NIFTY : Trading levels and Plan for 10-Sep-2025NIFTY TRADING PLAN – 10-Sep-2025
(Levels derived from chart structure, psychological supports/resistances, and intraday flow)
📈 Gap-Up Opening (100+ points above 24,978)
If Nifty opens with a strong gap-up above 24,978, it will directly enter the resistance/consolidation zone near 24,930 – 25,047. In this case:
Early buying may face resistance around 25,047 (Last Intraday Resistance).
If price sustains above 25,047, momentum buying can extend towards 25,174, which is the next upside target.
However, if rejection occurs near 25,047, expect sideways-to-downward price action, leading back towards 24,930 – 24,868 zone.
👉 Strategy: Look for buying opportunities only if price sustains above 25,047 with volume confirmation. Otherwise, shorting on rejection near the resistance zone may provide a better risk-reward.
📊 Flat Opening (Around 24,868 – 24,930 zone)
A flat start around the Opening Support/Resistance Zone (24,868 – 24,930) indicates market indecision. This is the most crucial zone for the day.
If Nifty sustains above 24,930, strength may build toward 25,047.
If it trades below 24,868, weakness could pull prices toward 24,778 (Intraday Support).
This area will likely see sideways consolidation, so wait for a clear breakout or breakdown before taking fresh positions.
👉 Strategy: Patience is key here. Avoid aggressive trades in the first 30 minutes. Allow the market to settle and then ride the breakout either above 24,930 or below 24,868.
📉 Gap-Down Opening (100+ points below 24,778)
If Nifty opens below 24,778, it directly enters a weak territory. The next key zone will be Buyer’s Support at 24,547 – 24,578.
A sharp gap-down can trigger panic selling, extending weakness towards the Buyer’s Support Zone.
This support zone is crucial – if it holds, expect a possible bounce.
If it breaks decisively, then the market can extend deeper towards 24,480 levels.
👉 Strategy: Look for quick shorting opportunities on breakdowns below 24,778. For positional traders, monitor the 24,547 – 24,578 zone for potential reversal plays.
🛡️ Risk Management Tips for Options Traders
Do not chase option premiums after a strong gap-up or gap-down; wait for retests.
Use hourly candle close as a filter for stop-loss to avoid whipsaws.
Avoid over-leveraging; size positions according to capital and risk tolerance.
Always trade with a predefined stop-loss to protect capital.
Book partial profits at nearby resistance/support zones to lock in gains.
📌 Summary & Conclusion
Above 25,047, trend can extend bullishly towards 25,174.
Below 24,868, weakness may drag prices to 24,778, and further to 24,547 – 24,578 if broken.
Flat openings demand patience; breakout from consolidation zone will define the trend.
Watch the market’s first 30 minutes for clear signals before committing large positions.
⚠️ Disclaimer
I am not a SEBI-registered analyst . This trading plan is for educational purposes only. Please consult with your financial advisor or do your own analysis before taking any trades.
Niftyoutlook
Nifty Macro View & Context Weekly Outlook: Analysts expect rangMacro View & Context
Weekly Outlook: Analysts expect range-bound trading with continued consolidation under 25,000. Nifty rebounded from ~24,400 recently, but a breakout above 25,000 remains elusive. Toby-heavy cues are looking modestly optimistic, supported by domestic macro trends and auto sector strength.
F&O Expiry Dynamics: Weekly options now expire on Tuesday, meaning Monday becomes the new "expiry eve"—a day often marked by increased spot-vol vs. thin volumes and elevated theta (time decay) impact.
Recommended strategy: With limited move expected, options plays like short strangles can capitalize on low directional movement and theta decay.
Technicals Across Timeframes
1-Day (Daily Chart)
Overall tone: Neutral-to-cautious. Price is consolidating; indicators (like RSI & MACD) are flat—no strong directional bias.
4-Hour Chart
Current structure: Sideways rectangular consolidation, roughly between 24,400–25,000.
A breakout either way could define the weekly closing trend.
1-Hour Chart
Short-term setup: 70% of moving averages (20/50/100/200) show bullish bias, although some very short-term (5/10 MA) signals remain mixed — indicating stabilization above mid-range.
Pivot analysis shows key resistance near 24,852–24,875, and support near 24,750–24,730.
15-Minute Action Plan for Tomorrow (Expiry Eve)
Time-Based Setup (09:00–15:30)
Pre-Open to First 30 Minutes
Observe initial range; likely tight consolidation given expiry eve.
Key zone: 24,750–24,850 (intraday range).
Trade Execution Rules
Long Trade:
Trigger: 15-min candle closes above 24,850 with volume support.
Entry: Next candle's open (~24,860).
Targets: 24,900 → 24,950 → 25,000.
Stop-Loss: ~24,830.
Short Trade:
Trigger: 15-min candle closes below 24,750 with confirmation.
Entry: Next open (~24,740).
Targets: 24,700 → 24,650 → 24,600.
Stop-Loss: ~24,770.
Range Day Strategy (if neither breakout triggers)
Trade within the established 24,750–24,850 range.
Small scalps: buy near 24,760, sell near 24,840; stops tight (~5-10 pts).
NIFTY : Trading levels and Plan for 09-Sep-2025NIFTY TRADING PLAN – 09-Sep-2025
📌 Key Levels to Watch :
Major Resistance Zone: 25,002 – 25,029
Upside Extension Resistance: 25,165
Opening Resistance: 24,867
Opening Support: 24,753
Last Intraday Support: 24,678
Buyer’s Support Zone: 24,542 – 24,578
The index is currently hovering in a consolidation phase, with clear resistance and support zones that will guide intraday moves. Price action near these levels will determine whether bulls or bears take control.
🔼 1. Gap-Up Opening (100+ points above 24,867)
If Nifty opens above the 24,867 opening resistance, it indicates strong bullish sentiment.
📌 Plan of Action :
Sustaining above 24,867 can push the index into the 25,002 – 25,029 resistance zone.
A breakout and stability above this zone may trigger a rally towards 25,165.
However, early profit booking is likely near 25,002–25,029, so traders must book partial gains and trail stop-losses.
👉 Educational Note: Gap-ups above resistance zones often trap late sellers. Patience is key — wait for at least 15–30 mins of confirmation before adding fresh longs.
➖ 2. Flat Opening (Around 24,750 – 24,820)
A flat opening provides a balanced start, allowing traders to align with early market sentiment.
📌 Plan of Action :
If Nifty sustains above 24,820, expect a move to retest 24,867, and possibly the 25,002–25,029 resistance zone.
Failure to hold 24,753 (opening support) can drag prices to 24,678.
Watch for intraday reversal candles near support zones to gauge whether buyers are defending.
👉 Educational Note: Flat openings are ideal for option writers. Buyers should wait for breakouts or breakdowns to avoid getting stuck in sideways chop.
🔽 3. Gap-Down Opening (100+ points below 24,700)
A gap-down below 24,700 can trigger nervousness among buyers and invite selling pressure.
📌 Plan of Action :
First support lies at 24,678 (last intraday support).
A breakdown below 24,678 could extend selling towards the Buyer’s Support Zone: 24,542–24,578.
If a sharp bounce occurs from this buyer’s zone, short-covering can quickly lift Nifty back to 24,753.
👉 Educational Note: Gap-downs create panic, but disciplined traders look for opportunities near strong supports. Avoid chasing shorts blindly after a big gap-down.
🛡️ Risk Management Tips for Options Traders
Always trade with a strict stop-loss on hourly closing basis.
Limit risk to 1–2% of total capital per trade .
Prefer option spreads (bull call spread / bear put spread) instead of naked calls or puts to reduce time decay impact.
Trail stop-losses as price moves in your favor — never let a winning trade turn into a loss.
Avoid overtrading in choppy zones between 24,753–24,867, as whipsaws are common there.
📌 Summary & Conclusion
🟢 Above 24,867 → Bullish continuation towards 25,002–25,029 and then 25,165 .
🟧 Flat Opening → Range-bound; strength above 24,820, weakness below 24,753 .
🔴 Below 24,700 → Bearish pressure, testing 24,678 and Buyer’s Zone 24,542–24,578 .
⚠️ Critical Zone: 25,002–25,029 (Last Intraday Resistance). Sustaining above this zone can ignite strong upside momentum.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only and should not be considered as financial advice. Please consult your financial advisor before making trading decisions.
NIFTY : Trading levels and Plan for 08-Sep-2025NIFTY TRADING PLAN – 08-Sep-2025
📌 Key Levels to Watch :
Resistance for sideways: 25,010
Major Resistance: 25,165
Last Intraday Resistance: 24,867
Opening Resistance / Support: 24,778
Opening Support: 24,659
Buyer’s Support (Must Try Zone): 24,452 – 24,517
The market is trading near an inflection zone. The price reaction at these levels will guide the intraday trend.
🔼 1. Gap-Up Opening (100+ points above 24,867)
If Nifty opens strongly above 24,867, bulls will attempt to extend gains towards higher resistances.
📌 Plan of Action :
Sustaining above 24,867 will shift momentum towards 25,010.
A sideways consolidation can occur near 25,010, as it’s a critical resistance.
If Nifty manages to sustain above 25,010, the next big target is 25,165.
👉 Educational Note: Gap-ups near major resistances require confirmation. Always wait for a retest or sustained move before entering long positions.
➖ 2. Flat Opening (Around 24,720 – 24,780)
A flat start near 24,743 – 24,778 indicates indecision, with equal chances for bulls and bears.
📌 Plan of Action :
If Nifty sustains above 24,778, it can push towards 24,867.
A breakout above 24,867 strengthens the bullish momentum towards 25,010.
Failure to hold above 24,743 can drag Nifty back to 24,659 (opening support).
👉 Educational Note: Flat openings provide clarity after the first 30 minutes. Observe how price reacts around the opening resistance/support zone before taking trades.
🔽 3. Gap-Down Opening (100+ points below 24,640)
If Nifty opens with weakness below 24,640, sellers will try to dominate.
📌 Plan of Action :
Immediate test will be at 24,659; if broken, price may fall towards the buyer’s support zone 24,452 – 24,517.
A strong rebound is likely from this buyer’s support zone, as it is marked as a “must-try” level for bulls.
Sustaining below 24,452 will open deeper downside possibilities, turning the sentiment weak.
👉 Educational Note: Gap-downs often trigger panic selling. Instead of chasing the fall, wait for a retest of supports to catch a safer entry.
🛡️ Risk Management Tips for Options Traders
Always define a stop-loss based on hourly close to avoid getting trapped in volatility.
Keep position sizing small (1–2% of capital) in uncertain zones.
For gap-up/gap-down days, prefer directional option buying only after confirmation.
Use hedged strategies (like spreads) if trading near major support/resistance zones.
Book partial profits at intermediate levels to lock in gains.
📌 Summary & Conclusion
🟢 Above 24,867 → Bullish bias towards 25,010 & 25,165 .
🟧 Flat Opening → Watch 24,778 for breakout; above bullish, below weak .
🔴 Below 24,640 → Weakness towards 24,517 & 24,452 buyer’s support zone .
⚠️ Critical Zone: 24,452 – 24,517 (Buyer’s Support). A rebound here is highly probable, but if broken, weakness can accelerate.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only and should not be considered as financial advice. Please consult your financial advisor before trading.
NIFTY : Trading levels and plan for 05-Sep-2025NIFTY TRADING PLAN – 05-Sep-2025
📌 Key Levels to Watch :
Opening Resistance: 24,776
Last Intraday Resistance: 24,885
Major Resistance: 24,995
Opening Support Zone: 24,659 – 24,679
Last Intraday Support: 24,517
The price action shows that Nifty is consolidating between strong support and resistance zones. The reaction around these levels will determine the day’s trend.
🔼 1. Gap-Up Opening (100+ points above 24,840)
If Nifty opens with a strong gap-up above 24,840, it will directly challenge the resistance zones.
📌 Plan of Action :
Sustaining above 24,885 (last intraday resistance) will indicate strength.
First upside target is 24,995, where profit booking could emerge.
If momentum sustains beyond 24,995, expect a breakout rally with strong bullish sentiment.
👉 Educational Note: Gap-ups near resistance require patience. Wait for confirmation candles before entering, as false breakouts are common at these levels.
➖ 2. Flat Opening (Around 24,720 – 24,780)
A flat start near the opening resistance indicates indecision and may lead to range-bound action initially.
📌 Plan of Action :
If Nifty sustains above 24,776, it can attempt to test 24,885.
A breakout above 24,885 strengthens the bullish trend towards 24,995.
Failure to hold above 24,720 can pull the index back into the support zone (24,659–24,679).
👉 Educational Note: Flat openings often provide the best opportunities as they allow traders to position based on the first 30 minutes of price action clarity.
🔽 3. Gap-Down Opening (100+ points below 24,620)
If Nifty opens below the support zone, sellers gain the upper hand.
📌 Plan of Action :
A gap-down below 24,620 will likely drag Nifty to retest 24,517 (last intraday support).
Sustaining below 24,517 may invite further downside pressure with intraday weakness.
Quick rebounds can occur, but unless Nifty reclaims 24,659, the trend remains bearish.
👉 Educational Note: Gap-downs usually trigger fear-driven moves. Avoid chasing the fall; instead, look for a retest of levels to confirm direction.
🛡️ Risk Management Tips for Options Traders
Always use stop losses on an hourly close basis to avoid false moves.
Limit exposure to 1–2% of capital per trade.
For uncertain days, consider deploying neutral strategies like straddles or strangles.
Scale out profits gradually instead of waiting for final targets.
Avoid over-leveraging; keep cash ready for adjustments.
📌 Summary & Conclusion
🟢 Above 24,885 → Bullish bias towards 24,995 and beyond .
🟧 Flat Opening (24,720 – 24,780) → Wait for a breakout above 24,776 for directional clarity .
🔴 Below 24,620 → Weakness towards 24,517 with risk of further downside .
⚠️ Critical Zone: 24,659 – 24,679 (Opening Support). Watch this level closely for intraday cues.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is purely educational and should not be considered financial advice. Please consult your financial advisor before making any trading decisions.
NIFTY : Trading levels and Plan for 04-Sep-2025NIFTY TRADING PLAN – 04-Sep-2025
📌 Key Levels to Watch :
Opening Resistance: 24,778
Last Intraday Resistance: 24,904
Major Resistance: 24,994
Opening Support: 24,640
Last Intraday Support Zone: 24,471 – 24,517
Buyer’s Support: 24,360
These levels will guide intraday trend direction. Let’s break down scenarios.
🔼 1. Gap-Up Opening (100+ points above 24,778)
If Nifty opens above 24,778, bulls will try to push it higher towards 24,904 (Last Intraday Resistance) and eventually test 24,994 (Major Resistance).
📌 Plan of Action :
Sustaining above 24,778 can invite upside momentum. Targets: 24,904 → 24,994.
Near 24,904, expect volatility as sellers may book profits.
If rejection comes from 24,904, price may fall back towards 24,778.
👉 Educational Note: In strong gap-ups, chasing early moves can be risky. Safer entries often come on retests of support levels.
➖ 2. Flat Opening (Around 24,640 – 24,713)
A flat start near the current zone shows balance between buyers and sellers. Price will look for a trigger from support/resistance.
📌 Plan of Action :
Holding above 24,640 (Opening Support) will keep momentum positive, opening path to 24,778 → 24,904.
If it fails to hold 24,640, expect a drift towards Last Intraday Support 24,471 – 24,517.
Avoid trades in the middle zone; clarity comes only when price breaks key levels.
👉 Educational Note: Flat openings usually consolidate in the first 30 minutes; patience helps avoid false breakouts.
🔽 3. Gap-Down Opening (100+ points below 24,640)
If Nifty opens weak below 24,640, sellers may dominate the session.
📌 Plan of Action :
A gap-down below 24,640 will likely test the 24,471 – 24,517 zone.
Breakdown below this zone could extend weakness towards 24,360 (Buyer’s Support).
If 24,360 holds, expect a technical bounce; else, further downside may unfold.
👉 Educational Note: In gap-downs, avoid aggressive longs unless there is a strong reversal confirmation.
🛡️ Risk Management Tips for Options Traders
Always place a stop loss on hourly close basis.
Risk only 1–2% of capital per trade.
Use scaling out strategy (book partial profits at first target, ride balance till next).
Avoid holding OTM options deep into expiry week to reduce time decay risk.
Use option spreads like Bull Call or Bear Put when volatility is high.
📌 Summary & Conclusion
🟢 Above 24,778 → Upside towards 24,904 – 24,994 .
🟧 Flat Opening → Watch 24,640 for support, 24,778 for breakout .
🔴 Below 24,640 → Weakness towards 24,471 – 24,517; next support 24,360 .
⚠️ Key Decision Zone: 24,640 (Opening Support) will act as the pivot.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is purely for educational purposes and should not be considered investment advice. Please consult your financial advisor before trading.
NIFTY Analysis 3 SEPTEMBER, 2025 ,Morning update at 9 am
based on the 4-hour timeframe for nifty spot
short covering from oversold zone observed
downside plan
watch 24498. if nifty fails to sustain above 24498, expect a slide to 24390.
below 24390, next major support lies at 24301.
upside plan
sustaining above 24551-52 with bn pattern formation may lead to short covering rally towards 24649.
if momentum continues, higher resistances are at 24681, 24769, 24860.
wait for clear pattern confirmation.
focus on fake levels for directional bias.
scalping opportunities
between 24485 to 24518, expect small bounces.
use quick entry and exit with strict stoploss.
always trail stoploss once first target is achieved.
exit if false breakout occurs or price fails to sustain above level.
NIFTY : Trading Plan and levels for 03-Sep-2025NIFTY TRADING PLAN – 03-Sep-2025
📌 Key Levels to Watch :
Opening Support Zone: 24,486 – 24,579
Last Intraday Resistance: 24,705
Higher Resistances Above: 24,817 and 24,904
Last Intraday Support: 24,480
Buyer’s Strong Support Zone: 24,309 – 24,360
Major Lower Support: 24,308
These levels will define the intraday path. Staying disciplined around support/resistance is crucial to avoid traps.
🔼 1. Gap-Up Opening (100+ points above 24,705)
If Nifty opens with strength above the last intraday resistance, momentum could build on the upside.
📌 Plan of Action :
Sustaining above 24,705 will attract buyers targeting 24,817 – 24,904 zones.
Quick profit booking may appear near 24,817, so aggressive long traders should trail stop losses.
If Nifty opens high but fails to hold above 24,705, it may slip back to retest the Opening Support Zone (24,486 – 24,579).
👉 Educational Note: In strong gap-ups, waiting for a pullback entry offers better risk-to-reward than chasing at open.
➖ 2. Flat Opening (Around 24,486 – 24,579)
A flat start inside the Opening Support Zone calls for patience and clarity.
📌 Plan of Action :
If Nifty sustains above 24,579, upside targets become 24,705 → 24,817.
Breaking below 24,486 shifts focus to 24,480 (last intraday support) and possibly 24,360.
Avoid taking trades in the middle of the zone — wait for breakout/breakdown confirmation.
👉 Educational Note: Flat openings often lead to sideways action. Let market direction confirm before committing.
🔽 3. Gap-Down Opening (100+ points below 24,480)
If Nifty opens sharply lower, sellers may dominate initially.
📌 Plan of Action :
A gap-down below 24,480 will expose support at 24,309 – 24,360 (Buyer’s zone).
If this support holds, expect a relief bounce back toward 24,480.
If broken, the next downside target lies near 24,308, which is critical for reversal attempts.
👉 Educational Note: Gap-downs tend to trigger panic selling. Avoid buying blindly — let confirmation candles validate reversal attempts.
🛡️ Risk Management Tips for Options Traders
Always follow a strict stop loss — ideally on hourly close basis.
Risk only 1–2% of total capital on a single trade.
Book partial profits at nearby resistance/support to lock gains.
Avoid over-trading in sideways moves inside the support zone.
Use option spreads (Bull Call or Bear Put) to minimize theta decay.
📌 Summary & Conclusion
🟢 Above 24,705 → Upside targets 24,817 – 24,904 .
🟧 Flat Opening → Watch 24,486 – 24,579 zone carefully, trade only on breakout/breakdown .
🔴 Below 24,480 → Weakness towards 24,309 – 24,360 and possibly 24,308 .
⚠️ Key Battle Zone: 24,486 – 24,579 (Opening Support Zone).
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is purely for educational purposes and should not be considered investment advice. Please consult your financial advisor before trading.
02SEP2025-Nifty 50: A Day of Consolidation and Sudden DeclineIntraday Chart Analysis & Key Data Points (as of September 2, 2025):
Opening and Early Session: The Nifty 50 opened strong, trading with a bullish bias. For the first three hours, the index was in a consolidating range, indicating a tug-of-war between buyers and sellers, but with a slight upward momentum. The intraday high was 24,756.1.
The Breakdown: A significant shift occurred around 1:30 PM. The index broke below its consolidation range, leading to a sharp and rapid decline. This move saw Nifty plummet by over 230 points from its day's high. The index closed at 24,579.6, below the psychologically important 24,600 mark.
FII/DII Activity: The market movement aligns with the FII (Foreign Institutional Investor) and DII (Domestic Institutional Investor) data.
FIIs: Were net sellers in the cash market, offloading shares worth ₹1,652.11 crore. In the derivatives segment, they were net sellers in index options, which confirms their bearish stance.
DIIs: Provided support by being net buyers, absorbing some of the selling pressure from FIIs.
Technical Levels: The sharp sell-off tested crucial support levels. The immediate support zone is identified between 24,300 and 24,200. The day's low of 24,522.35 is also a key level to watch. On the upside, the resistance zone is now around 24,650-24,700.
Derivatives Data: The Put-Call Ratio (PCR) for the day declined to 0.71, indicating a bearish sentiment. A PCR below 1.0 suggests that more puts (bearish bets) were traded than calls, pointing to a negative outlook. Additionally, the India VIX, a volatility index, also showed a slight decline.
Analysis of Conditions and Possibilities:
The market is in a "sell-on-rally" mode. The consolidation followed by a sharp breakdown suggests that institutional players were booking profits, which overpowered the initial bullish sentiment. The FIIs' bearish stance, especially in the derivatives market, is a significant red flag.
Bearish Scenario: If Nifty breaks below the 24,500 level and fails to hold the 24,300-24,250 support zone, it could trigger further selling pressure. The next possible targets on the downside could be 24,150 and potentially 24,000. This scenario is likely if global markets remain weak or if FIIs continue to be aggressive sellers.
Bullish/Consolidation Scenario: A minor bounce or consolidation cannot be ruled out. The heavy short buildup in Nifty stocks could lead to a short-covering rally. If the index manages to hold the 24,500 support and reclaims the 24,650 level, it could signal a temporary reversal. However, given the overall sentiment, any such upward move might be met with selling at higher levels.
Trading Plan for the Next Day:
Given the high volatility and negative sentiment, a cautious approach is recommended.
For Aggressive Traders (Bearish Outlook):
Entry: Look for a breakdown below the day's low of 24,522.35. A short position can be initiated with a stop-loss just above the consolidation range, for instance, around 24,650.
Target: The first target would be the 24,300-24,250 support zone. If this level is breached, the next target would be 24,150.
For Cautious Traders (Wait-and-Watch):
It's best to wait for a clear directional trend to emerge. Avoid initiating long positions until Nifty reclaims and sustains above the 24,700 resistance level.
Alternatively, you can consider a "sell on rise" strategy. If Nifty rallies towards the 24,650-24,700 zone and shows signs of weakness (e.g., bearish candlestick patterns), a short position could be initiated with a tight stop-loss.
Key Takeaways:
The market sentiment has shifted from bullish to bearish.
FIIs are the primary drivers of this bearish trend.
Crucial support levels are at 24,500 and then 24,300-24,250.
Resistance is now at 24,650-24,700.
As a retail trader, it is crucial to manage risk and avoid trading against the prevailing trend. A long position is extremely risky under current conditions.
NIFTY : Trading levels and plan for 02-Sep-2025NIFTY TRADING PLAN – 02-Sep-2025
📌 Key Levels to Watch :
Opening Support/Resistance Zone (No Trade Zone): 24,593 – 24,640
Last Resistance for Intraday: 24,744 – 24,785
Major Resistance Above: 24,993
Opening Support: 24,519
Last Intraday Support: 24,453
Major Support Below: 24,342
These levels will guide intraday directional moves. Traders must be patient around the “No Trade Zone” as it may create false signals.
🔼 1. Gap-Up Opening (100+ points above 24,640)
If Nifty opens above the Opening Resistance Zone, bulls will attempt to extend the upside move.
📌 Plan of Action :
Sustaining above 24,744 – 24,785 will open the path towards 24,993 where major profit booking can be expected.
If Nifty opens higher but fails to sustain above 24,640 and slips back into the zone, sideways consolidation or selling pressure may develop.
Conservative traders should wait for a retest of the zone before taking fresh positions.
👉 Educational Note: Gap-ups often trap late buyers. Let the first 30 minutes settle before deciding direction.
➖ 2. Flat Opening (Around 24,593 – 24,640)
If Nifty opens flat in the No Trade Zone, the best approach is to stay cautious.
📌 Plan of Action :
Avoid trades directly inside the No Trade Zone to prevent getting caught in whipsaws.
A breakout above 24,640 can extend the move towards 24,744 – 24,785.
A breakdown below 24,593 will shift focus towards 24,519 (opening support).
👉 Educational Note: Flat openings are tricky — discipline and patience are more important than quick entries.
🔽 3. Gap-Down Opening (100+ points below 24,519)
If Nifty opens lower, sellers will likely test supports quickly.
📌 Plan of Action :
A gap-down below 24,519 will expose the market to test 24,453 (last intraday support).
If this zone breaks, expect a further slide towards 24,342, where intraday pullback attempts may emerge.
Buyers should look for confirmation candles before entering reversal trades in such volatile conditions.
👉 Educational Note: Gap-downs create emotional panic. Avoid chasing puts at lows — instead, plan trades around pullbacks into resistance.
🛡️ Risk Management Tips for Options Traders
Always use a strict stop loss (preferably hourly close basis).
Risk only 1–2% of total capital on a single trade.
Avoid trading inside the No Trade Zone (24,593 – 24,640).
Consider using spreads (Bull Call/Bear Put) to control premium decay.
Exit partially at nearby resistance/support zones to secure profits.
📌 Summary & Conclusion
🟢 Above 24,785 → Upside momentum towards 24,993 possible .
🟧 Flat Opening → Avoid trades in 24,593 – 24,640 zone, wait for breakout/breakdown .
🔴 Below 24,519 → Weakness towards 24,453 and possibly 24,342 .
⚠️ Key Battle Zone: 24,593 – 24,640 (No Trade Zone).
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is shared purely for educational purposes and should not be considered investment advice. Please consult your financial advisor before trading.
NIFTY : Trading levels and Plan for 01-Sep-2025📊 NIFTY TRADING PLAN – 01-Sep-2025
📌 Key Levels to Watch :
Opening Resistance / Support: 24,510
Last Intraday Resistance: 24,639
Profit Booking Zone: 24,744 – 24,785
Opening Support Zone: 24,327 – 24,367
Last Intraday Support: 24,236
These zones act as the pivot areas where buyers and sellers will actively fight for control.
🔼 1. Gap-Up Opening (100+ points above 24,510)
If Nifty opens with a sharp gap-up above 24,510, momentum will likely favor the bulls.
📌 Plan of Action :
Sustaining above 24,639 (last intraday resistance) will keep upward momentum intact.
Targets to watch on the upside are 24,744 – 24,785 (profit booking zone), where sellers may emerge.
If rejection happens at 24,639, expect consolidation or a mild pullback towards 24,510.
👉 Educational Note: Gap-up openings often see initial profit booking. Traders should avoid chasing prices immediately—wait for a retracement and confirmation before entering.
➖ 2. Flat Opening (Around 24,430 – 24,510)
If Nifty opens flat near its current levels, price action around 24,510 will be critical.
📌 Plan of Action :
Holding above 24,510 can lead to a move towards 24,639, followed by 24,744 – 24,785.
If the index fails to sustain 24,510, it may retest the 24,327 – 24,367 opening support zone.
A breakdown below 24,327 could invite further selling pressure.
👉 Educational Note: Flat openings often provide the cleanest trading opportunities since markets test both support and resistance before choosing direction.
🔽 3. Gap-Down Opening (100+ points below 24,327)
If Nifty opens below the 24,327 – 24,367 support zone, bearish sentiment may dominate.
📌 Plan of Action :
Immediate downside target becomes 24,236 (last intraday support).
If 24,236 breaks decisively, deeper selling pressure may emerge, leading to extended weakness.
Reversal signs near 24,236 (like bullish wicks or volume spikes) may present intraday buying opportunities for quick scalps.
👉 Educational Note: Gap-downs usually trigger panic selling at open. Avoid shorting at extreme lows—wait for a pullback before entry.
🛡️ Risk Management Tips for Options Traders
Stick to defined stop-losses , preferably based on hourly closes.
Risk only 1–2% of your capital per trade.
Consider spreads (Bull Call / Bear Put) to control premium decay.
Book profits in parts—don’t wait for exact targets.
Avoid overtrading during volatile swings; wait for price to respect levels.
📌 Summary & Conclusion
🟢 Above 24,639 → Bullish momentum towards 24,744 – 24,785 .
🟧 Flat opening → Watch 24,510 as pivot; above bullish, below cautious .
🔴 Below 24,327 → Weakness towards 24,236 (critical support) .
🎯 Key battle zones: 24,510 (pivot) & 24,327 (support).
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is shared only for educational purposes and should not be considered investment advice. Please consult your financial advisor before trading.
Nifty Analysis - Monthly - Sep 2025Nifty formed a Bearish red candle in monthly timeframe. Nifty is below short term EMA in daily timeframe (20,50,100). Bearish sentiment is setting in strong.
On Daily time frame its about to form a head and shoulder pattern.
If Right shoulder length is considered as target, it comes to 23,550.
If Head length is considered as target, it comes to 23,300.
24,500 (psychological), 24,850 (61.8% of swing from July high to Aug Low), 25,000 (psychological), 25150 (38.2% of swing from July high to Aug Low) may be key resistances.
Nifty is nearing a GapUp region (12th May) and 200 day EMA which is around 24,250 and it may act as Support.
Next support is around 24,000 to 23,800. 24,000 is psychological level. 23,800 is High of Feb & Mar, which was the Feb & Mar resistance and it may now act as support.
Nifty Key Levels -
25,150
25,000
24,850
24,500
24,250
24,000
23,800
23,550
23,300
NIFTY : Trading levels and plan for 29-Aug-2025📊 NIFTY TRADING PLAN – 29-Aug-2025
📌 Key Levels to Watch :
Opening & Last Intraday Resistance: 24,635
Resistance Zone for Sideways Move: 24,702 – 24,729
Major Resistance Above: 24,799
Opening Support Zone: 24,460 – 24,511
Last Intraday Support: 24,233
These levels highlight the battlefield where intraday buyers and sellers are likely to show their strength.
🔼 1. Gap-Up Opening (100+ points above 24,635)
If Nifty opens with a strong gap above 24,635, bullish momentum can extend.
📌 Plan of Action :
Sustaining above 24,702–24,729 (sideways resistance) can lift the index towards 24,799.
This zone is ideal for partial profit booking as supply pressure may emerge.
If the index fails to sustain above 24,702, expect sideways consolidation between 24,635–24,729 before any decisive move.
👉 Educational Note: On large gap-ups, avoid chasing momentum in the first 15 minutes. Wait for a pullback towards support for better risk-reward trades.
➖ 2. Flat Opening (Around 24,533 ± 50 points)
If Nifty opens flat near its current levels, the market will test supports and resistances for direction.
📌 Plan of Action :
Holding above 24,511 will keep momentum intact for a test of 24,635.
A breakout above 24,635 may lead to a rally towards 24,702–24,729.
On the other hand, slipping below 24,460 may invite selling pressure, opening the path to 24,233.
👉 Educational Note: Flat openings often lead to choppy sessions. Patience is crucial—wait for clear candle closes around levels before making a move.
🔽 3. Gap-Down Opening (100+ points below 24,460)
If Nifty opens sharply below 24,460, sellers will maintain an upper hand.
📌 Plan of Action :
Below 24,460, weakness can accelerate towards 24,233 (last intraday support).
Strong demand may emerge near 24,233; watch for long wicks or bullish reversal candles for intraday buying opportunities.
If 24,233 breaks decisively, the next phase of downside may trigger a deeper sell-off.
👉 Educational Note: Gap-downs often cause panic. Stick to your trading levels and avoid counter-trend entries unless there’s strong confirmation.
🛡️ Risk Management Tips for Options Traders
Limit risk to 1–2% of capital per trade .
Use hourly close stop-losses for confirmation.
Consider spreads (Bull Call / Bear Put) to reduce time decay impact.
Book profits in parts—don’t wait for exact top or bottom.
Track India VIX closely, as volatility affects option premiums.
📌 Summary & Conclusion
🟢 Above 24,635 → Rally towards 24,702–24,729 → 24,799 possible .
🟧 Flat near 24,533 → Watch 24,511 (support) and 24,635 (resistance) for breakout .
🔴 Below 24,460 → Weakness towards 24,233 (critical support zone) .
🎯 The tug-of-war lies between 24,460–24,635—whichever side breaks first will decide intraday trend.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This trading plan is purely for educational purposes and should not be considered investment advice. Please do your own research or consult a financial advisor before trading.
NIFTY : Trading levels and plan for 28-Aug-2025📊 NIFTY TRADING PLAN – 28-Aug-2025
📌 Key Levels to Watch :
Opening Resistance: 24,840
Last Intraday Resistance: 24,930
Major Resistance Above: 25,058
Important Support Zone for Reversal: 24,697 – 24,726
Last Intraday Support: 24,511
These levels will guide our decision-making depending on the type of opening.
🔼 1. Gap-Up Opening (100+ points above 24,840)
If Nifty opens above 24,840, bullish momentum will be active.
📌 Plan of Action :
Sustaining above 24,930 will likely attract buyers towards 25,058, which is the major resistance zone.
If Nifty fails to hold above 24,930, profit booking may drag it back to 24,840 support zone.
A breakout above 25,058 can extend the rally further, but this should be traded cautiously, as upside may face profit booking.
👉 Educational Note: Gap-ups often trigger early volatility due to overnight positions. Avoid chasing at the open; wait for confirmation candles before entering.
➖ 2. Flat Opening (Around 24,710 – 24,769)
A flat start around the immediate support/resistance range will decide short-term direction.
📌 Plan of Action :
If Nifty sustains above 24,769, it may gradually climb towards 24,840 → 24,930.
If it breaks below 24,697–24,726 (Reversal Zone), weakness may drag it down towards 24,511 (Last Intraday Support).
In flat openings, allow the first 30 minutes to define direction before committing capital.
👉 Educational Note: Flat openings are best suited for range traders in the first half, later moving into breakout mode once levels are breached.
🔽 3. Gap-Down Opening (100+ points below 24,697)
If Nifty opens below 24,697, it will show clear bearish pressure.
📌 Plan of Action :
Below 24,697, the index can slip quickly towards 24,511 (Last Intraday Support).
Any bounce from this zone should be treated as an opportunity to re-test resistances, not fresh bullish entry, unless sustained.
If 24,511 is broken with volume, a deeper fall may continue with more downside levels opening up.
👉 Educational Note: On gap-down days, follow the trend instead of trying to catch falling knives. Look for retests of broken supports before initiating shorts.
🛡️ Risk Management Tips for Options Traders
Risk only 1–2% of capital per trade.
Use hourly closing basis stop-loss for directional trades.
On gap-up/gap-down days, avoid naked options; prefer spreads to manage risk.
Do not overtrade if levels remain choppy between 24,769 – 24,840 (no-trade zone).
Track India VIX ; high VIX = wider stop-loss needed, low VIX = tight stop-loss.
📌 Summary & Conclusion
🟢 Above 24,930 → Possible upside to 25,058 .
🟧 Flat near 24,769 → Wait for breakout/breakdown .
🔴 Below 24,697 → Downside towards 24,511 .
🎯 Key Zone: 24,697 – 24,726 (Reversal Zone) will act as a pivot for the day.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is purely for educational purposes and should not be considered financial advice. Please consult your financial advisor before making trading/investment decisions.
Nifty: The Unfilled Gap ScenarioNifty 1H Price Action Analysis (Week of 25th Aug) ⏰
Hey Traders! Let's break down the Nifty's juicy setup for the week.
The market left us a gift: The Nifty's powerful gap-up has left a major unfilled gap (24673 - 24852), a 179-point void that's calling price back! 📞🔻 Gaps are like market magnets 🧲—they have a strong tendency to get filled. Price has already tapped twice (18th & 22nd Aug) at the gap's roof (24850), treating it like a trampoline. But how long can the bounce last?
📍 The Key Levels & The Story:
The Floor (24850): This is our line in the sand. A solid break and close below this on the 1H chart could open the trapdoor 🚪, sending Nifty on a quick ride down to grab those gap points. It's the trade with the wind at its back.
The Ceiling (25150): This is the recent high and descending trendline resistance. A break above is exciting, but we're smart traders—we don't chase! 🏃💨 We've all been fakeout victims.
✅ The Bullish "No Fakeout" Plan:
To avoid getting trapped, we wait for a "Break-and-Retest"! If price punches above 25150, we don't buy the breakout. We wait patiently for price to come back and kiss the 25150 level and hold it as new support. That is our green light 🚦 and the high-probability long entry for a continued upmove!
The Bottom Line: Bears are eyeing the gap. Bulls need to prove their strength with a clean break and hold above 25150. Neutral until one side wins!
Bank Nifty Hint: Unlike Nifty, Bank Nifty has already filled its similar gap, suggesting Nifty might be next in line to complete the move.
Trading Plan:
Short Signal: Break & close below 24850. 🎯 Target: The Gap Zone.
Long Signal: Break ABOVE 25150, then wait for a pullback that finds support at 25150.
⚠️ Disclaimer: This is strictly an intraday idea for educational purposes. Trading is incredibly risky and you can lose your capital. This is not advice.
Found this helpful? Please give it a Boost! 🔥
What stocks should we dive into next? Let me know below! 👇😊
NIFTY : Trading levels and Plan for 26-Aug-2025📊 NIFTY TRADING PLAN – 26-Aug-2025
On 25-Aug-2025, Nifty closed at 24,978, positioned between critical levels. The key support and resistance zones for tomorrow are:
Opening Support: 24,892
Opening Resistance: 25,005
Last Intraday Resistance: 25,091
Profit Booking Zone: 25,190 – 25,234
Last Intraday Support: 24,697 – 24,725
Now let’s go through possible scenarios.
🔼 1. Gap-Up Opening (100+ points above 25,091)
If Nifty opens above 25,091, it directly enters the bullish zone.
📌 Plan of Action:
Watch for sustainability above 25,091 in the first 15–30 minutes. If sustained, the index can march towards the Profit Booking Zone 25,190 – 25,234.
In this zone, expect some consolidation or profit booking. Fresh long positions should be cautious here.
If 25,234 is taken out convincingly, it may lead to another strong rally, but chasing at higher levels 🚫 is risky.
Failure to sustain above 25,091 may result in a pullback toward the 25,005 – 24,892 zone.
👉 Tip: On gap-ups, avoid aggressive buying at open. Wait for retracements near support to enter for better risk–reward.
➖ 2. Flat Opening (Around 24,892 – 25,005)
A flat start around the opening support–resistance zone will be a deciding factor for intraday trend.
📌 Plan of Action:
If Nifty sustains above 25,005, it will likely attempt a breakout towards 25,091 → 25,190–25,234 zone.
Failure to hold 24,892 will open downside towards 24,725 – 24,697 (Last Intraday Support).
In flat openings, the first 30 minutes are crucial. Let the index pick direction before entering.
👉 Tip: For options traders, flat openings are best for straddle/strangle adjustments. Capture volatility once direction confirms.
🔽 3. Gap-Down Opening (100+ points below 24,892)
If Nifty opens below 24,892, it will show bearish pressure right from the start.
📌 Plan of Action:
Below 24,892, the index can test the Last Intraday Support Zone: 24,725 – 24,697.
Buyers may attempt to defend this support, so expect a bounce opportunity here (good for scalpers).
If 24,697 is broken with volume, further downside continuation may occur.
Avoid panic shorts at the open — wait for a retest of resistance before entering for safer trades.
👉 Tip: After a gap-down, use put spreads instead of naked puts to manage risk in case of sharp reversals.
🛡️ Risk Management Tips for Options Traders
Risk only 1–2% of your capital per trade.
Always trade with a defined stop-loss . Do not average losing positions.
Avoid over-leveraging, especially in weekly expiry sessions ⚡.
Prefer spreads (Bull Call, Bear Put, Iron Condors) to reduce premium decay impact.
Track India VIX 📉 before entering — high VIX means bigger moves, low VIX means range-bound.
📌 Summary & Conclusion
🟢 Above 25,091 → 25,190–25,234 (Profit Booking Zone) .
🟧 Flat around 24,892–25,005 = Wait for breakout/breakdown confirmation .
🔴 Below 24,892 → 24,725–24,697 (Buyer’s defense zone) .
Key Pivot: 24,892 – 25,005 zone for intraday trend.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is purely for educational purposes and should not be considered financial advice. Please consult a financial advisor before making trading/investment decisions.
NIFTY : Trading level and plan for 25-Aug-2025Nifty Trading Plan for 25-Aug-2025
Key Levels from Chart:
Opening Resistance → 24,940
Opening Support → 24,809
Last Intraday Resistance → 25,021
Major Resistance Zone → 25,097
Last Intraday Support Zone → 24,703 – 24,729
Previous Close → 24,869.45
🚀 Scenario 1: Gap Up Opening (100+ points above previous close)
If Nifty opens above 24,970–25,000, bullish momentum may dominate the early session.
Immediate hurdle will be 25,021 (Last Intraday Resistance). If sustained, price can extend toward 25,097 zone where sellers are likely to emerge.
A rejection near 25,021–25,097 could bring the index back to retest 24,940 (Opening Resistance turned support).
Sustaining above 25,097 would be a strong bullish breakout, but the risk-reward for fresh longs reduces beyond this point.
💡 Plan of Action : Look for long entries above 25,021 with strict SL below 24,940. Target 25,097. If gap-up fails to hold and price slips below 24,940, consider cautious shorts for a move back to 24,809.
📊 Scenario 2: Flat Opening (within ±50–80 points of 24,870)
Flat openings often lead to consolidation before a breakout.
Price between 24,809 – 24,940 is a tight trading range, and whipsaws are common here.
Breakout above 24,940 can open upside toward 25,021 – 25,097.
Breakdown below 24,809 signals weakness, leading toward 24,729 zone (last intraday support).
💡 Plan of Action : Avoid aggressive trading inside 24,809–24,940. Take positions only after breakout above 24,940 (longs) or breakdown below 24,809 (shorts). Patience will protect you from false moves in a range.
⚠️ Scenario 3: Gap Down Opening (100+ points below previous close)
If Nifty opens near 24,750 or below, sellers will control the session.
First key level is 24,729–24,703 support zone. If held, expect a bounce toward 24,809–24,940 for intraday recovery.
If this support zone breaks decisively, downside opens further, and panic selling may take the index lower.
Failure to sustain below 24,703 can trap shorts, leading to sharp reversals upward.
💡 Plan of Action : Go short only if 24,703 breaks with strong volume, targeting lower levels. For scalpers, a bounce from 24,703–24,729 can be used for quick longs with a strict SL below 24,700.
📌 Risk Management Tips for Options Traders 💡
On gap openings, avoid chasing inflated premiums . Wait for price stabilization before entering.
Prefer spreads (bull call/bear put) over naked options to reduce theta decay risk.
Always set stop-loss on option positions — market can reverse quickly.
Keep intraday position sizing small (2–3% of capital per trade).
Use time-based exits (e.g., exit 30–45 mins before market close) if levels are not reached.
📝 Summary & Conclusion
Above 24,940, bullish bias can push Nifty toward 25,021 – 25,097 🚀.
Between 24,809 – 24,940, the market may consolidate ⚖️, avoid overtrading.
Below 24,809, weakness likely toward 24,703 – 24,729 ⚠️.
Below 24,703, strong downside risk opens.
👉 Key message: Stay disciplined, trade only on breakouts/breakdowns, and manage risk strictly.
⚠️ Disclaimer
I am not a SEBI registered analyst. This analysis is purely for educational purposes . Please consult your financial advisor before making any trading or investment decisions.
Nifty Trend AnalysisNifty has completed its corrective Wave B at 25,151 (Spot). It has now begun a sharp correction to complete Wave C. If this is a zig-zag correction, then Wave C is expected to end around 23,720, with TP2 at 22,936. The level of 23,463 will also play a crucial role in between. Generally, Wave 2 tends to be a slow correction phase where institutional accumulation takes place. If the price bounces to 24,917–24,876 or 24,952–25,068, these should be considered selling opportunities.
NIFTY : Trading levels and plan for 22_Aug-2025📌 Nifty Trading Plan for 22-Aug-2025
Key Levels from Chart:
Opening Resistance → 25,124
Opening Support → 25,033
Profit Booking Zone (Last Intraday Resistance) → 25,308 – 25,363
Opening Support in Gap Down Case → 24,951
Last Intraday Support → 24,849
Previous Close → 25,076.95
🚀 Scenario 1: Gap Up Opening (100+ points above previous close)
If Nifty opens above 25,175+, bullish sentiment will dominate the early session.
Immediate hurdle is 25,308 – 25,363 (Profit Booking Zone). Traders should expect selling pressure here as short-term players may book gains.
Sustaining above 25,363 can extend momentum further, but risk-reward weakens for fresh longs.
If rejection happens from 25,308–25,363, index could retest 25,124 support.
💡 Plan of Action : Look for long trades above 25,124 with confirmation, targeting 25,308–25,363. Trail stop-loss below 25,033. Book partials at resistance and avoid fresh longs if market looks tired near highs.
📊 Scenario 2: Flat Opening (within ±50–80 points of 25,077)
Flat openings often cause range-bound moves until a breakout.
Price between 25,033 – 25,124 is a No Trading Zone . Avoid entering inside this range to prevent whipsaws.
Breakout above 25,124 can trigger a rally toward 25,308 – 25,363 zone.
Breakdown below 25,033 opens weakness toward 24,951.
💡 Plan of Action : Stay patient. Go long only above 25,124 or short below 25,033. Inside range, avoid overtrading and save capital for directional clarity.
⚠️ Scenario 3: Gap Down Opening (100+ points below previous close)
If Nifty opens near 24,950 or below, sellers will dominate.
Support at 24,951 may attract intraday buying or short-covering bounce toward 25,033.
If 24,951 breaks decisively, expect further downside toward 24,849 (Last Intraday Support).
Failure to sustain below 24,951 can trap shorts, leading to a recovery back to 25,124 resistance zone.
💡 Plan of Action : Go short only if 24,951 breaks with volume, keeping stop-loss above 25,033. For scalpers, a bounce from 24,951 can be used for quick longs with strict SL.
📌 Risk Management Tips for Options Traders 💡
Never chase option premiums after a big gap — premiums are inflated, wait for retracements.
Stick to defined-risk strategies (spreads, butterflies) instead of naked buying.
Always use stop-loss on options since time decay works against buyers.
Avoid over-leveraging — allocate not more than 2–3% capital per trade.
Book partial profits near key levels 🎯 and trail the rest.
📝 Summary & Conclusion
Above 25,124, momentum can extend toward 25,308 – 25,363, where profit booking is expected 🚀.
Between 25,033 – 25,124, market is in a No Trading Zone ⚖️. Avoid traps.
Below 25,033, weakness toward 24,951, and if broken → 24,849 ⚠️.
👉 The day will be highly level-driven, and patience is key. Trade only at breakouts/breakdowns for clear setups.
⚠️ Disclaimer
I am not a SEBI registered analyst. This analysis is purely for educational purposes . Please consult your financial advisor before making any trading or investment decision.
#NIFTY Intraday Support and Resistance Levels - 20/08/2025Nifty is expected to open on a flat note around the 25,000 level, which will act as a crucial pivot for intraday direction. If the index sustains above the 25,000 mark after the opening, we can expect a positive momentum to build up, leading towards the upside targets of 25,150, 25,200, and 25,250+. A sustained breakout and follow-up buying above 25,250 could further strengthen the bullish sentiment for the short term.
On the contrary, if Nifty fails to hold above 25,000 and starts trading below 24,950–24,900, then a reversal short setup may get activated. In such a case, downside levels of 24,850, 24,800, and 24,750 could be tested, and weakness may extend further if selling pressure increases.
Overall, the 25,000 zone will act as the key decision point for today’s session. Traders should closely monitor price action around this level and trade with strict stop-losses to manage risk effectively.
14 Aug 2025 - Change of stance on Nifty at 24500 levelsNifty Stance Bullish 🐂
Nifty changed its stance from bearish to bullish on 12th August, Tuesday. If you are following me on Trading view, you would have got the email once this EMA crossover happened. Interestingly, Nifty made this reversal after a decent trend of 473 points.
Even though the reversal came, Nifty is still unable to break out from the resistance level of 24620. We are still hovering around 40 points away from the last crossover signal at 24580.
US markets, which are hitting a new high every day, compare this to our markets, which are tired and lacking momentum. We might need fresh triggers to escape from these levels and the US-India trade deal could be a big reason.
A possible trigger could be either a monetary policy relaxation (reduction of repo rates) or a fiscal policy relaxation (decrease in taxes) to boost production/consumption. We cannot reduce our repo rates, as the current 5.5% rate is only 1% higher than the US Fed rate of 4.5%. If we reduce our repo further, our debt and money market will crash, which points us to the only option of a tax cut.
Nifty swing Pullback Failure 15mins Hello,
Nifty again bounce from previous low/support levels of 24350 to high of 24700 and pullback is failed and falled again CMP 24510 ......50SMA support and RSI adjusted from overbought also more than 50% retracement near by 61% reatrce making it good Pullback Reversal Set up for swing+postional