Nifty Intraday Support & Resistance Levels for 20.02.2025Wednesday’s session saw Nifty opening gap-down, touching a low of 22,814.85, before staging a sharp recovery to 23,049.95. However, selling pressure kicked in at higher levels, leading to a close at 22,932.90, down 12 points from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, reflecting market indecision.
Demand/Support Zones
Near Demand/Support Zone (Daily): 22,620.35 - 22,910.15 (Tested multiple times)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 23,176.15 - 23,235.50
Far Supply/Resistance Zone (75m): 23,248.45 - 23,301.75
Far Supply/Resistance Zone (125m): 23,316.30 - 23,409.65
Far Supply/Resistance Zone (Daily): 23,443.20 - 23,807.30
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
For the last four trading sessions, Nifty has been finding support near 22,700 - 22,800, but struggling to close above 23,000. If it crosses 23,000 - 23,050, we may see an up move toward 23,200. However, multiple supply zones between 23,176 - 23,400 could act as resistance, leading to renewed selling pressure.
Niftyintradaytradesetup
Nifty Intraday Support & Resistance Levels for 17.02.2025Friday’s session saw Nifty opening with a gap-up, but it failed to sustain the momentum. After hitting a high of 23,133.70, it reversed sharply, making a low of 22,774.85, testing the Daily Demand Zone (22,642.60 - 22,910.15) for the third time. A partial recovery followed, but Nifty still closed at 22,929.25, losing 102 points from the previous close. The Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain sideways, signaling indecision.
Demand/Support Zones
Near Demand/Support Zone (Daily): 22,642.60 - 22,910.15 (Tested multiple times)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 23,248.45 - 23,301.75
Near Supply/Resistance Zone (125m): 23,316.30 - 23,409.65
Near Supply/Resistance Zone (Daily): 23,443.20 - 23,807.30
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty’s repeated tests of the daily demand zone suggest that buyers are still active, but a break below 22,640 - 22,600 could trigger further downside toward 21,281. On the upside, a move above 23,250 - 23,300 could open the door for a push toward 23,800 - 24,000.
Nifty Intraday Support & Resistance Levels for 12.02.2025Tuesday’s session saw Nifty opening flat, made high of 23,390.05, it failed to hold near demand zones and plunged to a low of 22,986.65. It closed at 23,071.80, losing 310 points from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating a lack of clear direction.
Demand/Support Zones
Near Demand/Support Zone (Daily): 22,642.60 - 22,910.15 (Tested)
Near Minor Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 23,248.45 - 23,301.75
Near Supply/Resistance Zone (125m): 23,316.30 - 23,409.65
Near Supply/Resistance Zone (Daily): 23,443.20 - 23,807.30
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty’s sharp decline below 23,100 suggests increased bearish momentum. The next key support lies around 22,642 - 22,900, and a break below this zone could push it further down. On the upside, 23,250 - 23,400 remains the immediate resistance.
Nifty Intraday Support & Resistance Levels for 11.02.2025Monday’s session saw Nifty opening negative, making an initial high of 23,568.60, but gradually sliding down into the 75-minute Demand Zone (23,327 - 23,381.60). It touched a day low of 23,316.30 before closing at 23,381.60, marking a 178-point loss from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating indecisiveness in the market.
Demand/Support Zones
Near Minor Demand/Support Zone (15m): 23,141 - 23,205.70
Far Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 23,557.80 - 23,591.25
Far Supply/Resistance Zone (15m): 23,644.10 - 23,694.50
Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty is struggling to hold key support levels, with the 23,300 zone acting as a crucial demand area. If this level fails, we could see a deeper correction towards 23,100 - 23,000. On the upside, 23,600 - 23,700 remains a strong resistance zone. A sustained move above 23,700 may indicate bullish momentum, while a break below 23,300 could trigger further downside.
Nifty Intraday Support & Resistance Levels for 10.02.2025Friday’s session was highly volatile, with Nifty opening positive and making an initial high of 23,683.90 before dropping to 23,493.60. It then rallied again to a day high of 23,694.50, entering the 5-minute Supply Zone, only to reverse sharply to a low of 23,443.20, taking support at the 15-minute Demand Zone. A partial recovery followed, and Nifty closed at 23,559.95, losing 43 points over the previous close. Both the Weekly & Daily Trends (50 SMA) remain sideways.
Demand/Support Zones
Near Demand/Support Zone (75m): 23,327 - 23,381.60
Far Minor Demand/Support Zone (15m): 23,141 - 23,205.70
Far Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 23,644.10 - 23,694.50
Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty remains range-bound, facing resistance near 23,700 while finding support at 23,450. A break above 23,700 may lead to a move towards 24,000, while failing to hold above 23,450 could trigger further downside. Stay cautious in this sideways market!
Nifty Intraday Support & Resistance Levels for 05.02.2025Tuesday’s session was strong for Nifty, as it opened with a 149-point gap-up, made a low of 23,423.15, and surged to a high of 23,762.75, entering deep into the Daily Supply Zone. It finally closed at 23,739.25, gaining 378 points over the previous close. The Weekly & Daily Trend (50 SMA) remain sideways.
Demand/Support Zones
Near Demand/Support Zone (75m): 23,327 - 23,381.60
Near Demand/Support Zone (15m): 23,141 - 23,205.70
Far Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 (Current price is deep inside the zone)
Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
After taking support at the Daily Demand Zone on 27th January, Nifty has already rallied 975 points (22,857 to 23,762). However, the Weekly & Daily Trend (50 SMA) remains sideways. To break the lower high - lower low structure, Nifty must sustain above 24,250 in the coming days.
Nifty Intraday Support & Resistance Levels for 03.02.2025Saturday’s special trading session saw Nifty opening flat and rallying to 23,632.45, just missing the 75m Supply/Resistance Zone (23,645.05 - 23,726.85) before facing selling pressure and dropping to a day low of 23,318.30. It later recovered slightly, closing at 23,482.15, down 26 points from the previous close. Both Weekly and Daily Trends (50 SMA) remain sideways, indicating a consolidating market.
Demand/Support Zones
Near Demand/Support Zone (15m): 23,141 - 23,205.70
Near Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low from 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 (Tested)
Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
With Nifty hovering near key resistance levels, watch for breakouts or reversals in the coming sessions. A move above the 75m Supply Zone (23,645 - 23,726) could trigger further upside, while a failure to sustain may lead to a retest of lower support zones.
Nifty Support & Resistance Levels for Budget Day 01.02.2025Friday’s session saw strong bullish momentum, with Nifty opening positive, making a day low of 23,277.40, and rallying to a high of 23,546.80 by the end of the session, entering the Daily Supply/Resistance Zone (23,496.15 - 23,795.20). The index closed at 23,508.40, gaining 259 points over the previous close. The Weekly and Daily Trends (50 SMA) are now sideways, indicating a potential shift in market sentiment.
Demand/Support Zones
Near Demand/Support Zone (15m): 23,141 - 23,205.70
Near Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low from 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
With the Union Budget 2025 being presented in Parliament, expect heightened volatility during Saturday’s special trading session on 1st February. For intraday trading, focus on higher time frame zones (75m, Daily, Weekly) rather than lower time frames (30m, 15m, 5m) for better clarity and reduced noise.
Nifty Intraday Support & Resistance Levels for 31.01.2025Thursday’s session was marked by high volatility, with Nifty opening flat and making an initial low of 23,139.40. A strong rally took it to 23,311.15, where it entered the 15m Supply Zone (23,288.75 - 23,331.30), but selling pressure dragged it back to 23,141. The index then rebounded to a day high of 23,322.05 before closing at 23,249.50, gaining 86 points over the previous close. Both the Weekly Trend (50 SMA) is Negative to sideways and Daily Trend (50 SMA) remain Negative, indicating a cautious outlook.
Demand/Support Zones
Near Demand/Support Zone (15m): 23,141 - 23,205.70
Near Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15
Far Support Level: 21,281.45 (Low from 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (5m): 23,349.20 - 23,421.25
Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty is testing critical resistance levels while facing persistent selling pressure at higher zones. A break above 23,350 could push it towards 23,500+, while failure to hold support at 23,141 may lead to a retest of lower levels.
Nifty Intraday Support & Resistance Levels for 30.01.2025On Wednesday, Nifty opened with a gap-up, showing strong buying momentum. It made a low of 22,976.50, attempted a rally to 23,125.85, but faced resistance at the 5m Supply Zone (23,118.05 - 23,137.95), leading to a pullback near 22,984. However, buyers stepped in again, pushing Nifty to a high of 23,183.35 before closing at 23,163.10, gaining 205 points over the previous close. The Weekly Trend (50 SMA) and the Daily Trend (50 SMA) remains Negative, indicating caution despite the recovery.
Demand/Support Zones
Near Demand/Support Zone (30m): 22,786.90 - 22,843.30
Near Demand/Support Zone (Daily): 21,791.95 - 22,910.15
Far Support Level: 21,281.45 (Low from 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 23,288.75 - 23,331.30
Near Supply/Resistance Zone (5m): 23,349.20 - 23,421.25
Far Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85
Far Supply/Resistance Zone (Daily): 23,976.00 - 24,196.45
Outlook
Nifty’s price action suggests strong resistance around 23,180 - 23,330, where supply zones could limit further upside. On the downside, support near 22,900 will be key for bulls. With the Budget 2025 nearing, markets could witness increased volatility in the upcoming sessions.
Nifty Intraday Trade Setup | 30th January 2025Nifty opened flat around 23030 and after forming a low at 22976 it went up and made high above 23180.
Tomorrow, buy Nifty if sustains above 23180 for the targets of 23240 and above marked level. On the other side, sell if Nifty sustains above 23080 for the targets of 23030 and above marked level on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 23180
Sell Below - 23080
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Intraday Support & Resistance Levels for 29.01.2025On Tuesday, Nifty opened with a gap-up, reflecting initial bullish sentiment. It made a low of 22,857.65 and rallied to a high of 23,137.95, breaking above the 15m Supply Zone. However, the momentum was short-lived as it retraced to close at 22,957.25, gaining 128 points over the previous close. Both the Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain Negative.
Demand/Support Zones
Near Demand/Support Zone (30m): 22,786.90 - 22,843.30
Near Demand/Support Zone (Daily): 21,791.95 - 22,910.15
Far Support Level: 21,281.45 (low from 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (5m): 23,118.05 - 23,137.95
Near Supply/Resistance Zone (15m): 23,288.75 - 23,331.30
Near Supply/Resistance Zone (5m): 23,349.20 - 23,421.25
Far Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty's failure to sustain above the 15m Supply Zone near 23,137.95 indicates ongoing selling pressure. The 22,800 - 23,000 range remains crucial as a support zone, while resistance near 23,300 - 23,500 could cap further upside. With both trends still Negative, coupled with looming market volatility ahead of Budget 2025, caution is key.
NIFTY : Trading Levels and Plan for 29-Jan-2025Here's your detailed trading plan for NIFTY on 29-Jan-2025, covering all possible opening scenarios with actionable insights.
📈 Scenario 1: Gap-Up Opening (200+ points above 23,088)
If Nifty opens with a gap-up, watch for resistance levels around 23,231-23,288:
🔹 Resistance Zone: 23,231-23,288 – Wait for confirmation before initiating a put option trade, targeting 23,088-23,024 if the level holds.
🔹 If 23,288 breaks with volume, expect a rally towards 23,350+. Look for call option trades with a strict stop-loss below 23,231.
🔹 Avoid overtrading near 23,088-23,231 without clear signals.
💡 Pro Tip: Wait for a 15-minute candle close above/below key levels for confirmation.
📉 Scenario 2: Flat Opening (Near 22,976-23,024)
A flat opening brings the market closer to the No Trade Zone (22,963-23,024). Breakout confirmation is crucial:
🔹 If Nifty sustains above 23,024, it may test 23,088 and later 23,231 – Ideal for call option trades.
🔹 If Nifty breaks 22,963, expect weakness towards 22,862-22,829. Look for put option trades with a stop-loss above 23,024.
💡 Pro Tip: A breakout from the No Trade Zone often leads to strong directional moves. Let the market decide the trend.
⬇️ Scenario 3: Gap-Down Opening (200+ points below 22,963)
A bearish gap-down will test buyer strength at crucial support zones:
🔹 Support Zone: 22,862-22,829 – Look for reversal signs. If the price holds, call options targeting 22,963-23,024 can be considered.
🔹 If 22,829 breaks decisively, expect further downside towards 22,637. Plan for put option trades, keeping SL above 22,862.
🔹 Be cautious near 22,637 as it might act as a reversal zone.
💡 Pro Tip: After a gap-down, monitor institutional activity before taking a trade. Avoid bottom fishing too early.
🛡️ Risk Management Tips for Options Trading
🔹 Use a fixed percentage of capital per trade (1-2%) to manage risk effectively.
🔹 Avoid chasing trades—let the market confirm levels.
🔹 Always use stop-loss and avoid averaging losing positions.
🔹 Prefer at-the-money (ATM) or slightly out-of-the-money (OTM) options for liquidity.
📊 Summary and Conclusion
🔹 Key Resistance Zones: 23,088, 23,231, 23,288
🔹 Key Support Zones: 22,963, 22,862, 22,829, 22,637
📌 Follow the plan, avoid emotional trading, and stick to defined levels. The market rewards discipline and patience!
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Trade responsibly. 😊
NIFTY : Trading levels and Plan for 28-Jan-2025📊 NIFTY Trading Plan for 28-Jan-2025 📊
📈 Key Levels to Watch:
Opening Support/Resistance Zone: 22,816-22,829
Intraday Resistance Zone: 22,909-22,930
Last Intraday Resistance Zone: 22,995
No Trade Zone: 22,816-22,829
Do or Die Intraday Zone: 22,594-22,638
Final Support Zone: 22,309
🌟 Scenario 1: Gap-Up Opening (100+ points above 22,909) 🌟
If NIFTY opens significantly above 22,909:
✅ Wait for Retest: Do not jump into trades immediately. Allow the index to retest the 22,909-22,930 zone for confirmation of strength.
📈 Action Plan: If the price holds above 22,930, initiate long trades targeting 22,995 (last resistance) and further extending to 23,220. Keep a stop-loss below 22,900.
🚫 Caution Zone: If resistance is observed near 22,995, consider profit booking or tightening stop-loss. Avoid fresh longs unless a breakout above 22,995 is confirmed.
💡 Pro Tip: Use bull call spreads to manage risk while capturing potential upside gains.
📉 Counter Strategy: If a bearish rejection candle forms near 22,995, short trades targeting 22,909 can be considered with a tight stop-loss.
🔄 Scenario 2: Flat Opening (Near 22,816) 🔄
If NIFTY opens flat or within the No Trade Zone: 22,816-22,829:
⚪ Avoid Immediate Trades: This range is indecisive. Wait for a breakout above 22,829 or a breakdown below 22,816.
🔼 Breakout Strategy: If the price breaks and sustains above 22,829, go long targeting 22,909-22,930. Use a stop-loss below 22,800.
🔽 Breakdown Strategy: If the price breaks below 22,816, initiate short trades targeting 22,689. Maintain a stop-loss above 22,850.
💡 Pro Tip: In a flat market, time decay in options can work against you. Use directional trades or hedged strategies.
🚦 Options Strategy: Consider a straddle or strangle strategy around the no-trade zone to capitalize on a potential breakout or breakdown.
🌧️ Scenario 3: Gap-Down Opening (100+ points below 22,816) 🌧️
If NIFTY opens below 22,816:
📉 Key Zone to Watch: The Do or Die Zone: 22,594-22,638 is critical. Look for bullish price action (e.g., hammer or bullish engulfing candles) for a potential reversal.
✅ Action Plan: If the price holds above 22,594, initiate long trades targeting 22,816. Use a stop-loss below 22,580.
🔥 Aggressive Selling Levels: If the price sustains below 22,594, further downside towards 22,309 is possible. Short trades can be initiated with strict risk management.
💡 Pro Tip: During gap-down scenarios, volatility spikes. Use hedging strategies (e.g., protective puts) to limit losses.
🚫 Avoid Overtrading: Gap-downs can lead to whipsaws. Wait for confirmation before entering trades.
🛡️ Risk Management Tips 💡:
🎯 Always follow your stop-loss and avoid emotional decisions.
🔥 Never risk more than 2% of your trading capital on a single trade.
🧘 Stay patient and disciplined. Avoid trading in the No Trade Zone .
📊 Utilize options strategies to hedge risk and protect your capital.
📝 Summary & Conclusion:
Key Zones to Monitor:
Resistance: 22,909-22,930 , 22,995 , and 23,220 .
Support: 22,816 , 22,689 , and 22,594-22,309 .
Gap-ups favor long trades above 22,909 , while gap-downs focus on supports like 22,594 .
Stick to your plan and avoid trades in the No Trade Zone unless a breakout or breakdown occurs.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . All information shared is for educational purposes only. Please consult with a financial advisor before making any trading decisions.
Nifty Intraday Support & Resistance Levels for 28.01.2025On Monday, Nifty opened with a gap down and faced significant selling pressure. It briefly touched a high of 23,007.45 before falling sharply to the day’s low of 22,786.90, entering the Daily Demand Zone. The index closed at 22,829.15, marking a steep loss of 263 points from the previous close. The Weekly Trend (50 SMA) has now turned negative, aligning with the already negative Daily Trend (50 SMA).
Demand/Support Zones
Near Demand/Support Zone (Daily): 21,791.95 - 22,910.15
Far Support Zone: 21,281.45 (low from 4th June 2024)
Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 23,050 - 23,105.15
Near Supply/Resistance Zone (15m): 23,288.75 - 23,331.30
Near Supply/Resistance Zone (5m): 23,349.20 - 23,421.25
Far Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20
Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Outlook
For the first time since reaching its all-time high of 26,277.35 (on 27.09.2024), Nifty has broken and closed below the psychological 23,000 level. With the Weekly Trend turning negative and INDIAVIX surging by 8%, significant volatility is anticipated in the upcoming sessions. The Union Budget 2025 could further amplify market fluctuations.
NIFTY: Trading levels and Plan for 27-Jan-2025📈 NIFTY 50 Trading Plan for 27-Jan-2025 📈
📊 Key Levels to Watch:
Opening Support Zone: 23,055-23,161
Intraday Resistance Zone: 23,178-23,284
Last Intraday Resistance: 23,405-23,442
Final Profit Booking Zone: 23,540
Buyer’s Strong Support Zone: 22,867-22,762
🌟 Scenario 1: Gap-Up Opening (100+ points above 23,178) 🌟
If NIFTY opens significantly above 23,178:
✅ Wait for Retest: Avoid rushing into trades after a gap-up. Allow the index to retest the 23,178-23,161 support zone for confirmation of strength.
📈 Action Plan: If a bullish candle forms during the retest, initiate a long trade targeting 23,284 initially and extend to 23,405-23,442 . Keep a stop-loss below 23,150.
🚫 Caution Zone: If the index stalls near 23,405-23,442, it might indicate profit booking. Avoid fresh longs in this area unless there’s a breakout above 23,442.
💡 Pro Tip: Use a bull call spread strategy to capture the upside while managing risk effectively.
🚨 Risk Note: Avoid over-leveraging after a significant gap-up. Monitor the price action closely.
🔄 Scenario 2: Flat Opening (Near 23,090) 🔄
If NIFTY opens flat or within the No Trade Zone: 23,055-23,161:
⚪ Avoid Immediate Trades: This range is a no-trade zone due to indecision. Wait for a breakout above 23,178 or a breakdown below 23,055.
🔼 Breakout Strategy: If the price breaks above 23,178, go long targeting 23,284 and extend to 23,405. Use a stop-loss below 23,150.
🔽 Breakdown Strategy: If the index drops below 23,055, short trades can be initiated targeting 22,867-22,762. Maintain a stop-loss above 23,100.
💡 Pro Tip: Use a trailing stop-loss to lock in profits during trending moves.
🚦 Options Strategy: Consider selling straddles near the no-trade zone to take advantage of time decay, but hedge positions to avoid unlimited risk.
🌧️ Scenario 3: Gap-Down Opening (100+ points below 23,055) 🌧️
If NIFTY opens below 23,055:
📉 Focus on Buyer’s Support Zone: The 22,867-22,762 zone is critical for potential reversals. Look for bullish price action in this area.
✅ Action Plan: If a reversal pattern (e.g., hammer or bullish engulfing) forms near 22,867, enter long trades targeting 23,055. Use a stop-loss below 22,740.
🔥 Aggressive Selling Levels: If the price sustains below 22,762, further downside to 22,700 or lower is possible. Initiate shorts with tight risk management.
⚠️ Avoid Overtrading: Gap-down scenarios can be volatile. Wait for clear patterns and don’t rush into trades.
💡 Pro Tip: Use long straddle strategies to benefit from increased volatility in gap-down scenarios.
🛡️ Risk Management Tips 💡:
🔥 Never risk more than 2% of your capital on a single trade.
🎯 Stick to stop-loss levels and avoid emotional trading.
📈 Use option strategies (e.g., spreads, straddles) to limit risk in uncertain market conditions.
🧘 Stay patient. Avoid forcing trades if setups don’t align with your plan.
📝 Summary & Conclusion:
Key Zones to Watch: 23,055 (support) and 23,178 (resistance).
Gap-ups favor longs above 23,178 ; gap-downs focus on support zones like 22,867 .
Strictly adhere to risk management principles.
Use options wisely to hedge your positions and reduce exposure to volatility.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . All views shared are for educational purposes only. Please consult your financial advisor before making any trading decisions.
NIFTY : Trading Levels and Plan for 24-Jan-2025📈 NIFTY Trading Plan for 24-Jan-2025 📊
Below is the comprehensive trading plan for NIFTY for all opening scenarios on 24-Jan-2025. Follow the levels carefully and adapt to market conditions. 🚀
🌟 Scenario 1: Gap-Up Opening (100+ Points) 🌟
If NIFTY opens above 23,325 :
📌 Look for resistance near 23,475-23,541 (Profit booking zone).
🔼 If it sustains above 23,541 , expect further upside momentum towards 23,650 .
🔄 Watch for a reversal or profit-booking signal near the resistance levels for short opportunities.
📉 If it fails to sustain above 23,325 , the market may retest the support zone at 23,217-23,198 .
💡 Tip: 🛑 Avoid aggressive entries at higher levels; wait for confirmation of breakout or reversal patterns.
📏 Scenario 2: Flat Opening (±50 Points) ⚖️
If NIFTY opens between 23,217-23,198 :
👀 Monitor the Opening Support Zone: 23,123-23,158 .
⚠️ A breakdown below 23,123 could drive the index to 23,039 (next support zone).
🟢 For bullish trades, wait for clear rejection signals at 23,123 or a breakout above 23,325 for upward momentum.
🔄 Be cautious in the no-trade zone, as the market might consolidate before giving a clear direction.
💡 Tip: During flat openings, focus on managing risk and allow the market to define its trend for the day. ✅
📉 Scenario 3: Gap-Down Opening (100+ Points) 🛑
If NIFTY opens below 23,123 :
🛡️ Immediate buyer support is expected near 22,897-22,930 . Watch for reversal candles or accumulation at this level to enter long trades.
📉 If it fails to sustain above 22,897 , a further downside towards 22,800-22,750 is possible.
🔼 On the upside, the Opening Resistance Zone: 23,123-23,158 will act as a critical area for the reversal.
💡 Tip: ⚡ Use smaller lot sizes in gap-down scenarios and avoid overleveraging, as the market might experience high volatility.
⚙️ Risk Management Tips for Options Trading 📌
🧮 Always define your risk before entering a trade. Limit your exposure to 2-3% of your trading capital per trade.
⛑️ Use stop-loss orders for all trades, especially in volatile markets.
🌙 Avoid holding positions overnight without a hedge. Intraday traders should square off positions if levels are not respected.
💡 Focus on ATM (At-The-Money) or slightly OTM (Out-The-Money) options for better liquidity.
🔍 Summary and Conclusion 📊
🎯 The key resistance for the day is 23,325 , with a target of 23,541 on the upside.
🛡️ Strong buyer support is expected near 22,897-22,930 .
⚖️ Avoid trading in consolidation zones and wait for breakout/reversal confirmation.
📈 Remember, successful trading comes from proper planning and disciplined execution. 🚀
❗ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk and discretion. 😊
NIFTY : Trading Levels and Plan for 23-Jan-2025Trading Plan for NIFTY: 23-Jan-2025
📌 Educational Trading Plan for All Opening Scenarios
This plan considers various market opening scenarios with 100+ points gap. Be prepared to adapt to changing trends and price levels with a disciplined approach. Let's analyze:
1. Gap-Up Opening (100+ Points)
If NIFTY opens near the 23,200–23,325 zone (Opening Resistance and Intraday Resistance) :
Monitor price action around 23,200 . If a rejection occurs, look to short with targets at 23,127 and 23,074 .
A breakout above 23,325 with strong bullish candles could lead to further upside. If sustained, consider long trades targeting 23,400+ .
Keep a stop-loss just above 23,325 for shorts or below 23,200 for longs.
📈 Pro Tip: Gap-up days can trap traders; wait for 15–30 minutes of price action confirmation before entering a trade.
2. Flat Opening
If NIFTY opens between 23,127–23,200 :
Observe the movement within this NO Trade Zone (23,127–23,176) . Avoid trades until a breakout or breakdown is clear.
A breakout above 23,176 can signal bullish momentum toward 23,200 or 23,325 . Go long if strength persists.
On the flip side, a breakdown below 23,127 could lead to bearish momentum toward 23,074 or 23,017 .
📉 Pro Tip: Stick to smaller lot sizes when trading within tight ranges or zones.
3. Gap-Down Opening (100+ Points)
If NIFTY opens near the 23,017–22,851 zone (Buyer’s Support Zones) :
Watch for a bounce around 23,017–23,074 . If a bullish reversal forms, consider long trades targeting 23,127 and 23,200 .
If this zone is breached and NIFTY moves below 22,851 , expect further downside with targets near 22,800 and 22,700 . Initiate shorts cautiously.
📈 Pro Tip: Volatility in gap-down scenarios can be high. Trade with stop-losses and avoid revenge trading.
💡 Tips for Risk Management in Options Trading
Trade only with a defined risk-reward ratio (1:2 or better).
Avoid over-leveraging. Use a maximum of 10–15% of your capital for a single trade.
In volatile markets, stick to ATM (At-The-Money) strikes for better liquidity and lower premiums.
Use trailing stop-losses to lock profits in trending markets.
Don’t hesitate to stay out if levels aren’t clear or if the market is choppy.
Summary & Conclusion
Key levels to watch: 23,200 (Resistance) , 23,127 (Critical Zone) , and 22,851 (Support) .
Stick to the plan and avoid emotional trading.
Be patient and wait for clear confirmations before initiating positions.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Trade responsibly and consult with a financial advisor.
✨ Happy Trading!
NIFTY : Trading Levels and Plan for 22-Jan-2025🔖 Nifty Trading Plan for 22-Jan-2025
📊 Key Levels:
Resistance Zones: 23,097–23,201, Last Intraday Resistance: 23,330
Support Zones: 22,962, 22,689 (Last Intraday Support)
1️⃣ Gap-Up Opening (100+ points)
If Nifty opens above 23,201:
Watch for price action near the Last Intraday Resistance (23,330). A rejection from this level could offer a short trade opportunity with a target towards 23,201.
A sustained breakout above 23,330 can signal strong bullish momentum, and a long trade with a trailing stop-loss could be beneficial to ride the trend higher towards the next possible profit-taking zone near 23,435.
📌 Educational Insight: Gap-ups above resistance zones can often trigger profit booking or reversal patterns. Always wait for a confirmation candle before entering any trades.
2️⃣ Flat Opening (Within 22,962–23,097)
Focus on the reaction at the Opening Resistance Zone (23,097). If Nifty fails to sustain above this zone, shorting the market with a target towards 22,962 could be favorable.
Conversely, if Nifty holds above 23,097, a long trade targeting 23,201 may be considered, with a tight stop loss below 23,052.
A breakdown below 22,962 may signal bearish momentum, opening short trades towards the Last Intraday Support at 22,689.
📌 Educational Insight: Flat openings provide the best opportunity for observing market sentiment. Let the market settle for the first 15–30 minutes for better clarity before making any trade decisions.
3️⃣ Gap-Down Opening (100+ points)
If Nifty opens near 22,689 or below:
Look for a reversal near the Last Intraday Support (22,689–22,830). A strong bounce here could provide a long trade targeting 22,962 or higher.
However, if Nifty sustains below 22,689, it might indicate further bearishness, and shorting the market with a target toward 22,600 could be considered.
📌 Educational Insight: Gap-down openings often lead to panic or aggressive buying at support levels. It is essential to wait for confirmation through price action and volume before entering trades.
📌 Risk Management Tips for Options Trading:
Use defined stop-loss levels and avoid over-leveraging during volatile market conditions.
Trade spreads (like bull/bear spreads) to limit potential losses during high implied volatility (IV) conditions.
Keep an eye on hourly candle closures for added confirmation of trend direction.
Avoid entering trades within the first 15 minutes of the market opening. Let the market settle to avoid false breakouts or breakdowns.
🔍 Summary & Conclusion:
Gap-Up: Watch for action near 23,201–23,330. Focus on rejection or breakout opportunities.
Flat: Key action zone around 23,097; observe for potential breakouts or breakdowns.
Gap-Down: Look for buying opportunities near 22,689, but be cautious of further bearish trends if support is broken.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult a financial advisor or conduct your own analysis before trading.
Nifty Futures intraday on Jan 21, 2025The market is expected to be bearish today, with Nifty Futures likely to find support at 23,110. The 'Dynamic Buy/Sell' indicator confirmed a sell signal yesterday, January 20th, at 15:20 hrs. This non-repainting indicator, equipped with auto stop-loss models, primarily responds to price action, helping traders stay objective and avoid emotional decisions.
NIFTY : Trading levels and Plan for 21-Jan-2025🔖 Nifty Trading Plan for 21-Jan-2025
📊 Key Levels:
Resistance Zones: 23,404–23,435 (Important Intraday Resistance), Profit Booking Zone: 23,525+
Support Zones: 23,375 (Opening Support/Resistance Zone), 23,245 (Buyer’s Support Zone), 23,114 (Golden Retracement Support)
1️⃣ Gap-Up Opening (100+ points above 23,435)
📍 Analysis: A gap-up above 23,435 signals strong bullish sentiment. However, the profit booking zone above 23,525 can lead to selling pressure.
📌 Action Plan:
If Nifty consolidates below 23,525, look for rejection signs. A reversal from this zone provides a short trade opportunity targeting 23,435.
If Nifty breaks and sustains above 23,525 with strong volume, initiate a long trade, targeting 23,600 or higher. Use a trailing stop-loss to lock in profits.
Avoid trading immediately after the opening; observe the market's behavior for at least 15 minutes to confirm direction.
📚 Educational Insight: Gap-up openings often trigger profit booking near key resistance levels. Always wait for rejection or breakout confirmation to reduce risk.
2️⃣ Flat Opening (Within 23,344–23,375)
📍 Analysis: A flat opening suggests indecision in the market. The range between 23,344–23,375 will act as a critical zone for direction.
📌 Action Plan:
If Nifty struggles to hold above 23,375 and shows signs of rejection, consider a short trade targeting 23,304 or 23,245.
If Nifty sustains above 23,375, initiate a long trade targeting 23,404 and then 23,435. Ensure confirmation through volume and price action.
A decisive breakdown below 23,344 may indicate bearish sentiment, providing a shorting opportunity toward 23,304.
📚 Educational Insight: Flat openings provide the best opportunity to analyze market sentiment. Allow the first 15–30 minutes to settle before entering trades for better clarity.
3️⃣ Gap-Down Opening (100+ points near or below 23,245)
📍 Analysis: A gap-down near the Buyer’s Support Zone (23,245) or Golden Retracement Support (23,114) can trigger either panic selling or strong buying interest.
📌 Action Plan:
Look for reversals near 23,245 or 23,114. A strong bounce from these levels can provide a long trade opportunity targeting 23,304 or 23,375.
If Nifty sustains below 23,114 with high selling volume, initiate short trades targeting 23,050 or lower.
Avoid rushing into trades during a gap-down; wait for clear signs of reversal or breakdown for better risk management.
📚 Educational Insight: Gap-down scenarios often create volatility. Support zones like 23,245 and 23,114 can act as reversal points, but their failure may amplify bearish momentum.
⚠️ Risk Management Tips for Options Trading:
✅ Use strict stop-loss levels to minimize losses in volatile markets.
✅ Avoid trading in the first 15 minutes after the opening, as it often exhibits unpredictable price movements.
✅ Consider using strategies like spreads (bull/bear spreads) in high-IV conditions to cap potential losses.
✅ Monitor hourly candle closures for confirmation before entering high-risk trades.
✅ Never over-leverage; trade with an amount you are comfortable risking.
🔍 Summary & Conclusion:
Gap-Up: Watch price action near 23,525; trade rejections or sustained breakouts.
Flat: Observe the reaction within 23,344–23,375; trade breakouts or breakdowns accordingly.
Gap-Down: Look for buying opportunities at 23,245 or 23,114, but respect bearish momentum if these levels fail.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please consult a financial advisor or conduct your own research before trading.
NIFTY : Trading Levels and Plan for 20-Jan-2025🔖 Nifty Trading Plan for 20-Jan-2025
📊 Key Levels:
Resistance Zones: 23,318–23,334, Profit Booking Zone: 23,405–23,435
Support Zones: 23,113–23,201, 23,007, 22,962
1️⃣ Gap-Up Opening (100+ points)
If Nifty opens above 23,334:
Look for consolidation or rejection near Profit Booking Zone (23,405–23,435). If rejected, consider a short entry with a target towards 23,334 or 23,269.
Sustained breakout above 23,435 may lead to a rally. Use trailing stop-loss to ride the momentum.
📌 Educational Insight: Gap-ups often signal bullish momentum, but profit booking zones can act as reversal points. Observe price action carefully.
2️⃣ Flat Opening (Within 23,201–23,203)
Monitor opening price reaction within the Golden Retracement Zone (23,113–23,201).
If Nifty holds 23,201, it’s a signal to go long with a target towards 23,318–23,334.
Break below 23,113 could indicate bearish momentum. Short below this level with a target towards 23,007.
📌 Educational Insight: Flat openings are ideal for price action-based trades. Let the first 30 minutes settle before taking positions for the best risk-reward setup.
3️⃣ Gap-Down Opening (100+ points)
If Nifty opens near 22,962–23,007:
Look for bullish reversals within the Trending Shift Zone (22,962–23,007). Go long if strong buying is observed, targeting 23,113.
A breakdown below 22,962 could lead to further weakness. Short positions below this level with a target of 22,880.
📌 Educational Insight: Gap-downs often create opportunities for sharp reversals or continuation trends. Wait for confirmation before entering trades.
📌 Risk Management Tips for Options Trading:
Use hourly candle close as confirmation before entering trades.
For directional trades, avoid over-leveraging and use defined stop-loss.
Hedge positions using spreads to limit risk in volatile markets.
Monitor IV (Implied Volatility) while trading options; high IV can inflate premiums.
🔍 Summary & Conclusion:
For 20-Jan-2025, focus on the key zones:
Watch Golden Retracement Zone (23,113–23,201) for flat openings.
Look for rejection or breakout near 23,405–23,435 in case of gap-ups.
Keep an eye on 22,962–23,007 for possible reversals in gap-down scenarios.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Traders are advised to conduct their own analysis or consult with financial advisors before making any trading decisions.
NIFTY : Trading Levels and Plan for 14-Jan-2025Trading Plan for 14-Jan-2025
This structured plan outlines potential strategies for different opening scenarios. Follow it step by step to make informed decisions and manage risk effectively.
Scenario 1: Gap-Up Opening (100+ Points Above 23,091)
🟢 A gap-up opening often indicates strong bullish momentum, but it’s crucial to watch for resistance at key levels.
Key Levels: Focus on 23,239 (Immediate opening resistance) and 23,374 (Last intraday resistance).
Plan of Action:
If Nifty opens near 23,239 and shows signs of rejection, wait for a bearish confirmation candle. Enter a short trade targeting 23,091 .
If it sustains above 23,239 , consider a long trade with a target of 23,374 . Place a stop loss below 23,239 .
Risk Management Tip: For options, use call spreads instead of naked call buying to reduce time decay losses.
Scenario 2: Flat Opening (Near 23,091)
🟡 Flat openings indicate neutral sentiment, often requiring more patience for market direction.
Key Levels: Monitor the No-Trade Zone (23,048 - 23,091) .
Plan of Action:
Avoid trading within the No-Trade Zone unless a breakout above 23,091 or a breakdown below 23,048 occurs.
Above 23,091 : Initiate a long trade with a target of 23,239 . Place a stop loss below 23,091 .
Below 23,048 : Go short with a target of 22,900 . Stop loss above 23,048 .
Risk Management Tip: Avoid impulsive trades. Let the market establish direction first.
Scenario 3: Gap-Down Opening (100+ Points Below 23,048)
🔴 A gap-down opening suggests bearish sentiment. Look for opportunities near strong support levels.
Key Levels: Focus on 22,825 - 22,689 (Buyer’s Try Zone).
Plan of Action:
If Nifty approaches the Buyer’s Try Zone and shows a bullish reversal, initiate a long trade with a target of 23,048 . Stop loss below 22,689 .
If it sustains below 22,689 , consider a short trade targeting 22,600 .
Risk Management Tip: Use option strategies like put spreads to limit risk in highly volatile markets.
Tips for Risk Management in Options Trading:
✔️ Avoid trading aggressively during the first 15 minutes of market opening. Let volatility settle.
✔️ Focus on spreads (e.g., bull call spread or bear put spread) to control risks better.
✔️ Use proper position sizing: Limit risk to 2-3% of your total capital per trade.
✔️ Adjust positions dynamically as levels are tested or broken.
Summary and Conclusion:
The market is poised for volatile movement on 14-Jan-2025. Stick to the plan and respect the No-Trade Zone for flat openings. Use the Buyer’s Try Zone for potential reversals in case of a gap-down opening. Patience, discipline, and effective risk management will be your key to success.
Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please do your research or consult a financial advisor before making any trading decisions.