NIFTY Closed at: 22,552
Tomorrow's session will be crucial as NIFTY is near key resistance & support zones. We will analyze all three possible opening scenarios and provide actionable trade setups.
📍 Scenario 1: Gap-Up Opening (🔼 +100 points or more)
If NIFTY opens above 22,690, it will start near the Opening Resistance Zone (22,635 - 22,690). A strong bullish momentum can push prices higher, but traders should be cautious of potential rejection.
📌 Plan of Action:
📢 Trading Tip: In a gap-up scenario, avoid aggressive long positions at opening. Wait for price confirmation to avoid FOMO.
📍 Scenario 2: Flat Opening (±50 points around 22,536)
A flat opening indicates an indecisive market, and price action around the Opening Support Zone (22,500 - 22,476) will be crucial for the next move.
📌 Plan of Action:
📢 Trading Tip: Avoid trading in the first 15-30 minutes. Let the market establish a trend before taking positions.
📍 Scenario 3: Gap-Down Opening (🔽 -100 points or more)
If NIFTY opens below 22,476, sentiment may turn bearish, especially if it sustains below this level.
📌 Plan of Action:
📢 Trading Tip: In a gap-down scenario, avoid catching falling knives. Let support levels hold before attempting a buy.
🎯 Risk Management Tips for Options Traders
✅ Use Stop Loss: Always exit a trade if your stop loss is hit. Holding onto losing trades can wipe out profits.
✅ Avoid Trading Big Lot Sizes in uncertain conditions—start small & scale up when trends confirm.
✅ Time Decay Awareness: If buying options, avoid holding near expiry unless confident about a strong move.
✅ Hedge Positions: Consider using hedged strategies like Spreads to reduce risk.
📌 Summary & Conclusion
🔹 Above 22,690 → Bullish towards 22,819
🔹 Between 22,500 - 22,690 → Sideways range, wait for confirmation
🔹 Below 22,476 → Bearish towards 22,378 - 22,299
⚡ Patience & Discipline are key to profitable trading. Wait for confirmation before entering trades. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Traders should do their own research or consult a financial advisor before taking any trades.
📢 #Nifty #Nifty50 #StockMarketIndia #OptionsTrading #SwingTrading #TradingView #NSE #IndianStockMarket #PriceAction #StockMarketNews 🚀
Tomorrow's session will be crucial as NIFTY is near key resistance & support zones. We will analyze all three possible opening scenarios and provide actionable trade setups.
📍 Scenario 1: Gap-Up Opening (🔼 +100 points or more)
If NIFTY opens above 22,690, it will start near the Opening Resistance Zone (22,635 - 22,690). A strong bullish momentum can push prices higher, but traders should be cautious of potential rejection.
📌 Plan of Action:
- [] If NIFTY sustains above 22,690 for at least 15 minutes, expect a rally towards 22,819 (Last Intraday Resistance). 📈
[] If price faces rejection at 22,690, wait for a pullback to 22,635. If it holds as support, consider a long position. - If NIFTY falls below 22,635, it could test 22,545. A break below this level may weaken bullish sentiment.
📢 Trading Tip: In a gap-up scenario, avoid aggressive long positions at opening. Wait for price confirmation to avoid FOMO.
📍 Scenario 2: Flat Opening (±50 points around 22,536)
A flat opening indicates an indecisive market, and price action around the Opening Support Zone (22,500 - 22,476) will be crucial for the next move.
📌 Plan of Action:
- [] If NIFTY holds above 22,536 and breaks 22,545, expect bullish momentum towards 22,635, followed by 22,690.
[] If NIFTY fails to hold 22,500, expect a slide towards 22,476. If this level is broken, expect further downside towards 22,378. 🔻 - For long trades, wait for price to reclaim 22,545 after testing support zones.
📢 Trading Tip: Avoid trading in the first 15-30 minutes. Let the market establish a trend before taking positions.
📍 Scenario 3: Gap-Down Opening (🔽 -100 points or more)
If NIFTY opens below 22,476, sentiment may turn bearish, especially if it sustains below this level.
📌 Plan of Action:
- [] If NIFTY opens near 22,378, watch for price action—a strong bounce can lead to a recovery towards 22,476 - 22,500.
[] If 22,378 breaks, expect further weakness towards 22,299, which is the last major intraday support. - Any recovery will need to cross 22,500 for a trend reversal. Until then, bearish pressure will dominate.
📢 Trading Tip: In a gap-down scenario, avoid catching falling knives. Let support levels hold before attempting a buy.
🎯 Risk Management Tips for Options Traders
✅ Use Stop Loss: Always exit a trade if your stop loss is hit. Holding onto losing trades can wipe out profits.
✅ Avoid Trading Big Lot Sizes in uncertain conditions—start small & scale up when trends confirm.
✅ Time Decay Awareness: If buying options, avoid holding near expiry unless confident about a strong move.
✅ Hedge Positions: Consider using hedged strategies like Spreads to reduce risk.
📌 Summary & Conclusion
🔹 Above 22,690 → Bullish towards 22,819
🔹 Between 22,500 - 22,690 → Sideways range, wait for confirmation
🔹 Below 22,476 → Bearish towards 22,378 - 22,299
⚡ Patience & Discipline are key to profitable trading. Wait for confirmation before entering trades. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Traders should do their own research or consult a financial advisor before taking any trades.
📢 #Nifty #Nifty50 #StockMarketIndia #OptionsTrading #SwingTrading #TradingView #NSE #IndianStockMarket #PriceAction #StockMarketNews 🚀
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.