📅 NIFTY Trading Plan – 12-Mar-2025
(Timeframe: 15-min | Chart structure based on demand/supply and price action)
Opening Scenarios 📈📉
(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.
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.