🎯 NIFTY ANALYSIS  —  25 MAY 2026  —  MONDAY FINALLY, NIFTY IS ABOVE 24,000 Report by  Devanand Gautre  |  sharevix.com

CLOSE 24,050

TREND BULLISH ↑

KEY LEVEL 24,000 ✓

📊 PRE-MARKET BRIEF

Over the past weekend, US–Iran peace talks led to a meaningful drop in crude oil prices, injecting a wave of positive sentiment into global markets. Indian markets picked up on this optimism, signalling a strong gap-up opening for Nifty. However, the critical point of interest remained the 24,000 strike price, where significant Call writers had built up substantial open interest — putting them under immediate pressure. The battle between buyers and these call writers was set to define the day.

⏱ HOUR-BY-HOUR MARKET NARRATIVE

09:15 – 10:15 AM  |  Gap-Up Opens, But Resistance Builds As anticipated, Nifty opened with a strong gap-up. Yet, the moment the market opened, call open interest at 24,000 surged — indicating that writers were aggressively defending this level. The index hovered tantalizingly close to, but never quite touched, 24,000. Delta was elevated in the first five-minute candle, and the volatility crush that followed the gap-up meant option premium decay was nearly negligible. A cautious wait-and-watch stance was the right call here, waiting patiently for a directional breakout rather than chasing the initial excitement.

10:15 – 11:15 AM  |  Bulls Push, Absorption Kicks In The market began making a more determined push upwards, with improving delta signals suggesting genuine buying interest. However, each attempt to breach 24,000 was met with buyer absorption — sellers were not fleeing; they were strategically absorbing buying pressure at that critical strike. The key observation: if 24,000 did give way, a swift 100-point move was likely on the cards. But patience remained the discipline of the hour. The upper cap for the day was expected around 24,200 at best.

11:15 AM – 12:15 PM  |  Cumulative Delta Builds, Sellers Absorb Cumulative delta was clearly tilting positive — a constructive sign. Yet price remained stubbornly range-bound. Sellers were quietly and systematically absorbing the buy orders, creating a tug-of-war with no clear winner visible on the chart. On a brighter note, Put open interest was incrementally building at 24,000 — a supportive indicator suggesting the downside was being protected. This was not a market ready to fall; it was a market gathering energy for a move.

12:15 – 1:15 PM  |  Index Heavyweights Play Tug of War The afternoon session turned into a heavyweight showdown. HDFC Bank and ICICI Bank were pulling the market higher, while Airtel and Reliance dragged in the opposite direction — and given the enormous combined weightage of these four names in Nifty, the result was a frustrating sideways drift. No clear directional imbalance was visible in the order flow, and the index remained effectively trapped between buyers and sellers with neither side gaining the upper hand.

1:15 – 2:15 PM  |  Third Strike — Buyers Get Trapped For the third time in the session, Nifty attempted to clear 24,000 — and for the third time, it was rejected. This triple rejection compressed the market into a narrow 35-point range between 23,960 and 23,995. Multiple buyers who had entered on hope of a breakout found themselves sandwiched in a losing trade. The psychological damage of three failed attempts created a paradoxical opportunity — the exhaustion of sellers in the range was actually setting the stage for the eventual breakout.

After 2:15 PM  |  The Breakout — Finally! And then it happened. With conviction. A powerful delta-backed candle sliced through 24,000 with strong follow-through — exactly the kind of clean breakout the entire day had been building towards. The call writers were forced to cover, adding fuel to the upside move. Unfortunately, the breakout materialized close to 3:00 PM — a notoriously treacherous window for intraday traders due to sharp, unpredictable swings. Many market participants simply could not capitalize on the opportunity. Nonetheless, the day ended decisively green, with Nifty closing near 24,050 — a statement close above the fortress level.

💼 MY TRADES TODAY

The moment the 24,000 breakout was confirmed with strong delta, an immediate entry was executed using a combination of ITM and OTM Call options — a position structured to benefit from the directional momentum while managing premium risk. The position showed promise as the index pushed higher. However, given the proximity to 3:00 PM and the well-known dangers of that volatile window, the trade was exited with minimal profit. Risk management took precedence over greed — a principle that separates consistent traders from hopeful ones.

🌐 GLOBAL NEWS CONTEXT

Al Jazeera Iran’s Foreign Ministry spokesperson confirmed that meaningful progress has been made in US–Iran talks, facilitated by Pakistan’s mediation, across a sizeable portion of discussion topics. However, he was careful to emphasize that this does not imply an agreement signing is imminent.

Reuters Both Iran and the United States tempered expectations for an imminent breakthrough in their three-month-old standoff. US Secretary of State Marco Rubio stated that Washington would either secure a strong agreement — or address the situation through alternative means.

⚠ DISCLAIMER This report is produced by sharevix.com and must not be copied or circulated without prior written permission. Sharevix.com is NOT registered with SEBI. This content is intended solely for educational awareness. If you choose to make any financial decision based on this report, it is entirely at your own risk and responsibility. Sharevix.com does not provide tips, advisory, or any paid financial services. Always consult a qualified financial advisor before taking any investment decision. Images used in this report do not imply any association with, or endorsement of, any brand or company. For queries, contact support@sharevix.com