Nifty Analysis EOD – November 21, 2025 – Friday
🟢 Nifty Analysis EOD – November 21, 2025 – Friday 🔴
Bulls Fail to Sustain Rally; Panic from Global Markets
🗞 Nifty Summary
nfluenced by negative global news, the Nifty started with a 71-point Gap Down and quickly lost another 30 points. The 26100 psychological support came to the rescue initially, triggering an 80-point bounce from the day’s low. However, the crucial swing resistance at 26170 acted as a firm ceiling, pushing the index back down sharply by 118 points. This move set the temporary day low at 26,055.95.
After a period of tight consolidation (15-18 points range), a second rally attempted to breach 26170, but this upward move fizzled out due to renewed selling pressure. The Nifty closed near the day’s low at 26,068.15, resulting in a loss of -124.00 points (-0.47%). The panic was clearly driven by global clues.
Despite the drop, the close and low are near the previous day’s low and the November 19th high, suggesting the long-term bullish structure remains technically intact.
Action planning must await Monday’s session closing.
🛡 5 Min Intraday Chart with Levels
🛡 Intraday Walk
The session was highly volatile, characterized by sharp 80-point swings, almost entirely contained within the Initial Balance (IB) Range. The initial fake-down below the IB Low served as a bear trap, leading to the morning bounce.
However, the consistent rejection at the 26170 level was the defining feature of the day. Every attempt by bulls to reclaim higher ground was met with aggressive selling, culminating in a close almost at the low of the day. This type of price action offers good opportunities for intraday traders but highlights structural uncertainty for the swing bias.
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 26,109.55
High: 26,179.20
Low: 26,052.20
Close: 26,068.15
Change: −124.00 (−0.47%)
🏗️ Structure Breakdown
Type: Bearish candle with a strong upper wick.
Range (High–Low): ≈ 127 points — moderate intraday volatility.
Body: ≈ 41 points — controlled but clear downside pressure.
Upper Wick: ≈ 69 points — strong selling pressure and rejection at the higher levels (26170 zone).
Lower Wick: ≈ 16 points — mild buying from the day’s lows but ultimately insufficient to shift the closing momentum.
📚 Interpretation
The strong upper wick is the most important structural element, indicating that sellers aggressively entered the market every time the index attempted to rise. The close near the low confirms that the sellers maintained control throughout the session, despite the initial bounce from the 26100 support. This candle is a clear sign that overhead supply is active near the recent highs.
🕯 Candle Type
Bearish Candle with Strong Upper-Wick Rejection — A clear signal that resistance is active and the upward momentum has paused.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 191
IB Range: 80.55 → Medium
Market Structure: Balanced
Trade Highlights:
10:56 Long Trade - Target Hit (R:R 1:2.89)
Trade Summary: The strategy successfully captured the morning counter-trend bounce, demonstrating adaptability to the initial range-bound fakeout. The volatility offered limited opportunities, but the core profitable trade capitalised on the immediate reaction at the 26100 support.
🧱 Support & Resistance Levels
Resistance Zones:
26104
26135
26180 (Crucial Rejection Level)
26220 ~ 26245
26277 (ATH)
Support Zones:
26075 ~ 26040 (Current Holding Zone)
26000 (Psychological Support)
25950 ~ 25940
🧠 Final Thoughts
“The bulls must defend the lower ground to maintain the structure.”
The close near the lows means the market is vulnerable to further downside, but the crucial structural support lies in the 26040 ~ 26000 zone. The bullish structure is intact only if Nifty successfully holds this band.
A decisive breach above 26180 is required to signal renewed confidence toward the ATH.
Until then, stay cautious and respect the volatility.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
source
https://www.tradingview.com/chart/NIFTY/PbC42uR8-Nifty-Analysis-EOD-November-21-2025-Friday/
