NIFTY : Trading levels and plan for 11-Sep-2025

NIFTY TRADING PLAN – 11-Sep-2025

📈 Current Spot: 24,977
🔑 Key Levels:

Opening Resistance: 25,022 – 25,049

Last Opening Resistance: 25,174

Major Resistance: 25,247

Opening Support: 24,927

Last Intraday Support: 24,860

Major Support: 24,778

🔹 Scenario 1: Gap-Up Opening (100+ Points above 25,077)

1. [] If Nifty opens above 25,077, it directly enters near the resistance zone 25,022 – 25,049. Early buying pressure may push prices toward 25,174.
   [] If momentum sustains above 25,174, a rally towards 25,247 can be expected, which will act as a strong profit-booking zone.
   
2. However, if the index fails to sustain above the opening resistance and slips below 25,049, we may see consolidation or a pullback toward 24,977 – 24,927.
   

📌 Educational Insight: Gap-ups near resistance often invite profit booking. Traders must confirm sustainability with at least a 15-minute candle close before entering long positions.

🚨 Risk Tip: Avoid chasing calls after a big gap-up; instead, look for retracements near support zones for better risk-reward.

🔹 Scenario 2: Flat Opening (Around 24,950 – 25,050)

1. [] If Nifty opens flat within 24,950 – 25,050, the focus should be on the Opening Resistance (25,022–25,049) and Opening Support (24,927).
   [] A breakout above 25,049 can push prices toward 25,174, while a breakdown below 24,927 can drag the index toward 24,860.
   
2. If the market trades sideways within 24,927 – 25,049, intraday traders may prefer quick scalps with strict stop-losses.
   

📌 Educational Insight: Flat openings provide clarity on whether buyers or sellers dominate. Wait for a clear breakout/breakdown to avoid getting trapped in false moves.

🚨 Risk Tip: In a flat open, premiums in options decay faster. Stick to ATM/ITM options with strict SLs to protect capital.

🔹 Scenario 3: Gap-Down Opening (100+ Points below 24,877)

1. [] A gap-down below 24,877 will bring immediate focus on the key support zones 24,860 and 24,778.
   [] Sustaining below 24,860 increases the probability of further weakness toward 24,778, where buyers may attempt a rebound.
   
2. If the index defends 24,860 – 24,778, a sharp short-covering rally toward 24,927 – 24,977 may unfold.
   

📌 Educational Insight: Gap-downs near strong supports often create oversold conditions, leading to short-covering bounces. Confirmation is essential before entering trades.

🚨 Risk Tip: Avoid aggressive put buying after a gap-down; instead, consider spreads (Bear Put Spread) to reduce time decay risk.

📝 Summary & Conclusion

Bullish above: 25,049 → Targets: 25,174 / 25,247

Neutral Zone: 24,927 – 25,049 (sideways chop likely)

Bearish below: 24,860 → Next support: 24,778

📌 Focus on price action around Opening Resistance (25,022–25,049) and Opening Support (24,927) for directional trades.

💡 Options Tip: Always keep a hedge or reduce position size before major resistance/support to avoid sudden reversals.

⚠️ Disclaimer: I am not a SEBI-registered analyst. This trading plan is shared purely for educational purposes. Please do your own analysis or consult your financial advisor before taking any trading decision.