NIFTY : Trading Levels and Plan for 07-May-2025📆 NIFTY 15-Min Trading Plan for 7-May-2025
(Structure-Oriented | 100+ Point Gap Consideration | For Educational Purpose Only)
📍 Previous Close: 24,335.90
📌 Important Levels to Watch:
🟧 Opening Resistance: 24,434
🟥 Last Intraday Resistance: 24,534
🟢 Opening Support: 24,132 – 24,184
🟩 Last Intraday Support: 24,033
🔴 Profit Booking Zone: 24,806
🟩 Scenario 1: Gap-Up Opening (Above 24,434) 🚀
A gap-up opening above 24,434 indicates bullish strength as it breaches the Opening Resistance .
If the index sustains above 24,434 for the first 15–30 mins, there's a high probability of continuation toward 24,534 (Last Intraday Resistance) .
A breakout above 24,534 with a strong 15-min candle may trigger a rally toward the Profit Booking Level near 24,806 .
Be cautious if the price hits 24,534 quickly at open—it may reverse from this level. Wait for rejection candles (e.g., long wicks or bearish engulfing) before taking short trades.
If price opens above 24,434 but falls back below it, it could signal a false breakout . This might bring the index back inside the previous range.
📚 Educational Insight: Gap-ups directly into resistance zones require confirmation. Never chase the open blindly—observe structure, momentum, and volume before initiating trades.
⚖️ Scenario 2: Flat Opening (Between 24,300 – 24,434) ⏸️
A flat open in this range implies a neutral stance. Avoid rushing into trades during the first 15 minutes.
If the price breaks and sustains above 24,434 , it could test 24,534 and beyond. Wait for a clear candle close above 24,434 before initiating a long.
If price fails to breach 24,434 and starts forming lower highs, bearish momentum may drag the index toward 24,184–24,132 Support Zone .
Watch this support area closely—if price forms a reversal pattern like a hammer, morning star, or bullish engulfing, long trades can be considered with a stop below 24,132.
No trade is better than a bad trade inside a consolidation zone. Wait for structure to build.
📚 Educational Insight: Flat openings are indecisive. Be a sniper, not a machine gun—wait patiently for range breakouts or breakdowns before deploying your capital.
🟥 Scenario 3: Gap-Down Opening (Below 24,184) 📉
A gap-down below the Opening Support Zone (24,132–24,184) shows weakness. Watch how the price behaves in this zone.
If Nifty holds above 24,132 and shows a bullish reversal pattern, a long trade can be attempted targeting a re-test of 24,300–24,434 zone.
However, if 24,132 is breached and the index sustains below it, it opens the gates for a deeper correction toward the Last Intraday Support at 24,033 .
A decisive breakdown below 24,033 can accelerate selling, especially if supported by volume and broader market weakness.
Avoid catching falling knives—wait for signs of reversal before going long in falling markets.
📚 Educational Insight: Gap-downs often trigger panic—but also provide the best risk-reward setups at support zones if price reacts positively. Let the candles speak before you act.
🛡️ Options Trading Risk Management Tips 🧠
⏰ Avoid trading options in the first 15 minutes —premiums are inflated and prone to quick decay or reversal.
💡 Use ATM or ITM strikes for directional trades; they offer better delta and require smaller moves to gain.
🔐 Consider using spreads (Bull Call / Bear Put) to reduce cost and cap risk.
✋ Don’t average losing trades. Define a stop-loss either on the premium (20–30%) or index level.
📓 Maintain a trade journal—it improves discipline and helps refine your setups.
🔢 Risk only 1–2% of total capital per trade. Avoid revenge trading after a loss.
🧘♂️ Be emotionally detached. Don’t treat the market like a casino—stick to a rule-based system.
📌 Summary & Conclusion:
✅ Gap-Up Above 24,434: Watch for bullish continuation toward 24,534–24,806. Confirm breakout with structure.
✅ Flat Opening (24,300–24,434): Be patient; wait for range breakout or breakdown to develop a clean setup.
✅ Gap-Down Below 24,184: Keep eyes on 24,132 and 24,033 for support. Strong bounce or breakdown will guide direction.
🎯 Focus on key zones, be structure-oriented, and never compromise on risk management. Let price action dictate your entries and exits.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. The above trading plan is purely for educational purposes. Always consult with your financial advisor before making any investment or trading decisions.
Niftylevels
Nifty projected target could be near 30,500.Nifty is currently trading at 24,346. After breaking out above the 23,800 level, it has been consolidating within a range over the past few days. If you’ve already bought Nifty, here’s a key suggestion: there may be a slight correction ahead, with potential support around the 23,800 level. From there, the next target appears to be around 25,500. If Nifty manages to break above 26,277 and successfully retests that level as support, the next projected target could be near 30,500.
$NSE:NIFTY - Analysis For Tomorrow!🚨 Nifty 50 Breakout Incoming? | Symmetrical Triangle on 15-min Chart.
NSE:NIFTY is consolidating within a symmetrical triangle pattern on the 15-minute chart — a classic setup that often leads to a strong breakout or breakdown.
📊 Chart Setup:
Pattern: Symmetrical Triangle (Neutral)
Price Action: Compressing between rising support & falling resistance
View : Price nearing the tip — breakout imminent
✅ Bullish Scenario:
Breakout above 24,541
Targets: 24,666 → 24,737
✅ Watch for volume confirmation and follow-through candles
❌ Bearish Scenario:
Breakdown below 24,383
Targets: 24,186 → 24,041
❗ Confirm with a breakdown candle + failed retest
🔑 Key Support & Resistance:
Resistance: 24,541 | 24,666 | 24,737
Support: 24,383 | 24,186 | 24,041
📌 Note: Symmetrical triangles are neutral patterns. Wait for a confirmed breakout/breakdown with strong volume before entering a trade.
NIFTY : Trading Levels and Plan for 06-May-2025📅 NIFTY 15-Min Trading Plan for 6-May-2025
(Gap Opening Consideration: 100+ Points | Structure-Oriented Plan | For Educational Purpose Only)
📍 Previous Close: 24,459.50
📌 Important Levels to Watch:
🟧 No Trade Zone: 24,413 – 24,514
🟨 Crucial Resistance: 24,546
🟥 Last Resistance Zone for Intraday: 24,770 – 24,803
🟩 Important Buyer's Support: 24,151 – 24,186
🔻 Strong Breakdown Level: Below 24,151
🟩 Scenario 1: Gap-Up Opening (Above 24,546) 🚀
If Nifty opens with a gap-up above 24,546, it would mean the market has bypassed the No Trade Zone and broken out of immediate resistance.
Observe the first 15 minutes. If the price holds above 24,546, we could see a continuation move toward 24,770 – 24,803, which is the Last Resistance Zone for Intraday .
This zone may invite profit booking or supply pressure. If price reaches here too fast and starts rejecting (long upper wicks or bearish engulfing candles), consider booking longs or trailing your stop-loss.
Only a strong 15-min candle close above 24,803 can open gates for a rally toward 24,865 and beyond—though chances are slim unless macro triggers support it.
If price fails to sustain above 24,546 and slips back below it, expect a drop back into the No Trade Zone. Be cautious of false breakouts and whipsaws.
📚 Educational Insight: A gap-up directly into or above resistance needs volume and confirmation to sustain. Patience during the first 15-min bar is essential to avoid being trapped in fake momentum.
🟨 Scenario 2: Flat Opening (Within 24,413 – 24,514) ⚖️
A flat open in this zone means the market is indecisive and in a No Trade Zone . Avoid taking fresh positions unless the price gives a clear breakout or breakdown.
For bullish continuation, price must break and sustain above 24,546 with strong 15-min candle body and volume. Entry above 24,546 with SL below 24,500 may offer 1:2 RR toward 24,770+.
If price breaks down below 24,413, momentum may build on the downside and attract sellers, especially if broader indices turn weak.
A breakdown from this zone can push the price toward the Buyer's Support Zone at 24,151 – 24,186. Watch for bounce signals (e.g., hammer or bullish engulfing) in this area.
If price keeps consolidating between 24,413–24,514, stay out of the market—this is a chop zone. Wait for structure confirmation.
📚 Educational Insight: No Trade Zones are like neutral battlegrounds—wait for one side (bulls/bears) to clearly dominate before committing capital.
🟥 Scenario 3: Gap-Down Opening (Below 24,413) 📉
A gap-down below 24,413 can trigger early selling and bring the index toward the next key demand zone of 24,151 – 24,186.
This Buyer's Support Zone is crucial—look for strong bullish reversal candles in this area to go long with defined stop loss below 24,151.
If this zone fails to hold, and price sustains below 24,151, expect fresh downside selling with increased momentum.
Avoid shorting aggressively into support—wait for retest and rejection before building bearish positions.
Reversals from support zones often provide the best intraday buying opportunities if supported by structure and volume.
📚 Educational Insight: Strong supports can reverse price swiftly. It's better to wait for price to react at these levels before deciding on your position. Don’t chase fear-based trades.
🛡️ Risk Management Tips for Options Traders 📉📈
Avoid trading options within the first 5–15 minutes ; premiums are inflated and often trap traders in wrong momentum.
Focus on structure-based trades rather than emotions. Confirm breakout or breakdown with volume and candle body.
Define your maximum loss per trade (1–2% of capital) and respect it.
Prefer ATM/ITM options for directional trades and use hedged positions (spreads) in volatile sessions.
Always use stop-loss on premium or index level basis , and don’t average into losing trades.
Maintain a trade journal to track your psychology, setups, and performance over time.
📌 Summary & Conclusion:
✅ Gap-Up Above 24,546: Watch for sustained move toward 24,770–24,803. Be alert for resistance at those highs.
✅ Flat Opening in 24,413–24,514: Stay away unless a breakout or breakdown occurs. Wait for structure confirmation.
✅ Gap-Down Below 24,413: Watch for support action at 24,151–24,186 zone. Possible low-risk buying opportunity if reversal confirms.
🎯 Focus on structure, not speculation. Let the chart guide you—not emotions. Manage risk like a pro and avoid overtrading.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. The above content is for educational purposes only. Please consult with your financial advisor before making any trading or investment decisions.
Nifty tgt 30000 market on fire modeNifty is currently trading at 24,445. It is expected to first approach the 24,800 level. A minor correction may occur at that point. However, if Nifty subsequently breaks above the 26,000 level, there is a strong likelihood that it could advance toward the 30,000 mark.
NIFTY : Trading Levels and Plan for 02-May-2025📊 NIFTY 15-Min Trading Plan for 2-May-2025
(Chart-Based | Gap Opening = 100+ Points)
📍 Previous Close: 24,243.45
📌 Key Chart Zones & Levels:
🔴 Last Intraday Resistance: 24,546
🟥 Opening Resistance Zone: 24,430 – 24,374
🟩 Opening Support/Resistance Zone: 24,209 – 24,190
🟢 Buyer's Support Zone: 24,028 – 23,975
🔻 Extreme Downside Support: 23,774
🟥 Scenario 1: Gap-Up Opening (Above 24,430) 🚀
If Nifty opens above 24,430 , we are opening directly into the resistance supply zone . Avoid blind longs here as sellers may initially step in.
A sustainable bullish structure above 24,430 with follow-through candles and volume is a must for any breakout trade toward 24,546 (Last Intraday Resistance).
If price rejects the zone and slips back under 24,374, expect a pullback toward 24,330–24,243 zone.
For upside targets beyond 24,546, strong momentum must be visible. Only then can traders look for 24,767 as an extension level.
If the gap-up fades quickly and dips below 24,374, this is a warning for potential "gap fade" sell-off.
📚 Educational Insight: Gaps into resistance need extra caution. Early buyers often get trapped. Let the structure form before committing to trades.
🟨 Scenario 2: Flat Opening (Between 24,209 – 24,430) ⚖️
A flat open puts Nifty inside the consolidation or decision zone . Expect both buyers and sellers to remain active here.
Avoid early trades in the first 15–30 minutes. Let price test the upper resistance (24,430) or lower support (24,209).
If Nifty breaks and sustains above 24,430, trend may attempt to reach 24,546 and possibly 24,767.
If Nifty dips below 24,209, a quick move toward 24,028 – 23,975 zone is possible. Look for bullish reversal candles here before buying.
Range-bound price action likely unless breakout or breakdown triggers with strength. Stay reactive, not predictive.
📚 Educational Insight: Neutral opens often give the best trade setups—but only after price reacts to zone boundaries. Wait for confirmation.
🟩 Scenario 3: Gap-Down Opening (Below 24,209) 📉
A gap-down below 24,209 brings immediate attention to 24,028 – 23,975, a critical Buyer's Support Zone .
If price shows reversal patterns (bullish engulfing, hammer) near this zone with good volume, long entries with stops below 23,975 are favorable.
Failing to hold 23,975 will open gates to a deeper fall toward 23,774, the next visual support.
Avoid aggressive long trades just because prices are lower—structure matters more than location.
Breakdown below 23,975 with strong bearish candles can trigger fresh short trades targeting 23,774 or even lower zones.
📚 Educational Insight: Gaps into demand zones offer great risk-reward, but only if supported by price confirmation. Avoid catching falling knives without structure.
🛡️ Options Risk Management Tips for Intraday Traders 🧠
Never trade naked options blindly in high IV zones. Use spreads (like bull call or bear put) for defined risk setups.
Don’t jump into trades in the first 5–10 minutes—option premiums are inflated. Let them settle.
Always trade with a defined stop loss . Avoid averaging losses.
Keep daily loss limits (e.g., 2% of capital) and walk away once hit. Discipline is key.
Avoid overleveraging OTM options; go ITM for directional conviction or use hedge legs.
Know when NOT to trade—sideways and indecisive markets destroy premium buyers.
Don’t convert intraday trades into swings emotionally. Stick to your plan.
📌 Summary & Conclusion 📝
✅ Gap-Up Opening: Watch 24,430–24,546 zone for reversal or breakout confirmation. Avoid aggressive longs without strength.
✅ Flat Opening: Neutral zone. Best setups may form after breakout/breakdown. Wait for edge-based reactions.
✅ Gap-Down Opening: Focus on 24,028–23,975 demand zone for reversal. Fresh shorts only below 23,975.
🎯 Trade with structure, confirmation, and risk control . Let price come to your plan—don’t chase emotions.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is intended solely for educational purposes. Please consult a certified financial advisor before making any trading or investment decisions.
NIFTY : Trading levels and Plan for 30-Apr-2025📈 NIFTY 15-Min Trading Plan for 30-Apr-2025 📈
(Chart-Based | Gap Opening Defined as 100+ Points)
📍 Previous Close: 24,325.45
📌 Key Zones & Levels on Chart:
🔴 Last Intraday Resistance: 24,506
🟧 Opening Resistance: 24,433
🔵 CMP Reference Zone: 24,342.32
🟩 Important Support: 24,206
🔽 Last Support for Intraday: 24,106
🟢 Buyer's Support Zone: 23,950 – 24,050
🟥 Scenario 1: Gap-Up Opening (Above 24,433)
If Nifty opens above 24,433 , it indicates bullish sentiment and price will open near or above the Opening Resistance level.
Watch for price consolidation or bullish structure above 24,433 —this signals strong buyer conviction.
Sustained price action above 24,433 may push Nifty toward 24,506, which is the Last Intraday Resistance .
If momentum continues with volume, the upside extension is possible towards 24,767, the next visible resistance.
On the flip side, a rejection from 24,506** or false breakout above 24,433 may invite selling pressure back into 24,342–24,300 range. Avoid aggressive longs if price gets trapped above resistance zones.
📚 Educational Note: In a gap-up scenario, avoid buying immediately at open. Wait for retracement or consolidation for a better risk/reward entry.
🟨 Scenario 2: Flat Opening (Between 24,206 – 24,433)
A flat opening between 24,206–24,433 places Nifty within a neutral or decision zone.
It’s wise to avoid trades in the first 15–30 minutes and let a clear trend develop.
If price breaks above 24,433 with bullish candles and volume, it confirms strength, and can be bought into, targeting 24,506 – 24,767.
However, a breakdown below 24,206 will push Nifty toward 24,106, where the Last Support for Intraday is located.
Price reactions near these edges offer directional trades, but center-zone trades can lead to whipsaws.
📚 Educational Note: Neutral zone opens often lead to rangebound setups—it's better to wait for range breakouts or rejections at extremes.
🟩 Scenario 3: Gap-Down Opening (Below 24,206)
A gap-down below 24,206 suggests bearish momentum. Watch for early reactions at 24,106, the Last Support for Intraday .
If this level fails to hold, expect prices to test the Buyer’s Support Zone between 23,950–24,050 .
A reversal trade can be taken from this demand zone only if bullish candles (e.g., hammer or bullish engulfing) appear , along with rising volume.
However, if selling continues below 23,950, it could lead to further downside panic and breakdown structure.
Avoid knife-catching unless a solid reversal structure forms. Shorts can be re-entered on pullbacks to 24,106 after breakdown.
📚 Educational Note: Bearish gap-downs can give strong follow-through moves but can also trap sellers if reversal zones hold firm. Wait for confirmation.
🛡️ Options Risk Management Tips for Intraday Traders 🧠
Always trade with a defined stop-loss —preferably based on candle structure or volatility-based levels.
Don’t overtrade. 2–3 quality trades per day are better than chasing every move.
In high IV environments, prefer spreads (Bull Call / Bear Put) over naked options to reduce premium decay.
Use deep OTM options only for directional plays when momentum is strong and in your favor.
Avoid entering options trades in the first 5–10 minutes of the day—premiums are inflated due to uncertainty.
Always have a capital allocation strategy ; avoid putting more than 2% of capital in any single high-risk intraday options trade.
Don’t emotionally convert intraday trades into swing positions. Have a plan before the market opens.
📌 Summary & Conclusion 🎯
✅ Gap-Up Opening: Focus on 24,433 breakout. Above 24,506, trend may extend. But watch for false breakouts.
✅ Flat Opening: Avoid trading inside 24,206–24,433. Wait for breakout from the range.
✅ Gap-Down Opening: Focus on 24,106 support. Breakdown may bring 23,950–24,050 zone in play. Avoid longs without confirmation.
🧘♂️ Trade with patience and let the market give you setups—don’t rush into trades based on emotions. Structure, confirmation, and discipline are key.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is shared purely for educational purposes. Please consult a certified financial advisor before making any trading decisions.
NIFTY : Trading levels and plan for 29-Apr-2025📈 NIFTY 15-Min Plan for 29-Apr-2025 📈
(Chart-Based Educational View | Gap Opening >100 Points Considered)
➖➖➖➖➖➖➖➖
🔵 Previous Close: 24,312.90
⚡ Key Reference Levels:
🔴 Opening Resistance: 24,417 – 24,433
🟧 Opening Support/Resistance: 24,254
🟩 Last Intraday Support: 24,071 – 24,106
🟢 Major Resistance Above: 24,556
➖➖➖➖➖➖➖➖
🟥 Scenario 1: Gap-Up Opening (Above 24,400)
If Nifty opens above 24,400, especially near the 24,417–24,433 resistance zone, watch closely for price action.
If there’s rejection or bearish candles near this zone within the first 15–30 minutes, it could signal a good opportunity for short trades towards 24,307 and 24,254.
However, if Nifty sustains above 24,433 with strong bullish momentum and volume, a quick move towards 24,556 can occur.
In case of breakout buying, place a strict stop-loss just below 24,400 to protect from false breakouts.
📚 Educational Note: In gap-up scenarios near a resistance zone, the first bounce often traps aggressive buyers. Wait for confirmation (retest or strong breakout candle) before entry!
➖➖➖➖➖➖➖➖
🟨 Scenario 2: Flat Opening (Between 24,200–24,400)
If Nifty opens between 24,254–24,312, the market is likely to retest either side.
Key focus: 24,254 opening support level.
A bounce from 24,254 area can be bought for targets of 24,417–24,433 with stop-loss slightly below 24,240.
Breakdown and sustained trade below 24,254 can lead to a dip toward 24,106–24,071 zone. Short opportunities will arise if opening support fails clearly.
📚 Educational Note: In flat openings, traders must avoid rushing in. Let the market show clear strength or weakness around the immediate support/resistance levels.
➖➖➖➖➖➖➖➖
🟩 Scenario 3: Gap-Down Opening (Below 24,200)
If Nifty opens below 24,200, particularly around 24,100–24,070 zone, it would directly test the Last Intraday Support .
If there are bullish reversal signals (strong green candles or bullish divergence) around 24,071–24,106, a risky but rewarding buy opportunity can be considered.
However, failure to sustain above 24,071 will create strong bearish momentum aiming towards lower targets (like 23,950–23,900).
In gap-downs, extra caution must be applied. Avoid aggressive longs unless a strong reversal setup forms.
📚 Educational Note: Gap-downs often invite emotional trades. Avoid knife-catching unless the setup is clear and risk-reward is favorable.
➖➖➖➖➖➖➖➖
📌 Risk Management Tips for Options Trading 🛡️
Always define your stop-loss before entering a trade. Options premiums can decay rapidly!
Avoid trading within the first 5 minutes of opening volatility. Let the direction stabilize.
Prefer using spreads (like Bull Call Spread or Bear Put Spread) to reduce the impact of time decay and volatility crush.
Risk only 1–2% of your trading capital per trade. Survival is key over daily wins.
Exit if the trade doesn't behave as per your plan in the first 15-30 minutes after trigger.
➖➖➖➖➖➖➖➖
📜 Summary and Conclusion:
✅ Gap-Up Opening: Watch 24,417–24,433 zone carefully. Sell on rejection or buy breakout confirmation.
✅ Flat Opening: Key level is 24,254 – play the bounce or breakdown.
✅ Gap-Down Opening: 24,071–24,106 crucial for reversal or further fall.
🧠 Be patient, act only after clear confirmation, and strictly manage risk.
➖➖➖➖➖➖➖➖
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This trading plan is shared purely for educational purposes. Please consult your financial advisor before taking any trading decision.
Nifty this week analysisNifty still ranges between the major resistance zones. It has been trying to breach the zone for three days but has failed. This current attempt is closed with a strong bullish candle, which means next session it is quite possible we can have a breakout and prices to reach the Possible Reversal Zone.
On breakout of this zone between 24140 to 24353-55, the possible reversal zone is 24678 to 24365. If the price rejects this resistance, then we will witness a new rally in Nifty prices.
NIFTY ON THE EDGE - BEARISH PRESSURE MOUNTING NEAR 24250Symbol - NIFTY50
CMP - 24245
The Nifty50 index has encountered significant sell-off near the 26300 level, its all-time high from September 2024. Following this peak, the index experienced a notable correction, currently trading approximately 10% below its previous high. This decline has been attributed to factors such as disappointing corporate earnings, elevated valuations, and geopolitical uncertainties. Despite these challenges, the index has shown resilience, supported by strong performances in domestic sectors like financials, consumer staples, and healthcare.
If bearish pressures persist and buyers fails to maintain above 24300-24400 levels, a further decline towards the 23000-22900 levels could occur. Conversely, sustained move above 24550 could pave the way for a potential rally, contingent on improved earnings and favorable macroeconomic conditions.
Key Resistance Levels: 24320, 24400
Key Support Levels: 24000, 23780, 23350
In summary, the Nifty50's near-term trajectory hinges on its ability to navigate key support and resistance levels, with broader market sentiment and sectoral performances playing pivotal roles in shaping its path forward. In my personal view, I am expecting a down move, and the index is likely to remain under bearish pressure in the coming sessions, especially if it fails to hold above 24300-24400 levels.
Bank nifty Futures 28.04.25I would expect a gap down opening. however, incase not gap down I would still prefer to sell on rise. For this important locations/ absorption/ trap of buyers would be seen. In case I do not find things going as planed I will prefer to stay out. Bearishness is still predominant.
NIFTY : Trading Levels and Plan for 28-Apr-2025📊 Nifty 50 Trading Plan for 28-Apr-2025 (15-min TF Analysis)
Previous Close: 23,991.05
Key Zones:
🔴 Major Resistance Zone: 24,255 – 24,317
🟥 Critical Reversal Level: 24,433 (Daily and Weekly Importance)
🟧 Opening Resistance: 24,106
🟨 Opening Support: 23,912
🟩 Last Intraday Support Zone: 23,810 – 23,764
🟦 Important Support (Seller’s Booking Zone): 23,621 – 23,671
🟥 Scenario 1: Gap-Up Opening (Above 24,100)
If Nifty opens more than 100 points higher , around or above 24,100 , we will be near the Opening Resistance (24,106) or trying to push towards the Last Intraday Resistance Zone (24,255–24,317) .
If Nifty struggles near 24,106 and forms rejection candles (wicks, bearish engulfing), a low-risk short opportunity could arise aiming back towards 23,991–23,950 zones.
On the flip side, if price sustains and shows strength above 24,255 , a breakout trade can be initiated with an eye on the 24,433 critical resistance zone.
Strong bullish candles with volume confirmation are essential to attempt longs beyond 24,255 .
Be cautious around 24,433 as it is a major trend reversal zone on higher timeframes. Partial profit booking recommended.
🧠 Educational Tip: Gap-ups into major resistances often lead to profit booking unless there is a strong continuation pattern. Avoid buying blindly on opening candles without confirmation.
🟨 Scenario 2: Flat Opening (Between 23,900 – 24,100)
If Nifty opens flat or with a minor gap (within 100 points), we will remain between Opening Support (23,912) and Opening Resistance (24,106) .
If Nifty trades above 23,991 and crosses 24,046 with strength, a buy setup can be considered targeting 24,106 and potentially 24,255 .
If it fails to hold 23,991 and starts slipping below 23,950 , expect a quick dip towards the Opening Support (23,912) .
A confirmed breakdown below 23,912 could push the index lower toward the Last Intraday Support Zone (23,810–23,764) .
In a flat opening, trade based on clear breakout or breakdown of initial 15–30 minute range. No pre-commitment bias!
🧠 Educational Tip: Flat openings often lead to range-bound movements initially. Avoid over-trading inside choppy zones. Wait for clear directional cues.
🟩 Scenario 3: Gap-Down Opening (Below 23,900)
If Nifty opens below 23,900 , the focus immediately shifts to the Opening Support (23,912) and the Last Support Zones (23,810–23,764) .
If Nifty stabilizes around 23,810–23,764 with bullish reversal patterns (hammer, bullish engulfing), aggressive long entries could be initiated targeting 23,950–24,000 .
However, if breakdown continues below 23,764 , expect an extended fall toward the major support Seller's Profit Booking Zone (23,621–23,671) .
Look for strong price action near 23,621–23,671 as it may trigger a bigger reversal if buyers step in aggressively.
Avoid catching falling knives. Let price form a base before attempting counter-trend trades.
🧠 Educational Tip: In gap-downs, volatility spikes. Focus on fewer trades with better setups rather than forcing trades during emotional market reactions.
⚡ Risk Management Tips for Options Traders:
🔒 Always have a pre-defined stop loss . Never risk more than 1–2% of your trading capital on a single trade.
💸 In case of a flat or range-bound market, avoid holding naked option buys for too long as theta decay will eat premiums.
⚖️ Use option spreads (like bull call spreads or bear put spreads) to limit loss and protect against volatility crush.
📈 Stick to current week expiries for intraday trades but prefer next week expiry if volatility is extremely low.
⏳ Avoid trading in the first 5 minutes unless extremely clear breakout or breakdown is seen.
📌 Summary and Conclusion:
🟥 Gap-Up Opening: Watch 24,106 and 24,255 closely for breakout or rejection plays.
🟨 Flat Opening: Wait for clear breakout above 24,046 or breakdown below 23,912 .
🟩 Gap-Down Opening: Focus on price reaction around 23,810–23,764 and 23,621–23,671 .
Patience 🧘♂️, risk management 🛡️, and discipline 📚 are your best trading allies. Trade based on price action, not assumptions.
⚠️ Disclaimer: I am not a SEBI-registered analyst . All views shared are purely for educational purposes only . Please consult your financial advisor before taking any trading or investment decisions. 📚
Nifty Finds a Minor Resistance at 23800, What Next?Scenario B From Last Weekly Analysis played out as expected and continues to be in the Play.
The Pullback from 23800 Zone has been shallow as week closed above the Minor Resistance turned Support at 23350 Zone, despite a Long Weekend.
This Indicates Bulls have some Conviction of taking Nifty higher from Minor Support at 23350 Zone.
However a Weekly Candle Suggests Indecision.
So Let's be prepared for 3 Scenarios like last Week.
Scenario A - Minor Support at 23350 (200DEMA) holds and Nifty Blasts off to Mega Resistance
Scenario B - Minor Support breaks and Nifty Goes for a Healthier correction towards 0.5 0.6 Fib retracement (23000) and takes support here.
Scenario C - Weakness in Price action with Nifty testing 22500 0.78 Fib retracement and Trendline, This would indicate prolonged period of Consolidation before next Trending Move.
Technical Analysis suggests that Scenario A is more likely to play out.
But as market always knows how to Surprise us, be prepared for either of The Scenarios A B C.
Share your Thoughts and Views to make most of this Article.
NIFTY : Trading Levels and Plan for 25-Apr-2025📊 NIFTY Intraday Trading Plan – 25-Apr-2025
Timeframe: 15-minute
Previous Close: 24,245.05
📍 Key Reference Zones from Chart:
🟧 Consolidation Range: 24,124 – 24,433
🔴 Major Resistance Zone: 24,433 – 24,550
🟩 Strong Support Zone: 24,071 – 24,124
🟥 Breakdown Area: Below 24,071
🟢 Potential Reversal Point: 23,885
🟥 Scenario 1: Gap-Up Opening (Above 24,345 – i.e., +100 points)
If Nifty opens above 24,345, it steps into the upper band of the prior consolidation, moving closer to the critical resistance zone of 24,433–24,550 . This area holds weight as it aligns with daily and weekly chart resistance .
If Nifty opens near 24,433 and shows signs of rejection (bearish candle patterns like shooting star, bearish engulfing), a mean-reversion short trade could be attempted. Potential targets: 24,303 and 24,245.
Only go long if the index sustains above 24,433 for 15+ minutes and builds strength. In such a case, the next target would be 24,550.
If it opens above 24,433 and directly spikes to 24,500+, avoid chasing. Wait for a pullback or base building] for better R/R entries.
💡 Educational Insight: High-resistance zones require confirmation. Gaps alone are not breakout signals – price must sustain above these levels with volume for reliable entries.
🟨 Scenario 2: Flat Opening (Between 24,145 – 24,345)
A flat opening places Nifty within the previous session's consolidation range, where sideways action has dominated. This is a tricky zone, best approached with caution and breakout confirmations.
Avoid trades in the immediate zone of 24,245 – 24,287 unless price gives a clear breakout or breakdown. This is a No Trade Zone .
If the index breaks above 24,303 with momentum and sustains, consider a long with target 24,433 and SL just below 24,280.
If Nifty breaks below 24,124, short entries could be initiated with targets at 24,071 and 23,885, provided the breakdown is supported by volume and wide candle closes.
This is an ideal situation for zone-to-zone scalping based on price behavior.
💡 Educational Insight: Inside consolidation zones, it's better to react than predict. Let price guide you through support/resistance breaks with follow-through.
🟩 Scenario 3: Gap-Down Opening (Below 24,145 – i.e., -100 points)
A gap-down places Nifty closer to the strong support zone of 24,071–24,124 . This is a demand area on both intraday and higher timeframes.
Watch for reversal patterns (like hammer or bullish engulfing) inside 24,071–24,124. This zone can offer high R/R intraday longs with targets at 24,245 and SL below 24,050.
If price breaks and sustains below 24,071, it opens doors for deeper correction toward 23,885. Avoid early shorts; wait for breakdown + retest + rejection pattern.
The zone 24,071–24,124 also aligns with weekly trend support, so expect volatility and fight here. Be patient.
💡 Educational Insight: Strong supports often show bounce-back reactions. Always wait for confirmation before initiating reversal trades.
🛡️ Options Trading Risk Management Tips:
📉 Avoid buying deep OTM options during sideways or slow markets. Use spreads for better theta control.
📆 Keep expiry day trades strictly defined – don’t average losing positions.
📈 In strong trends, consider buying ITM options or vertical spreads to capture the move without unlimited risk.
🧠 Don’t revenge trade. Respect stop losses and accept that every setup won't work.
💰 Never risk more than 2% of your capital in a single trade.
⏳ Allow the first 15–30 minutes for market to settle before taking directional trades, especially post gap openings.
📘 Summary & Conclusion:
🟥 Gap-Up: Watch 24,433 as key resistance. Short on rejection; long only if breakout sustains.
🟨 Flat Open: Avoid trades in no-trade zone. Breakout above 24,303 = bullish, breakdown below 24,124 = bearish.
🟩 Gap-Down: Strong support around 24,071–24,124. Long on bullish reversal, short below 24,071 for 23,885 target.
🎯 Trade with structure and patience. Avoid noise. Let the levels guide your actions, and not emotions or impulses.
⚠️ Disclaimer: I am not a SEBI-registered analyst . This trading plan is shared purely for educational purposes only . Please consult your financial advisor before making any trading or investment decision.
NIFTY : Trading Levels and Plan for 24-Apr-2025📊 NIFTY Intraday Trading Plan – 24-Apr-2025
Timeframe: 15-minute
Previous Close: 24,300.85
🔍 Key Zones from the Chart:
🟧 No Trade Zone: 24,287 – 24,303
🔴 Last Resistance for Intraday: 24,432
🟥 Resistance for Consolidation Breakout: 24,546
🟨 Immediate Support: 24,237
🟩 Last Intraday Support Zone: 24,128 – 24,166
🟥 Major Breakdown Level: 24,036.55
🟥 Scenario 1: Gap-Up Opening (Above 24,401 – i.e. +100 points)
If Nifty opens above 24,401, it is entering the upper band of the chart near the Last Resistance Zone . This area is sensitive and needs confirmation before aggressive trades.
If price shows rejection near 24,432 (like inverted hammer or bearish engulfing), it signals a mean reversion setup . Traders may short with targets at 24,303 and 24,237.
If price sustains above 24,432 and breaks out with volume, Nifty may rally toward 24,546. Wait for 15-min candle close above 24,432 before initiating long trades.
Avoid longs if price opens with a big green candle directly in the resistance – wait for consolidation or a pullback entry.
💡 Pro Tip: Avoid buying the first candle of a gap-up unless a pullback occurs. Let the bulls prove themselves beyond the resistance.
🟨 Scenario 2: Flat Opening (Between 24,287 – 24,401)
A flat opening brings Nifty within or around the No Trade Zone . This is a choppy zone due to overlapping candles and indecisiveness in previous sessions.
Avoid trades inside 24,287 – 24,303. Wait for either a breakout above 24,303 or a breakdown below 24,287 for directional clarity.
If price breaks above 24,303 and sustains, consider a quick long entry with target 24,432 and SL below 24,280.
If price slips below 24,287 and sustains, short setups activate toward 24,237 first, and potentially 24,166 later.
This is an ideal day for zone-to-zone scalping , with defined stop losses and profit targets.
💡 Pro Tip: Inside No Trade Zones, avoid impulsive entries. Use breakout-retest strategy or follow momentum confirmation before entering a trade.
🟩 Scenario 3: Gap-Down Opening (Below 24,200 – i.e. -100 points)
A gap-down below 24,200 puts Nifty directly near Intraday Support Zone (24,128 – 24,166) . This area can witness buyer interest, but if it breaks, the trend may shift bearish.
Look for reversal signs in the support zone (24,128 – 24,166). A bullish candle or divergence on RSI can trigger quick scalps toward 24,237.
If support fails and price sustains below 24,128, the next major breakdown level is 24,036.55. Short trades below 24,128 can be initiated with SL above 24,170.
Do not chase gaps down blindly – reversal or breakdown confirmation is crucial.
💡 Pro Tip: Buyer zones offer great reward-to-risk setups. Wait for bullish confirmation like hammer candles, bullish engulfing, or higher low formation before entering.
🛡️ Risk Management Tips for Options Traders:
✅ Always have a pre-defined SL for both directional and non-directional option strategies.
📉 Avoid naked option buying in choppy markets – use spreads (Bull Call / Bear Put) to minimize theta decay.
🕐 Don’t hold positions into the last 30 mins of expiry unless you’re in strong profit or have hedged protection.
💰 Never risk more than 2% of your capital in a single trade – it keeps your mindset calm and objective.
🔄 Adjust your trades as market structure changes – follow price, not your bias.
📘 Summary & Conclusion:
🟥 Gap-Up: Watch 24,432 as a decision point. Rejections offer shorting opportunity; Breakouts offer bullish setups.
🟨 Flat Open: Avoid trades in 24,287–24,303. Play breakout or breakdown from this zone with confirmation.
🟩 Gap-Down: Support expected near 24,128–24,166. Wait for bullish signs or short below breakdown levels.
🎯 The day should be traded zone-to-zone with proper confirmation. Patience in entries and discipline in exits is key to success. Avoid emotional trading.
⚠️ Disclaimer: I am not a SEBI-registered analyst . This trading plan is shared purely for educational purposes . Please do your own research or consult a qualified advisor before making any trading or investment decisions.
NIFTY : Trading levels and Plan for 23-Apr-2025📊 NIFTY Intraday Trading Plan – 23-Apr-2025
Timeframe: 15-minute
Previous Close: 24,134.05
📌 Key Zones Marked on the Chart:
🟥 Opening Resistance: 24,220
🔴 Major Resistance Zone (Short opportunity): 24,433
🟧 Opening Support Zone: 24,116 – 24,127
🟩 Last Intraday Support Zone: 24,052 – 24,026
🔵 Final Intraday Support: 23,869
🟥 Scenario 1: Gap-Up Opening (Above 24,234 – i.e. +100 points)
If Nifty opens above 24,234, it will be above the immediate resistance zone of 24,220. This brings it closer to the 24,433 level — a last-resort intraday resistance that’s a key zone for aggressive short sellers.
Watch for price behavior near 24,433. If Nifty gives wick rejections or bearish engulfing candles , this is a low-risk shorting opportunity.
Targets on downside would be 24,220 and 24,127, with a stop loss above 24,470.
If price consolidates above 24,433 for more than 30 minutes, expect a breakout toward 24,500+. Use a bull call spread instead of naked options to control risk.
💡 Educational Note: Strong opening gaps tend to invite profit booking near supply zones. Always wait for price confirmation before entering.
🟨 Scenario 2: Flat Opening (Between 24,127 – 24,220)
This scenario keeps Nifty in a neutral yet sensitive range between the support and resistance levels. Traders should be patient and wait for breakout or breakdown confirmation.
If Nifty breaks above 24,220 with volume, it may attempt 24,300–24,433. Buy with a tight SL of 24,170.
If Nifty sustains below 24,116, price may drift towards 24,052 – 24,026. Consider puts or bear spreads below 24,116.
Avoid initiating trades in the first 15 minutes. Let the market structure itself after opening volatility.
💡 Educational Note: In flat openings, the first 3 candles of the day often decide direction. Focus on volume and price range contraction or expansion for clues.
🟩 Scenario 3: Gap-Down Opening (Below 24,034 – i.e. -100 points)
A gap-down below 24,034 will place Nifty directly into the Last Intraday Support Zone: 24,052 – 24,026 . This is a critical area for reversal setups or further breakdown.
If this zone holds and we see a bullish hammer or strong green engulfing candle, a counter-trend bounce toward 24,116 is possible.
If Nifty breaks below 24,026 and sustains, watch for a fall to 23,986 or even 23,869. This is a bearish momentum zone.
Avoid long trades until the price forms a base above 24,026 again.
💡 Educational Note: A gap-down into a known support zone creates high emotion. Don’t be tempted to buy blindly – always wait for support-holding confirmation .
🛡️ Options Trading Risk Management Tips
Always use defined SL (stop loss) while trading directional options.
Avoid trading OTM options alone on Wednesdays and Thursdays due to higher theta decay.
Use spreads like Bull Call / Bear Put to reduce cost and hedge risk.
Do not take trades based on bias. Let price structure guide your decision.
Never risk more than 2–3% of your capital per trade , especially in volatile conditions.
📘 Summary & Conclusion
📍 Important Levels:
🔺 Resistance: 24,220 | 24,433
⚠️ Opening Support: 24,116 – 24,127
🔻 Lower Supports: 24,052 | 24,026 | 23,986 | 23,869
🎯 On 23-Apr-2025, observe the first 15-minute candle carefully for structure. Trade only on confirmed breakout/breakdown from defined zones .
Use well-hedged strategies when near volatile support/resistance levels. Keep emotions in check and stay adaptive.
⚠️ Disclaimer: I am not a SEBI-registered analyst . This trading plan is shared purely for educational purposes . Please consult your financial advisor before making any trading decisions.






















