NIFTY : Trading levels and plan for 18-Jun-2025📊 NIFTY TRADING PLAN – 19-June-2025
📍 Previous Close: 24,798.75 | 🕒 Timeframe: 15-min
📏 Gap Threshold Considered: 100+ points for classification
🔼 GAP-UP OPENING (Above 24,964):
If NIFTY opens above 24,964, it breaks out of the "No Trade Zone" (24,710–24,864) and suggests bullish momentum toward upper resistances.
✅ Plan of Action:
• Wait for price to sustain above 25,054 (Last Intraday Resistance).
• If 15-min candle closes strong above 25,054 with volume, initiate long trades toward the Profit Booking Zone: 25,160 – 25,204 .
• Stop-loss: Below 25,000 (15-min candle close basis).
• If prices face rejection at 25,054 or near 25,160 zone, look for short trades for a pullback toward 24,864.
📘 Tip: On gap-up days, avoid chasing the open blindly . Let the first 15–30 minutes define control – buyers vs sellers.
⚖️ FLAT OPENING (Between 24,710 – 24,864):
Opening within the No Trade Zone signifies indecision. This zone needs a breakout for directional trades.
✅ Plan of Action:
• Avoid any aggressive trade within 24,710 – 24,864.
• If price breaks and sustains above 24,864, initiate long trade toward 25,054, with SL below 24,820.
• If price breaks down below 24,710, initiate short trade toward 24,627, SL above 24,750.
• Watch for wick traps — ensure breakout happens with solid volume candle, not just one spike.
📘 Tip: In no-trade zones, your capital is safest when you wait . Let price exit the confusion before entering.
🔽 GAP-DOWN OPENING (Below 24,610):
If NIFTY opens below 24,710 by over 100 points, it’s a gap-down near the Last Intraday Support at 24,627 , which brings weakness into play.
✅ Plan of Action:
• If price breaks and sustains below 24,627, short trades can be taken toward 24,453 (next major support).
• SL for short trades above 24,680.
• If sharp buying emerges from 24,453 – 24,500 zone, look for reversal long trades back toward 24,710.
• Confirm with reversal candles like hammer/morning star on 15-min chart.
📘 Tip: Buyer’s Support zones are best for risk-reward long trades , but confirmation is key — don’t knife-catch.
🛡 OPTIONS TRADING – RISK MANAGEMENT TIPS:
✅ 1. Use Spread Strategies: Vertical spreads (Bull Call/Bear Put) help limit losses on volatile days.
✅ 2. Don’t Enter in the First 5-min Candle: Especially on gap-up/down days, let the initial volatility settle.
✅ 3. Track IV (Implied Volatility): High IV days can erode premiums fast post breakout — consider theta decay risk.
✅ 4. Set SL Based on 15-min Candle Close: Avoid panic exits due to wicks or noise.
✅ 5. Book 50% Profits Early: If your trade moves 50–70% in favor, partial exit helps lock-in gains.
📌 SUMMARY – KEY LEVELS TO WATCH:
🟩 Support Zones:
• Opening Support / Resistance: 24,710
• Last Intraday Support: 24,627
• Strong Buyer’s Support: 24,453
🟥 Resistance Zones:
• Opening Resistance: 24,864
• Last Intraday Resistance: 25,054
• Profit Booking Area: 25,160 – 25,204
⚔️ Battle Zone (No Trade): 24,710 – 24,864
📈 Trend Decision Zones:
• Above 24,864 → Bullish toward 25,160+
• Below 24,710 → Bearish toward 24,453
📢 DISCLAIMER: I am not a SEBI-registered analyst. This plan is prepared purely for educational purposes. Please consult your financial advisor before making any trading or investment decision.
