NIFTY : Trading levels and plan for 07-Apr-2025📈 NIFTY Trading Plan – 07-Apr-2025
Chart Reference: 15-Minute Timeframe
Previous Close: 22,912.05
Key Zones to Watch:
🟥 Opening Resistance Zone: 23,092
🟥 Last Intraday Resistance: 23,274
🟧 Opening Resistance/Support Zone: 22,888 – 22,931
🟩 Last Intraday Support Zone: 22,573 – 22,645
🟢 Support Below: 22,369
Let’s dive into each opening possibility with educational insights and actionable steps:
🔼 Scenario 1: Gap-Up Opening (100+ Points Above 23,092)
A gap-up above the Opening Resistance of 23,092 indicates bullish enthusiasm. However, the region around 23,274 marks a crucial Last Intraday Resistance, where supply could emerge.
📌 Plan of Action:
Wait for price to sustain above 23,092 for 15–30 minutes with strong bullish candles and volume.
If sustained, consider long positions targeting 23,274. Book partial profits here.
A breakout above 23,274 may trigger a further upmove, but only if supported by volume. Targets could be 23,370+.
If Nifty opens above 23,092 but quickly drops below, it may trap longs. Wait for a retest before re-entering.
💡 Educational Insight:
Gap-ups often get sold into if not backed by strong follow-through buying. The region between 23,092 and 23,274 will act as a liquidity zone.
⚖️ Scenario 2: Flat Opening (Between 22,888 – 22,931 Zone)
A flat opening near the Opening Resistance/Support Zone (22,888 – 22,931) suggests indecision. This is a balance area, and price action will dictate the intraday trend.
📌 Plan of Action:
Wait and watch the first 15-minute candle for clarity.
If Nifty breaks above 23,092 with strength, ride it toward 23,274.
If it slips below 22,888, the downside opens toward 22,645 → 22,573.
This zone is a No Trade Zone until a clear breakout or breakdown. Avoid early trades.
💡 Educational Insight:
When Nifty opens in a balance zone, the best trade usually forms after a breakout/rejection from that zone. Let the market show its hand first.
🔽 Scenario 3: Gap-Down Opening (100+ Points Below 22,888)
A gap-down opening below the support zone (22,888) reflects negative sentiment. The Last Intraday Support Zone (22,573 – 22,645) will be the key battlefield.
📌 Plan of Action:
Observe if Nifty holds within the 22,573 – 22,645 area. If supported, expect a bounce back toward 22,888 – 22,931.
A breakdown below 22,573 opens the way toward 22,369.
Don’t chase shorts at open. Wait for a pullback toward 22,645 – 22,700 to initiate fresh positions with better risk-reward.
If price stabilizes around 22,573, scalping opportunities on both sides may appear.
💡 Educational Insight:
Gap-downs near strong support zones often result in short-covering rallies. Watch for reversal patterns like hammer or bullish engulfing candles on 15-min chart.
🛡️ Options Trading Risk Management Tips
📍 1. Avoid Overnight Positions in Weekly Expiry Zone: Theta decay and volatility can hurt your premium positions.
📍 2. Prefer Spread Strategies: Like bull call or bear put spreads to control risk.
📍 3. Use Defined Stop-Loss: Always keep SL based on candle close (15-min or hourly).
📍 4. Limit Position Sizing: Never risk more than 1-2% of your capital in a single trade.
📍 5. Avoid Trading Inside Range: When market is choppy between 22,888 – 23,092, stay light. Wait for confirmation.
🧾 Summary & Conclusion
📌 Key Resistance Levels:
🟥 23,092 → 23,274 → 23,370+
📌 Support Levels:
🟧 22,888 – 22,931
🟩 22,573 – 22,645
🟢 22,369
📌 Bias Based on Opening:
✅ Bullish Bias: Above 23,092, momentum toward 23,274 likely.
❌ Bearish Bias: Below 22,888, risk of fall toward 22,573 → 22,369.
⏸️ Neutral Zone: Inside 22,888 – 22,931, let market decide.
🎯 Stick to the plan, manage risk like a pro, and remember – patience is the best indicator!
⚠️ Disclaimer
I am not a SEBI-registered analyst . This analysis is purely for educational purposes only . Please do your own research or consult your financial advisor before taking any trade decisions.
Niftyoutlook
NIFTY50 - DON'T MISTAKE THIS RALLY FOR A TREND REVERSALSymbol - NIFTY50
CMP - 23350.40
The Nifty50 is still trading within a bearish technical structure. As of now, the index is currently trading at 23350 after a strong up move. Given the ongoing downtrend and resistance levels, there is a strong possibility that Nifty may experience a pullback from these levels.
I had shared a trading idea on Nifty50 when it was trading around the 21900-22100 levels, stating that a retracement on the long side was due and that it could easily touch the 22800-23000 levels. Nifty gave a strong up move from those levels, and both targets have been reached.
Upon closer inspection of the Nifty chart, it is evident that the index is still in a downtrend, making lower lows since the beginning of its fall. We witnessed a sharp rally from the 21800-22000 zone, which is common in a bear market. Such sharp rallies are often misinterpreted as trend reversals, but in reality, the faster these rallies come, the quicker they tend to get sold.
The bearish structure remains intact and has not been broken. For now, Nifty still appears to be a sell on rise. For those following the trend, the 23300-23600 zone is the ideal range to go short, as this area aligns with a strong resistance zone and the formation of another swing high.
At this point, it seems likely that the market may consolidate between the 23300-23600 zone before showing a sharp down move. If the market does reverse its trend, we can only consider that possibility after a breakout above the 24000 zone, which would be a key signal for a trend shift.
NIFTY : Intraday Trading Levels and Plan for 04-Apr-2025📌 NIFTY Trading Plan – 04-Apr-2025
📊 Market Overview:
Nifty closed at 23,241.60, showing signs of consolidation around a key support zone. The opening resistance at 23,308 and opening support at 23,211 – 23,182 will be crucial in determining the day's trend.
To navigate this session effectively, we will analyze all potential market opening scenarios and provide an actionable trading strategy.
🔼 Scenario 1: Gap-Up Opening (100+ points above 23,308)
A gap-up above 23,308 signals bullish momentum, but the intraday resistance zone of 23,453 – 23,540 will determine if the rally continues.
✅ Plan of Action:
If Nifty sustains above 23,308, expect a move towards 23,453 → 23,540. A breakout above 23,540 could trigger further buying towards 23,712.
If Nifty faces rejection at 23,453 – 23,540, expect a pullback towards 23,308, where it may either bounce or break down.
Avoid aggressive long positions near 23,540 unless a strong breakout with volume occurs.
🎯 Pro Tip: If the gap-up struggles to hold 23,308 in the first 15 minutes, profit booking may follow, leading to consolidation or a dip.
⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,241)
A flat opening suggests indecision, where price action around the opening support (23,211 – 23,182) and resistance (23,308) will set the trend.
✅ Plan of Action:
Upside case: If Nifty sustains above 23,308, expect a test of 23,453 – 23,540.
Downside case: If Nifty slips below 23,211, it could test 23,182, followed by 23,051 (last buyer’s support zone).
No Trade Zone: Avoid trading inside 23,211 – 23,308 unless a strong breakout or breakdown occurs.
🎯 Pro Tip: Wait for a strong 15-minute candle close outside the range before initiating a trade to avoid false breakouts.
🔽 Scenario 3: Gap-Down Opening (100+ points below 23,182)
A gap-down below 23,182 indicates bearish sentiment, with key support at 23,051 being the last buyer’s zone.
✅ Plan of Action:
If Nifty sustains below 23,182, expect a decline towards 23,051. A breakdown below 23,051 could push the index towards 22,907.
If Nifty finds support at 23,051 and rebounds, look for a possible recovery towards 23,182 → 23,211.
Avoid panic shorting on a gap-down open; wait for confirmation before entering trades.
🎯 Pro Tip: A gap-down near a strong support zone could trigger a short-covering bounce. Wait for a reversal signal before taking long positions.
⚠️ Risk Management Tips for Options Traders
🛑 Avoid Over-leveraging – Stick to defined risk per trade and avoid emotional trading.
⌛ Theta Decay Awareness – If the market remains sideways, option premiums will erode rapidly.
🔄 Use Spreads for Risk Control – Consider hedged positions like Bull Call or Bear Put spreads instead of naked options.
📊 Trade at Key Levels – Avoid random trades; focus on high-probability setups.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,308 → 23,453 → 23,540 → 23,712
🟧 Opening Support/Resistance Zone: 23,211 – 23,182
🟩 Support: 23,051 → 22,907
🔸 Bullish Bias: Above 23,308, targeting 23,453 – 23,540
🔸 Bearish Bias: Below 23,182, expecting a drop towards 23,051 – 22,907
🔸 Neutral/Choppy: Inside 23,211 – 23,308, wait for a breakout
🎯 Final Advice:
Stick to the trading plan and execute trades only at key levels.
The first 15-30 minutes will define market sentiment—observe price action carefully.
Risk management is crucial—never risk more than you can afford to lose.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
🚀 Stay updated with real-time trade setups!
NIFTY : Trading levels and plan for 03-Apr-2025📌 NIFTY Trading Plan – 03-Apr-2025
📊 Market Overview:
NIFTY closed at 23,330.80, showing signs of recovery from the last intraday support level at 23,182. The opening support/resistance zone (23,344 – 23,361) will be the critical level to watch. The broader trend will be determined by price action near 23,426 – 23,452 resistance and 23,182 – 23,077 support zones.
To trade effectively, let's analyze all possible opening scenarios and structure a trading plan accordingly.
🔼 Scenario 1: Gap-Up Opening (100+ points above 23,426)
A gap-up above 23,426 signals bullish momentum, but the resistance zone at 23,452 – 23,504 will determine whether buyers can sustain higher levels.
✅ Plan of Action:
If NIFTY holds above 23,426, it may attempt to break 23,452 and head toward 23,504. A sustained move above 23,504 can push the index towards 23,575.
If price struggles near 23,452 – 23,504, expect profit booking and a potential retracement towards 23,361 → 23,344. A breakdown below 23,344 could trigger further selling towards 23,298.
Avoid aggressive longs at resistance (23,452 – 23,504) unless a strong breakout with volume occurs. Instead, look for either a retest entry or a breakout confirmation.
🎯 Pro Tip: If the gap-up fails to hold 23,426 within the first 15 minutes, it indicates weak buying strength, increasing the probability of a pullback.
⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,330)
A flat opening suggests indecision, where price action near the opening support/resistance zone (23,344 – 23,361) will determine the direction.
✅ Plan of Action:
Upside case: If NIFTY sustains above 23,361, expect a move towards 23,426 → 23,452. A breakout above 23,452 could push it towards 23,504.
Downside case: If NIFTY falls below 23,344, expect a decline towards 23,298 → 23,182. A breakdown below 23,182 will confirm bearish momentum.
No Trade Zone (23,344 – 23,361): Avoid trading within this range unless a clear direction is established.
🎯 Pro Tip: Patience is key in a flat opening. Wait for a strong 15-minute candle closing outside the range before entering a trade.
🔽 Scenario 3: Gap-Down Opening (100+ points below 23,182)
A gap-down below 23,182 indicates bearish sentiment, with buyers likely to step in near the major support zone (23,077 – 23,000).
✅ Plan of Action:
If NIFTY sustains below 23,182, expect a drop towards 23,077 → 23,000. A breakdown below 23,000 could accelerate selling towards 22,907.
If NIFTY finds support at 23,077 and rebounds, look for a potential recovery towards 23,182 → 23,298. A strong breakout above 23,298 would signal a bullish reversal.
Be cautious of bear traps – If the market gaps down but quickly recovers, short-covering rallies can trigger a sharp upside move.
🎯 Pro Tip: If the gap-down happens near a strong support zone, wait for bullish confirmation (e.g., reversal candlestick patterns) before going long.
⚠️ Risk Management Tips for Options Traders
🛑 Avoid Over-leveraging – Maintain proper position sizing to control risk.
⌛ Theta Decay Awareness – Sideways movement will erode option premiums; avoid buying options in a choppy market.
🔄 Use Spreads for Risk Control – Instead of naked options, use spreads to hedge and improve probabilities.
📊 Trade at Key Levels – Avoid random trades; focus on well-defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,426 → 23,452 → 23,504 → 23,575
🟧 Opening Support/Resistance Zone: 23,344 – 23,361
🟩 Support: 23,298 → 23,182 → 23,077 → 23,000
🔸 Bullish Bias: Above 23,426, targeting 23,452 – 23,575
🔸 Bearish Bias: Below 23,182, expecting a drop towards 23,077 – 23,000
🔸 Neutral/Choppy: Inside 23,344 – 23,361, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
🚀 Stay updated with live trade setups!
NIFTY : Trading levels and Plan for 01-Apr-2025📌 NIFTY Trading Plan – 01-Apr-2025
📊 Market Overview:
NIFTY closed at 23,179, forming a consolidation base near the Opening Support Zone (23,164 – 23,210). The index has shown sharp volatility in previous sessions, and its next move will depend on how price reacts at key resistance and support levels.
For a disciplined and well-planned approach, let’s analyze all possible opening scenarios and formulate a structured trading plan accordingly.
🔼 Scenario 1: Gap-Up Opening (100+ points above 23,275)
A gap-up above 23,275 suggests bullish momentum, but whether it sustains or reverses will depend on the key resistance zone (23,351 – 23,385).
✅ Plan of Action:
If NIFTY sustains above 23,275, expect a bullish move towards 23,351 → 23,385. If it breaks and holds above 23,385, the rally could extend towards the major resistance at 23,502.
If price faces resistance at 23,351 – 23,385 and starts reversing, expect a pullback toward 23,275 → 23,210. A breakdown below 23,210 could signal further weakness.
Avoid entering long trades directly at 23,351 – 23,385, as this is a potential profit-booking zone. Look for either a clean breakout or a bearish rejection before making a move.
🎯 Pro Tip: If the gap-up starts fading in the first 15-30 minutes, it indicates weak buying pressure, increasing the probability of a sell-off.
⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,179)
A flat opening near 23,179 suggests indecision, where price action will decide the next direction. The critical range to watch is 23,164 – 23,275.
✅ Plan of Action:
Upside case: If NIFTY breaks and sustains above 23,275, it may test 23,351 → 23,385. Monitor price action near these levels before entering fresh longs.
Downside case: If NIFTY breaks below 23,164, it could slide towards 23,067 → 22,907. A breakdown below 22,907 would confirm further downside pressure.
Avoid trading inside the No Trade Zone (23,164 – 23,275), as price might consolidate before a decisive move.
🎯 Pro Tip: In a flat opening, wait for a strong 15-minute candle close above/below key levels before taking any trade.
🔽 Scenario 3: Gap-Down Opening (100+ points below 23,067)
A gap-down below 23,067 could indicate selling pressure, but strong buyers might step in around the 22,907 support zone.
✅ Plan of Action:
If NIFTY sustains below 23,067, expect a decline towards 22,907. A breakdown below 22,907 could extend the fall to 22,800 – 22,750.
If NIFTY finds support at 22,907 and rebounds, expect a recovery towards 23,067 → 23,164. A strong close above 23,164 would signal buyer strength.
Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to a sharp upside reversal.
🎯 Pro Tip: If the gap-down occurs near a major support zone, wait for bullish confirmation (e.g., reversal patterns) before going long.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Proper position sizing is key to managing risk.
🔹 Theta Decay Awareness – If the market consolidates, option premiums will decay rapidly.
🔹 Use Spreads for Protection – Instead of naked options, use spreads to control risk and improve trade probabilities.
🔹 Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,275 → 23,351 → 23,385 → 23,502
🟧 No Trade Zone: 23,164 – 23,275
🟩 Support: 23,067 → 22,907 → 22,800
🔸 Bullish Bias: Above 23,275, targeting 23,351 – 23,502
🔸 Bearish Bias: Below 23,067, expecting a fall towards 22,907 – 22,800
🔸 Neutral/Choppy: Inside 23,164 – 23,275, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
NIFTY : Intraday Trading levels and Plan for 26-Mar-2025
📊 Current Market Status:
NIFTY closed at 23,605.95, showing a decline from recent highs. The price action suggests that the index is at a crucial juncture, with key resistance and support levels defining tomorrow’s possible movement. Let’s analyze the plan for different opening scenarios.
🔼 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY opens above 23,734, it will enter the Opening Resistance Zone (23,734 – 23,810), which is a crucial level for bulls. A sustained breakout above this zone will determine further upside movement.
✅ Plan of Action:
If NIFTY sustains above 23,810, expect a move towards 23,931 (last intraday resistance). A further breakout above 23,931 could take it towards 24,087 (Profit Booking Zone).
If the index rejects 23,810 and starts reversing, look for short opportunities targeting 23,734 → 23,605.
Avoid trading within the No Trade Zone (23,734 – 23,810) unless a clear breakout or breakdown occurs.
🎯 Pro Tip: A strong gap-up near 23,810 might trigger profit booking, so avoid aggressive longs unless momentum is confirmed.
⚖ Scenario 2: Flat Opening (Within ±100 points)
A flat opening around 23,605 means NIFTY is indecisive, requiring confirmation at key levels before entering trades.
✅ Plan of Action:
Upside case: If NIFTY breaks above 23,734, it could retest 23,810, and a breakout above that can push it towards 23,931 – 24,087.
Downside case: If the index breaks below 23,605, expect selling pressure towards the Opening Support Zone (23,476 – 23,501).
Neutral Approach: Avoid trading within the No Trade Zone (23,734 – 23,810) unless a strong breakout occurs.
🎯 Pro Tip: If volatility is low, options traders can use Iron Condors or Straddle Sells for range-bound strategies.
🔽 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY opens below 23,476, bearish sentiment might take control, and we must assess the strength of support zones.
✅ Plan of Action:
If price sustains below 23,476, expect a decline towards 23,297 (Last Intraday Support).
If price takes support at 23,476 – 23,501 and rebounds, a potential pullback entry can be considered, targeting 23,605 – 23,734.
Watch for trap setups—if NIFTY opens low but quickly reverses above 23,476, it could be a bear trap leading to a short squeeze.
🎯 Pro Tip: In a gap-down scenario, avoid panic selling and wait for a breakdown retest before entering trades.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Trade within your risk capacity and manage exposure wisely.
🔹 Theta Decay Awareness – Options traders should be mindful of premium decay, especially near expiry.
🔹 Hedge Your Positions – Use spreads instead of naked options to reduce risk.
🔹 Wait for Confirmation – Never enter trades based on emotions; always wait for price action confirmation.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,734 → 23,810 → 23,931 → 24,087
🟧 No Trade Zone: 23,734 – 23,810
🟦 Support: 23,476 – 23,501 → 23,297
🔸 Bullish Bias: Above 23,810 for targets of 23,931 – 24,087
🔸 Bearish Bias: Below 23,476 for a move towards 23,297
🔸 Neutral/Range-Bound: If price remains between 23,734 – 23,810
🎯 Final Advice:
Follow levels with discipline.
Avoid overtrading in No Trade Zones.
Let the first 15-30 minutes settle before making aggressive trades.
📢 Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please do your research or consult with a financial advisor before making trading decisions.
🚀 Stay updated on live trading levels & setups!
NIFTY : Intraday Trading Levels and Plan for 25-Mar-2025📅 NIFTY 50 Trading Plan – 25th March 2025
⏰ Timeframe: 15-min | 📊 Index Spot Reference: 23,674
🔍 Opening Scenario 1: GAP-UP Opening (100+ points)
If NIFTY opens significantly higher and trades above the 23,750 mark:
Keep a close eye on the Opening Resistance Zone between 23,863–23,931 . This area has historically acted as supply pressure, and price may show signs of rejection or pause here. If price action shows exhaustion in this zone (long upper wicks or bearish reversal candles), it can offer a high-probability short opportunity with tight risk. If a 15-min candle sustains and closes above 23,931 , Nifty may continue its bullish momentum towards the next level around 24,089 – marked as the “Last and Strong Resistance for Intraday.” Avoid aggressive buying near resistance. Instead, look for a pullback entry post-breakout with SL below the breakout candle’s low.
🧠 Tip: Don’t chase price. Let it stabilize before entry. In options, use OTM puts to short with defined SL and strict risk reward of at least 1:2.
🔍 Opening Scenario 2: FLAT Opening (±100 points)
If NIFTY opens near Friday’s close (23,651–23,674):
Wait for the first 15–30 mins to settle volatility. The price is currently in the middle of a decision zone. Watch for directional cues near 23,582–23,651 . Holding above this zone with strength can signal a move towards resistance zones mentioned above. If the index breaks below 23,582 , it may test the next demand zone between 23,507–23,491 . For bullish bias, price must sustain above 23,651 with volume and momentum. Look for bullish reversal candles like Hammer or Bullish Engulfing for confirmation.
🧠 Tip: For flat openings, straddles or strangles can be considered in options, but manage the premiums with strict SL, especially if the index remains range-bound.
🔍 Opening Scenario 3: GAP-DOWN Opening (100+ points)
If NIFTY opens around or below 23,500:
Watch 23,507–23,491 zone for any immediate bounce-back reaction. If buyers step in with volume, a quick pullback to 23,582+ is possible. If price slips below 23,491 , then 23,368 becomes the last support for the day. Breakdown below 23,368 could lead to a sharp fall toward lower psychological supports. Reversal trades should only be taken if there’s a bullish candle confirmation near support zones with increasing volume. If Nifty stabilizes and forms a base near 23,368, short-covering rallies can be sharp and tradeable.
🧠 Tip: Use spreads (bear call or bull put) in high volatility gaps. Avoid naked options with aggressive sizing post gap-down as premiums get inflated.
💡 Risk Management Tips for Options Traders:
Always trade with a fixed capital allocation per setup – ideally 2–5% of total capital. Don’t hold losing positions past your defined stop loss – honor SL with discipline. For intraday option trades, use 5-min/15-min candles to trail SL for locking in profits. Avoid holding zero-value options till expiry unless it's part of a hedge. Focus more on setups with favorable risk-reward, not just option premiums.
📌 Summary & Conclusion:
✅ Upside Zones to Watch: 23,863–23,931 (resistance), 24,089 (extension target)
✅ Support Zones: 23,582 → 23,507 → 23,491 → 23,368
✅ Strategy Focus: Wait for clear price action in respective zones; avoid emotional trades on gap days. Respect the market structure and plan trades only with confirmations.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is shared purely for educational and informational purposes. Please consult with your financial advisor before making any trading decisions.
Nifty 50 upcoming levelThe Nifty 50 has recently formed a bottom around 21,964.
Nifty is showing a one-directional move from that level, and momentum is increasing with each candle.
Previously, Nifty faced resistance around 23,780, and the current price is 23,658, just 120 points away from the previous resistance.
After a quick rally, Nifty 50 may encounter resistance near 23,780, and an Inverse Head & Shoulders formation is possible.
Note: Resistance does not guarantee a confirmed reversal, but we need to monitor price action at that level to determine whether it is breaking and sustaining the resistance.
Stay tuned for more updates!
Hit the Boost button for regular updates!
NIFTY Prediction for Tomorrow – March 25, 2025What happened on last day:
As we discussed, the NIFTY has been in a sideways accumulation phase, and it has now broken to the upside.
If we look at the chart now:
The market is trading just below the 200 EMA (1D-tf) , which is acting as a strong resistance. Price has shown strong bullish momentum and has successfully broken out from the descending PINK trendline , which had held the price for over 10 months.
Structure-wise, NIFTY is forming higher highs and higher lows , suggesting a clear shift in momentum from bearish to bullish.
Price is trading above the 13, 50, and 100 EMAs , but still below the 200 EMA , which remains the immediate level to cross.
RSI = 64 , showing strong bullishness but not yet in the overbought zone — bulls still have strength.
Price is also trading above VWAP , confirming healthy bullish bias on the day.
All important breakout levels, retest zones, and trendlines are clearly marked on the chart.
Support levels: 22,775, 21,987, 21,840
Resistance levels: 23,600, 23,870, 24,790
If we look at the OI data:
PCR = 1.1 , showing a strong bullish structure in the options market.
There is strong Put writing at 23,000, 23,100, and 23,200 levels which are likely to act as near-term supports.
On the upside, significant Call writing is seen at 23,600, 23,700, and 23,800 levels — making them key resistance levels.
We are currently in the last week of the March monthly expiry (27 Mar) , so this OI structure gives strong directional cues.
If we look at the news & sentiment:
INDIA VIX = 12.6 , showing low volatility expectations.
No negative macro or global cues, INR and crude oil are stable.
Sentiment across financial media is cautiously bullish , with attention on whether NIFTY can sustain above the 23,600 zone.
I am expecting
The market to be sideways to bullish unless it breaks above 23,600 decisively, which could lead to further rally toward 23,870 and 24,790 .
Reasons:
✅ Breakout from 10-month falling channel
❗Price > EMA(13, 50, 100) but just below 200 EMA (Bullish but watch for breakout)
✅ Volume spike confirms institutional participation
✅ Clean higher-low structure forming
✅ Above 50 EMA and approaching 200 EMA
Verdict: Sideways or Bullish
Plan of action:
Sell 23,600 CE and 23,600 PE — hold the position within range.
Exit one leg if price breaks on either side with momentum and volume.
NIFTY 1D Technical Commentary on Market Maker Shifts- Nifty is currently trading at 23,395 up 6.5% from its recent high
- Nifty has still not flipped its structure so enjoying this rally doesn't look right
- Observation: Wait for a market structure shift above 23,828 and a weekly close above, this will help Nifty consume the sellers and make a bullish structure shift
- Two paths drawn signifies these 2 possibilities
- The red path shows we will deviate above the market structure shift trap many bids and long traders post that we will drop straight down
- The green path signifies we will reject straight from the Market Structure shift liquid zone and take out all the inefficiencies created and post that we might see an impulsive wave by trapping more shorts out.
- Everything depends on how the reaction is going to be
Dead Cat Bounce or Trend Reversal: What's Next for the Nifty?● After a significant decline from its all-time high, Nifty found strong support near the 22,000 level.
● Since then, the index has rebounded and recently breached its trendline resistance, signaling a potential shift in market sentiment. 🚀
📊 Open Interest (OI) Data Analysis:
● The OI data indicates a substantial increase in put open interest at the 23,000 strike price, establishing this level as a key immediate support.
● Conversely, the 23,500 strike price has emerged as a strong resistance zone, with the highest concentration of call OI.
❓ Key Question:
Has the Nifty truly bottomed out, or is there still room for further correction? 🤔
💬 Share your insights and perspectives in the comments below! 👇
Nifty weekly analysis for 17/03/2025Nifty is trading between 100 EMA (weekly) and 20 EMA (daily). A good support from the weekly moving average is there and resistance on the daily charts.
A continuous support from 22300 level is there as the market has remained in a range whole week.
If the market tried to breach the support level, the support of weekly 100 EMA can be the other support around 22030 else it will take support around 21800.
In case the market starts to recover from the bottom and creates a higher high higher low formation it has to take out the resistance of 22650 and 22758.
Major levels are plotted in the charts. Just wait for the price action to confirm the entry into a trade else another sideways market can be seen.
Inside candle formation on the daily charts is also there and break out/down can be traded accordingly. Different trading approaches can help in capturing a good trade.
Wait for the price action near the levels before entering the market.
NIFTY50 - TRADING NEAR KEY SUPPORT ZONESymbol - NIFTY50
CMP - 22250
The Nifty50 index continues to maintain a negative bias, with the price action suggesting that it remains within bearish trend. This indicates the continuation of the downtrend, though we are currently seeing the index testing key support levels. At the moment, Nifty is trading near the 22200 area, which is a critical support zone. Technical indicators are also hinting at the fact that markets are oversold at current levels. Given the underlying support zone & oversold conditions, there's a high probability of a short-term bounce before the downward momentum resumes.
Looking at the immediate price structure, we are likely to witness a potential retracement towards resistance zones around 22800 and 23000. These levels are in line with the Fibonacci retracement levels, offering opportunities to enter long positions with a favorable risk-reward ratio. Traders can look for a bounce from current support levels and expect a move towards these resistance zones.
we are now at a critical juncture where a potential bounce could provide opportunities for short-term longs.
Given the technical setup, I am taking long positions in Nifty Futures at CMP 22250. I will look to add more positions if the price reaches 22100-22050 range. My SL is set at 21970 to manage risk, ensuring protection in case the price fails to hold the demand zone and continues lower.
Key resistance remains around 23400. A sustained move above this range could suggest a potential shift from a bearish trend to a neutral or even bullish outlook. However, until the index decisively moves above these levels, the preferred strategy remains to sell at resistance and buy at support, capitalizing on any short-term retracements.
In conclusion, while the short-term outlook offers potential for a bounce, the broader trend remains bearish. Therefore, the approach should be to look for long positions at favorable support levels.
Disclaimer: The information provided here should not be construed as a buy or sell recommendation. It reflects my personal analysis and my trading position. Please consider this trading idea for educational purposes only. Thank you!
Can NIFTY Regain Its Balance or Will It Plummet Further?Timeframe: 4h
After reaching a peak of 26,277 , the NSE NIFTY has begun to decline within a downward parallel channel. The Elliott wave structure can be identified as (W) – (X) – (Y) , where wave (X) peaked at 24,867 , followed by a downward movement for the final wave (Y). The price has fallen below the 20 , 50 , 100 , and 200 EMA levels, with an ATR of 166.36 .
The correction has several key levels to consider:
At 100% retracement of wave (W) at 21,962
At 100% retracement of wave (a) at 22,827
At the lower boundary of the corrective channel
Bearish sentiment is currently stronger than buyer demand. A reversal may occur either after a breakout from the parallel channel or at the lower boundary of the channel. This is possible as long as the swing low of 21,283 remains intact.
We will update further information soon.
Nifty weekly analysis for 10/03/2025.Is this the end of the fall or its just a retracement. The market after a while has given some hope of a green week.
It is a retest or a base formation no body knows. Nifty is trading around 22550 levels and looks somewhat positive for the coming week.
Market is still in the down trend and bullish trend will only be confirmed once a 'W' pattern is formed on higher time frame or a break out is done.
On the hourly charts, market remained in a range for the last trading session, the sideways market can continue as it may form a base and trend reverses from here.
In case the market remains in the trend lower levels of 21800-850 might be coming. Else market may start travelling on the higher side hitting the resistance levels.
Major support levels :- 22310-360, 22050-090
Resistance levls :- 21620, 21760
A gap filling trade on the higher side can be seen in the coming week as a gap is pending.
Watch for the price action and trade accordingly. A sideway or volatile market is more probable as the market has been trading in a trend.
Reasons for a Neutral to Cautiously Bullish StrategyBased on current trends, technical analysis, and market forecasts, the investment strategy for Nifty 50 can be categorized as Neutral to Cautiously Bullish.
Reasons for a Neutral to Cautiously Bullish Strategy:
1. Technical Indicators:
Support Zone: 23,900–24,000 (if held, could lead to a rebound).
Resistance Levels: 24,500–24,800 (needs a breakout for a stronger rally).
Higher Lows & Recovery Attempts: A recent bounce from a key support level suggests potential stabilization.
2. Market Sentiment & News Impact:
Trade Policy Uncertainties: The market remains volatile due to global economic concerns.
Sector Strength: IT and banking stocks show resilience, supporting a potential uptrend.
Corporate Earnings & GDP Growth: Forecasts indicate moderate growth, supporting a recovery.
3. Institutional Forecasts:
PL Capital’s Target: 27,867 in 12 months (bullish outlook).
Nomura’s Range: 21,800–25,700 (neutral to moderate growth).
Jefferies’ Growth Projection: 10% gain by year-end, targeting 26,000.
Investment Strategy:
Short-Term: Neutral – Monitor price action around 24,000–24,500 before taking aggressive positions.
Medium to Long-Term: Cautiously Bullish – If Nifty sustains above 24,500, it may enter a new uptrend, making it a buy-on-dips opportunity.
Risk Management: Maintain stop-losses near 23,700 to avoid downside risks.
Nifty 50 upcoming expiry OTM options writing play.so Nifty succesfully has formed two harmonics pattern.
1. 5-0 pattern which typically pesents a bullish view.
2. Cypher pattern which presents a bearish view in a short term.
according to this, one must have to close their CE writing positions at 22180 or 22105.15 and start writing the PE options of 22150 strike or whichever they are comfortable in it. whoever had left their chance in writing it.
if someone is comfortable in futures, than with a tight hedge one can go long at these points.
our stoploss should be below recent low of 21964.60
target 22582 or nearby it.
NIFTY prediction for tomorrow 5th March 25Nifty has been falling continuously for a month. If we look at the structure using price action.
If we look at the chart now:
The market is trading near the support zone. The market might take support at nearly 22,000 levels. Price is trading far away from the EMA, which shows the market is going to take some pullback to the upside. The market is going to be sideways for some time unless it breaks the Pink trendline to the upside.
Support levels: 21840, 21250
Resistance levels: 22775, 23488, 50 EMA, 200 EMA
If we look at the OI data:
PCR = 0.8, which shows a slightly bullish structure in the market. The market has 22100 as max pain. The market has good PE writing at lower levels; 22000 and 21900 have very good PE writing, which will act as good support in this area.
I am expecting
The market is to be sideways unless it breaks the PINK trendline.
Reason:
RSI = 21 shows a bullish structure. (Weak Bearish -> Bulls might start buying, soon)
Price < EMA(13, 50, 200), which indicates a good Bearish structure. (Bearish)
PCR = 0.8 indicates a slightly bullish bias direction in the market.
Price < VWAP shows a good Bearish structure in the market.
Verdict: Sideways
Plan of action:
follow the chart levels. You better go with the bound strategy.