NIFTY 50 faces repeated resistance at ₹25,100. This analysis highlights multiple failed breakouts, bearish signals, and key levels to watch in July 2025.

Chart Timeframe: 1 Hour (1H)
Current Price: ₹24,967.45
Date: July 19, 2025

🔍 Overview

NIFTY 50 continues to struggle below a key resistance zone. Although the index attempted several breakouts, sellers took control each time. As a result, price momentum has weakened, and signs now point toward a possible short-term downside.

🧭 Key Technical Levels

• Resistance Zone: ₹25,050–₹25,100
• Current Price: ₹24,967
• Support Level to Watch: ₹24,800

This resistance zone has remained strong over the past few weeks. Every time the index moved near this level, it failed to break through convincingly. Therefore, this area has become a major supply zone.

🔄 Price Action Breakdown

Let’s examine the structure step by step:

1. Initial Rejections
   The index tested the ₹25,100 zone multiple times. However, sellers pushed the price lower each time. These sharp rejections clearly show selling pressure.
2. The Fake Breakout
   Eventually, the price did break above the resistance. But it couldn’t hold above that level. Soon after, the breakout failed, leading to a bull trap. Consequently, many traders who entered long positions were caught on the wrong side.
3. Final Push and Failure
   The price made one last attempt to break out. Although it briefly crossed above resistance, it quickly reversed. This marked the final failure before the current decline.
4. Retest and Breakdown
   After falling below the blue line, the price came back up to retest the same level. As expected, this time the previous support acted as resistance. The retest failed, and the price continued its downward move.

📊 Market Sentiment and Technical View

So far, the price action shows clear signs of bearish strength. While buyers have tried to gain control, sellers have responded with strong resistance. Furthermore, each rejection has occurred near the same level, confirming that the zone between ₹25,050 and ₹25,100 is significant.

The fake breakout added to the selling pressure, as traders quickly exited failed long positions. Since then, the index has lost its upward momentum.

🔍 What to Expect Next

Going forward, traders should monitor price behavior closely near the current levels. If the index stays below ₹25,100, the bearish view will likely stay intact. On the other hand, a sustained move above this resistance with strong volume may flip the bias back to bullish.

Until that happens, the market looks weak. Therefore, traders should remain cautious.

✅ Conclusion

In conclusion, the NIFTY 50 index is stuck below a major resistance zone. Multiple failed breakouts and a false rally have weakened its technical outlook. While bulls may attempt to regain control, the market currently favors bears.

📌 View: Short-term bearish
🔺 Resistance: ₹25,050–₹25,100
🔻 Support: ₹24,800
📉 Trend: Bearish below ₹25,100; strength only above this zone

⚠️ Disclaimer: This is for informational purposes only. Please consult a SEBI-registered financial advisor before making investment decisions.

Join Us on Telegram : Click Here