๐Ÿ“Š Nifty 50 Market Analysis – 23th July 2025

 


๐Ÿงพ Nifty Recap – July 19, 2025: Range-Bound Day With Late Breakout

Today’s market was largely range-bound with a slow start, some fake-outs, and a sharp move later in the day.

Nifty opened slightly higher, but then drifted downward, making an intraday low of 25,085. After that, it began hovering in the narrow range between 25,120 and 25,150 for most of the session.

In the later half, the index finally broke 25,180 and even crossed 25,200, making a day’s high of 25,233, before closing near 25,219 — a decent recovery from the morning dip.


๐ŸŽฏ My Trade Today

In the initial phase, I took a Put (PE) position expecting the market to break 25,050 before a reversal.

But the market had other plans — the downtrend was short-lived, and the position hit my stop loss.

Later, I managed to recover some losses as the market showed strength, but I still ended the day slightly down.


๐Ÿง  Lesson Learned

  • Avoid early entries without confirmation, especially in tight ranges

  • Wait for levels to break with volume, not just touch

  • Range-bound days require extra patience and selective trading

Overall, happy with the recovery effort — and every day has something to teach.


๐Ÿ” Key Levels for Monday – July 22, 2025

  • Support:
    ๐Ÿ”ป Below 25,100, watch for 25,020 and 24,950

  • Resistance:
    ๐Ÿ”บ If 25,280 breaks, we might head toward 25,350–25,420


✅ Summary

✔️ Entered based on bias, not confirmation
❌ Took early trade in narrow range → SL hit
⚖️ Managed to recover part of the loss
๐Ÿง  Lesson: Let the market show the direction — don’t predict, react


๐Ÿ’ฌ How Did Your Trade Go?

Did you catch the late-day breakout? Or were you chopped out early like me?

Share your trade, thoughts, or lessons in the comments — we’re all learning here.


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