NIFTY : Trading levels and Plan for 28-May-2025

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📘 NIFTY TRADING PLAN – 28 MAY 2025
🕰 Based on 15-min price structure & support/resistance zones
📍 Gap opening considered when price opens 100+ points above or below the previous close (24,837)

  1. 🔼 GAP-UP Opening (Above 24,937 – 100+ points):

    If Nifty opens above 24,937+, it enters the zone between Last Intraday Resistance (25,000) and moves toward the Profit Booking Zone (25,285 – 25,347).

    Plan of Action:
    • Avoid aggressive entries in the first 15–30 minutes. Let price action settle and confirm sustainability.
    • A 15-min candle close above 25,165 with strong volume may signal a breakout toward the Profit Booking Zone at 25,285–25,347.
    • Pullbacks near 25,000–25,165 acting as a new support can offer good CE entries for continuation.
    • However, if Nifty shows reversal signs (bearish engulfing or shooting star) near the Profit Booking Zone, traders may consider light PE positions for a possible retracement.

    🧠 Educational Insight: Gap-ups into major resistance should never be chased blindly. Let the market confirm whether bulls have the strength to sustain or not.

  2. ⚖️ FLAT Opening (Between 24,701 – 24,937):

    This zone is where Nifty opens near the Opening Resistance (24,837–24,861) or Opening Support Zone (24,666–24,701).

    Plan of Action:
    • Mark this range as the NO TRADE ZONE initially. Wait for a breakout above 24,937 or breakdown below 24,666 before taking directional trades.
    • If Nifty sustains above 24,861 with strong green candles, you may initiate CE positions with targets of 25,000 – 25,165.
    • A breakdown below 24,666 with rejection at retest opens PE opportunities toward 24,594 and lower.
    • If the market stays sideways between 24,701–24,861, stay on the sidelines. Avoid theta decay traps in options.

    🧠 Educational Insight: In sideways zones, wait for price confirmation instead of anticipation. Let price break levels and retest for high-probability trades.

  3. 🔽 GAP-DOWN Opening (Below 24,737 – 100+ points):

    In this case, Nifty opens below Opening Support Zone (24,666–24,701) or even the Last Intraday Support (24,594).

    Plan of Action:
    • If price finds support near 24,594 and shows bullish reversal signs (hammer, bullish engulfing), a bounce toward 24,701+ is possible.
    • Breakdown and a 15-min close below 24,594 will likely take Nifty toward the Buyer’s Important Support Zone (24,326 – 24,391).
    • Use PE options if 24,594 breaks decisively and price fails to reclaim it on a retest.
    • For aggressive traders, any retest of 24,666–24,701 acting as resistance can provide a PE entry with tight SL.

    🧠 Educational Insight: Gap-downs into support zones often trap sellers if support holds. Watch for exhaustion or follow-through before deciding direction.

    🛡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS:
    📌 Use 15-min candle close SL to avoid emotional exits.
    📌 Avoid overtrading. Stick to 1–2 high-quality trades only.
    📌 Avoid buying options right after the open – let premiums stabilize.
    📌 Always calculate Risk:Reward Ratio before placing a trade.
    📌 Don’t trade inside the noise zone (24,701–24,861); wait for levels to be breached.
    📌 Use spreads (Bull Call / Bear Put) if volatility is high.

    📊 SUMMARY & CONCLUSION:
    • 🔼 Bullish Breakout Zone: Above 25,165 → Target: 25,285 / 25,347
    • 🔽 Bearish Breakdown Zone: Below 24,594 → Target: 24,391 / 24,326
    • 🟧 No Trade Zone: 24,701 – 24,861
    • 🟩 Opening Support Zone: 24,666 – 24,701
    • 🟥 Profit Booking Resistance Zone: 25,285 – 25,347

    📌 Wait for price structure to confirm direction. Use patience and discipline – not emotions. Great setups reward prepared traders.

    📢 DISCLAIMER: I am not a SEBI-registered analyst. This trading plan is purely for educational purposes. Please consult your financial advisor before taking any investment decisions. Trade wisely and protect your capital. 💼📈📉

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