\๐ BANK NIFTY TRADING PLAN โ 26-Jun-2025\
๐ \Previous Close:\ 56,591
๐ \Gap Opening Threshold:\ ยฑ200 Points
๐ \Chart Reference:\ 15-min Time Frame
๐ฆ \Volume Snapshot:\ 9.61M (suggesting trader participation)
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\
\[\*]\๐ GAP-UP OPENING (Above 56,735):\
If Bank Nifty opens above the \No Trade Zone (56,531 โ 56,735)\, it may attempt to test the \Last Intraday Resistance Zone โ 57,046\. A strong push above this level can open up room till \57,296\.
โ \Plan of Action:\
โข Allow first 15โ30 minutes for confirmation
โข A breakout and sustained strength above 57,046 can trigger a directional move
โข Watch for price action (e.g. rejection wicks) near 57,046 before entering
๐ฏ \Trade Setup:\
โ Long above 57,046 (on bullish candle close)
โ Target: 57,296
โ SL: Below 56,735
โ Avoid shorts unless price gives rejection confirmation at 57,046โ57,296 zone
๐ \Pro Tip:\ Momentum trades work best here โ avoid small SLs due to wide range.
โโโโโโโ
\[\*]\โ๏ธ FLAT OPENING (Within 56,531 โ 56,735):\
This is a \No Trade Zone\ and should be approached with caution. Prices may consolidate or trap early buyers/sellers.
โ \Plan of Action:\
โข Observe price action for breakout above 56,735 or breakdown below 56,531
โข Avoid trading inside the zone โ it's prone to fake moves
โข Structure your entry after the breakout is confirmed with volume
๐ฏ \Trade Setup:\
โ Long above 56,735 โ Target 57,046
โ Short below 56,531 โ Target 56,356
โ SL: Just above/below the zone boundary
๐ \Pro Tip:\ If stuck inside this zone, wait. Reacting early leads to poor entries and whipsaws.
โโโโโโโ
\[\*]\๐ GAP-DOWN OPENING (Below 56,356):\
Opening below this zone places immediate focus on the \Buyerโs Support Zone (56,084 โ 56,027)\. If this level holds, a bounce could be expected, else 55,514 may come into play.
โ \Plan of Action:\
โข If a bullish candle forms near 56,027โ56,084, go long for reversal scalps
โข Breakdown below 56,027 = potential strong sell-off
โข Avoid trying to bottom fish unless reversal is evident with volume spike
๐ฏ \Trade Setup:\
โ Long: Only on reversal from 56,027 with SL below zone
โ Short: Below 56,027 with confirmation
โ Target: 55,514
โ SL: 50โ60 pts based on volatility
๐ \Pro Tip:\ Buyer zones often lead to sharp reversal moves โ play small and safe until confirmed.
โโโโโโโ
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\๐ก RISK MANAGEMENT & OPTIONS TRADING TIPS:\
โ Use \Spread Strategies\ when IV is high โ e.g., Bear Put Spread
โ Avoid buying options inside \No Trade Zone\ due to theta decay
โ Strict \15-min candle close SL\ to validate exits
โ Never risk more than \2% of your capital\ on a single trade
โ Size options position based on premium โ not lot count alone
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\๐ KEY LEVELS TO WATCH:\
๐ง \No Trade Zone:\ 56,531 โ 56,735
๐ฅ \Last Intraday Resistance:\ 57,046
๐บ \Profit Booking Resistance:\ 57,296
๐ฉ \Opening Support:\ 56,356
๐ฆ \Buyers Support Zone:\ 56,084 โ 56,027
๐ฅ \Breakdown Support:\ 55,514
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\๐ฏ SUMMARY โ GAME PLAN FOR THE DAY:\
โข ๐ผ \Bullish Above:\ 56,735 โ Watch 57,046
โข โธ๏ธ \Avoid Inside Zone:\ 56,531 โ 56,735
โข ๐ฝ \Bearish Below:\ 56,356 โ Target Buyerโs Zone
โข โ ๏ธ \Breakdown Below:\ 56,027 = Trend Reversal Risk
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\โ ๏ธ DISCLAIMER:\
I am not a SEBI-registered advisor. This content is purely for educational purposes. Please consult a qualified financial advisor before acting on any trades. Use strict stop-loss and trade management techniques at all times.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
