NIFTY : Trading levels and plan for 18-Jun-2025

📊 NIFTY TRADING PLAN – 19-June-2025
📍 Previous Close: 24,798.75 | 🕒 Timeframe: 15-min
📏 Gap Threshold Considered: 100+ points for classification

1. 🔼 GAP-UP OPENING (Above 24,964):
   If NIFTY opens above 24,964, it breaks out of the "No Trade Zone" (24,710–24,864) and suggests bullish momentum toward upper resistances.
   
   ✅ Plan of Action:
   • Wait for price to sustain above 25,054 (Last Intraday Resistance).
   • If 15-min candle closes strong above 25,054 with volume, initiate long trades toward the Profit Booking Zone: 25,160 – 25,204.
   • Stop-loss: Below 25,000 (15-min candle close basis).
   • If prices face rejection at 25,054 or near 25,160 zone, look for short trades for a pullback toward 24,864.
   
   📘 Tip: On gap-up days, avoid chasing the open blindly. Let the first 15–30 minutes define control – buyers vs sellers.
   
          
   
   
2. ⚖️ FLAT OPENING (Between 24,710 – 24,864):
   Opening within the No Trade Zone signifies indecision. This zone needs a breakout for directional trades.
   
   ✅ Plan of Action:
   • Avoid any aggressive trade within 24,710 – 24,864.
   • If price breaks and sustains above 24,864, initiate long trade toward 25,054, with SL below 24,820.
   • If price breaks down below 24,710, initiate short trade toward 24,627, SL above 24,750.
   • Watch for wick traps — ensure breakout happens with solid volume candle, not just one spike.
   
   📘 Tip: In no-trade zones, your capital is safest when you wait. Let price exit the confusion before entering.
   
          
   
   
3. 🔽 GAP-DOWN OPENING (Below 24,610):
   If NIFTY opens below 24,710 by over 100 points, it’s a gap-down near the Last Intraday Support at 24,627, which brings weakness into play.
   
   ✅ Plan of Action:
   • If price breaks and sustains below 24,627, short trades can be taken toward 24,453 (next major support).
   • SL for short trades above 24,680.
   • If sharp buying emerges from 24,453 – 24,500 zone, look for reversal long trades back toward 24,710.
   • Confirm with reversal candles like hammer/morning star on 15-min chart.
   
   📘 Tip:Buyer’s Support zones are best for risk-reward long trades, but confirmation is key — don’t knife-catch.
   
          
   
   🛡 OPTIONS TRADING – RISK MANAGEMENT TIPS:
   
   ✅ 1. Use Spread Strategies: Vertical spreads (Bull Call/Bear Put) help limit losses on volatile days.
   ✅ 2. Don’t Enter in the First 5-min Candle: Especially on gap-up/down days, let the initial volatility settle.
   ✅ 3. Track IV (Implied Volatility): High IV days can erode premiums fast post breakout — consider theta decay risk.
   ✅ 4. Set SL Based on 15-min Candle Close: Avoid panic exits due to wicks or noise.
   ✅ 5. Book 50% Profits Early: If your trade moves 50–70% in favor, partial exit helps lock-in gains.
   
   📌 SUMMARY – KEY LEVELS TO WATCH:
   
   🟩 Support Zones:
   • Opening Support / Resistance: 24,710
   • Last Intraday Support: 24,627
   • Strong Buyer’s Support: 24,453
   
   🟥 Resistance Zones:
   • Opening Resistance: 24,864
   • Last Intraday Resistance: 25,054
   • Profit Booking Area: 25,160 – 25,204
   
   ⚔️ Battle Zone (No Trade): 24,710 – 24,864
   📈 Trend Decision Zones:
   • Above 24,864 → Bullish toward 25,160+
   • Below 24,710 → Bearish toward 24,453
   
   📢 DISCLAIMER: I am not a SEBI-registered analyst. This plan is prepared purely for educational purposes. Please consult your financial advisor before making any trading or investment decision.