Nifty 50 IndexUpdated

Nifty June Iron Condor Strategy–Range is Back Premiums are Juicy

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Hello Traders!
Here’s a plan for calm minds who want to generate passive monthly income by leveraging the power of non-directional option selling. Based on the current Nifty structure and OI data, I’ve spotted a new range-bound opportunity — perfect for executing a safe, hedged Iron Condor setup.

Why This Strategy Now? (Based on Chart Analysis)

  • Resistance Zone: 25400-25500 (Heavy supply, multiple rejection visible)

  • Support Zone: 23400-23500 (Major bounce levels, strong OI support)

  • Nifty is currently trading near 24500, well inside this range — perfect for deploying a neutral premium-selling setup.


Strategy Setup (Iron Condor – 26 June 2025 Monthly Expiry)

  • Sell 25400 CE @ ₹123
    (to protect upside move rejection)

  • Buy 25800 CE @ ₹56
    (risk protection on breakout)

  • Sell 23650 PE @ ₹99
    (to protect downside move rejection)

  • Buy 23200 PE @ ₹51.4
    (risk protection on breakdown)


Strategy Highlights
(Screenshot – snapshot )

Why This Works? (OI Logic + Technical View)

  • Strong resistance visible at 25400–25500 zone with rising CE OI

  • Solid put writing zone at 23400–23500 — confirms downside support

  • Volatility is stable, time decay is in our favor — perfect for Iron Condor writers


Risk Management & Exit Plans

  • Exit early if either side breaks with volume

  • Don’t hold till expiry — aim to exit around 70–80% max profit

  • Always keep SL alert at breakdown range breaches


Rahul’s Tip
"Option writing is not for thrill, it’s for discipline. Iron Condor is a weapon when range is visible — use it like a sniper, not like a gambler."

Conclusion
If your view is Nifty likely to stay between 23400–25400 for the next few weeks, this Iron Condor setup offers high-quality time-based potential. Use proper lot sizing and risk control — let the theta do the work for you!

Have you ever deployed an Iron Condor on Nifty? What was your experience? Drop your thoughts in the comments!

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Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
Trade active
snapshot

Our positions are doing good, We have got 50% of profits within few days. Nifty still in the range what we expected while taking this trade. Keep running the profits.
Trade closed: target reached
snapshot

Our position is on track. We have seen 12,668 Rs. of profit already, which is 5.5% returns on margin. It’s in the range we were expecting while taking this trade, keeping the risk-to-reward intact.

I am suggesting to book till tomorrow afternoon max as it is already giving good profits. Or hold with proper breakeven points. Thanks. I will update one more time before or near to expiry. Stay tuned for next month setup.

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