Nifty Trading Strategy for 07th August 2025

📊 NIFTY INTRADAY STRATEGY (INDEX FUTURES / OPTIONS)
Timeframe Focus: 15-Minute (M15) Candle

📈 BUY STRATEGY (Long Position)
1️⃣ Condition to Enter Buy:
Wait for a 15-minute candle to close above 24,735.
After the candle closes, check if the next candle breaks above its high.
Enter Buy above the high of that confirmed breakout candle.
2️⃣ Profit Targets:
🎯 Target 1: 24,770 – First profit booking / partial exit
🎯 Target 2: 24,800 – Second profit booking / trail stop loss
🎯 Target 3: 24,830 – Final target for the bullish move
3️⃣ Stop Loss (Risk Control):
Place SL below the low of the 15-minute breakout candle.
Shift SL to cost price once Target 1 is achieved.

📉 SELL STRATEGY (Short Position)
1️⃣ Condition to Enter Sell:
Wait for a 15-minute candle to close below 24,535.
After the candle closes, check if the next candle breaks below its low.
Enter Sell below the low of that confirmed breakdown candle.
2️⃣ Profit Targets:
🎯 Target 1: 24,501 – First profit booking / partial exit
🎯 Target 2: 24,467 – Second profit booking / trail stop loss
🎯 Target 3: 24,437 – Final target for the bearish move
3️⃣ Stop Loss (Risk Control):
Place SL above the high of the 15-minute breakdown candle.
Move SL to cost price after Target 1 is achieved.

📌 Risk Management & Tips:
Never risk more than 1–2% of your total capital per trade.
Follow the confirmation candle close rule to avoid false breakouts.
Always trail your stop loss to protect profits.
Avoid trading during major news events or opening volatility.

⚠️ Disclaimer:
I am not a SEBI-registered analyst. This is purely for educational and informational purposes only and should not be considered as financial advice. Stock market trading and investing involve high risk. Please do your own research or consult with a SEBI-registered financial advisor before taking any trades.