Nifty Analysis EOD – August 28, 2025 – Thursday🟢 Nifty Analysis EOD – August 28, 2025 – Thursday 🔴
Bulls Tried, But Bears Closed the Table
🗞 Nifty Summary 🗞
Nifty started almost flat but below the prior low, and selling pressure hit from the first tick — falling 195 points in just 10 minutes to mark the day low at 24,507. Support came in, leading to a 170-point recovery, almost touching the day high near 24,675–24,695, but the support zone flipped into resistance. A sharp rejection dragged the index back to the lows, even breaching them to mark a new day low at 24,481.60.
By the close, a mild 50-point recovery couldn’t change the tone, with Nifty finishing at 24,533.10, down −211.15 points (−0.85%).
Over the last 5 sessions, Nifty has lost 672 points, slipping below the Fib 0.786 retracement of the recent swing high-low range.
🛡 5 Min Intraday Chart with Levels
📊 Intraday Walk
Gap-down, immediate 195-point fall to 24,507.
Bulls attempt recovery, index climbs 170 points.
Faces rejection at 24,675–24,695, prior support turned resistance.
Sellers regain control, Nifty revisits lows.
Breach of earlier low, new low at 24,481.60.
Small 50-point bounce, closes weak at 24,533.10.
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 24,695.80
High: 24,702.65
Low: 24,481.60
Close: 24,500.90
Change: −211.15 (−0.85%)
🏗️ Structure Breakdown
Candle: Red (Close < Open)
Body: 194.90 points (large bearish body)
Upper wick: ~7 points → no strength above open
Lower wick: ~19 points → weak recovery attempt
📚 Interpretation
Gap-down open, below PDL.
Buyers failed to sustain upside; day’s high just 7 points above open.
Persistent selling throughout, only a minor bounce at close.
Another strong bearish candle, very similar to yesterday’s.
🕯Candle Type
Bearish Marubozu–style (big red body, tiny wicks).
Signifies trend-confirming, decisive selling pressure.
🔎 Short-Term View
Support: 24,480–24,450 (tested today). Break → 24,365–24,335.
Resistance: 24,695–24,720 (gap-down + rejection zone).
📌 The market is clearly moving in phases:
21st → Pause and alert
22nd → trend reversal confirmation
25th → pullback rejection
26th → confirmation
28th → bearish extension
Bulls must defend 24,350 to prevent a deeper correction.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 204.83
IB Range: 195.45 → Medium
Market Structure: ImBalanced
Trade Highlights
9:45 AM – Long Trigger → Target achieved (R:R 1:1.5)
12:55 PM – Short Trigger → Target achieved (R:R 1:1.5)
📌 Support & Resistance Levels
Resistance Zones:
24,585 ~ 24,600
24,675 ~ 24,695
24,745
Support Zones:
24,665 ~ 24,650
24,365 ~ 24,335
🏹 Final Thoughts
“Markets don’t lie. When a support flips to resistance, the message is loud and clear — respect the structure.”
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
