However, the bulls failed to hold above PDH, slipping back below where the same zone flipped into support. From there, with persistent effort, Nifty managed to reclaim the PDH and mark a new intraday high near 26085 ~ 26100, the next key resistance zone.
Around 1:10–1:15 PM, heavy volume spikes were noted — particularly on ITM option strikes — signaling a fierce tug-of-war between buyers and sellers. Price consolidated in this area and created a false breakout, eventually sliding back to retest PDH and the 26010 ~ 26020 zone.
By the closing bell, Nifty settled at 26,068.30, posting a 102.90-point gain — a healthy positive finish despite intraday turbulence.
Yesterday’s note had warned about false breakouts, which proved useful today. Up to 13:40, Nifty moved cleanly along a trendline, but once it broke, bias turned unclear — signaling traders to step back. Those who detached after the early profit phase likely preserved gains and avoided the afternoon whipsaws.
Going ahead, 26010 ~ 26020 must hold as support to keep bullish momentum intact. A breakout above 26,100 could open the door toward 26,220, 26,280, and possibly a new all-time high (ATH) soon.
🛡 5 Min Intraday Chart with Levels
🛡 Intraday Walk
Gap-up open of 22 pts → early rejection at 26010 ~ 26020.
Gap filled → forms symmetrical triangle.
Breakout triggers sharp rally → crosses PDH, hits 26085 ~ 26100.
Fakeout at highs → slides back below PDH to support.
Afternoon session volatile, strong volumes between 1:00–1:15 PM.
Index rebounds again, closes strong near 26068.
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,982.00
High: 26,097.85
Low: 25,960.30
Close: 26,053.90
Change: +117.70 (+0.45%)
🏗️ Structure Breakdown
Type: Bullish candle with small lower shadow and moderate upper wick.
Range (High–Low): 137.55 pts → steady intraday movement.
Body: ≈ 71.9 pts → consistent buying strength.
Upper Wick: ≈ 43.95 pts
Lower Wick: ≈ 21.70 pts
📚 Interpretation
The session opened flat, briefly dipped below 25,960, and then trended higher. Buyers maintained firm control through the day, though some supply was visible near 26,100. The close near the upper end of the range confirms bullish continuation.
🕯Candle Type
Bullish Continuation Candle (Rising Marubozu variant)
Indicates renewed buying interest following a brief pause in momentum (after previous spinning top).
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 202.26
IB Range: 64.75 → Medium
Market Structure: Balanced
Trade Highlights:
10:10 – Long Trade → Target Achieved (R:R 1:2.45)
12:10 – Long Trade → Target Achieved (R:R 1:1.36)
13:30 – Long Trade → SL Hit
📌 What’s Next? / Bias Direction
Bias: Bullish continuation with cautious optimism.
Holding 26,010–26,020 keeps the trend intact;
break above 26,100 can extend the rally toward 26,220+.
📌 Support & Resistance Levels
Resistance Zones:
25996
26010 ~ 26020
26085 ~ 26100
Support Zones:
25865
25828
25790
25725 ~ 25715
💡 Final Thoughts
“Momentum rewards patience — not prediction.”
Nifty is showing healthy consolidation beneath resistance, and the strength of the last two sessions indicates buyers are still in charge. One decisive breakout above 26,100 could set the tone for the next leg higher.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
