Nifty 50
Different Trading scenarios for 09/04/2025
Meaning "Long Trade" = Market expected to move up
Meaning "Short Trade" = Market expected to move down
Meaning "PDH" = Previous day High
Meaning "PDL" = Previous day Low
The blow mentioned scenarios are valid only if the scenario is played out in longer time frame such as 15mins and above and is considered too risky to trade on shorter time frame such as 5mins.
The recommended trade decision time after the markets open for Novice traders is atleast 45mins to 125mins.
Scenario-1 (For long trade):
Market opens with gap up
sustains above PDH
Sustains above previous resistance 23,835
Stop loss = PDH
Scenario-2 (For long trade):
Market opens flat
sustains above previous session closing price = 22,550
Target = Major resistance 23,835 (The level from which huge gap down occurred)
Stop loss = 22,500
Scenario-3 (For long trade):
Market opens gap down
sustains above PDL closing price = 22,250
1st Target = 22,250 (needs to be crossed by a strong candle for further upward movement)
2nd target = 22,835 (Major resistance)
Stop loss = PDL (22,250)
Scenario-4 (For long trade):
Market opens with big gap down
sustains above "The Low of 07/04/2025 = 21,780
Target = 22,250 (This level is the breaking point between previous 2 sessions)
Stop loss = 21,780
Scenario-1 (For Short trade):
Market opens with gap up @ 23,835 (The level from which huge gap down occurred)
sustains below 23,835
Breaks PDH = 22,700
1st Target = 22,550 (closing of the previous session)
2nd Target = 22,550 (The breaking point between the previous 2 sessions)
Stop loss = 23,835
Scenario-2 (For Short trade):
Market opens flat @ 22,550
sustains below = 22,500 (closing of the previous session)
1st Target = 22,250 (PDL)
2nd Target = 21,800 (If The breaking point between the previous 2 sessions 22,250 is broken)
Stop loss = 21,600
Scenario-3 (For Short trade):
Market opens with gap down
sustains below = 22,300
Breaks PDL = 22,250 (The breaking point between the previous 2 sessions)
Target = 21,800 (Strong support area)
Stop loss = 22,300
Secario-4 (For short trade)
If the market opens around 21,800 and if this price broken down, then the market can have a free fall and will be a perfect short trade
Regards,
Uday
Disclaimer: I am not a SEBI registered analyst. The above information is only for educational purpose based on my years of experience. Please consult a financial advisor before investing.
Different Trading scenarios for 09/04/2025
Meaning "Long Trade" = Market expected to move up
Meaning "Short Trade" = Market expected to move down
Meaning "PDH" = Previous day High
Meaning "PDL" = Previous day Low
The blow mentioned scenarios are valid only if the scenario is played out in longer time frame such as 15mins and above and is considered too risky to trade on shorter time frame such as 5mins.
The recommended trade decision time after the markets open for Novice traders is atleast 45mins to 125mins.
Scenario-1 (For long trade):
Market opens with gap up
sustains above PDH
Sustains above previous resistance 23,835
Stop loss = PDH
Scenario-2 (For long trade):
Market opens flat
sustains above previous session closing price = 22,550
Target = Major resistance 23,835 (The level from which huge gap down occurred)
Stop loss = 22,500
Scenario-3 (For long trade):
Market opens gap down
sustains above PDL closing price = 22,250
1st Target = 22,250 (needs to be crossed by a strong candle for further upward movement)
2nd target = 22,835 (Major resistance)
Stop loss = PDL (22,250)
Scenario-4 (For long trade):
Market opens with big gap down
sustains above "The Low of 07/04/2025 = 21,780
Target = 22,250 (This level is the breaking point between previous 2 sessions)
Stop loss = 21,780
Scenario-1 (For Short trade):
Market opens with gap up @ 23,835 (The level from which huge gap down occurred)
sustains below 23,835
Breaks PDH = 22,700
1st Target = 22,550 (closing of the previous session)
2nd Target = 22,550 (The breaking point between the previous 2 sessions)
Stop loss = 23,835
Scenario-2 (For Short trade):
Market opens flat @ 22,550
sustains below = 22,500 (closing of the previous session)
1st Target = 22,250 (PDL)
2nd Target = 21,800 (If The breaking point between the previous 2 sessions 22,250 is broken)
Stop loss = 21,600
Scenario-3 (For Short trade):
Market opens with gap down
sustains below = 22,300
Breaks PDL = 22,250 (The breaking point between the previous 2 sessions)
Target = 21,800 (Strong support area)
Stop loss = 22,300
Secario-4 (For short trade)
If the market opens around 21,800 and if this price broken down, then the market can have a free fall and will be a perfect short trade
Regards,
Uday
Disclaimer: I am not a SEBI registered analyst. The above information is only for educational purpose based on my years of experience. Please consult a financial advisor before investing.
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.