📅 BANK NIFTY Trading Plan – 12-Mar-2025
🕒 (15-min Timeframe | Price Action & Demand-Supply Based Plan)
📊 Chart Zones: 47,074 – 48,535
Opening Scenarios for 12-Mar-2025 📈📉
(Gap opening considered as ±200 points or more)
🕒 (15-min Timeframe | Price Action & Demand-Supply Based Plan)
📊 Chart Zones: 47,074 – 48,535
Opening Scenarios for 12-Mar-2025 📈📉
(Gap opening considered as ±200 points or more)
- 📍Gap-Up Opening (Above 48,113)
If Bank Nifty opens above the Opening Resistance Zone: 48,053 – 48,113, it suggests initial bullish strength.
🔹 Price may attempt to retest the Opening Resistance Zone. A successful retest and bullish follow-up candle (preferably a bullish engulfing or strong rejection wick) can trigger momentum toward the Last Intraday Resistance at 48,535.
🔸 However, failure to hold above 48,113 and slipping back into the range may trap early longs, leading to a pullback toward 47,970 or even 47,885.
📌 Plan of Action:
✅ Look to go long only on price sustaining above 48,113 with volume and strength
🔁 A retest and bounce from 48,053–48,113 zone = high probability long
🚫 Avoid chasing gaps without proper candle confirmation
⚠️ If Bank Nifty re-enters below 48,053, it may trigger a downside probe toward 47,885–47,725 - 📊 Flat Opening (Near 47,885 ±100 pts)
A flat opening near the CMP (47,885) places Bank Nifty in a neutral decision zone. Directional clarity will come only after the first 15–30 mins.
🔹 On the upside, a clean breakout above 48,053 with bullish candles can lead to a move toward 48,113 and then 48,535.
🔸 On the downside, weakness below 47,725 can trigger a dip toward the Opening Support Zone: 47,599 – 47,725, followed by a potential test of the Must-Buying Zone.
📌 Plan of Action:
⏱️ Allow the first 15–30 mins to develop a range
✅ Trade only on breakout or breakdown of range with confirmation
📈 Above 48,053 = bullish bias
📉 Below 47,725 = cautious, look for reaction in support zones
🎯 This is a scalper-friendly zone — react, don't predict - 📉 Gap-Down Opening (Below 47,599)
If Bank Nifty opens below the Opening Support Zone: 47,599 – 47,725, it indicates immediate selling pressure.
🔹 Watch for price action near 47,074 – 47,075, marked as the Must Buying Try Zone.
This is a key golden retracement area and previous bounce zone. A bullish reversal pattern here (like hammer, bullish engulfing) could provide a high risk-reward long opportunity.
🔸 If this zone also fails, next possible demand lies near 46,873, but that may reflect panic unwinding or sentiment breakdown.
📌 Plan of Action:
🔍 Observe price closely near 47,074–47,075
✅ Longs only if strong reversal pattern + volume emerge in the zone
⚠️ Breakdown below 47,074 with strong red candle = avoid longs, consider intraday short scalp with strict SL
🧘♂️ Patience is key here — don't blindly knife-catch falling prices
📘 Risk Management Tips for Options Traders 🧠
🧯 Avoid chasing big gaps with OTM options; wait for pullback or candle confirmation.
🛑 Always place SL based on candle structure, not arbitrary points.
⏳ Beware of theta decay — time is not your friend in options.
💸 Trade light during volatile openings; increase size only after confirmation.
📉 Do not average losing trades; instead, exit and re-enter if setup reappears.
📏 Position sizing: risk only 1–2% of your capital per trade.
💬 Maintain a trade journal — your best teacher is your own data.
📌 Summary of Key Levels
🔺 Upside Levels:
• 48,053 – 48,113 → Breakout Zone
• 48,535 → Last Intraday Resistance
🔻 Downside Levels:
• 47,725 – 47,599 → Opening Support
• 47,074 – 47,075 → Must Buying Try Zone
• 46,873 → Panic Support Level
🎯 Conclusion:
Bank Nifty is approaching a critical zone where reactions over predictions matter. Let price confirm your bias before acting. Focus on key levels and allow setups to develop before executing. The best trades will come with patience, not speed. Let your discipline and plan outperform the noise of the market.
📛 Disclaimer: I am not a SEBI registered analyst. All views shared here are for educational purposes only. Please consult with your financial advisor before taking any trade decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.