#NIFTY Intraday Support and Resistance Levels - 26/03/2025Gap up opening expected in nifty near 23750 level. After opening 23750 level will act as a resistance for the opening session. In case nifty starts trading and sustain above 23800 level then expected upside rally upto 24000+ level. Major downside expected below 23500 level.
Niftyprediction
NIFTY : Levels and Plan for 27-Mar-2025📊 Market Context:
NIFTY closed at 23,464.30, experiencing a minor pullback after a previous uptrend. The index is currently at a crucial support zone, where price action will determine the next movement.
Let’s analyze the plan for different opening scenarios and structure our trades accordingly.
🔼 Scenario 1: Gap-Up Opening (100+ points above 23,590)
A gap-up above 23,590 will place NIFTY near its Opening Resistance. This level is important because it has previously acted as a supply zone, and bulls need strong momentum to sustain above it.
✅ Plan of Action:
If price sustains above 23,590, we can expect a bullish move towards the Last Intraday Resistance at 23,660. A breakout above this level may extend gains to 23,780+.
If price gets rejected from 23,590 and starts reversing, look for a shorting opportunity, targeting 23,501 → 23,464.
Avoid aggressive long trades inside the 23,590 – 23,660 zone unless there is a clear breakout with volume.
🎯 Pro Tip: If the gap-up is weak and fills within 15 minutes, it indicates profit booking, leading to a possible retracement.
⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,464)
A flat opening suggests market indecision, requiring confirmation before entering a trade.
✅ Plan of Action:
Upside case: If NIFTY breaks above 23,501, it can move towards 23,590. Observe price action at this level before deciding on further longs.
Downside case: If NIFTY breaks below 23,464, expect a decline towards the Opening Support Zone (23,501 – 23,477). A breakdown below 23,477 could trigger a deeper fall to 23,297.
Neutral Zone: If the index trades between 23,464 – 23,501, it indicates a choppy market. Avoid unnecessary trades here.
🎯 Pro Tip: A flat opening often leads to fake breakouts in the first 15 minutes. Wait for a strong candle close before entering a position.
🔽 Scenario 3: Gap-Down Opening (100+ points below 23,350)
A gap-down below 23,350 will put NIFTY near its Last Intraday Support Zone (23,297 – 23,343). If this level fails, further downside is possible.
✅ Plan of Action:
If price sustains below 23,350, expect a test of 23,297. A breakdown here could lead to heavy selling towards 23,182 – 23,100 levels.
If price rebounds from 23,297, it could trigger a pullback towards 23,464. Watch price action at 23,464 – 23,501 for signs of rejection or continuation.
Be cautious of bear traps—if price quickly reverses after a sharp gap-down, it might indicate a short-covering rally.
🎯 Pro Tip: In a gap-down scenario, avoid panic selling. Watch for reversals from key support levels before initiating fresh shorts.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Keep your position sizing disciplined to minimize potential losses.
🔹 Theta Decay Awareness – If the market consolidates, option premiums will erode quickly.
🔹 Hedge Your Trades – Use spreads instead of naked options to reduce risk.
🔹 Wait for Confirmation – Enter trades only after a breakout/breakdown is retested with volume.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,590 → 23,660 → 23,780
🟧 No Trade Zone: 23,501 – 23,464
🟩 Support: 23,501 → 23,297 → 23,182
🔸 Bullish Bias: Above 23,590, targeting 23,660 – 23,780
🔸 Bearish Bias: Below 23,350, expecting a fall towards 23,297 – 23,182
🔸 Neutral/Sideways: If price remains between 23,501 – 23,464, avoid unnecessary trades.
🎯 Final Advice:
Stick to the plan and trade only at key levels.
Avoid trading inside No Trade Zones.
Let the market settle for 15-30 minutes before making big moves.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your research or consult a financial advisor before trading.
Nifty Review & Analysis - DailyNifty opened Gap up +90 points and soon saw profit booking, again found buying and made high of 23870 and saw sell off to 23650 levsl to close flat at 22368.
Price Action : - Bullish
Nifty closed Flat with some profit booking at highs.
Candle Pattern: - Bullish
Formed a Bearish candle, shpuld see tomorro’s candle for further direction.
Daily EMA Positioning: Bullish
10dEMA 23105
20dEMA 22926
50dEMA 23036
200dEMA 23402
EMA Trend:
Closed above 10dEma ,20dEma, 50DEMA and 200DEMA,
Daily MA suggests Buy
Hourly suggests Strong Buy
15mins Suggests Strong Buy
The momentum indicator, RSI - Relative Strength Index is above 60 now at 71.65 - Just Over Bought
Momentum gaining towards Upside
Support/Resistance Levels:
Major Support 23300-200
Immediate Support 22500
Immediate Resistance 22700
Major Resistance 23800, 24000
Trend:
Short Term Trend is Sideways Consolidation
Daily Options Activity:
Highest CE OI was at 24000 also saw OI addition at 24000. 23800, 23700 - Resistance
Highest PE OI was at 23500, with no major PE addition
PCR is 1 indicating indecisiveness
Daily Futures Activity FII + Pro F&O Data:
FII Long/Short ratio at 33%/67% indicating addition of Longs by FIIs - Bullish
Change in Futures OI:
FII Future positions saw little addition in longs +2K with shorts unchanged -Bullish
Nifty Futures price was flat with 3% OI Addition indicating Long Additions
Observation:
Nifty looks strong above 23500, saw profit booking at 23870. Might consolidate above 23500-600 for further move
Overall Trend:
Sentiment is Positive Sideways
Outlook for Next Session:
Nifty looks strong around 23600, might consolidate above 23550 before another upmove to 24000
Approach & Strategy:
Long around 23500-600 in April contract, with 23300 as SL
My Trades & Positions:
Long in 23600CE April contract
NIFTY READY FOR CORRECTION: BOOK PROFITSCRIPT: NIFTY CURRENT CONTINIOUS FUTURS
Timeframe: Daily
Important Support and Resistance Zones:
Resistance Zone: 23,170 - 23,240 = 70 points (supply zone)
Support Zone: 22,910 - 22,825 = 85 points (Demand Zone)
Today's High: 23,232.60
RSI: 59.08
As per past data, we can observe, price has corrected from mentioned supply zone and importantly when RSI has reached 60 mark on daily timeframe.
Here, there are several factors joining hands to correct Nifty in coming days.
1) Nifty reaching its supply zone
2) RSI near to mark 60
3) Past 4 days Nifty is rising continuous
Takeaway:
Yesterday's Close: 22972.95
Today's Close: 23,191.00
Difference: 259.65
Half the Difference: (259.65/2 = 109.025)
Subtracting from Today's Close: 23191.00 - 109.025 = 23081.975
Now, If price crosses this level in coming days, we can expect further fall in Nifty.
Target Condition: Price must cross 23,081 level in coming couple of days. If so,
Target Price: We will see further correction in Nifty till our Support Zone which is at
22,910.00 - 22,825.00
Expected Time: Approximately 7 to 12 Days from today.
#NIFTY Intraday Support and Resistance Levels - 25/03/2025Today will be gap up opening in nifty. Expected opening near 23750 level. After opening if nifty starts trading above 23800 then this bullish rally can extend for further 150-200+ points upto 24000+ level in today's session. Any major downside only expected below 23500 level.
Nifty Review & Analysis - DailyNifty opned at 23700 and couldn’t go higher trading in a range for most part of the morning session, then saw selling pressure and tested 23450 and closed in neagtive at 23486 down -0.7%
Price Action : - Bullish
Nifty closed Neagtive with some profit booking at highs.
Candle Pattern: - Bullish
Formed a Neagtive Bearish candle, Bearish untill recent highs taken out
Daily EMA Positioning: Bullish
10dEMA 23176
20dEMA 22980
50dEMA 23136
200dEMA 24080
EMA Trend:
Closed above 10dEma ,20dEma, 50DEMA and 200DEMA,
Daily MA suggests Buy
Hourly suggests Sell
15mins Suggests Strong Sell
The momentum indicator, RSI - Relative Strength Index is now below 70 at 65 - not Overbought
Momentum gaining towards Neutral to Positive
Support/Resistance Levels:
Major Support 23000
Immediate Support 22300-200
Immediate Resistance 22550
Major Resistance 23700, 24000
Trend:
Short Term Trend is Sideways Consolidation with Negative bias
Daily Options Activity:
Highest CE OI was at 24000 also saw OI addition at 24000. 23600, 22500 - Resistance
Highest PE OI was at 23500, saw Pe unwinding at 23000 with no major PE addition
PCR is 0.8 indicating mild Bearishness
Daily Futures Activity FII + Pro F&O Data:
FII Long/Short ratio at 33.5%/66.5% indicating addition of Longs by FIIs - Bullish
Change in Futures OI:
FII Future positions in longs & shorts remained unchanged -not Bearish
Nifty Futures price was -.7% with 2.5% Decrease in OI indicating Shorts Additions
Observation:
Niftylooked below 23700 as it couldn’t find buyers and saw selling at highs to close weak below 23500
Overall Trend:
Sentiment is Sideways cautious
Outlook for Next Session:
Nifty saw profit booking afrter 6-7 days of large upmove. Now in No trade Zone basically. Wait and watch for clear signal till 22300 or 22800 taken out
Approach & Strategy:
Wait and Watch with Long bias
My Trades & Positions:
No Positions
NIFTY 50 Breakout of Daily Trend Line. What Next?There was a Daily Trend Line Breakout for NIFTY50 and then We saw a Unhealthy up movement. Now the Price is on the extreme of a weekly Supply zone.
There can be a Pull back now till Daily EMA20 @ 23050.
If it takes Support from Daily EMA it should then Try and Break Weekly Supply Zone
Above 24000 NIFTY will be considered in UPTREND again.
Hope for the Best!
Nifty Review & Analysis - Daily
Nifty opened Gap up +150 points again following Global Cues and saw surge throughout the day making a high of 23708 and closing at 23658 (+1.5%).
Price Action : - Bullish
Nifty closed 1.5% in positive. Consequtive 6 days green candle and closing above 10,20,50 nad 200 dEMA
Candle Pattern: - Bullish
Formed a Big Green candle with a small wick on upside.
Daily EMA Positioning: Bullish
10dEMA 22979
20dEMA 22848
50dEMA 23036
200dEMA 23399
EMA Trend:
Closed above 10dEma ,20dEma, 50DEMA and 200DEMA,
Daily MA suggests Strong Buy
Hourly suggests Strong Buy
15mins Suggests Strong Buy
The momentum indicator, RSI - Relative Strength Index is above 60 now at 71.5 - Just Over Bought
Momentum gaining towards Upside
Support/Resistance Levels:
Major Support 23300-500
Immediate Support 22600
Immediate Resistance 22750
Major Resistance 24000
Trend:
Short Term Trend is Bullish
Daily Options Activity:
Highest CE OI was at 24000 also saw some unwinding with huge Unwinding at 23600-500 highest - Support
Highest PE OI was at 23300, highest Put addition seen at 23500 followed by 23600 - support
PCR is 1.2 indicating Bullishness
Daily Futures Activity FII + Pro F&O Data:
FII Long/Short ratio at 32.5%/67.5% indicating addition of Longs by FIIs - Bullish
Change in Futures OI:
FII Future positions saw littl3 addition in longs +2K with shorts unchanged -Bullish
Nifty Futures price was higher by 01.5% and 12.5 %OI Increase indicating Long Additions
Observation:
Nifty looks strong above 23550 forming daily positive green candles, closing above 10,20,50, 200dEMA and RSI just in overbought zone
Overall Trend:
Sentiment is very Positive
Outlook for Next Session:
Nifty looks strong around 23600, might consolidate above 23550 before another upmove to 24000
Approach & Strategy:
Long with 22850 as SL in April contract, continue with SL 23500
My Trades & Positions:
Long in 23200CE April, closed and moved to 23600CE April
Nifty Futures intraday trend for March 25, 2025Nifty Futures broke the key resistance at 23623 and closed higher and the further uptrend is anticipated to take resistance at 23825.
Nifty futures may begin with a gap down opening tomorrow ie March 25th and a down trend in the morning may give us an opportunity to enter long.
Decoding NIFTYDear Traders,
I hope this message finds you well in your trading endeavours and personal pursuits. I am excited to share a compelling opportunity with you through a new NIFTY analysis that sheds light on the continuation of the market shift.
Preliminary Analysis Overview:
The downtrend from all-time highs has reached approximately 65% of its progression.
The recent upward surge is somewhat concerning due to concerns about a new trend or a correction within a correction in a larger degree (downtrend).
Let us discuss the key points to distinguish between these two scenarios:
The second leg of the downtrend is experiencing a correction, having completed approximately 89/90 days (which reinforces the interim trend’s completion).
The current correction is progressing rapidly, exhibiting limited sub-waves, which is typically not a characteristic of a motive wave (especially at the beginning of a trend).
The accompanying chart illustrates this point.
Let us elucidate the reasons behind this assertion:
Reason I:
As a staunch believer and ardent follower of Master WDG , the significance of time cannot be disregarded.
The primary downtrend commenced on September 27, 2024, and is poised to encounter a pivotal juncture, namely 180 days from its commencement on March 25, 2025 (Tuesday). This date also coincides with a cross-over with the Fibonacci value of 21 from March 4, 2025, where the interim correction commenced (21,964.60).
The 180D is a component of both the tetragram and the hexagram, and it also represents the midway point of a complete circle (360).
There is also another weird correlation, 4th MAR’25 & 25th MAR’25 both falls on Tuesday marking initiation & termination, the same day.
Reason II:
The geometric patterns of preceding and ongoing movements further support this analysis.
Analyzed both on a daily and weekly basis. The correction responded favorably to both Fibonacci retracements and trendlines. Upcoming resistance levels include:
RI: 23,590~23,600
RII:23,653 (23.6% of the downtrend)
RIII: 23,807
The previous support level is acting as a crucial resistance.
I also observe that there will not be a positive close in 3M charts.
Reference:
Important Dates to Remember:
As suggested, March 25, 2025, marks a significant juncture in the overall trend.
This is pure technical based analysis & does not involve any economic data releases other factors.
** Final Verdict: **
The market is anticipated to conclude its final leg of the downtrend, commencing from this Tuesday. However, the duration of this leg can range from 1 to 2 months.
I have identified several crucial dates for monitoring the upcoming trend. Stay informed!
**Strategy:**
Given the prevailing market conditions, adopting a bearish stance appears prudent.
Any sell positions executed after 23,550 will yield positive returns.
While it may seem counterintuitive to deviate from the prevailing trend, I am merely adhering to the established rules (without expressing any personal sentiment). However, it is inherently risky. Therefore, it is imperative to implement robust risk management strategies during such high-risk trades that are significantly influencing the market.
Additionally, please exercise caution regarding option buying. The low volatility environment is concerning, but it is anticipated to normalize as the downtrend progresses.
Fellow Traders,
The creation of this valuable analytical resource has required countless hours of dedication and effort. If you find it useful, I humbly request your support by boosting the idea and following me (updates will be provided via this post, new posts, and through minds). Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally.
Thank you for investing your time in reading this article.
Wishing you profitable and fulfilling trading endeavors!
Disclaimer:
Before concluding, I must emphasize that the insights shared are based on my analysis. It is crucial for you to conduct your own research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial objectives and risk tolerance.
#NIFTY Intraday Support and Resistance Levels - 24/03/2025Today will be gap up opening expected in nifty. Expected opening near 23450 level. After opening if nifty gives breakout and starts trading above 23500 level then expected strong upside rally upto 23750+ level in opening session. 23500-23450 level will act as resistance. Any correction only expected if nifty gives reversal from this level.
NIFTY : Intraday Trading levels and Plan for 25-Mar-2025📊 Nifty Trading Plan – 24-Mar-2025 (Educational & Strategy-Oriented)
Chart Timeframe: 15-Min | Key reference zones marked on chart
📍
🚀 GAP-UP Opening (Above 23,407)
If Nifty opens with a gap-up above 23,407, it will enter the Wave 3 Resistance Zone (23,508 – 23,582), which is a high-probability reversal zone.
✅ Plan of Action:
• Don’t rush into buying after the gap-up. Wait and observe the price behavior around 23,508 – 23,582.
• This area is likely to witness profit booking or short build-up.
• Look for signs of reversal like bearish engulfing, shooting star, or bearish divergence on RSI.
• If such patterns form, consider buying Put Options (OTM PE) with a stop-loss on a 15-min candle closing above 23,585.
• If Nifty sustains above 23,582 with strong volume, then we might be heading into an extended up-move, but this is lower probability.
• Safer trades are shorting on signs of exhaustion at higher levels.
📌 Key Zone to Watch: 23,508 – 23,582 (Wave 3 Resistance)
📈 FLAT Opening (Between 23,245 – 23,407)
This is the Opening Resistance / Support Band (23,345 – 23,407), acting as a decision-making zone.
✅ Plan of Action:
• Let the market settle in the first 15–30 mins.
• If price holds and builds strength above 23,345, Nifty may climb towards 23,407, and if broken, test 23,508+.
• Weak price action (rejection wicks or low volumes) from 23,345–23,407 signals weakness. In that case, look for short opportunities with SL above 23,407.
• Avoid CE entries unless price sustains above 23,407 with momentum and volume breakout.
• If price starts to slip below 23,245, sellers will get more active and price could drop quickly to next support.
📌 Key Decision Zone: 23,345 – 23,407
📌 Support Trigger: 23,245 (Opening Support)
📉 GAP-DOWN Opening (Below 23,245 or near 23,185 – 22,985)
If Nifty opens below the Opening Support at 23,245, or even near deeper support zones of 23,185 or 22,985, it will bring in volatility and create both breakdown and reversal opportunities.
✅ Plan of Action:
• A gap-down near 23,185 should be watched carefully. This is a minor intraday support. If held with a bullish candle (like a hammer), consider buying CE with SL below 23,160.
• If the gap-down extends to 22,985 (Last Support for Intraday), it's a strong bounce zone. A bullish reversal candle here provides high RR long trades.
• If price fails to hold 22,985, sellers may dominate and drag Nifty further down. Consider PE trades only after a 15-min close below 22,985.
• Avoid panic trading – let the zone react and only act based on confirmation candles.
📌 Bounce Zones: 23,185 and 22,985
📌 Breakdown Trigger: Below 22,985
🛡️ Risk Management Tips for Options Traders:
• Avoid trading first 5–15 mins after opening, especially on gap days – let price give structure.
• Use hedged strategies like Bull Call or Bear Put Spreads to reduce premium loss due to theta decay.
• Trade light near reversal zones – don’t go all-in on emotional conviction.
• Always place stop-loss on closing basis (15-min candle), not fixed points, especially during volatile moves.
• If VIX is high, premiums are inflated – focus on quick entry & exit, no holding hoping for magic.
📌 Summary & Conclusion:
• Nifty has entered a critical decision zone.
• Watch 23,407 carefully – above it, bulls may attempt a final push to 23,582, but signs of exhaustion there are likely.
• On the downside, supports at 23,185 & 22,985 will act as bounce zones.
• Directional trades should be initiated only after price confirms intent post opening.
• Use structure + volume for confidence in setups.
⚠️ Disclaimer: I am not a SEBI-registered analyst. The above content is for educational purposes only. Please do your own analysis or consult a certified financial advisor before making any trading decisions.
Nifty's Strong Surge: What's Next for the Market?
This week, Nifty surged to 23,350, an impressive 950-point rally from last week’s close. The index hit a high of 23,402 and a low of 22,353. As I highlighted last week, I expected Nifty to trade within a narrow range of 22,850 – 21,950. However, Nifty broke out of this range, shattering the upper limit, and the resulting short covering led to a strong bullish close.
Next Week: A Critical Turning Point
Looking ahead, next week is going to be crucial. Despite the strong move, Nifty is still in a bearish phase on both the weekly and monthly time frames. However, if Nifty manages to retrace slightly to 23,000 and sustain above the 22,900 – 23,000 range, we could see the bulls taking control, pushing the market up toward 23,800/23,850.
On the other hand, if Nifty falls below 22,800, it would signal a breakout failure, which would be bad news for the bulls. In that case, Nifty could potentially drop to 22,000.
March-End Volatility: Be Ready for Both Sides
At the end of March, traders typically start booking their losses to offset gains for the financial year, creating increased volatility. This makes it an exciting time for directional traders, as we could see sharp movements in both directions.
For me, as long as the monthly and weekly charts remain bearish, I am cautious and not ready to turn bullish just yet. However, there are some sectors showing relative strength, and these could offer trading opportunities:
Nifty Energy
Nifty Financial Services
Nifty Metal
Nifty Public Sector Enterprises (PSE)
Keep an eye on stocks from these sectors, as they are currently outperforming others.
S&P 500: Mixed Signals
On the global front, the S&P 500 closed this week at 5,667, barely 30 points above last week’s close. The index has failed to sustain above the DEMA200 level at 5,705, signaling that the bulls are struggling to maintain momentum. A consecutive daily close above this level would help restore confidence among the bulls, potentially targeting 5,850.
However, if S&P 500 drops below 5,600, we could see a faster sell-off, with the recent low of 5,500 likely to come into play. It’s going to be a tense week as we await to see whether the bulls or the bears take control.
In Summary: Prepare for Volatility
Next week promises to be an exciting week for traders, as both domestic and global markets face critical levels. Directional traders should remain flexible, prepared for sharp moves in both directions. Focus on key sectors showing strength and stay vigilant for any breakout or breakdown in the Nifty and S&P 500.
#NIFTY Intraday Support and Resistance Levels - 21/03/2025Flat opening expected in nifty. Expected opening near 23200 level. This level will act as an immediate resistance for nifty. Any downside reversal expected from this level. Downside 23000 level will act as a strong support for today's session. Any downside movement can revers from this support level. Strong upside rally expected if nifty starts trading above 23250 level. This rally can be 200-250+ points in today's session.
Nifty Review & Analysis - Daily
Nifty opened Gap up again following Global Cues and saw surge throughout the day making a high of 23216 and closing at 23190 +1.25%.
Price Action : - Bullish
Nifty closed 1.25% in positive. Consequtive 4 days green candle and closing above 10,20,50 dEMA and forming big weekly green candle breaking out above Trend line connecting Life thigh and previous highs.
Candle Pattern:
Formed a Big Green candle with a small wick on upside.
Daily EMA Positioning:
10dEMA 22713
20dEMA 22710
50dEMA 22997
200dEMA 23397
EMA Trend:
Closed above 10dEma ,20dEma & 50DEMA,
Daily MA suggests Buy
Hourly suggests Strong Buy
15mins Suggests Strong Buy
The momentum indicator, RSI - Relative Strength Index is above 60 now at 63
Momentum gaining towards Upside
Support/Resistance Levels:
Major Support 23000
Immediate Support 22150
Immediate Resistance 22250
Major Resistance 23500
Trend:
Short Term Trend is Bullish
Daily Options Activity:
Highest CE OI was at 23500 with highest addition at 23400 and 23500- Resistanc
Highest PE OI was at 23000, highest Put addition seen at 23000 followed by 23200 - support
PCR is 1.1 indicating Bullishness
Daily Futures Activity FII + Pro F&O Data:
FII Long/Short ratio at 30%/70% indicating slowly addition of Longs by FIIs - Bullish
Change in Futures OI:
FII Future positions saw little addition in longs +9K with -10K change in shorts -Bullish
Nifty Futures price was higher by 0.9% 3.5 %OI decreasing indicating weakness is current upmove
Observation:
Nifty looks strong above 23000 forming daily positive green candles and weekly huge green candle closing above 10,20,50dEMA and FII long addition
Overall Trend:
Sentiment turning Positive
Outlook for Next Session:
Nifty looks strong around 23200, might consolidate abobe 23000 before another upmove
Approach & Strategy:
Long with 22850 as SL in April contract
My Trades & Positions:
Long in 23200CE April
NIFTY Trading Levels and Plan for 21-Mar-2025📅 NIFTY Trading Plan – 21-Mar-2025
📍 Reference Price: 23,190 (Close on 20-Mar-2025)
📊 Chart Structure: Price is nearing exhaustion at highs, so we need to observe for either continuation or reversal from resistance zones.
📌 Opening Scenario 1: GAP-UP Opening (100+ Points)
🟢 Expected Open Zone: 23,270 – 23,330
👉 If Nifty opens with a strong gap-up above 23,270: Watch for price action near 23,345 , marked as the last strong intraday resistance . If you see rejection (like wick rejections or bearish engulfing on 5m/15m), consider initiating short positions with a stop loss above 23,370. On clean breakout and sustained move above 23,345, target the Profit Booking Zone: 23,407–23,445+ . Be cautious chasing longs on a gap-up unless price consolidates and confirms breakout.
🎯 Key Tip: Don't short just because it's a gap-up. Let the candle give confirmation through rejection patterns.
📌 Opening Scenario 2: FLAT Opening
🟠 Expected Open Zone: 23,150 – 23,190
👉 In case of flat to mild gap open: Watch 23,185 as the immediate Opening Resistance / Support .
If price sustains above 23,185 with strength, you can look for a long entry targeting 23,345 and beyond.
However, if price struggles and fails to cross 23,185 with rejection patterns, short toward 23,068 and 22,994.
Breakdown below 23,068 may accelerate profit booking till the lower zone of 22,994–22,882.
🎯 Key Tip: The first 15–30 mins are crucial. Avoid rushing into trades. Use the breakout-retest model for safer entries.
📌 Opening Scenario 3: GAP-DOWN Opening (100+ Points)
🔻 Expected Open Zone: 23,050 – 22,950
👉 If Nifty opens with a significant gap-down: Observe price action near Opening Support Zone: 23,068 – 22,994 .
If bulls defend this zone with strong reversal patterns (hammer, bullish engulfing), it could be a dip-buying opportunity. Below 22,994, next major support lies at 22,882 . Breakdown of this zone could trigger sharp fall. Avoid shorting after a gap-down unless 22,882 breaks convincingly.
🎯 Key Tip: Never knife-catch a falling market. Let the base build before entering reversal trades.
🛡 Risk Management Tips for Options Traders 🧠 Use defined risk trades: Prefer vertical spreads (bull call/bear put) instead of naked options. Avoid buying OTM options post 11:00 AM unless momentum is strong. Always risk less than 2% of your capital per trade. Trail your stop loss once the trade moves in favor to protect capital. Don't overtrade – quality setups > quantity.
✅ Summary & Conclusion:
📍 Nifty is trading near crucial resistance levels.
📍 23,345 remains the make-or-break zone for bulls.
📍 Support zones: 23,068 → 22,994 → 22,882
📍 React to price action at key zones rather than predicting it.
📍 Let the first 15–30 minutes settle before jumping into trades for optimal RR setups.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . This trading plan is shared for educational purposes only. Please consult your financial advisor before taking any trades based on this plan. Risk wisely and trade with discipline. 🙏
#NIFTY Intraday Support and Resistance Levels - 20/03/2025Gap up opening expected in nifty above 23000 level. After opening if nifty sustain above this level then expected strong upside rally upto 23250+ level in today's session. Any downside movement only expected below 22950 level. Downside 22750 level will act as a strong support for today's session. Any major downside only expected below this support level.
NIFTY : Intraday Trading Levels and Plan for 20-Mar-2025📅 NIFTY TRADING PLAN – 20-Mar-2025
🕒 Timeframe: 15 Min | 📌 Reference Close: 22,911.80
📏 Gap Opening Threshold: 100+ points
📈 1. GAP-UP Opening Scenario (Opening Above 23,010)
If NIFTY opens 100+ points higher — around or above 23,010 — it enters the Profit Booking Zone: 22,995 – 23,067 .
✅ Action Plan:
- If Nifty opens in the 22,995–23,067 zone, avoid aggressive long trades at open. This zone has historically triggered selling pressure.
- Observe the behavior near 23,067 . If candles start rejecting higher prices or form reversal patterns (e.g., bearish engulfing), plan short trades with SL just above 23,067 .
- If Nifty crosses 23,067 with momentum and volume, upside extension is possible toward 23,185 — the Last Intraday Resistance .
- Avoid shorting blindly above 23,067 . Let price consolidate or form lower highs before initiating any counter-trend short.
📌 Educational Note: Profit booking zones often create whipsaws. Let the market decide the intent before jumping in.
🚫 Don't chase gaps — instead, wait for re-entry opportunities once price confirms direction.
📊 2. FLAT Opening Scenario (Between 22,850 – 22,950)
If NIFTY opens within a tight 40–50 point range around its closing level (±50 points), it's considered a flat opening.
✅ Action Plan:
- Allow the market to settle for the first 15–30 minutes . Avoid early entries.
- If Nifty sustains above 22,995 , we may see a quick move toward 23,067 . One can consider intraday longs above 22,995 with a stop loss near 22,950 .
- If price faces rejection at 22,995 and drops below 22,912–22,880 (previous close zone), short opportunities may arise toward 22,800 (Opening Support) .
- Keep an eye on 22,800 as it is a key intraday support. Breakdown below it can lead to a deeper fall toward 22,728 and 22,632 .
📌 Educational Note: Flat openings often provide the best setups if you let price action settle. Stay nimble and neutral till breakout/breakdown confirms.
📉 3. GAP-DOWN Opening Scenario (Opening Below 22,812)
If NIFTY opens with a gap-down of 100+ points (around or below 22,812 ) — look for action near support zones like 22,800, 22,728, and 22,632 .
✅ Action Plan:
- If Nifty opens near 22,800 and holds, wait for a reversal pattern. Intraday long trades are possible toward 22,912+ .
- A clean breakdown below 22,728 (Last Intraday Support) may trigger a slide toward 22,632 (Buyer’s Support) .
- Avoid catching falling knives. Only buy near 22,632 if there’s clear bullish reversal with volume confirmation.
- If price opens below 22,728 and tries to retest and fails to reclaim that level, short trades can be considered with a stop above 22,728 .
📌 Educational Note: Big gap-downs often attract panic exits in the first 15 mins. Wait for a base to form before looking for reversal trades.
🧠 OPTIONS TRADING – RISK MANAGEMENT TIPS
💼 Use defined stop losses based on 15-min or 30-min candle close. Avoid emotional exits.
⚖️ Avoid buying deep OTM options during rangebound conditions — prefer ATM or ITM for better delta control.
🛡️ Use hedged strategies like bull call spreads or bear put spreads during high IV scenarios.
📉 On breakdown or breakout days, trade with the trend using limited-risk directional strategies.
💰 Never risk more than 1.5–2% of capital per trade — capital preservation is key for consistency.
📌 SUMMARY & CONCLUSION:
Gap-Up above 22,995: Profit booking zone. Wait for reversal signs or breakout to 23,185.
Flat Opening: Best setups possible — breakout above 22,995 or breakdown below 22,880.
Gap-Down below 22,812: Watch 22,800–22,632 support zones for potential reversal or breakdown.
🎯 Let price lead the way — react, don’t predict. Enter only on confirmation. Stay disciplined and respect the market structure.
📢 Disclaimer: I am not a SEBI-registered analyst . This trading plan is purely for educational purposes. Please consult with your financial advisor before taking any position.
#NIFTY Intraday Support and Resistance Levels - 19/03/2025Gap up opening expected in nifty. After opening expected resistance near 22950 level. Possible reversal from this level. Downside 22750 level will act as a support for nifty. Strong upside rally expected if nifty starts trading above 23000 level. This upside rally can goes upto 23250+ level in today's session.
4-hour NIFTY 50 Index chart , 4-hour NIFTY 50 Index chart , based on (National Stock Exchange of India) data.
Chart Analysis:
• Current Price: ₹22,848.75
• Downtrend Breakout: The price was previously moving within a falling channel, but it now appears to be breaking out.
• Expected Movement: A zigzag pattern is drawn, indicating a potential bullish move towards higher resistance levels.
• Key Levels:
• Support: ₹23,154.40 (a key level to watch for a retest)
• Resistance Levels:
• ₹23,781.95
• ₹24,173.65
• ₹24,773.20 (major resistance zone)
• Target Area: A strong resistance zone is highlighted around ₹25,200, which could act as a potential target.
Trading Perspective:
• If NIFTY holds above ₹23,154, a bullish trend continuation is likely.
• A pullback towards support levels could provide buying opportunities.
• A break above ₹24,773 could open the door for further upside momentum.
This analysis suggests a potential bullish recovery, but further confirmation is required for entries.
NIFTY : Intraday Trading Levels and Plan for 19-March-2025🔥 NIFTY – Intraday Trading Plan for 19-Mar-2025
Current Market Price (CMP): 22,848.75
Chart Time Frame: 15-min
📘 Opening Scenario 1: GAP-UP Opening (100+ points)
If NIFTY opens with a strong gap-up above 22,950, it would directly open into the Profit Booking Zone: 22,995 – 23,067 .
Avoid aggressive long entries near the opening if prices directly hit the profit booking zone, as early buying could trap latecomers. Wait and observe price action in the 22,995 – 23,067 range. If the index forms bullish consolidation with strength, breakout above 23,067 can push it towards the final resistance at 23,185. If rejection occurs near this zone, look for reversal signals like a 15-min bearish candle with follow-up selling to consider short scalps targeting back to 22,850 – 22,775.
🧠 Tip: Avoid call option entries if IVs are inflated and premiums are already factored in after a big gap-up. Time decay can eat your premiums fast.
📗 Opening Scenario 2: FLAT Opening (within 50-80 pts)
In case of a flat or minor gap opening near 22,800 – 22,850, the price will open just above the key consolidation zone: 22,727 – 22,801 .
Look for first 15-30 minutes consolidation. If NIFTY sustains above 22,801, fresh buying can push it to test 22,995. A failure to sustain above 22,801 and breakdown below 22,775 will drag prices back into the range. The downside targets then would be 22,656 and 22,532. No trade zone for flat opening: avoid trades inside 22,727 – 22,775, unless a directional breakout occurs.
🧠 Tip: For flat openings, best setups come after the first 15-30 minutes. Let the market decide the direction first—then align your trade.
📙 Opening Scenario 3: GAP-DOWN Opening (100+ points)
A gap-down below 22,700 will place the index back into or below the consolidation zone. Major supports are at 22,656**, 22,532, and Buyers’ Support: 22,270 – 22,320.
Aggressive buying should be avoided unless NIFTY shows strong reversal signals from support zones like 22,532 or 22,270. If prices bounce from the Buyers’ Support Zone, a quick upside retracement towards 22,656 or even 22,727 is possible. However, if NIFTY breaks below 22,270, it could enter a deeper correction territory—so keep strict stop losses.
🧠 Tip: When buying the dip in a gap-down scenario, use options spreads (e.g., bull call spreads) to reduce premium decay risk while maintaining upside exposure.
💡 Risk Management Tips for Options Traders:
✅ Use defined-risk strategies like spreads (Bull Call / Bear Put)
✅ Avoid chasing momentum in the first 15 minutes of market opening
✅ Stick to 1–2 high probability trades per day
✅ Always place stop loss based on structure or candle close
✅ Never average into losing options trades—respect time decay
✅ Focus on ATM or slightly OTM contracts with 1–2 day expiry for best gamma moves
📊 Summary & Conclusion:
Key Zones to Watch:
🔸 Resistance Zone: 22,995 – 23,067
🔸 Support Zone: 22,656 – 22,532
🔸 Buyers’ Zone: 22,270 – 22,320
🔸 No Trade Zone: 22,727 – 22,775
Be reactive, not predictive. Let price action guide your trades based on these levels. Respect volatility and avoid emotional trades.
⚠️ Disclaimer: I am not a SEBI registered analyst. The above levels and insights are for educational purposes only. Please consult your financial advisor before taking any positions. Trade responsibly! 💼📉
Nifty Review & Analysis - DailyNifty opened Gap up 150 points following Global Cues and saw surge throughout the day making a high of 22857 and closing at 22834 +1.45%
Price Action : - Bullish
Nifty closed 1.5% in positive.
Candle Pattern:
Formed a Big Green candle with a small wick on upside.
Daily EMA Positioning:
10dEMA 22540
20dEMA 22623
50dEMA 22992
200dEMA 23404
EMA Trend:
Closed above 10dEma and 20dEma,
Daily MA suggests Buy
Hourly suggests Buy
15mins Suggests Strong Buy
The momentum indicator, RSI - Relative Strength Index at 54
Momentum gaining towards Upside
Support/Resistance Levels:
Major Support 22750
Immediate Support 22500
Immediate Resistance 22900
Major Resistance 23000
Trend:
Short Term Trend is Slight Bullish
Daily Options Activity:
Highest CE OI was at 23000 with highest addition at 23000 - Resistanc
Highest CE unwinding see at 22700 - Support
Highest PE OI was at 22500, highest Put addition seen at 22600, 22700 - support
PCR is 1.4 indicating Bullishness
Daily Futures Activity FII + Pro F&O Data:
FII Long/Short ratio at 24%/76% indicating slowly addition of Longs by FIIs - Bullish
Change in Futures OI:
FII Future positions saw little addition in longs +7K with -2K change in shorts -Bullish
Nifty Futures price was higher with 0.7% OI addition - Bullish
Observation:
Overall looks a positive breakout above 22600, with good PE addition at 22600 & 22700 levels can see
higher levels if 22850 taken out for targets 23000 in shortterm
Overall Trend:
Sideways consolidating turning positive
Outlook for Next Session:
Nifty looks strong above 22700, untill breakout above 23000 it might consolidate
Approach & Strategy:
Wait and watch as last 2 day’s strategy worked perfectly and Nifty has given around 500 points in 2 days, i would wait till 22900-23000 taken out for further Longs
My Trades & Positions:
Closed Long positions at 22800+ held from 22340.