Nifty Expiry Day Play Heads-Up for Tomorrow’s Market (Especially for Expiry Day Players)
So tomorrow could be a strong day for the bulls — but hey, it’s Weekly Expiry for Nifty.
This means: after 2 PM, the game might flip. People might start booking profits, and the trend could slow down or reverse.
Bottom line? Trade smart. No need to rush — let the market show its hand first.
If You’re Looking to Buy:
Case 1:
Market opens near 23,500
Takes a bounce from 23,450 (today’s high)
→ That’s your green signal to go long.
Expected Gain: 75–100 points
Safety Tip: Place your stop-loss just below support.
Case 2:
Market opens flat
Drops to around 23,400–23,380
→ That’s a strong demand zone. Could be a good entry for buyers.
If You’re Looking to Sell:
Case 1 (After 2 PM):
Market shows signs of reversal from the top levels
→ Plan your short trade from there.
Target: 80–120 points
But remember: Let the market form a peak first — don’t jump the gun.
Case 2 (Breakdown Setup):
Nifty slips below 23,350
Stays weak for at least 15 minutes
→ Possible drop toward 23,250–23,200.
Pro Tips:
Don’t overstay in trades on expiry day — it can turn risky.
Grab your profits early. Quick scalps > long holds.
Wrote this with real effort — if it helps even a bit, that’s a win!
Niftytradesetup
MRF: Inverted Head & Shoulders Breakout |Targets Ahead! MRF has confirmed a breakout from an Inverted Head & Shoulders pattern on the daily chart, signaling a potential bullish trend reversal. The breakout has occurred with strong volumes, adding conviction to the move.
🔍 Trade Setup:
Buy Above: ₹115,579
Stop Loss: ₹111,230 (Closing Basis)
Targets:
🎯 Target 1: ₹118,028
🎯 Target 2: ₹120,443
🎯 Target 3: ₹123,358
🎯 Target 4: ₹126,157
🎯 Target 5: ₹129,019
The pattern structure aligns well with Fibonacci extension levels and previous resistance zones, providing a favorable risk-to-reward ratio.
📌 Chart Highlights:
Breakout above neckline with volume surge
Positive RSI momentum confirming breakout strength
Price sustaining above key moving averages
⚠️ Disclaimer:
I am not a SEBI-registered advisor. This analysis is shared for educational and informational purposes only. Please consult your financial advisor before making any investment or trading decisions. Trade at your own risk.
Option TradingIf you're looking for a simple options trading definition, it goes something like this: Options trading gives you the right or obligation to buy or sell a specific security on or by a specific date at a specific price. An option is a contract that's linked to an underlying asset, such as a stock or another security.
Berger Paints | Inverted Head & Shoulders Breakout Breakout Analysis:
Berger Paints (NSE: BERGEPAINT) has given a breakout from an Inverted Head & Shoulders pattern on the daily chart, indicating a potential bullish move ahead. The breakout level is around ₹509, which now acts as immediate support.
Trade Setup:
📈 Entry: ₹509 (Breakout Level)
🔹 Stop Loss: ₹487 (Below the right shoulder)
🎯 Targets:
Target 1: ₹520.45
Target 2: ₹530.60
Target 3: ₹542
Technical Observations:
✅ Volume confirmation on breakout.
✅ RSI moving above 60, indicating strong momentum.
✅ Price sustaining above key moving averages.
Disclaimer:
📌 This analysis is for educational purposes only and should not be considered financial advice. I am not a SEBI-registered advisor. Please do your own research and consult a financial professional before making any investment decisions. Trade wisely! 📊
Candle sticks pattern analysis part-2The bullish engulfing pattern and the ascending triangle pattern are considered among the most favorable candlestick patterns. As with other forms of technical analysis, it is important to look for bullish confirmation and understand that there are no guaranteed results.
NIFTY 50 - ICT & SMC Analysis (April 9, 2025)🧠 Big Picture Context (Daily Timeframe)
🔍 Structure:
The daily structure is in a macro bearish trend, confirmed by a Change of Character (ChoCH) from a previous higher high.
A market structure shift (MSS) occurred, indicating strong bearish intent.
A major Order Block (OB) around 24,300 – 24,800 has acted as strong supply.
Recent price action shows a rejection from 23,000+ levels, creating a new bearish leg.
🔄 Key Observations:
A clean Fair Value Gap (FVG) from the recent bearish move lies between 22,900 – 23,100, which price may want to revisit.
Price tapped into liquidity pools below previous lows (Sell-side liquidity swept).
Strong reaction up suggests a potential short-term bullish retracement.
🔄 Medium-Term Outlook (4H Chart)
🔍 Structure:
After the sharp bearish move, price made a strong reaction from the 21,800s, suggesting the presence of demand.
A clean PDL (Previous Day Low) sweep followed by BOS (Break of Structure) confirms short-term bullish market structure.
🔄 Current Price Action:
Price filled part of a green FVG (imbalance) and is now retracing from resistance.
The 22,900–23,000 zone contains:
A bearish OB
FVG
VI (Volume Imbalance)
Previous Weekly High (PWH)
→ This confluence makes it a high-probability reversal zone.
📉 Execution Timeframe (1H Chart)
🔍 Structure:
Price has now formed a BOS upwards after taking out liquidity near 21,800 (PDL).
Rally filled lower imbalance (FVG), creating a strong displacement candle and BOS above PDH.
Now consolidating under a supply zone with signs of weakness near 22,550 – 22,700.
🎯 Trade Idea: Sell on Retracement into Premium
📈 Bias: Bearish from premium supply zone.
🛠️ Trade Setup (1H + 4H Confluence):
Type Level/Zone
Entry 22,900 – 23,000 (Red FVG & OB)
Stop Loss Above 23,100 (above OB & VI)
Target 1 22,250 (PDH/imbalance fill)
Target 2 21,800 (PDL sweep area)
Target 3 21,600–21,500 (daily demand zone)
📊 Risk-Reward (Approx):
Risk: ~150 pts (23,100 – 22,950 entry)
Reward: ~400–1,400 pts depending on target
RRR: Minimum 2.5:1 up to 9:1
💡 ICT/SMC Concepts Applied:
Liquidity Sweep: Sell-side liquidity below PDL taken → large move up.
Fair Value Gaps: Price filled FVG and now sits just below another premium FVG.
Order Blocks: Bearish OB around 22,900–23,100 zone expected to act as supply.
PDH/PDL Reactions: Market respected those areas.
Market Structure Shift (MSS): Bearish momentum continues on higher TFs despite short-term rally.
🧭 What to Watch For:
If price breaks and holds above 23,100, this setup becomes invalid – it signals deeper retracement or reversal.
Watch volume or strong rejection candles in supply zone to enter with confirmation (ideal on 15M/5M for sniper entry).
Any clean FVGs left behind as price retraces could be rebalanced before dropping.
📌 Final Thoughts:
This is a classic SMC + ICT short setup after price retraced into premium zone following a strong move down. The confluence of OB, FVG, VI, and PDH makes this zone a high-probability turning point. Wait for confirmation and execute with proper risk management.
NIFTY : Intraday Trading levels and plan for 08-Apr-2025📊 NIFTY TRADING PLAN – 08-Apr-2025
Chart Timeframe: 15-Minute
Previous Close: 22,238.00
🔍 Key Zones to Watch:
🔴 Last Intraday Resistance: 22,573 – 22,616
🟠 Opening Resistance Zone: 22,369
🟧 Lower Opening Resistance: 22,020
🟩 No Trade Zone: 21,890 – 22,020
🟢 Opening Support Zone: 21,891
🟢 Last Support Zone: 21,613
🔼 Scenario 1: Gap-Up Opening (Above 100+ points, i.e., opens above 22,339)
If Nifty opens above 22,339 , we are above the immediate Opening Resistance and nearing the Intraday Resistance Zone of 22,573 – 22,616 .
📌 Plan of Action:
Wait for the first 15–30 minutes. If the index retests 22,369 and forms a bullish reversal (hammer, bullish engulfing), one can consider going long for targets 22,500 → 22,573 → 22,616 .
If price directly opens around 22,550+ , avoid chasing highs. It may trap long positions. Look for signs of exhaustion near 22,573 – 22,616 .
A breakdown below 22,369 with a 15-min candle close can shift bias to negative — expect a move down to 22,200 → 22,020 .
Do not enter trades immediately at open. Let price develop structure, preferably a retest of breakout level.
💡 Educational Tip: A gap-up near resistance often faces selling pressure. Trade only on confirmation, not assumptions.
⚖️ Scenario 2: Flat Opening (Within 22,138 – 22,339)
A flat open around the previous close 22,238 brings price inside a reaction zone between 22,020 – 22,369 .
📌 Plan of Action:
If Nifty sustains above 22,369 with strong price action, go long for 22,500 – 22,573 – 22,616 .
If price faces resistance at 22,369 and reverses, short opportunities open with targets at 22,138 → 22,020 → 21,891 .
Avoid initiating trades inside the No Trade Zone: 21,890 – 22,020 , as it could lead to choppy price action and stop hunts.
Best strategy is to wait for breakout/breakdown of range and follow the move with a tight SL.
💡 Educational Tip: Sideways zones are often used by big players to trap retail traders. Focus on breakout trades with confirmation.
🔽 Scenario 3: Gap-Down Opening (Below 100+ points, i.e., opens below 22,138)
If Nifty opens below 22,138 , it will likely test the lower boundary of the No Trade Zone or even the Opening Support Zone at 21,891 .
📌 Plan of Action:
Look for buying opportunities only if price finds support around 21,891 – 21,613 with bullish reversal candles (e.g., morning star, double bottom).
If price breaks below 21,891 and sustains, it could fall toward 21,613 — go short on retests or lower high formations.
If reversal is confirmed from support zone, expect a bounce toward 22,020 – 22,138 .
Avoid trading the first candle unless setup is clear. Let price form a base before going long.
💡 Educational Tip: Strong support zones are best used for reversal setups, but only with confirmation and tight stop-loss.
🛡️ Options Trading Risk Management Tips
✅ Avoid Buying Far OTM Options blindly: Theta decay will eat premium fast if price consolidates.
✅ Use Spreads like Bull Call/Bear Put for safer entries: Lower cost and defined risk.
✅ Stick to Defined SL (15-min candle based): Helps avoid whipsaw exits and emotional decisions.
✅ Don’t Overtrade Inside the No Trade Zone: Wait for breakout or breakdown before initiating trades.
✅ Position Sizing is Key: Never risk more than 2% of capital on a single trade.
✅ Watch Option IV Before Entry: High IV → premiums inflated. Sell strategies work better in those conditions.
📌 Summary & Conclusion
Bullish Above: 22,369 → 22,500 → 22,573 → 22,616
Bearish Below: 22,020 → 21,891 → 21,613
No Trade Zone: 21,890 – 22,020
🧠 Best Setups: Reversal near strong support/resistance or breakout retest entries.
⏱️ First 15–30 mins are for observation: Let the market show its hand.
🧘 Discipline > Direction: Stick to process and your setup. Not every candle needs a trade.
⚠️ Disclaimer
I am not a SEBI-registered analyst . The above analysis is shared purely for educational and informational purposes . Please do your own research or consult a financial advisor before trading or investing. Trade responsibly with proper risk management.
NIFTY Prediction for Tomorrow – April 8, 2025What happened on last day:
As we discussed, NIFTY failed to sustain at higher levels and saw a strong rejection from the upper boundary of the falling channel, resulting in a sharp 4% intraday fall.
If we look at the chart now:
The market has decisively respected the resistance of the descending channel (marked in blue) and faced a strong bearish rejection. Price closed near the lower 22,000 zone.
It has fallen below the 13 EMA and 50 EMA , and is now nearing the support zone of 21,800–21,750 , which had previously acted as a bounce zone.
Price is below the 200 EMA and also below VWAP , confirming bearish bias.
RSI = 41 , now heading toward the oversold territory, showing growing weakness.
Volume spiked on the red candle — this shows strength on the downside move.
Support levels: 21,793, 21,162
Resistance levels: 22,200, 22,600, 23,000
If we look at the OI data:
PCR = 0.6 , clearly indicating a bearish stance.
There’s heavy Call writing at 22,000, 22,200, 22,500 and even at 22,600 levels.
Only visible Put OI is at 21,500 and 21,800 — which implies the support has shifted lower.
With INDIAVIX at 20.9 (+7.2 increase) , volatility has spiked, which aligns with today’s sharp move.
We are in the early phase of the April monthly expiry , so OI is still building up, but early bias is clearly negative.
If we look at the news & sentiment:
Global markets saw mild selling pressure due to rising bond yields and risk-off sentiment.
No major positive trigger from domestic macros.
News sentiment turned mildly cautious to negative with today’s fall and spike in volatility.
I am expecting
The market to remain bearish or sideways in the short term. If 21,800 breaks, we may see a move toward 21,160–21,100 zone. Resistance now lies at 22,200 .
Reasons:
❗Price rejected from upper trendline of falling channel
❗Price < EMA(13, 50, 200) confirms bearish momentum
✅ Volume spike on the red candle shows strong sell-off
❗PCR = 0.6 indicates dominant call writing and weak puts
❗INDIA VIX jumped 7.2 points – fear and volatility increasing
Verdict: Bearish or Sideways
Plan of action:
Sell 22,200 CE and 21,800 PE — for a bearish-biased range play.
Watch for breakdown below 21,800 for trend-following trades.
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.
NIFTY : Weekly Analysis (07-Apr to 11-Apr)📊 NIFTY 50 Weekly Analysis – Elliott Wave & Retracement Outlook (April Week 2)
As per the latest Elliott Wave analysis and Fibonacci retracement zones plotted on the chart, NIFTY is currently at a critical juncture . Price action from here will define whether the market resumes upward correction or heads for a deeper fall.
🧠 Technical Structure Overview
The red-labelled impulse wave series 1 to 5 has completed, indicating a completed correction wave structure .
A corrective bounce has been observed post-Wave 5 in the form of Wave A .
Price is now moving in a Wave B correction and has entered a key Fibonacci retracement zone.
📍 Important Zones to Watch
🔶 Yellow Zone – Wave 4 Correction Resistance:
Range: 22,908 – 23,275
This was a previous bounce zone (Wave 4), now acting as a resistance range.
Price faced strong rejection here and reversed down into retracement territory.
🟩 Golden Fibonacci Retracement Zone for Wave B:
Range: 22,906 – 22,368
Price has entered this critical retracement zone.
This range corresponds to:
50% retracement = 22,906 (upper band)
61.8% retracement = 22,368 (lower band)
Implication: If NIFTY sustains within this zone and forms a base, it may initiate a move towards Wave C.
🧭 Scenarios for Coming Week
✅ Bullish Scenario:
If price sustains above 22,368 and reclaims 22,906, it can bounce back towards:
🎯 Target 1: 23,839
🎯 Target 2: 24,241 (Wave C projection)
Confluence: Wave A-B-C projection fits well within this move.
❌ Bearish Scenario:
If price breaks below 22,368 and fails to hold the golden zone:
Expect a sharp decline towards support zone: 21,444 – 21,632
This move would confirm the formation of another impulsive Wave 5 down .
🔍 Key Support and Resistance Levels
Resistance:
22,908
23,275
23,839
24,241
Support:
22,906 (Upper Golden Zone)
22,368 (Lower Golden Zone)
21,632 – 21,444 (Major Support Zone)
📌 Conclusion:
NIFTY is in a decisive zone. Whether we go for Wave C up or another Wave 5 down depends on price action within the 22,906 – 22,368 zone .
Traders should:
Watch for confirmation candles and volumes.
Use demand zone reactions to position accordingly.
Maintain strict risk management.
💬 Share your views in the comments – do you expect a bounce from here or a breakdown?
#NIFTY50 #ElliottWave #TechnicalAnalysis #TradingView #NIFTYAnalysis #Fibonacci #SwingTrading #PriceAction
NIFTY 50 - ICT & SMC Analysis (April 7, 2025) 📊 CHART ANALYSIS SUMMARY (from the 4 charts)
From the charts you've given, I’ve identified a few key things:
- NIFTY is in a bullish short-term market structure , but it’s tapping into premium prices in a possible higher timeframe redistribution zone.
- There's a liquidity sweep and inducement pattern near the highs.
- Some FVGs (Fair Value Gaps) remain unfilled.
- Possible reversal sell setup from a 4H or daily bearish order block that aligns with premium pricing in a range.
🧠 Step-by-Step ICT/SMC Analysis
1. Market Structure & Bias
- 1H to 4H Structure: The market was pushing higher, making HHs (higher highs) and HLs (higher lows).
- However, the latest high was taken with a wick, showing signs of a **buy-side liquidity raid rather than strength.
- After the raid, price left a bearish FVG (Fair Value Gap) — a classic ICT signature for a reversal.
> 🔎 Interpretation:This is typical SMC inducement : retail traders get trapped buying a breakout, while smart money distributes into those buys and prepares to sell.
2. Key Liquidity Levels
- Buy-side Liquidity (BSL): Taken at recent swing high (~NIFTY 22,520 zone)
- Sell-side Liquidity (SSL): Resting below recent lows (~22,300 and then ~22,150)
> 🧠 SMC logic: Liquidity was engineered and taken at the highs. Now, the market may seek the **sell-side liquidity** next.
3. Order Blocks & Imbalances
- ✅ A clear Bearish Order Block formed near the 22,500–22,520 level on 1H/4H — this was the last up-candle before the sell-off (and a liquidity sweep).
- ✅ There's a clean FVG (Fair Value Gap) just under this OB — price wicked back into it but failed to close above.
> 🧠 ICT logic: Price fills the imbalance slightly, taps the OB, then rejects — suggesting smart money is selling from this zone.
4. Potential Trade Setup (Sell)
🎯 Trade Idea: Intraday / Swing Short
| Component | Level / Description
|--------------------|-------------------------------------------------|
| Bias | Bearish (short-term retracement expected) |
| Entry | ~22,500–22,520 (OB + FVG confluence zone) |
| Stop Loss | Above 22,570 (above the liquidity sweep wick) |
| TP1 | 22,300 (low of range, internal liquidity) |
| TP2 | 22,150 (external liquidity sweep zone) |
| TP3 (optional) | 22,000 (discount zone of full move) |
| R:R | Approx. 1:2.5 to 1:3.5 depending on exit |
🧱 Confluence Checklist
| ICT/SMC Element | Confirmed? | Notes
|----------------------------|------------|-----------------------------------------------------------------------|
| Break of Structure | ✅ | Lower high failed to break previous HH with momentum
| Liquidity Sweep | ✅ | Buy-side taken at the top with a wick
| FVG Presence | ✅ | 1H Fair Value Gap post sweep
| Bearish Order Block | ✅ | Confirmed on 1H and 4H
| Displacement | ✅ | Strong sell candle after sweep
| Retracement to OB/FVG | ✅ | Price returns to OB to mitigate orders
| Premium Pricing Zone | ✅ | Above 50% of the full range (using FIB anchoring)
🔄 Scenario Management
- If price rejects OB and sells off, you’re in good hands — standard SMC setup.
- If price closes above 22,570, the OB is invalidated → exit the short.
- If the setup works, scale partial profits at TP1 and trail to TP2/TP3.
📉 It's not a long-term bearish call on NIFTY — it’s a mean-reversion swing targeting liquidity below.
Nifty Prediction for coming days April 4th 2025A Big IF is because we are talking about probability here as the pattern is not yet shaped to its prime.
Lets Understand the Inverted Head and Shoulder Pattern
Left Shoulder : After a downtrend, the price of the respective asset makes a low and then rallies to a higher point, forming the left shoulder.
Head : Following the formation of the left shoulder, the price declines to a point lower than the left shoulder and then rallies again, forming the head.
Right Shoulder : Finally, the price declines again but not as low as the previous decline or the head, and then rallies one more time, forming the right shoulder. The right shoulder is typically roughly equal in depth to the left shoulder.
Neckline : A trendline is drawn connecting the high points (or "peaks") after the formation of each shoulder and the head. This line serves as a level of resistance that the price must break through to confirm the pattern.
Lets not get in to the Psychology part. you can find many around.
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To Our analysis of nifty for the coming days we can see the same pattern on the chart above.
1st Trade : Advanced Users
If price takes support at around 22800 - 22750 and If you are good in reading volume find reversal to neck line and beyond if you can.
2nd Trade :
If You see price breaking the neck line with good volume (Volume greater than volume average and or greater than previous 3 or 4 candles in Daily Timeframe, Target Is shown on the Chart Nearly All time High.
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One can see that i have plotted FIb Ext on the chart, That clearly shows that the target of this Inverted H&S is absolutely at around 1.618 of FIb Ext.
One can even Consider this as Elliott Wave 3rd wave (I'm not a master in Elliott wave so correct me if i'm wrong)
Note.
A simple Yet powerful Patter so wait for the pattern to unfold for better results.
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Monthly Nifty
In the above Picture You can see Monthly Nifty Chart. Which clearly shows that retracement is done and took support at Moving average. Formed a kicker pattern Which is my fav pattern for reversal. Now a retest of Last month candle Mid we can expect a reversal from there. That's where the market closed today. So rest you need work on your analysis. Good Day and Have a nice weekend
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 50 - ICT & SMC Analysis (April 3, 2025)1. Market Structure & Trend Overview
1D Chart (Higher Timeframe Bias)
Bearish Market Structure: The market has been in a downtrend, breaking market structure (MSS) at key levels. The recent rally from March was a retracement into a premium zone.
Key Resistance Areas:
Order Block (OB) at ~23,600: Market is rejecting this supply zone.
Previous Daily High (PDH) & Premium Liquidity Zone: Price recently swept liquidity above PDH and is rejecting.
Key Support Areas:
Fair Value Gap (FVG) at 22,800-22,900: This is the next area where price may drop to seek liquidity.
PDL (Previous Daily Low): A liquidity pool where price may react.
📌 Prediction:
If price stays below 23,600, the market may seek liquidity at 23,000 or even 22,800.
If price reclaims 23,600, a move towards 24,000 is possible.
4H Chart (Mid-Timeframe Confirmation)
Bearish Market Structure: Price is forming lower highs and recently had a Change of Character (ChoCH) to the downside.
Key Levels to Watch:
23,600 OB & FVG: Market is rejecting this area.
23,200-23,250 (Liquidity Area): Price is building liquidity below.
22,900 (FVG & Key Support): If price breaks down, this will be a magnet.
Strong Resistance at 23,600: If price gets here, it could be a sell opportunity.
📌 Prediction:
A potential short trade if price retraces back to 23,500-23,600 (OB) with targets at 23,200 & 22,900.
If 23,200 holds, a bounce to 23,500 is possible.
1H Chart (Execution Level)
Price Action Observations:
Liquidity Sweep at PDH: Market took out buy-side liquidity and is now retracing.
FVG Below 23,200: This is a draw on liquidity.
PWL (Previous Week’s Low) at 23,150-23,200: This could act as support before further downside.
📌 Trade Idea (Bearish Setup)
Entry: Sell near 23,500-23,600 (OB & FVG Zone).
Stop Loss: Above 23,650 (Above liquidity zone).
Take Profit Targets:
TP1: 23,200 (First liquidity pool).
TP2: 22,900 (FVG fill & support area).
🔹 Alternative Bullish Scenario: If price does not break 23,200 and forms bullish structure, a long towards 23,600 can be considered.
Option traderOptions trading is a type of financial trading that allows investors to buy or sell the right to purchase or sell an underlying asset at a fixed price, at a future date. Options trading operates on the basis that the buyer has the option to exercise the contract but is not under any obligation to do so.
Nifty - Awaiting the Fifth Wave for a BreakoutNifty recently hit a low of 21,905 , marking a key reversal point in the trend. A well-defined Head and Shoulders pattern is emerging, with the right shoulder currently forming. The ongoing pullback has retraced to the 38.2% level, but there is potential for it to extend towards the 50% mark at 22,906 . However, the upward move appears to be losing momentum, with buying interest remaining subdued.
Based on the chart, the head of the pattern signifies the beginning of a new impulse wave. This appears to be the fourth wave within the larger first wave. Once Nifty completes this corrective phase, the fifth wave is expected to present a trading opportunity. If wave equality holds, Nifty could potentially rise to 24,857 .