Nifty Review & Analysis - DailyNifty opened Falt in line with global cues and saw buying from opening making a high of 22577 then to find some profit booking to close at 22509, 0.5% above previous day’s close.
Price Action : - Bullish
Nifty closed 0.5% in positive.
Candle Pattern:
Formed a Big Green candle with a small wick on uopside.
Daily EMA Positioning:
10dEMA 22476
20dEMA 22601
50dEMA 22999
200dEMA 23410
EMA Trend:
Closed above 10dEma finding resistance at 20dEma,
Daily MA suggests Selling
Hourly suggests Buy
15mins Suggests Strong Buy
The momentum indicator, RSI - Relative Strength Index rising above 42
Support/Resistance Levels:
Major Support 22400
Immediate Support 22300
Immediate Resistance 22580
Major Resistance 22750
Trend:
Overall Trend is Slight Bullish above 22600
Daily Options Activity:
Highest CE OI was at 23000 with highest addition at 22800 - Resistance
Highest PE OI was at 22000, highest Put writing seen at 22500, 22300 - support
PCR is 1 indicating slight positive
Daily Futures Activity FII + Pro F&O Data:
FII Long/Short ratio at 21%/79% indicating slowly addition of Longs by FIIs
Change in Futures OI:
FII Future positions saw little addition in longs +2K with -1K change in shorts
Nifty Futures price was slightly higher with no major OI addition
Observation:
Overall looks a positive consolidation day above 22500, with good PE addition at 22500 can see
higher levels if 22580 taken out for targets 22700-800 in currents wkly series
Overall Trend:
Sideways consolidating turning positive
Outlook for Next Session:
Nifty looks strong above 22580 for tgt 22750-800
Approch & Strategy:
Long above 22580 for tgt 22750-800
My Trades & Positions:
Holding Longs from 22450 levels
Niftyoutlook
Nifty holding above Hourly Mother line a good signalNifty holding above 50 Hours EMA or Mother line in the hourly chart is a good signal for the market if it holds above 22464 then there is a chance of further recovery. The supports for Nifty remain at 22464 (strong Mother line support), 22368 (Another strong trend line support), 22311 and 22205. If the support at 22205 is broken Nifty can go in a jiffy to 21976 or below. In case we get a closing above 22591 Nifty will become stronger and can jump to 22678 or 22722 levels. 22722 is a strong 200 Hours EMA or Father line resistance. A closing above 22722 can take us to next historical resistance levels of 22813, 22921, 23044, 23147 and 23249 levels. Closing above 23249 has potential to bring Bulls back out of ICU and Take Nifty further up.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NIFTY : Intraday Trading levels and Plan for 17-Mar-2025📊 NIFTY Trading Plan – 17-Mar-2025
Nifty is currently hovering near the Opening Support Zone: 22,351 – 22,378, with a key resistance at 22,442 and profit booking zone near 22,617. Depending on how the market opens, we will plan our trades accordingly.
💡 Let’s analyze different scenarios:
🔥 Scenario 1: Gap-Up Opening (100+ Points)
If Nifty opens above 22,442, the index will test the last intraday resistance at 22,551. A decisive breakout above 22,617 may trigger strong bullish momentum.
✅ Plan of Action:
If Nifty sustains above 22,551, look for bullish price action and enter longs with targets of 22,617 and 22,680+.
If a sharp rejection occurs near 22,617, consider booking partial profits and trail SL.
Avoid chasing longs if Nifty starts showing weakness near resistance. Wait for a pullback.
📌 Key Levels to Watch: 22,442 (Support) | 22,551 (Breakout Zone) | 22,617+ (Profit Booking Zone).
📢 Tip: In case of a fake breakout above 22,617, selling pressure may drag Nifty back to 22,442. Watch for reversal patterns before taking aggressive trades.
📉 Scenario 2: Flat Opening (Within 50 Points)
If Nifty opens near 22,383 – 22,434, we will monitor price action near the Opening Support/Resistance Zone. The first 30 minutes will be crucial for direction confirmation.
✅ Plan of Action:
If Nifty bounces from 22,351 – 22,378, look for long opportunities targeting 22,442 and 22,551.
If Nifty struggles to hold 22,442, expect sideways action. Trade only near major levels.
A breakdown below 22,351 will indicate weakness, leading to a test of 22,296 and 22,208.
📌 Key Levels to Watch: 22,351 – 22,378 (Support Zone) | 22,442 (Resistance) | 22,551 (Breakout Confirmation).
📢 Tip: Use a wait-and-watch approach in the first 30 minutes. Let the market establish direction before making big trades.
🛑 Scenario 3: Gap-Down Opening (100+ Points)
A gap-down below 22,351 could push Nifty towards the last intraday support of 22,296. If the selling extends, watch the golden retracement zone at 22,114, which is a high-probability demand zone.
✅ Plan of Action:
If Nifty stabilizes at 22,296, expect a recovery towards 22,351 – 22,378. Scalping opportunities exist.
If selling pressure continues below 22,296, expect a further slide to 22,114, which will be a must-watch area for buyers.
Only consider fresh longs at 22,114 if strong reversal signs appear. Else, avoid catching falling knives.
📌 Key Levels to Watch: 22,296 (Support) | 22,208 (Breakdown Confirmation) | 22,114 (Golden Buy Zone).
📢 Tip: Avoid aggressive longs in a gap-down scenario unless a clear reversal is seen at major supports. Watch for confirmation before entering any trade.
⚡ Risk Management Tips for Options Traders
🔹 Premium Decay Alert: If Nifty consolidates, avoid buying OTM options. Time decay will erode premiums.
🔹 Hedge Positions: If selling options, hedge using spreads to reduce risk.
🔹 Exit at SL: Do not hold options hoping for reversals. Stick to the predefined SL.
🔹 Avoid Trading the First 5-Minutes: Market volatility is high; let a pattern form.
🔹 Size Appropriately: If uncertain, reduce lot size and wait for confirmation.
📌 Summary & Conclusion
✅ If Nifty Opens Gap-Up: Watch for 22,551 – 22,617 resistance zones. A breakout can trigger further upside.
✅ If Nifty Opens Flat: First 30 minutes are crucial. Support at 22,351 – 22,378 should hold for longs.
✅ If Nifty Opens Gap-Down: Watch 22,296 for a reaction. If broken, 22,114 is a key buy zone.
📢 Final Note: The best trades come when price action confirms levels. Avoid emotional trading and respect stop losses.
📜 Disclaimer
I am not a SEBI-registered analyst . All views are for educational purposes only. Traders should conduct their own analysis or consult a financial advisor before making any investment decisions.
Nifty near important support holding it is key for progress. Nifty this week tried to consolidate and in the process lot a lost of ground covered last week. Holding the support level of 22314 is the key to move forward. If this major support is broken Nifty may again fall to the strong Bear zone of 21975, 21782 or even 21285 levels. If 22314 support is held the future resistances can be 22531, 22668 and 22842. If these resistances are crossed we will reach Mother and Father line resistances at 23018 and 23419. A monthly closing above Father line resistance that is 23419 can bring Bulls back into action. Shadow of the candle is neutral with slightly positive tinge.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NIFTY : Intraday Trading levels and Plan for 13-Mar-2025📘 NIFTY Trading Plan for 13-Mar-2025
Chart Reference: Nifty is currently trading near 22,468, with price showing rejection from near-term resistance. Multiple levels such as 22,435, 22,496, and 22,600 are key zones to watch.
Let’s break down the trading approach into opening scenarios 👇
✅ 1. GAP-UP OPENING (100+ points above previous close)
If NIFTY opens near or above the Opening Resistance Zone – 22,600 to 22,626 :
📍 This zone has acted as a supply area earlier, and a gap-up into this area could trap late buyers if not sustained.
🟧 Scenario 1 – Rejection at Resistance:
🔻 If NIFTY opens within this resistance zone and shows early weakness (such as a bearish engulfing, evening star, or rejection wick), short trades can be considered.
🎯 Targets:
➤ 22,496 (Initial Support)
➤ 22,435 (Next Support)
🟩 Scenario 2 – Breakout Above 22,626:
✅ A strong 15-min bullish candle above 22,626 with volume confirmation can trigger a long entry.
🎯 Targets:
➤ 22,680
➤ 22,800 (Last Intraday Resistance)
🧠 Tip: In gap-up opens, avoid immediate entries. Wait 15–30 mins for the market to establish direction. If upside sustains with strength, trail using VWAP or 5-min EMA.
⚖️ 2. FLAT OPENING (within ±100 points)
If NIFTY opens between 22,435 – 22,496:
This region is the Opening Support/Resistance Zone , meaning both bulls and bears will be active here. The key is to observe who dominates.
🟩 Long Setup:
If NIFTY holds above 22,496 and gives a breakout above 22,600, it will confirm bullish strength.
🎯 Upside Targets:
➤ 22,680
➤ 22,800
🟥 Short Setup:
If price fails to hold above 22,435 and breaks below it with momentum:
🎯 Downside Targets:
➤ 22,319 (Opening Support)
➤ 22,208 (Last Intraday Support)
🧠 Tip: Use option strategies like straddles or strangles near this flat zone if expecting a breakout or expansion in volatility. Avoid naked directional trades unless there is strong confirmation.
🔻 3. GAP-DOWN OPENING (100+ points below previous close)
If NIFTY opens near or below 22,319 (Opening Support):
📍 The area between 22,319 – 22,208 is critical for support. Watch closely for price action.
🟩 Reversal Setup:
If NIFTY opens near 22,208–22,319 and holds this support with signs of strength (bullish pin bar, morning star, or strong bullish volume), a reversal trade can be taken.
🎯 Targets:
➤ 22,435
➤ 22,496
🟥 Breakdown Setup:
If support at 22,208 breaks with a large red candle and follow-through, short trades can be initiated.
🎯 Targets:
➤ 22,140–22,100 Zone (Intraday Expansion Move)
🧠 Tip: Gap-downs can lead to high implied volatility. Be cautious of IV crush if reversal happens. Consider bear put spreads to manage premium risk.
💡 Risk Management Tips for Options Traders
Avoid buying deep OTM options post 12 PM unless there is strong trend confirmation. Always trade with a defined stop-loss. Use 15-min closing basis for better validation. Consider spreads (bull call, bear put) to reduce the impact of theta decay. On volatile days, reduce position size and hedge your trades. Don’t trade immediately after a gap — let the first 15–30 mins settle to avoid traps.
📌 Summary & Conclusion
✅ Key Resistance Zones:
➤ 22,600–22,626 (Opening Resistance)
➤ 22,800 (Last Intraday Resistance)
✅ Key Support Zones:
➤ 22,435 (Pivot Zone)
➤ 22,319 (Opening Support)
➤ 22,208 (Last Support Zone)
🎯 Let price action guide your trade around these key levels. Remember — reacting to the market is better than predicting it.
⚠️ Disclaimer
I am not a SEBI registered analyst. This trading plan is shared purely for educational purposes. Please do your own research or consult your financial advisor before making any investment or trading decisions.
NIFTY : Intraday Trading Levels and Plan for 12-Mar-2025📅 NIFTY Trading Plan – 12-Mar-2025
(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.
Smart recovery by Nifty after opening Gap-Down. Nifty opened Gap down after a sell-off in global markets in general and US markets in particular. Nasdaq tanked 3.81%, Dow cracked 2.08% and S&P 500 cracked 2.70% last night. Nifty however has closed 37 points in positive showing some strength. The recovery from day's low was 183.2 which sounds like a very powerful comeback.
However we are not out of the woods till we close above few important resistances which are in front of Nifty. Immediate resistances are at 22531, 22668 and 22842. Once we close above 22842 there are Mother and Father Line resistances at 23067 and 23439. Closing above 23439 is the key for Bulls to make a comeback. Those who are not aware about my Mother, Father and Small Child theory of stock market can read my book the Happy Candles Way to Wealth creation. The book is one of the highest rated books on Amazon in the category. The book teaches Behavioural finance, Fundamental analysis and Technical analysis. Many consider this book as hand book of investment. Anyone who reads it will benefit and take something home some valuable learning whether he is a newbie or a seasoned investor.
Supports for Nifty will be near 22314, 21975, 21782 and 21281. If Nifty can carry forward today's momentum into tomorrow there is a chance of further recovery. Shadow of the candle despite today's smart recovery is absolutely neutral. Market will be closed on Friday for Dhuleti so next 2 days are very crucial for Bulls. Mother and Father lines are far away but bulls will be very happy to get a closing above 22668 if not 22842 this week. Bears will try to drag the market below today's low of 22314. So it can be a tussle of the highest order in store for the next 2 days.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
#NIFTY Intraday Support and Resistance Levels - 11/03/2025Slightly gap down opening expected in nifty. After opening if nifty starts trading below 22450 level then possible downside rally upto 22300 in opening session. This downside rally can extend further in case nifty gives breakdown of 22250 level. Any bullish side rally only expected if nifty starts trading and sustain above 22500 level.
NIFTY : Intraday Trading levels and Plan for 11-Mar-2025📅 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:
🕒 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.
NIFTY : Intraday Trading levels and Plan for 10-Mar-2025 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:
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 🚀
Nifty Outlook: Bulls vs Bears - Key Levels to Watch Next Week
Nifty closed at 22,552, up by around 330 points from last week's close, hitting a high of 22,633 and a low of 21,964. As anticipated last week, the index found support at the 100-day WEMA around the 22,000 level, triggering a bounce. Looking ahead, next week is crucial, as the market is at a crossroads. While the monthly and weekly timeframes continue to show bearish signals, the bulls are actively trying to take control and push the market higher.
Here’s what to watch for:
Key Resistance: If Nifty manages to stay above 22,800 next week, we could see a short-covering rally, driving the index towards the 23,000 to 23,050 range. However, beyond these levels, the bulls may face significant challenges in taking the market further up.
Critical Support: On the downside, 22,000 remains a major support level. A break below this level could signal a fresh downtrend, possibly leading the market towards 19,500.
Next week is expected to be volatile, given the short trading week due to the holiday on Friday. This could lead to profit-taking from long traders, which might put downward pressure on the market. Keep a close eye on this week's low of 21,964. If it breaks, the market may open up to sharp declines.
Meanwhile, the S&P 500 has found support at the 50-day WEMA and closed at 5,770. On the weekly timeframe, it looks like the S&P 500 is forming a W pattern, with potential upside towards 5,850-5,890 next week before any pullback. If the S&P rallies as expected, it could provide a boost to Indian markets as well.
Next week is set to be decisive. Will the bulls overcome the bearish pressure, or will the market succumb to further selling? Stay alert, as the battle between bulls and bears continues.
Nifty trying to bounce but few hurdles remain. Nifty is trying to bounce after forming the base but few important hurdles to cross next week if the rally has to sustain. The immediate resistances for Nifty will be 22557, 22668, 22800 and 23056. If these resistances are crossed we will have the Mother line and Father line resistances waiting for Nifty at 23116 and 23458. In the Middle of this tough resistance zone of Mother line and Father line there is also a trend line resistance around 23300. But these will come into play only if we are able to cross the immediate resistances mentioned earlier.
To know what mother father line resistances are you will have to read my book The Happy Candles Way To Wealth Creation. It is one of the highest rated books on Amazon in its category.
In case of the rally fizzles out the support zones will be near 22240, 21964, 21782 and finally 21281. In unlikely circumstances of 21281 broken and we get a weekly closing below it the market will fall into a major bear grip coming out of which can take a lot of time as this is the Election 2024 day low.
As of now shadow of the candle looks slightly positive however FIIs are still in the selling zone despite the chart showing the signs of bottom formation. Next week is going to be very interesting. It will be interesting if FIIs finally show some interest of coming back or continue their selling mode. Little bit of support from FII here could possibly drive the rally further and add more steam to this humble beginning of what we can call a gentle up move rather than a bull run.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
#NIFTY Intraday Support and Resistance Levels - 07/03/2025Today will be flat opening expected in nifty. After opening if nifty sustain above 22500 level then expected upside movement upto 22750 in today's session. 22500 level will act as a important support for today's session. Major downside possible if nifty not sustain above level and give breakdown of 22450. This downside can goes upto next major support level at 22150.
NIFTY : Intraday Trading levels and Plan for 07-Mar-2025
📌 Key Levels to Watch:
🔴 Resistance Levels: 22,635 | 22,819
🟢 Support Levels: 22,467-22,496 | 22,378 | 22,258
📝 Market Context:
Nifty has shown strong momentum in recent sessions, currently trading near 22,529. The profit booking zone lies around 22,635, while a breakout above this could lead to 22,819. On the downside, key support exists at 22,467-22,496, and a further breakdown may drag prices toward 22,378-22,258.
📈 Scenario 1: Gap-Up Opening (100+ Points Above 22,630) 🚀
If Nifty opens above 22,630, it enters the profit booking zone, making further upside dependent on momentum. A clean breakout above 22,819 will signal strength.
Buy above 22,635 🔼
🎯 Target: 22,750 – 22,819
🛑 Stop Loss: 22,550
📝 Plan: If Nifty sustains above 22,635, it can attempt 22,819. Wait for a proper 15-minute candle close above 22,635 before entering. Profit booking is advised near resistance levels.
Rejection at 22,635 ❌
🔽 Sell below 22,630
🎯 Target: 22,500 – 22,467
🛑 Stop Loss: 22,680
📝 Plan: If Nifty struggles at 22,635 and reverses, a short trade can be considered toward 22,467. Volume confirmation is necessary before entering shorts.
📉 Scenario 2: Flat Opening (22,450 – 22,550) 📊
A flat opening near 22,450 – 22,550 suggests indecision. The 22,467-22,496 range is a crucial support area.
Buy above 22,550 🔼
🎯 Target: 22,635 – 22,700
🛑 Stop Loss: 22,500
📝 Plan: If Nifty holds above 22,550 and shows strength, an upside move toward 22,635 is likely. Look for bullish price action confirmation before entering.
Sell below 22,467 🔽
🎯 Target: 22,378 – 22,350
🛑 Stop Loss: 22,525
📝 Plan: If Nifty breaks below 22,467 and struggles to reclaim it, selling pressure may drag it toward 22,378. Wait for a sustained breakdown before taking short positions.
📉 Scenario 3: Gap-Down Opening (Below 22,429) ⚠️
A gap-down below 22,429 signals weakness, with support at 22,378 and 22,258.
Buy near 22,258 – 22,300 🟢
🎯 Target: 22,440
🛑 Stop Loss: 22,220
📝 Plan: If Nifty stabilizes at 22,258-22,300, a bounce toward 22,440 is possible. Ideal for risk-managed long trades.
Sell below 22,258 🔽
🎯 Target: 22,150 – 22,100
🛑 Stop Loss: 22,320
📝 Plan: If selling pressure persists below 22,258, a further slide is likely. Avoid panic selling; wait for confirmation.
💡 Risk Management Tips for Options Traders 🎯
✅ Theta Decay Awareness: Avoid buying OTM options late in the day.
✅ Stop-Loss Discipline: Always use SL based on technical structure.
✅ Position Sizing: Risk only 2% of capital per trade.
✅ Avoid Overtrading: Trade only high-probability setups.
📌 Summary & Conclusion 📌
🔹 Bullish above 22,635 for 22,819.
🔹 Bearish below 22,258 for 22,150.
🔹 Flat open needs confirmation for direction.
🔹 Key support: 22,467-22,496 | 22,258.
🔹 Key resistance: 22,635 | 22,819.
📢 Trade with discipline, follow the plan, and manage risk effectively!
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Do your own research or consult a financial advisor before trading. 📊📉📈
Good closing by Nifty, Now all eyes on tomorrow's weekly closingAnother fantastic day of recovery by Nifty which closed 207 points up today. From the lows of the day recovery was 310.6 from the lows of the day. Thus last 2 days have seen a significant up moves. The resistances now for Nifty remain at 22556, 22800 and 22981 before we reach the major resistance zone of 23139 to 23467.
This zone includes a Mother line, Father line and Trend line resistance. It will take some major good news or significant buying by FII to take us into Bull zone which awaits us above this zone. Supports for Nifty remain at 22240, 21954, 21782 and 21281. Below 21281 there can be a bear mayhem which can see Nifty slipping into recession mode. For now that zone is far away and shadow of the candle currently looks neutral to positive.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NIFTY : Intraday Trading levels and Plan for 06-Mar-2025Market Context:
Nifty closed at 22,337, with the following key structural levels:
🔴 Profit Booking Zone: 22,635
🟠 No Trade Zone: 22,356 - 22,462
🟢 Opening Support: 22,200 - 22,230
🟩 Last Intraday Support: 22,165 - 22,057
Considering a 100+ point gap opening, let's analyze the possible trading scenarios for the day.
🟢 Scenario 1: Gap-Up Opening (100+ Points Above 22,450)
If Nifty opens above 22,450, it moves into or above the No Trade Zone (22,356 - 22,462).
Sustaining above 22,462 – If the market holds this level with strong momentum, Nifty can rally toward the Profit Booking Zone at 22,635.
Rejection from 22,462 – If price struggles to break above 22,462, it may pull back toward the previous resistance at 22,356, which now acts as support.
If price consolidates inside the No Trade Zone, it signals uncertainty, and traders should wait for a clear direction before taking action.
🔹 Trading Plan:
Go long only if Nifty sustains above 22,462 on an hourly close, targeting 22,635.
Sell below 22,356 if rejection is observed, with a target of 22,289.
Options traders can consider 22,500 CE for long trades and 22,400 PE if rejection occurs.
🟡 Scenario 2: Flat Opening (Within 22,300 - 22,350)
A flat opening near 22,346 places Nifty in a neutral range, requiring confirmation for the next move.
A move above 22,356 will push the index toward the No Trade Zone (22,356 - 22,462). If sustained, a breakout above 22,462 can open room for higher levels.
A drop below 22,300 brings the price closer to the Opening Support Zone (22,200 - 22,230), making this level crucial for short-term buyers.
If price trades between 22,300 - 22,356, wait for a decisive breakout before entering trades.
🔹 Trading Plan:
Avoid taking trades inside the No Trade Zone and wait for a breakout.
Go long above 22,462, targeting 22,635.
Sell below 22,300 for a move toward 22,200, with stop-loss at 22,356.
Options traders can use 22,400 CE for longs and 22,300 PE for shorts.
🔴 Scenario 3: Gap-Down Opening (100+ Points Below 22,200)
A gap-down near 22,200 - 22,057 will bring price into the Opening Support & Last Intraday Support Zones.
Holding 22,200 – If price finds support here, a strong bounce can push Nifty back toward 22,356.
Breaking 22,165 – If selling pressure persists, the next downside target is 22,057, which is the last major support.
If price enters the 22,057 - 22,165 range, this zone could act as a major reversal point based on previous demand zones.
🔹 Trading Plan:
Look for buying opportunities at 22,200 if price shows reversal signals.
If breakdown below 22,165 occurs, wait for confirmation before shorting toward 22,057.
Options traders can use 22,200 PE for breakdown trades and 22,100 CE for bounces.
📊 Risk Management Tips for Options Trading
✅ Use Stop Loss on an Hourly Close Basis – Avoid holding options without confirmation of direction.
✅ Avoid Trading in the No Trade Zone – Let price break out before taking a position.
✅ Monitor India VIX – If volatility is high, premiums may decay faster. Avoid unnecessary trades.
✅ Partial Profit Booking is Key – Secure profits at resistance & support levels instead of waiting for full targets.
✅ Avoid Holding Trades Overnight – Unless there is a strong directional bias, overnight positions carry additional risk.
📌 Summary & Conclusion
Bullish Scenario: Above 22,462, Nifty can rally toward 22,635.
Neutral Zone: If trading between 22,300 - 22,356, wait for confirmation before entering trades.
Bearish Scenario: Below 22,165, weakness can extend toward 22,057, where a bounce is likely.
🔹 Best Risk-Reward Trades:
Buy near 22,200 if support holds.
Sell below 22,165 for a breakdown.
Buy only on a confirmed breakout above 22,462.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trading decisions.
Nifty trying to stage a comeback but big resistances approachingNifty is in the process of staging a grand come back. Toda it closed with heft gain of 1.15% and 254 points. However there is an important trend line resistance including the supply zone between 22394 and 22455. If we get a closing above 22455 by the end of this week we can assume it will be a come back otherwise this bounce can be termed only as a technical bounce from the oversold zone. Once we get a closing above 22455 the next resistances will be at 22692 and 22981. Post this there will be Mother line, Major trend line and Father line resistance which can be seen in the chart at 23163, 23411 and finally 23477. It is a long way to go before we reach there. Bulls can claim a dominating position only after a closing above 23477. Supports for Nifty remain at 22183, 21954 and 21576 currently. All eyes on the closing we get this weekend. Positive or positive to flat closing required in the next 2 days for bull run to gather proper steam. Shadow of the candle currently looks neutral to positive.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NIFTY : Intraday Trading levels and Plan for 25-Mar-2025Market Context:
Nifty closed at 22,080.30, with key structural zones identified:
🔴 Last Intraday Resistance Zone: 22,188 - 22,230
🟠 No Trade Zone: 22,070 - 21,966
🟢 Opening Support: 21,966
🟢 Last Intraday Support: 21,889
🟩 Key Demand Zone: 21,613 - 21,889 (Potential Wave C Completion Area)
With a 100+ point gap opening considered, let’s analyze different market scenarios.
🟢 Scenario 1: Gap-Up Opening (100+ Points Above 22,180)
If Nifty opens above 22,180, it enters the Last Intraday Resistance Zone (22,188 - 22,230).
Sustaining above 22,230 – A breakout above this resistance can lead to a potential move toward 22,356.
Failure at 22,230 – A rejection from this level could push Nifty back toward 22,080, the previous closing level.
If price consolidates near 22,230 without strong buying, it signals a possible reversal, making a short trade viable.
🔹 Trading Plan:
Go long only if Nifty sustains above 22,230 on an hourly close, targeting 22,356.
Sell below 22,188 if rejection is observed, with a target of 22,080.
Options traders can consider 22,200 CE for longs and 22,300 PE if rejection occurs.
🟡 Scenario 2: Flat Opening (Within 22,070 - 22,100)
A flat opening near 22,080 places Nifty in a neutral zone, requiring clear direction.
A move above 22,100 may lead to an attempt toward the resistance at 22,188 - 22,230.
A drop below 22,070 would push price into the No Trade Zone, signaling indecision.
A break below 21,966 will shift momentum bearish, targeting 21,889.
🔹 Trading Plan:
Avoid trades inside the No Trade Zone and wait for a breakout.
A rejection from 22,188 can offer a short trade opportunity toward 22,070.
Long positions should only be considered above 22,230, with proper stop-loss management.
🔴 Scenario 3: Gap-Down Opening (100+ Points Below 21,980)
A gap-down near 21,966 - 21,889 will bring price into Opening Support & Last Intraday Support Zones.
Holding 21,889 – A strong bounce can occur from this level, offering a buying opportunity.
Breaking 21,889 – If sustained selling continues, Nifty may move toward the Wave C Completion Zone (21,613 - 21,889).
If price enters the 21,613 - 21,889 range, this zone could act as a major reversal point based on the daily chart.
🔹 Trading Plan:
Look for buying opportunities at 21,889 if price shows signs of reversal.
If breakdown below 21,889 occurs, wait for confirmation before shorting toward 21,613.
Options traders can use 21,900 PE for breakdown trades and 21,800 CE for bounces.
📊 Risk Management Tips for Options Trading
✅ Use Stop Loss on an Hourly Close Basis – Avoid holding options without confirmation of direction.
✅ Trade Small in No Trade Zones – Wait for a breakout or rejection before increasing position size.
✅ Monitor India VIX – If volatility spikes, avoid aggressive short selling.
✅ Book Profits at Resistance & Support Levels – Avoid holding options till expiry unless confident in direction.
✅ Stay Disciplined – If market structure changes, be quick to adapt rather than forcing trades.
📌 Summary & Conclusion
Bullish Scenario: Above 22,230, Nifty can rally toward 22,356.
Neutral Zone: If trading between 21,966 - 22,070, wait for confirmation before trading.
Bearish Scenario: Below 21,889, weakness can extend toward 21,613, where a bounce is expected.
🔹 Best Risk-Reward Trades:
Buy near 21,889 if support holds.
Sell below 21,889 for a breakdown.
Buy only on a confirmed breakout above 22,230.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trading decisions.
NIFTY : Analysis, levels, Prediction and next aheadThis chart provides an analysis based on Elliott Wave theory (Modified with psychological behavior), showing how the NIFTY 50 index has moved through different phases and highlighting important levels where price actions suggest significant market behavior.
Initially, prices consolidated around 21174-22469, forming the base of a larger upward move referred to as Wave C which was started from 15290 on weekly chart. This phase is significant because it shows the market finding strong support, where buyers stepped in to absorb selling pressure. This type of consolidation often indicates the foundation of a bullish rally. From here, the index began its upward journey, reaching an extended Wave C completion zone between 25,096 and 26,641 which was predicted on 30-Aug-2024 when prices were trading at 25151 .
from this range, prices started to lose strength, which is typical when markets approach exhaustion zones in an extended trend. The selling pressure increased, leading to a reversal.
charts.fyers.in
After hitting this extended resistance zone, the market entered a correction phase, forming Wave A. This phase is marked by a sharp decline, with prices finding support at 23,263, a significant 50% retracement of the previous move. Retracements like this are crucial because they represent a balance point where the market pauses to decide its next move. The 50% retracement is also a key Fibonacci level, often considered a strong resistance / support area. from retracement zone prices started decline again to complete its structure of ABC (Correction wave)
Currently, the index is trading in the first corrective Wave C zone between 22,762 and 23,061. This range is critical because it represents a decision point for the market. If prices hold here, it could signal the end of the correction and the start of a new upward wave. If the market fails to sustain this level, it could move further downward toward the extended correction zone at 21,617–21,893. This area is identified as a potential bottoming-out zone where strong support is expected. Historically, such zones offer good buying opportunities for traders looking for a trend reversal.
However, if prices fail to hold even this extended correction zone and break below 21,174, it would confirm a decisive bearish trend on both weekly and monthly charts. A breakdown like this would suggest a prolonged sideways or negative trend, meaning the market could struggle to recover for some time.
In summary, the chart highlights key areas to watch for potential market reversals. If prices hold above 22,762, there’s a good chance of a bullish recovery, and this could be a buying opportunity. On the other hand, if prices break below this level, the next significant support lies around 21,617–21,893. A failure to hold even that zone would shift the outlook to bearish, signaling the end of the bullish trend and a move toward a deeper correction. Understanding these levels and their significance helps traders and investors make informed decisions about when to enter or exit the market.
NIFTY : Is still Panic Ahead?
In Continuation of my last analysis on 27-Jan-2025
Updated on Daily Charts
Bullish Wave Completion (Wave 1):
The initial upward move saw prices reach a bullish wave completion zone between 21,179 and 22,481. This zone represents the culmination of a strong impulsive wave, with consolidation occurring around the lower band (21,179) after peaking. The support held firm, indicating potential for further upside initially.
Extended Wave C or Wave 3 Profit Booking (Wave 2):
Following the bullish peak, an extended Wave C or Wave 3 profit-booking zone was identified between 22,086 and 22,636. This zone triggered a sharp decline as prices hit the upper band, suggesting overextension and exhaustion of bullish momentum. The drop broke below the support of this zone, setting the stage for a corrective phase.
Correction Wave (Wave 3):
A corrective wave formed, confirmed by a 50% Fibonacci retracement of the prior upward move. This retracement level acted as a natural pullback point, with prices stabilizing briefly before resuming their downward trajectory. This wave indicates a healthy correction within the larger trend.
Support and Further Correction (Wave 4):
Prices found temporary support within the correction wave zone of 22,758 - 23,054. However, this support failed, leading to a further decline after the formation of Wave 4 on a minor wave. The chart marks this as part of an extended correction wave completion zone (21,613 - 21,894), where current price action is converging.
Current Market Position and Outlook:
As of the chart's context (March 2023, with the current date being March 4, 2025), prices are trading toward the extended correction zone (21,613 - 21,894). This zone represents a critical level where buyers might step in, but a break below could signal deeper losses.
Short-term resistance is noted around 23,054, while a sustained move below 21,894 could target the Primary Wave 4 bottom at 19,683. This level aligns with a significant long-term support zone, making it a key area to watch for reversal or continuation.
Trading Implications:
Bullish Case: If prices hold above 21,894 and show signs of reversal (e.g., bullish candlestick patterns or increased volume), traders might anticipate a bounce toward 23,054.
Bearish Case: A break below 21,894 with strong momentum could open the door to 19,683, especially if broader market sentiment turns negative.
Risk management is crucial, with stop-losses recommended below key support levels and targets set near resistance zones.
NIFTY : Intraday Trading levels and Plan for 04-Mar-2025
This analysis provides a comprehensive trading plan for the NIFTY 50 index on March 4, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 100+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY 50 opens above 22,142 (a gap of 100+ points from the previous close of 22,042), it signals strong bullish momentum. This opening suggests a potential breakout from the current consolidation range, indicating aggressive buying interest.
If the price sustains above 22,142, it could target the resistance zone of 22,300–22,460. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 22,300–22,460, a reversal trade could be considered, targeting a pullback to 22,118–22,042 (opening support/consolidation zone and previous close).
Should the price break above 22,460 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 22,600 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 22,142 , targeting 22,300–22,460. Use a stop-loss below 22,042 to manage risk.
✔️ Short if the price rejects 22,300–22,460, aiming for 22,118–22,042. Place a stop-loss above 22,460 to limit potential losses.
Explanation: A Gap-Up opening of 100+ points indicates a potential breakout from the 21,889–21,600 consolidation range. Waiting for a retest of 22,142 confirms bullish intent, while the resistance at 22,300–22,460 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum resurfaces.
🔹 Scenario 2: Flat Opening (Near 22,042–22,118)
If NIFTY 50 opens within the range of 22,042–22,118, it suggests a balanced market continuing its consolidation phase with no clear directional bias. This zone acts as a critical opening support/resistance area.
A breakout above 22,118 could drive prices toward 22,300–22,460, signaling bullish momentum and a possible trend reversal.
A breakdown below 22,042 might lead to selling pressure, targeting 21,889 (first buyer’s support) or even 21,613–21,600 (possible bottom-out level).
✅ Trade Plan:
✔️ Buy above 22,118 , targeting 22,300–22,460. Use a stop-loss below 22,042 to protect against a false breakout.
✔️ Sell below 22,042 , targeting 21,889 or 21,613–21,600. Set a stop-loss above 22,118 to manage downside risk.
Explanation: A Flat opening within the 22,042–22,118 range indicates the market is still consolidating, a no-trade zone unless a breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to confirm a breakout above 22,118 for a bullish move or a breakdown below 22,042 for a bearish move, avoiding premature entries.
🔹 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY 50 opens below 21,942 (a gap of 100+ points from the previous close of 22,042), it signals bearish sentiment and potential weakness, testing the lower support levels.
Immediate support lies at 21,889 (first buyer’s support). If this holds, a pullback toward 22,042–22,118 could occur.
If 21,889 breaks with strong selling pressure, expect further downside toward 21,613–21,600 (possible bottom-out level for a reversal).
✅ Trade Plan:
✔️ Buy near 21,889 , targeting a pullback to 22,042–22,118. Use a stop-loss below 21,600 to limit risk.
✔️ Short below 21,889 , targeting 21,613–21,600. Place a stop-loss above 21,889 to protect against a quick recovery.
Explanation: A Gap-Down opening of 100+ points suggests continued downward pressure, but support at 21,889 could trigger a rebound if it holds. Waiting for confirmation near 21,889 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting. The 21,613–21,600 zone is a critical level for a potential reversal if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 22,300 or 21,889) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 22,118 → Target: 22,300–22,460.
✔️ Bearish Below: 22,042 → Target: 21,889 or 21,613–21,600.
✔️ No Trade Zone: 22,042–22,118 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the NIFTY 50 market effectively on March 4, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
#nifty50 Bhalu bhaiya maan jaao :)Nifty ended the week at 22,124, down 670 points from the previous week's close, with a high of 22,668 and a low of 22,104. As I highlighted last week, the formation of a gravestone doji was a bearish signal, indicating the market was under the influence of selling pressure—and we’ve now witnessed the impact of that pattern. Currently, Nifty is testing the critical support at the WEMA100 level, which could trigger a bounce. However, any rally should be seen as an opportunity to enter fresh short positions.
As mentioned last week, if Nifty closed below the 22,400 level on the monthly chart, we were likely to see further correction, and that’s exactly what transpired. While it may sound negative, I anticipate the index heading toward the 19,500 mark . For long-term investors, there’s no need for concern. This pullback could offer a prime opportunity to buy fundamentally strong stocks at attractive prices. Traders, on the other hand, should focus on a “sell on rise” strategy instead of attempting to pick a bottom and risking substantial losses.
Turning to the S&P 500, as I pointed out last week, the bearish M-pattern was in play. From the recent high of 6043, we’ve seen a 3.5% correction. On the weekly chart, the index has formed a long-legged candle, signaling that demand is emerging from lower levels. For the past four months, the S&P 500 has struggled to break through the significant resistance at 6000, failing to close above it on a monthly basis. A decisive monthly close above 6000 could open the door for the index to reach higher levels, potentially targeting 6225, 6376, 6454, and 6568.
In conclusion, the market remains under pressure, with Nifty at a key support level and the S&P 500 facing resistance. Investors should remain focused on long-term opportunities, while traders should be cautious and adopt a disciplined approach to navigating the current market volatility. Stay strategic, stay patient, and let the market unfold.