📅 NIFTY TRADING PLAN – 11-Mar-2025
🕘 Time Frame: 15-Min | 📍 Strategy: Market Structure + Zones of Interest
📉 Previous Close: 22,441.10
📌 Consider 100+ points for Gap-Up / Gap-Down thresholds
🔼 1. GAP-UP OPENING (Above 22,541+)
A gap-up opening above 22,541 would place Nifty around or above the Opening Resistance zone. In such cases, the market may attempt to challenge the Last Intraday Resistance at 22,623, and possibly even push into the Major Resistance Zone between 22,706–22,744.
🧠 Plan of Action:
Wait for the price to show reaction around 22,623. If it struggles to sustain above this level and forms a bearish 15-min candle, it's a good risk-reward shorting opportunity.
Targets on the downside could be 22,512, and if weakness persists, then a slide toward 22,441 is possible.
Only if price breaks and holds above 22,744 (hourly candle close), consider going long for a possible extension toward 22,800+.
🔍 Caution: A gap-up directly into resistance zone can cause profit booking and volatility. Don’t chase a runaway rally unless momentum with volume confirms breakout.
🎯 Short Zone: 22,620–22,740 (Rejection candles preferred)
📈 Breakout Long above: 22,744 (With hourly close + volume)
➖ 2. FLAT OPENING (±100 points near 22,441)
A flat open near the previous close of 22,441 keeps Nifty inside a decision zone. It sits between the Opening Resistance (22,512) and the Consolidation Zone (22,321–22,410). This is where early traps often occur.
🧠 Plan of Action:
Let the first 15–30 mins settle. If Nifty bounces from 22,321–22,350, it can be considered a buy with tight SL below 22,321, targeting 22,512–22,623.
On the flip side, if price fails to hold 22,321, wait for a clean breakdown with volume — in that case, shorting opportunities open up toward 22,115.
Avoid overtrading in the consolidation zone — wait for structure to develop clearly.
🟧 Key Zone to Watch: 22,321–22,410 — Acts as possible trap zone with choppy moves.
🎯 Buy on Bounce: 22,321–22,350 (Confirmation needed)
📉 Short below: 22,321 (Strong candle + volume)
🔽 3. GAP-DOWN OPENING (Below 22,341)
If Nifty opens below 22,341, it may test or even open inside the Support Zone / Must Try Area for Buyers around 22,115 — which coincides with a key Golden Retracement and past support area.
🧠 Plan of Action:
If Nifty opens near 22,150–22,120, watch for reversal candles like bullish engulfing, morning star, or hammer patterns. If formed, it’s a good risk-reward zone to go long with SL below 22,100.
If price breaks and sustains below 22,100, avoid longs and prepare for further downside toward 21,950–21,880 in upcoming sessions.
Never jump into longs blindly on gap-downs — price action is king.
🟢 Buy Zone on Reversal: 22,150–22,115
🟥 Breakdown Trigger: Below 22,100 (Hourly candle close)
💡 Risk Management Tips for Options Traders:
📌 Summary & Conclusion:
🔺 Gap-Up = Watch for weakness near 22,623–22,744 — possible reversal or breakout
🔘 Flat = High chance of whipsaws — trade only after clear setup forms near 22,321 or 22,512
🔻 Gap-Down = Support test likely at 22,115 — potential reversal or breakdown
⚠️ Always respect the market structure and trade with discipline. Avoid predicting — react to what the market shows.
📢 Disclaimer: I am not a SEBI-registered analyst. This analysis is shared for educational purposes only. Please do your own research or consult a financial advisor before making any trading decisions.
🕘 Time Frame: 15-Min | 📍 Strategy: Market Structure + Zones of Interest
📉 Previous Close: 22,441.10
📌 Consider 100+ points for Gap-Up / Gap-Down thresholds
🔼 1. GAP-UP OPENING (Above 22,541+)
A gap-up opening above 22,541 would place Nifty around or above the Opening Resistance zone. In such cases, the market may attempt to challenge the Last Intraday Resistance at 22,623, and possibly even push into the Major Resistance Zone between 22,706–22,744.
🧠 Plan of Action:
Wait for the price to show reaction around 22,623. If it struggles to sustain above this level and forms a bearish 15-min candle, it's a good risk-reward shorting opportunity.
Targets on the downside could be 22,512, and if weakness persists, then a slide toward 22,441 is possible.
Only if price breaks and holds above 22,744 (hourly candle close), consider going long for a possible extension toward 22,800+.
🔍 Caution: A gap-up directly into resistance zone can cause profit booking and volatility. Don’t chase a runaway rally unless momentum with volume confirms breakout.
🎯 Short Zone: 22,620–22,740 (Rejection candles preferred)
📈 Breakout Long above: 22,744 (With hourly close + volume)
➖ 2. FLAT OPENING (±100 points near 22,441)
A flat open near the previous close of 22,441 keeps Nifty inside a decision zone. It sits between the Opening Resistance (22,512) and the Consolidation Zone (22,321–22,410). This is where early traps often occur.
🧠 Plan of Action:
Let the first 15–30 mins settle. If Nifty bounces from 22,321–22,350, it can be considered a buy with tight SL below 22,321, targeting 22,512–22,623.
On the flip side, if price fails to hold 22,321, wait for a clean breakdown with volume — in that case, shorting opportunities open up toward 22,115.
Avoid overtrading in the consolidation zone — wait for structure to develop clearly.
🟧 Key Zone to Watch: 22,321–22,410 — Acts as possible trap zone with choppy moves.
🎯 Buy on Bounce: 22,321–22,350 (Confirmation needed)
📉 Short below: 22,321 (Strong candle + volume)
🔽 3. GAP-DOWN OPENING (Below 22,341)
If Nifty opens below 22,341, it may test or even open inside the Support Zone / Must Try Area for Buyers around 22,115 — which coincides with a key Golden Retracement and past support area.
🧠 Plan of Action:
If Nifty opens near 22,150–22,120, watch for reversal candles like bullish engulfing, morning star, or hammer patterns. If formed, it’s a good risk-reward zone to go long with SL below 22,100.
If price breaks and sustains below 22,100, avoid longs and prepare for further downside toward 21,950–21,880 in upcoming sessions.
Never jump into longs blindly on gap-downs — price action is king.
🟢 Buy Zone on Reversal: 22,150–22,115
🟥 Breakdown Trigger: Below 22,100 (Hourly candle close)
💡 Risk Management Tips for Options Traders:
- [] 🕒 Wait for the first 15–30 minutes to pass — let the market reveal its intent. [] 📉 Use spreads (Bull Call or Bear Put) when trading near volatile zones like resistances or supports. [] 🛑 Always set a Stop Loss — either on premium value or index level (preferably both). [] 🧠 Avoid emotional trading — don’t average into losing positions. [] 💼 Trade position size wisely — don't go all-in on a single idea. [] 🧾 Keep a trading journal to improve your strategy over time.
📌 Summary & Conclusion:
🔺 Gap-Up = Watch for weakness near 22,623–22,744 — possible reversal or breakout
🔘 Flat = High chance of whipsaws — trade only after clear setup forms near 22,321 or 22,512
🔻 Gap-Down = Support test likely at 22,115 — potential reversal or breakdown
⚠️ Always respect the market structure and trade with discipline. Avoid predicting — react to what the market shows.
📢 Disclaimer: I am not a SEBI-registered analyst. This analysis is shared for educational purposes only. Please do your own research or consult a financial advisor before making any trading 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.