Daily Analysis Nifty: 09/10/25Longs have been booked with profits and keeping the volatility in mins, no carry forwards in Nifty is suggested.
A pullback is quite possible in the 24980-24960 range, which is not a change of the trend, per se.
The resistance range or bearish/pullback invalidation is above the 25150-25180 range.
Trade ideas
Part 1 Ride The Big Moves Introduction to Options Trading
Options trading is one of the most fascinating and flexible instruments in the financial market. It allows traders and investors to speculate, hedge, and generate income — all from the same market tool.
An option is a financial derivative — meaning its value is derived from an underlying asset, such as stocks, indices, commodities, or currencies. Options are contracts that give the buyer the right, but not the obligation, to buy or sell an asset at a specific price (called the strike price) before or on a particular date (called the expiry date).
In essence, options trading helps investors control large positions with relatively smaller amounts of capital while limiting risk when used correctly.
Trading Gold and Cryptocurrency in the Indian Market1. Overview of Gold Trading in India
Gold has deep cultural and economic significance in India. It is widely used in jewelry, savings, and investment, making India one of the largest consumers of gold globally.
1.1 Forms of Gold Investment
In India, gold trading occurs in several forms:
Physical Gold – Jewelry, coins, and bars.
Gold ETFs (Exchange-Traded Funds) – Allow investors to buy units representing gold without physically holding it.
Sovereign Gold Bonds (SGBs) – Issued by the Reserve Bank of India (RBI), providing interest along with appreciation in gold price.
Futures and Options – Traded on the Multi Commodity Exchange (MCX), providing leveraged exposure.
1.2 Gold Trading Mechanics
Gold trading in India, especially in the futures market, involves contracts with standard weights (1 kg, 100 grams, etc.). Prices fluctuate based on domestic demand, international gold prices, USD/INR exchange rates, and geopolitical tensions. Traders can go long (buy) or short (sell), using leverage to maximize returns, though this increases risk.
1.3 Strategies in Gold Trading
Trend Trading: Identifying upward or downward trends in international or domestic gold prices and trading accordingly.
Hedging: Using gold futures to protect portfolios from inflation or currency depreciation.
Arbitrage: Exploiting price differences between spot markets, ETFs, and futures.
1.4 Risks and Considerations
Gold is influenced by global market volatility.
Leverage can magnify losses.
Liquidity in physical gold is higher, but online platforms provide faster execution.
2. Overview of Cryptocurrency Trading in India
Cryptocurrency trading in India is still evolving. Cryptos are digital or virtual currencies that operate on blockchain technology. The most popular are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and several altcoins.
2.1 Cryptocurrency Market in India
India has seen explosive growth in cryptocurrency adoption over the last few years. Exchanges like WazirX, CoinDCX, and ZebPay provide platforms for trading Bitcoin and other digital assets. Trading can occur in:
Spot Market: Buying and selling cryptocurrencies at current market prices.
Futures Market: Contracts allowing traders to speculate on future prices.
Margin Trading: Trading using borrowed funds to amplify gains (and risks).
2.2 Regulatory Landscape
Cryptocurrency regulations in India remain in flux:
RBI Restrictions: Previously, banks were restricted from providing services to crypto exchanges, but this has eased after Supreme Court intervention.
Taxation: Cryptocurrency gains are taxed at 30%, with a 1% TDS on transactions above a certain threshold.
Legal Status: Cryptos are legal to trade but not recognized as legal tender.
2.3 Strategies for Crypto Trading
Day Trading: Taking advantage of intraday volatility to make profits.
Swing Trading: Capitalizing on medium-term trends lasting days or weeks.
HODLing: Long-term holding based on belief in price appreciation.
Arbitrage: Exploiting price differences across exchanges.
2.4 Risks and Considerations
Cryptocurrencies are highly volatile; prices can swing 10-20% within hours.
Exchanges may face liquidity or security issues.
Regulatory changes can significantly impact prices.
3. Trading Platforms in India
3.1 Gold Trading Platforms
MCX (Multi Commodity Exchange): Futures and options.
Stock Broker Platforms: Zerodha, Upstox, ICICI Direct provide access to ETFs and SGBs.
Banks and Post Offices: For Sovereign Gold Bonds and physical gold.
3.2 Crypto Trading Platforms
WazirX: Popular for beginners with simple UI.
CoinDCX: Offers derivatives trading and margin facilities.
ZebPay: Secure platform with various coins available.
International Platforms: Binance and Kraken for Indian residents (with caution on regulations).
4. Technical and Fundamental Analysis
4.1 Gold
Technical Analysis: Uses price charts, trendlines, moving averages, and RSI to predict price movements.
Fundamental Analysis: Considers inflation rates, global demand, central bank policies, and geopolitical events.
4.2 Cryptocurrency
Technical Analysis: Chart patterns, candlestick formations, MACD, Bollinger Bands, and volume analysis.
Fundamental Analysis: Blockchain adoption, regulatory news, network updates, and market sentiment.
5. Risk Management
5.1 Gold
Diversify between physical gold, ETFs, and futures.
Limit leverage to avoid margin calls.
Monitor global gold prices and USD/INR movements.
5.2 Cryptocurrency
Trade only with capital you can afford to lose.
Use stop-loss orders to minimize losses.
Keep funds in secure wallets rather than exchanges for long-term holding.
Diversify across coins to spread risk.
6. Future Outlook
6.1 Gold
Gold will remain a core part of Indian investment due to cultural affinity and inflation hedging.
Global uncertainties, such as currency devaluation or geopolitical tensions, can drive prices higher.
6.2 Cryptocurrency
Adoption is expected to rise as digital literacy grows.
Regulations will play a pivotal role in shaping market stability.
Potential for blockchain-based applications beyond trading, including NFTs, DeFi, and metaverse assets.
Conclusion
Trading gold and cryptocurrencies in India offers unique opportunities for portfolio diversification. Gold provides stability and hedging against inflation, while cryptocurrencies offer potential high returns at higher risk. Success in both markets requires understanding the instruments, staying updated with global and domestic trends, employing technical and fundamental analysis, and practicing disciplined risk management.
Indian traders now have access to sophisticated platforms and instruments that enable both short-term speculation and long-term investment. Combining gold and cryptocurrencies strategically can help investors achieve a balance of security, growth, and speculative gains, ensuring a resilient and profitable portfolio in a rapidly evolving financial landscape.
NIFTY 50 – Bullish Flag Breakout in Progress | Continuation NIFTY 50 is showing a clean bullish flag breakout on the 1H chart after a strong impulsive leg from recent lows.
This consolidation phase acted as a flag correction, where price stayed within a downward-sloping channel before breaking to the upside.
The breakout suggests a continuation of the existing uptrend , supported by price closing above the EMA cluster and reclaiming short-term momentum.
Key Observations:
🚀 Impulsive bullish rally followed by tight flag formation.
🔹 Breakout candle confirming strength above 25,080 zone.
📈 If momentum sustains, next upside targets are 25,180 → 25,250 → 25,300.
⚠️ Invalid if price falls back below 25,05 0 with strong volume.
NIFTY breaking out from a bullish flag pattern 🚀
Continuation setup in play after a strong impulse move.
🔹 Above 25,080 = bullish
🔹 Targets: 25,180 / 25,250 / 25,300
🔹 Invalidation: below 25,050
#NIFTY #PriceAction #Breakout #BullishFlag #TechnicalAnalysis #HenishMavani
NIFTY KEY LEVELS FOR 09.10.2025NIFTY KEY LEVELS FOR 09.10.2025
Timeframe: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
please like and share my idea if you find it helpful
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
#NIFTY Intraday Support and Resistance Levels - 09/10/2025Nifty is expected to open slightly gap up near the 25,050 zone after yesterday’s mild correction. The index is currently trading within a consolidation range between 24,950 and 25,100, indicating indecision among traders ahead of a possible breakout.
If Nifty sustains above 25,050–25,100 after opening, it may trigger a bullish move toward 25,150, 25,200, and 25,250+. A breakout above 25,250 will likely extend the uptrend toward 25,350–25,450+ levels.
However, if the index slips below 24,950, it could invite short-term selling pressure, dragging prices toward 24,850, 24,800, and 24,750-.
Overall, the bias remains neutral to positive with a slight gap-up opening. Traders should focus on the breakout from the current consolidation zone for directional clarity, maintaining strict stop-loss levels for intraday trades.
NIFTY Levels for Today
Here are the NIFTY's Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
NIFTY : Trading levels and Plan for 09-Oct-2025💼 NIFTY TRADING PLAN – 09-Oct-2025
📊 Chart Reference: 15-min Timeframe
📍 Last Close: 25,023.80 | 🔻 Change: -12.60 pts (-0.05%)
📅 Analysis Based on Psychological and Technical Levels
🔍 Key Technical Zones
🟧 Opening Resistance: 25,113
🟧 Last Intraday Resistance: 25,160
🟥 Major Resistance: 25,260
🟩 Buyer’s Try Zone: 25,094 – 24,935
🟢 Next Support: 24,721
📈 Scenario 1 – Gap Up Opening (100+ pts above 25,123)
If Nifty opens around or above the 25,150–25,180 zone, it will enter near the last intraday resistance area.
Initial candles should be observed for supply reaction. If prices sustain above 25,160 for 15–30 minutes, momentum traders may expect a rally toward 25,260 — the next psychological resistance.
However, if price shows rejection at 25,160 and fails to close above it on a 15-min basis, expect a pullback toward 25,050–25,014.
Fresh buying should only be considered after a breakout and retest above 25,160, confirming strength.
Aggressive short traders can consider small risk entries near 25,250–25,260 only if reversal candles appear.
🧠 Educational Note:
A gap-up opening near resistance zones often triggers early profit booking. Let the market reveal its true direction before acting. Avoid emotional entries in the first 15 minutes.
⚖️ Scenario 2 – Flat Opening (Around 25,000 ± 50 pts)
A flat start indicates indecision and offers balanced opportunities.
If Nifty holds 25,014–25,040 and rebounds, a short-term long trade can be considered with targets near 25,113 → 25,160.
A sustained move above 25,160 could extend gains to 25,260, but watch volume confirmation.
If the index slips below 25,014, sellers might test the Buyer’s Try Zone (25,094–24,935) where a strong reversal can occur.
Any hourly candle close below 24,935 may open the gate for deeper correction toward 24,721.
💡 Educational Note:
Flat openings work best when traders plan both sides. Use 15-min candle confirmations and align with broader trend direction from hourly charts.
📉 Scenario 3 – Gap Down Opening (100+ pts below 24,930)
A gap down would place Nifty straight into or below the Buyer’s Try Zone.
Observe price behavior near 24,935–24,900. If buyers defend this zone with strong green candles, expect a sharp intraday pullback toward 25,014 → 25,113.
Failure to sustain above 24,900 may accelerate decline toward 24,721, a crucial swing support.
Avoid shorting aggressively at open — wait for a 15-min candle close below 24,900 for confirmation.
Reversal traders can build long exposure gradually with tight stops below 24,720 if support holds.
🧠 Educational Note:
Gap-down opens often induce panic. The key is not to chase moves. Let the market test support and confirm reversal before committing capital.
🛡️ Risk Management Tips for Options Traders
Keep position size within 2–3% of total capital for each trade.
Always define a stop loss based on candle close, not just intraday wicks.
Avoid trading OTM options during volatile sessions; use near ATM strikes for better delta control.
If volatility spikes, consider switching to spreads (bull call / bear put) to limit theta decay.
Respect time decay — avoid holding positions beyond 2:30 PM unless trend is very clear.
Never revenge trade after a stop-loss hit; remember, risk control = long-term survival. 🔒
📊 Summary & Conclusion
Nifty remains in a short-term corrective phase, with 25,160 acting as a crucial breakout level.
A move above 25,160 could lift prices toward 25,260, while rejection may invite selling pressure.
Support sits near 25,014 and deeper at 24,935–24,721.
Traders should focus on confirmation rather than prediction — patience and discipline will decide profitability.
🎯 Focus Zone for 09-Oct-2025:
🟩 25,014 → 24,935 (Buyer’s Control)
🟥 25,160 → 25,260 (Seller’s Control)
📢 Disclaimer:
I am not a SEBI-registered analyst . The above analysis is for educational and informational purposes only. Traders should conduct their own research or consult a financial advisor before making any investment decisions.
Nifty 50 Index – Bullish Pole & Flag Breakout Setup(5-min-15min)The Nifty 50 index on the 5-minute and 15-minute timeframe is showing a bullish pole and flag continuation pattern. After a strong upward rally (the pole), the price has entered a downward-sloping consolidation channel (the flag), indicating healthy profit booking. The pattern suggests potential for a breakout on the upside, resuming the prior bullish trend.
Key levels to watch:
Support: 24,824 – 24,883 zone (green lines)
Resistance: 25,222 and 25,359 (red lines)
Breakout Target Zone: Above 25,400 if price sustains above the flag channel resistance.
The volume profile also indicates strong accumulation near 25,000, further strengthening the bullish bias.
WE are still bullish above 25000!!As we can see NIFTY has shown weakness despite its strong opening but we can stand by our analysis following our previous post meeting criterias hence as long as we are above 25000 levels with minorn deviation of +/- 100 points we are still strong and enter around strong demand zones so plan your trades accordingly and keep watching everyone.
NIFTY intraday analysis for October 9, 2025Bullish if the index sustains above the 25081-25090 range. A confirmed move above this pivot targets the 25131-25143 and 25153-25157 strong resistance levels, with potential final upside targets around 25206-25211. Then 25252/75/98
Conversely, a breakdown occurs if NIFTY sustains below 24046-24037, establishing a bearish bias. If the selling pressure continues below the 24971-24943 strong support zone, the trend may turn bearish, with the crucial "last hope" level for bulls being 24916. A closing price below 24916 would provide a strong additional confirmation of a downside trend.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Nifty Intraday Analysis for 08th October 2025NSE:NIFTY
Index has resistance near 25250 – 25300 range and if index crosses and sustains above this level then may reach near 25450 – 25500 range.
Nifty has immediate support near 24950 – 24900 range and if this support is broken then index may tank near 24750 – 24700 range.
“Nifty 50 Intraday Key Levels | Buy & Sell Zones 9th Oct 2025”“Want to learn more? Like this post and follow me!”
25278🔴 Above 10m closing Shot Cover Level
Strong resistance — short covering likely above this.
25178🟠 Below 10m hold PE By level /
Above 10m hold CE by level
25078🟣 Above 10M hold positive trade view
Below 10M hold negative trade view
Sentiment deciding level — crucial for trend direction.
24980⚫ Above Opening S1 10m Hold CE By level
Bullish entry level — CE hold area.
24890🟠 Below Opening R1 10m Hold PE By level
Below 10m hold PE By Risky Zone Weak zone — PE may strengthen below this.
24780🟢 Above 10M hold CE By Safe Zone level
Safe bullish zone — CE can be held confidently above.
24,770 🔵 BELOW 10M hold UNWINDING level
Breakdown zone — unwinding or heavy selling possible below.
Nifty Structure Analysis & Trade Plan: 9th OctoberDetailed Market Structure Breakdown
4-Hour Chart (Macro Trend)
Structure: The Nifty is showing a clear rejection from the major supply zone of 25,150 - 25,250. The strong red candle on the 4H chart (a potential Shooting Star/Bearish Engulfing pattern) indicates that the bounce phase is likely over, and the market is now retreating back into the consolidation range.
Key Levels:
Major Supply (Resistance): 25,150 - 25,250. This area remains the critical overhead hurdle.
Major Demand (Support): 24,800 - 24,900. This area includes a FVG (Fair Value Gap) and the lower boundary of the recent ascending channel. This is the must-hold zone for the bulls.
Outlook: The trend has shifted to sideways-to-bearish. The market is expected to test the 24,800 - 24,900 support zone.
1-Hour Chart (Intermediate View)
Structure: The 1H chart shows a clear Market Structure Shift (MSS) to the downside. The price broke the immediate swing low after being rejected from the 25,200 level. The index has now broken the lower trendline of the recent ascending channel, confirming the shift to a corrective short-term trend.
Key Levels:
Immediate Resistance: 25,100 (Prior consolidation support, now resistance).
Immediate Support: 24,980 - 25,000 (The psychological level and Friday's close area).
15-Minute Chart (Intraday View)
Structure: The 15M chart shows a clean descending pattern since the 25,200 high, marked by lower highs and lower lows. The market closed below the 25,050 mark, indicating bears are in control.
Key Levels:
Intraday Supply: 25,080 (Immediate swing high).
Intraday Demand: 24,900 - 24,950.
Outlook: Bearish. A "Sell on Rise" strategy is recommended near 25,080 - 25,100.
📈 Trade Plan (Thursday, 9th October)
Market Outlook: The Nifty has shifted to a bearish bias after hitting major resistance. TCS Q2 results are due today, which will heavily influence Nifty IT and potentially the entire index. The plan should be reactive to the continuation of the correction.
Bearish Scenario (Primary Plan)
Justification: The breakdown of the ascending channel and the rejection from the major 25,200 supply zone favors a continuation of the correction, especially if TCS results disappoint.
Entry: Short entry on a decisive break and 15-minute candle close below 24,980 (breaking the psychological and swing support). Alternatively, short a retest and rejection of the 25,080 level.
Stop Loss (SL): Place a stop loss above 25,150 (above the immediate swing high).
Targets:
T1: 24,880 (Major FVG support).
T2: 24,800 (Lower boundary of macro support).
T3: 24,700 (Extension target).
Bullish Scenario (Counter-Trend/Reversal Plan)
Justification: Only valid if TCS results are exceptionally strong, leading to a gap-up or sharp reversal.
Trigger: A sustained move and close above the major resistance at 25,250.
Entry: Long entry on a confirmed 15-minute close above 25,250.
Stop Loss (SL): Below 25,150.
Targets:
T1: 25,350 (Upper resistance).
T2: 25,450 (Previous high).
Key Levels for Observation:
Immediate Decision Point: 25,080 - 25,100 zone.
Bearish Confirmation: A break and sustained move below 24,980.
Bullish Confirmation: A move back above 25,150.
Line in the Sand: 24,800. A break below this would accelerate the correction.
Nifty Showing Bearish Divergence — Potential Reversal Ahead!Nifty 50 (INDEX:NIFTY) is flashing a bearish divergence signal on the daily chart — a classic early warning of potential trend exhaustion.
📉 What’s Happening:
Price has made a higher high , reflecting continued bullish momentum on the surface.
However, the RSI (Relative Strength Index) has formed a lower high , showing weakening internal strength and momentum loss.
This bearish divergence between price and RSI often precedes a short-term reversal or correction phase .
🧩 Interpretation:
This setup suggests that even though price continues climbing, buying momentum is fading . Bulls may be losing strength, and bears could soon take control — especially if price fails to sustain above key resistance zones or shows a bearish confirmation candle in the coming sessions.
🎯 Target: 24,800
⛔ Stop Loss: 25,220
NIFTY 50 – Bullish Flag Formation | Continuation Pattern in PlayNIFTY 50 is currently forming a bullish flag pattern on the lower timeframe after a strong impulsive move to the upside.
This consolidation phase represents a healthy correction within an uptrend , indicating that bulls are likely preparing for the next breakout leg .
The structure is showing a clear flag channel , where price is respecting parallel trendlines after the strong upward impulse.
Volume is also contracting during the pullback — a typical characteristic of a flag pattern.
Key Highlights:
🚀 Strong impulsive move followed by tight consolidation (flag).
📉 Flag resistance zone: 25,130 – 25,170
📈 Breakout above this zone could trigger bullish continuation toward 25,300 – 25,400.
⚠️ Invalid if price breaks below 25,050 with strong momentum.
Trading Idea:
Wait for a clean breakout candle above the flag resistance with volume confirmation for potential long entries.
Only You can make you ProfitableThose who have been in the trading world for some time must have realized by now that Profitable trading isn’t just about charts and indicators, it’s mostly about Yourself.
We may have the cleanest setup, perfect RSI levels, and all your EMAs aligned like planets, and still lose money😢
Because charts do not control your hand on the mouse or keyboard buttons, only you do.
The real problem usually is not the entry or the indicators.
It’s
Impatience,
Overconfidence,
Revengeful trading,
Need more confirmation
before hitting the buy button.
These habits grow over time if not realized and controlled at the very beginning, lead to more and more losses.
Indicators can give you an edge. But they can’t stop you from cutting winners too soon or holding losers too long. You need to first plan and then execute it religiously.
Trading doesn’t test your strategy; it tests your discipline.
And honestly, that’s what makes it both frustrating and fascinating.
What do you think?
Nifty 50 Is Showing Sign of ReversalIn previous chart, Expected upsurge accomplished:
Nifty has reached the optimal supply zone and is expected to decline, at least up to 24,584 . The retracement of wave A (0.786) could act as a strong resistance for a reversal. The lower boundary lies at 24,120 , while 24,377 marks the low of wave (W). It’s better to consider the lower boundary as the potential maximum downside level.
Once the reversal level is identified, we will proceed toward the bullish path.
Stay tuned!
@Money_Dictators
Thanks :)
Nifty as said previous post upmove will continue now 25300 hit Nifty buy recommended on previous post now 25300 hit , updated levels given on chart
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active.
Total we have 7 important level which are support and resistance area
Until , 16% not break uptrend will continue if break then profit booking will start.
If break 25% then fresh downtrend will start then T1, T2,T3 will activate
1,3,5,10,15,20 minutes are short term levels.
30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
NIFTY 50 – Trendline Support Retest and Possible Pullback Setup🔹 NIFTY 50 is respecting its ascending trendline after a healthy pullback.
🔹 Watch 25,100 support zone carefully — a bounce could resume the uptrend.
🔹 Breakdown below 25,070 = possible retracement.
🧩 Possible Scenarios:
Bullish:
If NIFTY sustains above 25,100 and breaks 25,270, we can target 25,400+.
Bearish:
A breakdown below 25,070 could invite short-term selling up to 24,950 or 24,880.
NIFTY KEY LEVELS FOR 08.10.2025NIFTY KEY LEVELS FOR 08.10.2025
RTF: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
please like and share my idea if you find it helpful
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
NIFTY - CE or PEFollow the link for history/continuation
Recap:
💡 View shared on 6th Oct 2025:
📌 LTP: 25,077
🔻 R: 25,156 - 25,205
🔺 S: 25,052-24930
💡 View:
Because Nifty closed above our crucial roadblock 🚧 of 25,052, there is a strong chance of a Gap up opening & a high probability of Nifty moving towards the 25,200 mark.
Tomorrow being the 1st expiry of the month, let me share a few scenarios that can guide your trades:
1) Gap up opening & moving further north → Chance of Short Covering taking it higher.
2) Nifty approaching 25,200 → Possible Profit Booking.
3) Gap Down opening → It’d be buy on dips unless Nifty spot breaks & sustains below 24,980.
4) Range-bound session during the day with some +ve bias towards close.
📌 Now the big question: Will it be Profit Booking or Short Covering (or both)?
👉 Time will unfold this mystery.
Key Levels to Watch: 24,980 / 25,155 / 25,205 / 25,255
✅ Strength above 25256
❌ Weakness below 24,935
⚠️ Keep Churning as per Trend
Actual on 7th Oct 2025
We witnessed Nifty moving exactly in the same manner as per our shared view & detailed scenarios Point # 1 & 2
it went on to touch a high of 25203 & retraced till 25099 again moved till 25220 & finally closing @ 25,108
Overall, it matched all the Key levels shared yesterday
OHLC
25,085
25,220
25,076
25,108
08/10/2025 Nifty View
📌 LTP: 25,108
🔻 R: 25,156 - 25,205
🔺 S: 25,052-24930
💡 View:
As mentioned, we saw Profit booking exactly at our given level of 25,205 & 25,255.
I wish to draw your attention to a Technical aspect — a Gravestone Doji has been formed in Nifty on the Daily Time Frame, and that usually indicates a Trend Reversal.
Tomorrow, we might see a Gap down opening followed by an uptrend.
However, if Nifty Spot breaks & sustains below 24,980–24,930, then BEARS might take control.
Else, everything looks good.
Earlier Crucial Roadblock 🚧 of 25,052 Now consider it Crucial Support zone.
Key Levels to Watch: 24,980 / 25,155 / 25,205 / 25,255
✅ Strength above 25256
❌ Weakness below 24,935
⚠️ Keep Churning as per Trend
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Naresh G
SEBI Registered Research Analyst
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