Nifty Analysis EOD – June 19, 2025 – Thursday

🟢 Nifty Analysis EOD – June 19, 2025 – Thursday 🔴

📉 Bookish Spinning Top Doji – Another Day of Indecision on Expiry

Nifty opened with a mild +16-point gap-up and immediately dipped to test the Previous Day Low (PDL), marking the day low at 24,738.10. A quick reversal took the index 125 points higher, reaching a high of 24,863, only to settle back into theta-eating mode around VWAP.

Just as things looked ready to turn, a 13:50 breakout attempt fizzled as the price faced rejection above the CPR zone, leading to a final dip below the previous low, touching a new intraday low at 24,733.

Though the intraday close was at 24,744.70, the settlement close was 24,793.25 — a 47.65-point difference that’s not trivial, especially on expiry day.

The entire day remained a narrow-range, rollercoaster ride — clearly showing neither bulls nor bears could take charge. The total range was just 130 points, forming a textbook Spinning Top, which reflects market contraction.

📌 Now what?
Keep a close eye on the range:

🟢Bullish Breakout ➤ above 24,862 (CDH)

🔴Bearish Breakdown ➤ below 24,733 (CDL)

The squeeze is on. Expansion is near.

🕯 5 Min Time Frame Chart with Levels



🕯 Daily Time Frame Chart



🕯 Daily Candle Breakdown

Open: 24,803.25

High: 24,863.10

Low: 24,733.40

Close: 24,793.25

Change: −18.80 (−0.08%)


📊 Candle Structure Breakdown

Real Body: 10.00 pts → 🔻 Small Red Candle

Upper Wick: 59.85 pts

Lower Wick: 59.85 pts


🔍 Interpretation

Equal wicks show balanced buying and selling.

Small real body signals strong indecision.

Intraday volatility was neutral despite expiry impact.

🕯 Candle Type

⚖️ Perfect Spinning Top / Doji-like Candle – Indicates market contraction, waiting for directional resolution.

📌 Key Insight

The market continues its tight range-bound structure.

Any breakout beyond 24,865 or breakdown below 24,730 could trigger directional moves.

Till then: “Wait and watch mode.”

🛡 5 Min Intraday Chart



⚔️ Gladiator Strategy Update

ATR: 240.08

IB Range: 125.00 → Medium IB

Market Structure: ⚖️ Balanced

Trades:🚫 No Trade Triggered by System


📌 Support & Resistance Zones


Resistance Levels

24,894 ~ 24,882

24,972 ~ 25,000

25,060 ~ 25,080

25,102 ~ 25,125


Support Levels

24,825 ~ 24,847

24,725 ~ 24,735

24,660

24,590


💭 Final Thoughts

The market is compressing like a coiled spring.Spinning tops near resistance often signal upcoming volatility.Let the breakout come to you — don’t pre-empt, participate.

🧠 “When the market sleeps in narrow ranges, it dreams of big moves.”

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