NIFTY : Intraday Trading Levels and Plan for 12-Mar-2025📅 NIFTY Trading Plan – 12-Mar-2025
(Timeframe: 15-min | Chart structure based on demand/supply and price action)
Opening Scenarios 📈📉
Gap-Up Opening (📍+100 Points or more)
If Nifty opens above the 22,598 resistance zone, price may initially test this level as support.
🔹 A successful hold here can trigger a bullish rally toward the last intraday resistance at 22,800, with intraday targets around 22,700+.
🔸 However, if Nifty fails to sustain above 22,598 and slips back inside the orange resistance zone, a corrective dip back to 22,496–22,482 may occur.
📌 Plan of Action:
✅ Buy on retest & strength above 22,598
❌ Avoid fresh longs if candles close back below 22,598
Flat Opening (±100 Points)
If Nifty opens near 22,520–22,482, this range becomes a decision-making zone.
🔹 Holding above 22,520 can provide a quick upside move toward 22,598+.
🔸 On the other hand, weakness below 22,482, especially on hourly close, can open downside toward the Opening Support Zone: 22,358–22,415.
📌 Plan of Action:
✅ Wait for the first 15–30 min range breakout
💡 Above 22,520 = bullish bias
⚠️ Below 22,482 = cautious; only scalp short with confirmation
Gap-Down Opening (📉 -100 Points or more)
A gap-down near or below 22,358–22,415 places price directly into the Opening Support Zone.
🔹 Watch for price rejection wicks or bullish reversal candles near this zone.
🔸 If broken decisively, Nifty may test 22,259 (last intraday support) and then the Best Buy Zone: 22,115–22,155, which aligns with the golden retracement zone.
📌 Plan of Action:
✅ Wait and observe price action at 22,358–22,259
📉 Short only if there's breakdown with volume
📈 Strong bounce near 22,115–22,155 = high RR long trade setup
📘 Risk Management Tips for Options Traders 💡
📏 Avoid buying OTM calls or puts after big gap openings . Wait 15–30 mins for premium decay to stabilize.
🛑 Always place SL based on chart levels or candle close—not fixed points .
🧠 Avoid averaging losing options positions —theta decay can kill.
💸 Position sizing is key: Never risk more than 1–2% of capital per trade.
🎯 Trade with a plan, not emotions. Let levels guide your decisions.
📊 Summary & Key Levels
🔹 Upside Resistance: 22,598 – 22,800
🔸 Key Pivot Levels: 22,520 / 22,482
🟢 Support Zones: 22,358 – 22,259 – 22,115
⚠️ Best Risk-Reward Zone: 22,115 – 22,155 (Watch for reversal signs)
📌 Conclusion
Nifty is trading in a reactive zone. Smart trading lies in reacting to key levels, not predicting. Avoid emotional trades near resistance or support—let price confirmation guide you. Patience will reward the prepared trader.
📛 Disclaimer: I am not a SEBI registered analyst. All views shared are for educational purposes only. Please consult your financial advisor before taking any trades.
