NIFTY : Trading levels and plan for 29-Apr-2025📈 NIFTY 15-Min Plan for 29-Apr-2025 📈
(Chart-Based Educational View | Gap Opening >100 Points Considered)
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🔵 Previous Close: 24,312.90
⚡ Key Reference Levels:
🔴 Opening Resistance: 24,417 – 24,433
🟧 Opening Support/Resistance: 24,254
🟩 Last Intraday Support: 24,071 – 24,106
🟢 Major Resistance Above: 24,556
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🟥 Scenario 1: Gap-Up Opening (Above 24,400)
If Nifty opens above 24,400, especially near the 24,417–24,433 resistance zone, watch closely for price action.
If there’s rejection or bearish candles near this zone within the first 15–30 minutes, it could signal a good opportunity for short trades towards 24,307 and 24,254.
However, if Nifty sustains above 24,433 with strong bullish momentum and volume, a quick move towards 24,556 can occur.
In case of breakout buying, place a strict stop-loss just below 24,400 to protect from false breakouts.
📚 Educational Note: In gap-up scenarios near a resistance zone, the first bounce often traps aggressive buyers. Wait for confirmation (retest or strong breakout candle) before entry!
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🟨 Scenario 2: Flat Opening (Between 24,200–24,400)
If Nifty opens between 24,254–24,312, the market is likely to retest either side.
Key focus: 24,254 opening support level.
A bounce from 24,254 area can be bought for targets of 24,417–24,433 with stop-loss slightly below 24,240.
Breakdown and sustained trade below 24,254 can lead to a dip toward 24,106–24,071 zone. Short opportunities will arise if opening support fails clearly.
📚 Educational Note: In flat openings, traders must avoid rushing in. Let the market show clear strength or weakness around the immediate support/resistance levels.
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🟩 Scenario 3: Gap-Down Opening (Below 24,200)
If Nifty opens below 24,200, particularly around 24,100–24,070 zone, it would directly test the Last Intraday Support .
If there are bullish reversal signals (strong green candles or bullish divergence) around 24,071–24,106, a risky but rewarding buy opportunity can be considered.
However, failure to sustain above 24,071 will create strong bearish momentum aiming towards lower targets (like 23,950–23,900).
In gap-downs, extra caution must be applied. Avoid aggressive longs unless a strong reversal setup forms.
📚 Educational Note: Gap-downs often invite emotional trades. Avoid knife-catching unless the setup is clear and risk-reward is favorable.
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📌 Risk Management Tips for Options Trading 🛡️
Always define your stop-loss before entering a trade. Options premiums can decay rapidly!
Avoid trading within the first 5 minutes of opening volatility. Let the direction stabilize.
Prefer using spreads (like Bull Call Spread or Bear Put Spread) to reduce the impact of time decay and volatility crush.
Risk only 1–2% of your trading capital per trade. Survival is key over daily wins.
Exit if the trade doesn't behave as per your plan in the first 15-30 minutes after trigger.
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📜 Summary and Conclusion:
✅ Gap-Up Opening: Watch 24,417–24,433 zone carefully. Sell on rejection or buy breakout confirmation.
✅ Flat Opening: Key level is 24,254 – play the bounce or breakdown.
✅ Gap-Down Opening: 24,071–24,106 crucial for reversal or further fall.
🧠 Be patient, act only after clear confirmation, and strictly manage risk.
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⚠️ Disclaimer:
I am not a SEBI-registered analyst. This trading plan is shared purely for educational purposes. Please consult your financial advisor before taking any trading decision.
Niftytrendanalysis
NIFTY ON THE EDGE - BEARISH PRESSURE MOUNTING NEAR 24250Symbol - NIFTY50
CMP - 24245
The Nifty50 index has encountered significant sell-off near the 26300 level, its all-time high from September 2024. Following this peak, the index experienced a notable correction, currently trading approximately 10% below its previous high. This decline has been attributed to factors such as disappointing corporate earnings, elevated valuations, and geopolitical uncertainties. Despite these challenges, the index has shown resilience, supported by strong performances in domestic sectors like financials, consumer staples, and healthcare.
If bearish pressures persist and buyers fails to maintain above 24300-24400 levels, a further decline towards the 23000-22900 levels could occur. Conversely, sustained move above 24550 could pave the way for a potential rally, contingent on improved earnings and favorable macroeconomic conditions.
Key Resistance Levels: 24320, 24400
Key Support Levels: 24000, 23780, 23350
In summary, the Nifty50's near-term trajectory hinges on its ability to navigate key support and resistance levels, with broader market sentiment and sectoral performances playing pivotal roles in shaping its path forward. In my personal view, I am expecting a down move, and the index is likely to remain under bearish pressure in the coming sessions, especially if it fails to hold above 24300-24400 levels.
NIFTY : Trading Levels and Plan for 28-Apr-2025📊 Nifty 50 Trading Plan for 28-Apr-2025 (15-min TF Analysis)
Previous Close: 23,991.05
Key Zones:
🔴 Major Resistance Zone: 24,255 – 24,317
🟥 Critical Reversal Level: 24,433 (Daily and Weekly Importance)
🟧 Opening Resistance: 24,106
🟨 Opening Support: 23,912
🟩 Last Intraday Support Zone: 23,810 – 23,764
🟦 Important Support (Seller’s Booking Zone): 23,621 – 23,671
🟥 Scenario 1: Gap-Up Opening (Above 24,100)
If Nifty opens more than 100 points higher , around or above 24,100 , we will be near the Opening Resistance (24,106) or trying to push towards the Last Intraday Resistance Zone (24,255–24,317) .
If Nifty struggles near 24,106 and forms rejection candles (wicks, bearish engulfing), a low-risk short opportunity could arise aiming back towards 23,991–23,950 zones.
On the flip side, if price sustains and shows strength above 24,255 , a breakout trade can be initiated with an eye on the 24,433 critical resistance zone.
Strong bullish candles with volume confirmation are essential to attempt longs beyond 24,255 .
Be cautious around 24,433 as it is a major trend reversal zone on higher timeframes. Partial profit booking recommended.
🧠 Educational Tip: Gap-ups into major resistances often lead to profit booking unless there is a strong continuation pattern. Avoid buying blindly on opening candles without confirmation.
🟨 Scenario 2: Flat Opening (Between 23,900 – 24,100)
If Nifty opens flat or with a minor gap (within 100 points), we will remain between Opening Support (23,912) and Opening Resistance (24,106) .
If Nifty trades above 23,991 and crosses 24,046 with strength, a buy setup can be considered targeting 24,106 and potentially 24,255 .
If it fails to hold 23,991 and starts slipping below 23,950 , expect a quick dip towards the Opening Support (23,912) .
A confirmed breakdown below 23,912 could push the index lower toward the Last Intraday Support Zone (23,810–23,764) .
In a flat opening, trade based on clear breakout or breakdown of initial 15–30 minute range. No pre-commitment bias!
🧠 Educational Tip: Flat openings often lead to range-bound movements initially. Avoid over-trading inside choppy zones. Wait for clear directional cues.
🟩 Scenario 3: Gap-Down Opening (Below 23,900)
If Nifty opens below 23,900 , the focus immediately shifts to the Opening Support (23,912) and the Last Support Zones (23,810–23,764) .
If Nifty stabilizes around 23,810–23,764 with bullish reversal patterns (hammer, bullish engulfing), aggressive long entries could be initiated targeting 23,950–24,000 .
However, if breakdown continues below 23,764 , expect an extended fall toward the major support Seller's Profit Booking Zone (23,621–23,671) .
Look for strong price action near 23,621–23,671 as it may trigger a bigger reversal if buyers step in aggressively.
Avoid catching falling knives. Let price form a base before attempting counter-trend trades.
🧠 Educational Tip: In gap-downs, volatility spikes. Focus on fewer trades with better setups rather than forcing trades during emotional market reactions.
⚡ Risk Management Tips for Options Traders:
🔒 Always have a pre-defined stop loss . Never risk more than 1–2% of your trading capital on a single trade.
💸 In case of a flat or range-bound market, avoid holding naked option buys for too long as theta decay will eat premiums.
⚖️ Use option spreads (like bull call spreads or bear put spreads) to limit loss and protect against volatility crush.
📈 Stick to current week expiries for intraday trades but prefer next week expiry if volatility is extremely low.
⏳ Avoid trading in the first 5 minutes unless extremely clear breakout or breakdown is seen.
📌 Summary and Conclusion:
🟥 Gap-Up Opening: Watch 24,106 and 24,255 closely for breakout or rejection plays.
🟨 Flat Opening: Wait for clear breakout above 24,046 or breakdown below 23,912 .
🟩 Gap-Down Opening: Focus on price reaction around 23,810–23,764 and 23,621–23,671 .
Patience 🧘♂️, risk management 🛡️, and discipline 📚 are your best trading allies. Trade based on price action, not assumptions.
⚠️ Disclaimer: I am not a SEBI-registered analyst . All views shared are purely for educational purposes only . Please consult your financial advisor before taking any trading or investment decisions. 📚
Nifty 50 spot 22397.20 by the Daily Chart view - Weekly updateNifty 50 spot 22397.20 by the Daily Chart view - Weekly update
- Resistance Zone seen at 22720 to 22850 Index level for the 23K Index target
- Gap Down Openings of 24-Feb-2025 remains and 28-Feb-2025 is filled & closed
- Long shot deep inline Support Zone seen at 22125 to 22350 is now back in action
Nifty’s Rally Faces a Hurdle at 24,400 — Volatility on the Rise● After successfully breaking out from the Double Bottom pattern, Nifty faced rejection near the 24,400 level, establishing it as the immediate resistance.
● While the index managed to close above 24,000, this level appears fragile and may not offer strong support. As long as Nifty holds above 23,800, the broader market sentiment is expected to remain positive.
● For the next bullish move to materialize, the index must decisively surpass and sustain above 24,400.
● It is also notable that India VIX rose sharply this week, climbing over 10%, indicating heightened anxiety among market participants.
● With ongoing geopolitical tensions, market volatility could remain elevated in the near term.
● Investors and traders are advised to exercise proper risk management when taking new positions to protect against potential large losses.
NIFTY : Trading Levels and Plan for 25-Apr-2025📊 NIFTY Intraday Trading Plan – 25-Apr-2025
Timeframe: 15-minute
Previous Close: 24,245.05
📍 Key Reference Zones from Chart:
🟧 Consolidation Range: 24,124 – 24,433
🔴 Major Resistance Zone: 24,433 – 24,550
🟩 Strong Support Zone: 24,071 – 24,124
🟥 Breakdown Area: Below 24,071
🟢 Potential Reversal Point: 23,885
🟥 Scenario 1: Gap-Up Opening (Above 24,345 – i.e., +100 points)
If Nifty opens above 24,345, it steps into the upper band of the prior consolidation, moving closer to the critical resistance zone of 24,433–24,550 . This area holds weight as it aligns with daily and weekly chart resistance .
If Nifty opens near 24,433 and shows signs of rejection (bearish candle patterns like shooting star, bearish engulfing), a mean-reversion short trade could be attempted. Potential targets: 24,303 and 24,245.
Only go long if the index sustains above 24,433 for 15+ minutes and builds strength. In such a case, the next target would be 24,550.
If it opens above 24,433 and directly spikes to 24,500+, avoid chasing. Wait for a pullback or base building] for better R/R entries.
💡 Educational Insight: High-resistance zones require confirmation. Gaps alone are not breakout signals – price must sustain above these levels with volume for reliable entries.
🟨 Scenario 2: Flat Opening (Between 24,145 – 24,345)
A flat opening places Nifty within the previous session's consolidation range, where sideways action has dominated. This is a tricky zone, best approached with caution and breakout confirmations.
Avoid trades in the immediate zone of 24,245 – 24,287 unless price gives a clear breakout or breakdown. This is a No Trade Zone .
If the index breaks above 24,303 with momentum and sustains, consider a long with target 24,433 and SL just below 24,280.
If Nifty breaks below 24,124, short entries could be initiated with targets at 24,071 and 23,885, provided the breakdown is supported by volume and wide candle closes.
This is an ideal situation for zone-to-zone scalping based on price behavior.
💡 Educational Insight: Inside consolidation zones, it's better to react than predict. Let price guide you through support/resistance breaks with follow-through.
🟩 Scenario 3: Gap-Down Opening (Below 24,145 – i.e., -100 points)
A gap-down places Nifty closer to the strong support zone of 24,071–24,124 . This is a demand area on both intraday and higher timeframes.
Watch for reversal patterns (like hammer or bullish engulfing) inside 24,071–24,124. This zone can offer high R/R intraday longs with targets at 24,245 and SL below 24,050.
If price breaks and sustains below 24,071, it opens doors for deeper correction toward 23,885. Avoid early shorts; wait for breakdown + retest + rejection pattern.
The zone 24,071–24,124 also aligns with weekly trend support, so expect volatility and fight here. Be patient.
💡 Educational Insight: Strong supports often show bounce-back reactions. Always wait for confirmation before initiating reversal trades.
🛡️ Options Trading Risk Management Tips:
📉 Avoid buying deep OTM options during sideways or slow markets. Use spreads for better theta control.
📆 Keep expiry day trades strictly defined – don’t average losing positions.
📈 In strong trends, consider buying ITM options or vertical spreads to capture the move without unlimited risk.
🧠 Don’t revenge trade. Respect stop losses and accept that every setup won't work.
💰 Never risk more than 2% of your capital in a single trade.
⏳ Allow the first 15–30 minutes for market to settle before taking directional trades, especially post gap openings.
📘 Summary & Conclusion:
🟥 Gap-Up: Watch 24,433 as key resistance. Short on rejection; long only if breakout sustains.
🟨 Flat Open: Avoid trades in no-trade zone. Breakout above 24,303 = bullish, breakdown below 24,124 = bearish.
🟩 Gap-Down: Strong support around 24,071–24,124. Long on bullish reversal, short below 24,071 for 23,885 target.
🎯 Trade with structure and patience. Avoid noise. Let the levels guide your actions, and not emotions or impulses.
⚠️ Disclaimer: I am not a SEBI-registered analyst . This trading plan is shared purely for educational purposes only . Please consult your financial advisor before making any trading or investment decision.
NIFTY : Trading Levels and Plan for 24-Apr-2025📊 NIFTY Intraday Trading Plan – 24-Apr-2025
Timeframe: 15-minute
Previous Close: 24,300.85
🔍 Key Zones from the Chart:
🟧 No Trade Zone: 24,287 – 24,303
🔴 Last Resistance for Intraday: 24,432
🟥 Resistance for Consolidation Breakout: 24,546
🟨 Immediate Support: 24,237
🟩 Last Intraday Support Zone: 24,128 – 24,166
🟥 Major Breakdown Level: 24,036.55
🟥 Scenario 1: Gap-Up Opening (Above 24,401 – i.e. +100 points)
If Nifty opens above 24,401, it is entering the upper band of the chart near the Last Resistance Zone . This area is sensitive and needs confirmation before aggressive trades.
If price shows rejection near 24,432 (like inverted hammer or bearish engulfing), it signals a mean reversion setup . Traders may short with targets at 24,303 and 24,237.
If price sustains above 24,432 and breaks out with volume, Nifty may rally toward 24,546. Wait for 15-min candle close above 24,432 before initiating long trades.
Avoid longs if price opens with a big green candle directly in the resistance – wait for consolidation or a pullback entry.
💡 Pro Tip: Avoid buying the first candle of a gap-up unless a pullback occurs. Let the bulls prove themselves beyond the resistance.
🟨 Scenario 2: Flat Opening (Between 24,287 – 24,401)
A flat opening brings Nifty within or around the No Trade Zone . This is a choppy zone due to overlapping candles and indecisiveness in previous sessions.
Avoid trades inside 24,287 – 24,303. Wait for either a breakout above 24,303 or a breakdown below 24,287 for directional clarity.
If price breaks above 24,303 and sustains, consider a quick long entry with target 24,432 and SL below 24,280.
If price slips below 24,287 and sustains, short setups activate toward 24,237 first, and potentially 24,166 later.
This is an ideal day for zone-to-zone scalping , with defined stop losses and profit targets.
💡 Pro Tip: Inside No Trade Zones, avoid impulsive entries. Use breakout-retest strategy or follow momentum confirmation before entering a trade.
🟩 Scenario 3: Gap-Down Opening (Below 24,200 – i.e. -100 points)
A gap-down below 24,200 puts Nifty directly near Intraday Support Zone (24,128 – 24,166) . This area can witness buyer interest, but if it breaks, the trend may shift bearish.
Look for reversal signs in the support zone (24,128 – 24,166). A bullish candle or divergence on RSI can trigger quick scalps toward 24,237.
If support fails and price sustains below 24,128, the next major breakdown level is 24,036.55. Short trades below 24,128 can be initiated with SL above 24,170.
Do not chase gaps down blindly – reversal or breakdown confirmation is crucial.
💡 Pro Tip: Buyer zones offer great reward-to-risk setups. Wait for bullish confirmation like hammer candles, bullish engulfing, or higher low formation before entering.
🛡️ Risk Management Tips for Options Traders:
✅ Always have a pre-defined SL for both directional and non-directional option strategies.
📉 Avoid naked option buying in choppy markets – use spreads (Bull Call / Bear Put) to minimize theta decay.
🕐 Don’t hold positions into the last 30 mins of expiry unless you’re in strong profit or have hedged protection.
💰 Never risk more than 2% of your capital in a single trade – it keeps your mindset calm and objective.
🔄 Adjust your trades as market structure changes – follow price, not your bias.
📘 Summary & Conclusion:
🟥 Gap-Up: Watch 24,432 as a decision point. Rejections offer shorting opportunity; Breakouts offer bullish setups.
🟨 Flat Open: Avoid trades in 24,287–24,303. Play breakout or breakdown from this zone with confirmation.
🟩 Gap-Down: Support expected near 24,128–24,166. Wait for bullish signs or short below breakdown levels.
🎯 The day should be traded zone-to-zone with proper confirmation. Patience in entries and discipline in exits is key to success. Avoid emotional trading.
⚠️ Disclaimer: I am not a SEBI-registered analyst . This trading plan is shared purely for educational purposes . Please do your own research or consult a qualified advisor before making any trading or investment decisions.
NIFTY : Trading Levels and Plan for 22-Apr-2025📘 NIFTY TRADING PLAN – 22-Apr-2025
📊 Index Spot Close: 24,121.20 | ⏱ Timeframe: 15-Min | 🚪 Gap Opening Threshold: 100+ Points
🔼 Scenario 1: Gap-Up Opening (Above 24,221+)
A gap-up opening above 24,221 will push Nifty into a zone where sellers will likely get active. The chart highlights 24,433 as a "must try for sellers" level — this acts as the last important intraday resistance. Sustained movement beyond this level would be a bullish breakout, but chances of intraday reversal increase as price nears this resistance.
📌 Plan of Action:
Wait for the first 15–30 minutes to settle the gap-up volatility. Don't chase the first green candle.
If price sustains above 24,221 and starts climbing toward 24,433, watch for a rejection wick or bearish engulfing candle near that level to plan shorts.
Ideal short opportunity arises if price touches 24,433 and then shows weakness — keep SL just above 24,460, target could be 24,280 → 24,127.
If price consolidates above 24,433 without signs of exhaustion, consider it a bullish continuation setup. In that case, adopt a breakout-retest strategy with SL below 24,400.
Aggressive buyers can look for retest around 24,221–24,280 zone for a possible long setup toward uncharted zones.
💡 Educational Insight:
Gap-ups near major resistances are tricky — markets often use such openings for distribution. Watch price behavior at key levels instead of assuming breakout or reversal in advance.
⚖️ Scenario 2: Flat Opening (Between 24,020 – 24,221)
A flat opening within this range keeps Nifty in the current supply zone. The chart shows that 24,127 acts as a critical structure – previously both as resistance and a congestion area.
📌 Plan of Action:
Let the market settle. If price holds above 24,127 for 15–30 minutes, intraday strength may follow toward 24,221 → 24,280.
Longs can be initiated above 24,150 with tight SL below 24,120 and targets near 24,221.
On the flip side, if Nifty starts rejecting 24,127, consider intraday shorts with SL above 24,150. Target on downside could be 24,000 → 23,986.
Be cautious about trading within a choppy range of 24,050–24,127 – breakout or breakdown from this area will provide cleaner moves.
Wait for directional confirmation through volume and momentum indicators like RSI or VWAP reaction.
💡 Educational Insight:
Flat openings near previous congestion levels often offer clean breakouts or breakdowns. Let the price action confirm direction – patience pays in such setups.
🔽 Scenario 3: Gap-Down Opening (Below 24,020–23,986)
A gap-down below the 23,986 support area would indicate potential profit booking or intraday reversal. The key support to monitor is 23,869 – labeled as "last intraday support" on your chart.
📌 Plan of Action:
Do not enter trades immediately on the gap-down. Let the price show its intent in the first 15–30 mins.
If price sustains below 23,986 and breaks 23,869, intraday weakness can accelerate with downside targets at 23,800 → 23,720.
Intraday shorts can be initiated on breakdowns below 23,869 with SL above 23,900.
If price bounces back and reclaims 23,986, avoid fresh shorts — this could be a trap for sellers.
Aggressive reversal traders can look for bullish price action near 23,869 — a hammer or bullish engulfing candle with volume might offer a low-risk bounce trade toward 24,000.
💡 Educational Insight:
Gap-downs into key support zones often trap emotional sellers. Let price confirm breakdown — don’t assume it. Wait for candle confirmation before acting.
🛡️ Risk Management Tips for Options Traders 💼🧠
✅ Don’t trade first 15–30 minutes — let the market show intent.
✅ Use ITM or ATM options for better delta and less time decay.
✅ Position sizing is key — don’t risk more than 1–2% of capital on one trade.
✅ Avoid revenge trading — step back after a loss and reassess.
✅ Avoid averaging losers — have a clear SL and respect it.
✅ Don’t chase moves — especially after gaps; wait for retests.
✅ Maintain a trading journal — log entry/exit and reason behind trade.
✅ In volatile markets, hedge directional bets with spreads if needed.
🧾 Summary & Conclusion 🧠📊
📍 Gap-Up (Above 24,221): Sellers may get active near 24,433; watch for reversal signs.
📍 Flat Open (24,020–24,221): Critical level is 24,127 — breakout leads to 24,280, rejection leads to 23,986.
📍 Gap-Down (Below 24,020): Breakdown below 23,869 can trigger further fall; else, watch for bounce attempts.
📍 Zone to Monitor Closely: 24,127 and 23,986 — act as pivotal levels for intraday structure.
🧘♂️ Final Note: Trade levels, not emotions. Capital protection is the first job of a trader. Stick to your process and trust your risk management — opportunities will come.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . This trading plan is prepared purely for educational purposes only . Kindly consult with your financial advisor before making any investment or trading decisions. Markets involve risk — please use strict stop-loss and position sizing.
NIFTY : Trading levels and Plan for 21-Apr-2025📘 NIFTY TRADING PLAN – 21-Apr-2025
📊 Index Spot Close: 23,837.75 | ⏱ Timeframe: 15-Min | 🚪 Gap Opening Threshold: 100+ Points
🔼 Scenario 1: Gap-Up Opening (Above 23,938+)
If Nifty opens 100+ points higher above 23,938, it will be trading close to the last intraday resistance marked at 24,127. The recent rally has been steep, so profit booking or resistance can emerge at higher levels. Momentum continuation can only be expected if there is consolidation or retest above breakout levels.
📌 Plan of Action:
Allow the index to settle for the first 15–30 minutes to avoid opening volatility.
If price sustains above 24,000 and breaks above 24,127, aggressive buying can be considered for upside momentum. However, trail SL tightly as price enters uncharted territory.
Be cautious if price opens directly near or inside the 24,127 zone – wait for a rejection or reversal sign before considering any short.
Any gap-up followed by selling pressure that brings price below 23,938 could be a gap-fill trap – consider shorting if structure confirms breakdown.
Upside targets after 24,127 breach could be 24,200+ intraday; however, don't chase trades blindly above resistance.
💡 Educational Insight:
A gap-up near resistance should not be chased blindly. Market may trap bulls before turning. Look for higher-low formations or a bullish flag near 24,000+ to confirm strength.
⚖️ Scenario 2: Flat Opening (Between 23,738 – 23,938)
This is a balanced opening where price opens within or slightly above the critical support zone of 23,713–23,788. This range serves as the launchpad or failure point based on early moves.
📌 Plan of Action:
Let the 15-min candle close; avoid trades in the first few bars unless a clean structure forms.
If price sustains above 23,788 and starts forming higher highs, then the market may attempt a breakout toward 23,938 → 24,127. Longs can be taken above 23,850 with tight SL below 23,788.
On the downside, if price starts slipping below 23,713, this zone becomes resistance. Shorts can be planned with targets: 23,654 → 23,500.
Price trapped within 23,738–23,850 might trigger sideways action. Avoid trading inside this range unless breakout or breakdown occurs.
Look for volume confirmation and a clear directional bias before taking positions.
💡 Educational Insight:
Flat opens near crucial supports often lead to decisive moves after initial range expansion. React, don’t predict. The first breakout (up/down) often defines the tone of the day.
🔽 Scenario 3: Gap-Down Opening (Below 23,713)
A gap-down below the orange zone (23,713–23,788) is significant and could trigger a pullback towards the green support levels 23,654 and potentially 23,289.
📌 Plan of Action:
Let the market absorb the gap-down in the first 15–30 minutes — don’t enter impulsively.
If price bounces and reclaims 23,713, stay away from shorts. Look for reversal patterns (e.g. double bottom or engulfing) for long trades with SL below day’s low.
If price stays below 23,713 and breaks below 23,654, initiate shorts with targets at 23,500 → 23,289.
Watch for bullish traps — don't short blindly at supports. Wait for confirmation candles and volume on breakdowns.
In case of deep gap-down directly near 23,289, wait for reversal signs to attempt any long, else avoid bottom-fishing.
💡 Educational Insight:
Support breaks on gap-downs can be strong, but bear in mind — market makers often trap panic sellers. Be alert for false breakdowns and quick reversals.
🛡️ Risk Management Tips for Options Traders 💼🔐
✅ Avoid trading in first 15–30 mins — volatility traps are common.
✅ Use ATM or slightly ITM options to avoid excessive time decay.
✅ Set SL based on structure, not emotions — eg. previous candle low/high.
✅ Avoid over-leveraging — 1-2% risk per trade is optimal.
✅ Keep a max 2-trade rule per direction — don’t overtrade.
✅ Track IV (Implied Volatility) — spreads work better in high IV setups.
✅ Record your trades — wins teach less, losses teach more.
✅ Avoid revenge trading — take a break after a loss, regain calm.
🧾 Summary & Conclusion 🧠📊
📍 Gap-Up (Above 23,938): Watch for resistance at 24,127, avoid chasing highs without retest.
📍 Flat Open (23,738–23,938): Watch for structure near 23,788; breakout above = bullish, rejection = bearish.
📍 Gap-Down (Below 23,713): Possible downside toward 23,654 → 23,289. Reclaim of 23,713 invalidates shorts.
📍 Zone to Watch Closely: 23,713–23,788 (critical intraday pivot for both bulls & bears).
🧘♂️ Final Note: Trade less, trade well. Market gives opportunities daily — protect your capital so you’re around to take them.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . This trading plan is meant for educational purposes only . Please consult a financial advisor or conduct your own research before making any trades. Trading involves risk — always use proper risk management.
Nifty 50 Index spot 23851.65 by Daily Chart view - Weekly UpdateNifty 50 Index spot 23851.65 by the Daily Chart view - Weekly Update
* Support Zone at 21800 to 21950 Nifty 50 Index Band
* Resistance Zone at 23875 to 23975 Nifty 50 Index Band
* A Bullish Head and Shoulders pattern formation is now been invalidated, as the "Right Shoulder" is closely equal to the "Head" which ideally maybe equal to or +/- "Left Shoulder". This pattern maybe considered as a Bullish Double Bottom
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 : 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 50 Index spot 22904.45 by Daily Chart viewNifty 50 Index spot 22904.45 by Daily Chart view
- Resistance Zone at 23875 to 23975 for Nifty 50 Index Band
- Can we expect the Right Shoulder depth act as a Support base alike of the Left Shoulder depth near 22700 to 22800 ???
- If the Right Shoulder gets sustained, a Support base in sync with the Left Shoulder of the Bullish Head & Shoulder pattern may get activated
- Let us hope for the best to happen expecting some fresh breather over the next week basis the fact that, the Markets are always Supreme to look up to ......
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.
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 50 Index spot 23519.35 by Daily Chart view - Weekly updateNifty 50 Index spot 23519.35 by Daily Chart view - Weekly update
- Support Zone at 21800 to 21950 Nifty 50 Index Band
- Resistance Zone at 23875 to 23975 Nifty 50 Index Band
- Falling Resistance Trendline Breakout seems to have been sustained and also Support Zone still kept respected
- A Bullish Head and Shoulders pattern formation in process, just by taking a hypothetical thought process viewing
- An out of the box and entirely different point of view and perspective one may anticipate about Nifty 50 Index outlook
- Going by this Hypothetical H&S probability for the Nifty 50 Index Chart, we may anticipate good fire crackers to observe
- As such this is just a high level technical chart pattern formation and the Market are always Supreme to work in their own ways
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 spot 23350.40 by the Daily Chart view - Weekly updateNifty 50 spot 23350.40 by the Daily Chart view - Weekly update
- Sustained Support Zone 22720 to 22850 earlier Resistance Zone for Nifty 23K
- Minor Gap Up Openings around above Support Zone would need to be filled & closed sooner or later on
- Next set of Resistance Zones seen at indicative Nifty 50 Index levels of 23375 to 23460 and 23900 to 23975
Nifty 50 Daily Timeframe: Will the Downtrend Finally Break?The latest daily timeframe chart of Nifty 50 still shows the index trading within a well-defined descending channel, but it is now at a crucial resistance zone near the upper boundary of the trendline. This zone will determine whether the market is ready for a bullish breakout or if another round of selling pressure will push prices lower.
Key Observations:
1. Downward Channel Still Intact:- The index continues to respect the red trendlines, which have been guiding the downtrend for months.
Nifty 50 is currently testing the upper boundary of the channel, and this is a decisive moment for the market.
2. Resistance Zone Approaching:- 23,100 - 23,200 is acting as an immediate resistance level.
A break and close above this zone with strong volume could confirm a breakout and trigger bullish momentum.
Failure to break out could lead to another rejection, keeping the downtrend intact.
3. Bullish Momentum Strengthening:- The last few daily candles show strong bullish momentum with higher highs and higher lows.
If RSI moves beyond 65-70, it will signal strong buying interest.
Possible Scenarios:
Bullish Breakout Scenario:- If Nifty closes above 23,200 with strong volume, it could rally towards 23,500 - 24,000 in the coming sessions.
A confirmed breakout would invalidate the bearish trend and attract fresh buying interest.
Bearish Rejection Scenario:- If Nifty fails to break out and faces selling pressure, it may once again decline toward 22,750 - 22,500 support levels.
Traders should watch for a bearish rejection candle near the resistance zone, as it could signal another leg downward.
Conclusion:- Nifty 50 is at a make-or-break level, and the next few sessions will decide the trend direction. Traders should wait for confirmation before taking aggressive positions. If a bullish breakout occurs, we could see a trend reversal, but if the resistance holds, the downtrend may continue.
Watch the 23,200 level carefully! A decisive move above or below will dictate the next big move for Nifty 50.