Nifty Data and Trading Strategy for 17 March 2018 NSE:NIFTY Analysis and Trading Strategy
Key Observations:
Nifty Spot Price: 22,397.20
Max Pain: 22,450This suggests that option writers will try to move the market towards this level by expiry.
PCR (Put-Call Ratio): 0.99PCR near 1.0 indicates a balanced market, with no extreme bullish or bearish bias.
A rise above 1.2 suggests bullishness, while a drop below 0.8 suggests bearishness.
OI (Open Interest) Data:Call OI Change: 430.58L (High call writing at resistance levels)
Put OI Change: 369.91L (Put writing suggests strong support)
Total Calls OI: 752.31L vs. Total Puts OI: 745.22L (Almost equal, indicating a neutral stance)
Support and Resistance Levels:
Immediate Resistance: 22,500 (Strong Call Writing)
Immediate Support: 22,300 (Strong Put Writing)
Next Resistance: 22,600
Next Support: 22,200
Trading Plan (March 17, 2025)
Scenario 1: Bullish Setup (Breakout Above 22,450)
Entry: Above 22,450 (Confirm breakout with volume)
Target 1: 22,500
Target 2: 22,600
Stop Loss: 22,350
Reason:If Nifty moves above max pain (22,450), bulls will gain momentum.
PCR indicates a balanced market, but a breakout with volume can trigger further upside.
Scenario 2: Bearish Setup (Breakdown Below 22,350)
Entry: Below 22,350 (Confirm breakdown with volume)
Target 1: 22,300
Target 2: 22,200
Stop Loss: 22,450
Reason:Call writing at 22,500 suggests strong resistance.
Breakdown below 22,350 may lead to further downside towards 22,300 and 22,200.
Final Strategy:
Bias: Neutral to Bullish (Watch for breakout above 22,450)
Intraday Plan:If Nifty opens flat → Wait for breakout/breakdown confirmation
If Nifty opens above 22,450 → Buy on dips
If Nifty opens below 22,350 → Sell on rise
Niftytrend
Nifty Intraday Support & Resistance Levels for 17.03.2025Thursday’s session saw Nifty opening with a gap-up, touching a high of 22,558.05, but it couldn’t sustain the momentum and dropped to a low of 22,377.35 by the end of the day. It closed at 22,397.20, losing 73 points from the previous close. Both the Weekly and Daily Trends (50 SMA) remain negative.
Demand/Support Zones
Near Minor Demand/Support Zone (15m): 22,329.55 - 22,370.20
Near Demand/Support Zone (Daily): 21,964.60 - 22,261.55
Far Support: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Minor Supply/Resistance Zone (75m): 22,595.90 - 22,676.75
Far Supply/Resistance Zone (Weekly): 23,222 - 23,807.30
Outlook
The outlook remains unchanged from the previous update—if the Daily Demand Zone support holds, we might see Nifty testing 22,885 or even 23,100 in the coming days. However, continued selling pressure at resistance zones could keep the index range-bound.
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 Faces Range-Bound Phase,brace for volatility till Mid ApriNifty ended the week at 22,397, marking a decline of about 150 points from the previous week's close. The index reached a high of 22,676 and a low of 22,314, trading in a narrow range of just 360 points. This suggests that next week, Nifty could experience a wider range, with potential moves between 22,850 and 21,950 .
Despite the weakness seen on both the monthly and weekly charts, Nifty remains range-bound as long as the critical support level of 21,950 holds. However, with the end of March approaching, many investors will likely start booking losses to offset any gains they’ve made this year. This could trigger another round of selling pressure in the market. As a result, we may not see a meaningful recovery until mid-April, meaning we could face one more month of market volatility and pessimism.
It's crucial to keep cash ready to invest in fundamentally strong stocks during this period of market uncertainty. On the global front, the S&P 500 closed the week at 5,521, slipping below its 50-week exponential moving average (50WEMA). It seems likely that the index will test the 100-week exponential moving average (100WEMA) at around 5,240–5,250, which is about 4% below its current level. If this happens, we could see additional pressure across global markets, including India.
In summary, brace yourself for another month of market negativity before any potential relief arrives. Stay cautious and focus on high-quality stocks for the long term.
#NIFTY Intraday Support and Resistance Levels - 13/03/2025Flat opening expected in index. After opening if nifty starts trading above 22500 level then expected upside rally upto 22650+ in today's session. 22650 level will act as an immediate upside resistance. Expected reversal from this level. Major downside expected if nifty not sustain above 22500 and starts trading below 22450 level.
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.
Vedanta at Crucial Zone – Breakdown or Breakout?🔹 Description:
Vedanta Ltd (VEDL) is trading at a critical price zone, where a breakout above ₹ while a breakdown below ₹ may invite further selling pressure with downside targets of ₹ .
🔸 Watch key levels closely:
Support: ₹
Resistance: ₹
Confirmation with volume and RSI divergence can help validate the move. Stay alert — a trending move is expected soon!
#Vedanta #VEDL #BreakoutOrBreakdown #TechnicalAnalysis #NSEStocks #SwingTrading #PriceAction #StockMarketIndia #TradingViewSetup #SupportResistance
#NIFTY Intraday Support and Resistance Levels - 12/03/2025Flat opening expected in nifty. After opening if nifty sustain above 22500 level then possible upside rally upto 22750+ level in today's session. Any major downside only expected if nifty not sustain above level and starts trading below 22450. This downside rally can goes upto 22300 level after the breakdown.
Nifty Intraday Support & Resistance Levels for 12.03.2025Tuesday’s session saw Nifty opening gap-down due to negative global cues, hitting a low of 22,314.70 before gradually recovering to a high of 22,522.10 by the end of the day. It closed at 22,497.90, gaining 37 points over the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) has turned negative from oversold levels.
Demand/Support Zones
Near Demand/Support Zone (Daily): 21,964.60 - 22,261.55
Far Support: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Minor Supply/Resistance Zone (75m): 22,595.90 - 22,676.75
Far Supply/Resistance Zone (Weekly): 23,222 - 23,807.30
Outlook
After making a recent high of 22,676.75 on Monday, Nifty faced selling pressure but managed to recover from 22,314.70 on Tuesday, closing near 22,500, showing some bullish strength. However, the index has not retraced much from its fall between 23,807.30 to 21,964.60. If the Daily Demand Zone support holds, we could see a potential move towards 22,885 or even 23,100 in the coming days.
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 Support and Resistance Levels - 10/03/2025Flat opening expected in nifty near 22550 level. Any bullish side rally only expected if nifty sustain above 22500 level. If nifty gives upside movement then there will be nearest resistance at 22750 and expected reversal from this level. Strong downside expected if nifty starts trading below 22450 level.
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 🚀
MRF Ltd. – High Potential Trade Setup & Market Analysis🚀 MRF Ltd. – Monthly Chart Analysis 📊
🔍 Key Observations:
📌 Current Price: ₹107,202.95 📉
The stock is down almost 67% from all time high
📌 Trade Setup:
🎯 Target Price: ₹151,110.25 (+60.72%)
⚠️ Stop Loss: ₹83,228.20 (-11.46%)
💡 Risk/Reward Ratio: 5.3 (Highly favorable setup!)
📌 Best Buying Range:
📍 Highlighted Zone: ₹91,230 - ₹94,060 (Perfect Accumulation Area)
🔥 Golden Opportunity for Smart Investors!
📌 Technical Structure:
📈 Uptrend Potential: If the price holds above ₹98,100, it could shoot up towards ₹151,110! 🚀
🛑 Strong Support Levels: ₹91,230 & ₹83,228 (Stop-Loss Zone)
📊 Key Resistance Levels: ₹107,200 & ₹151,110 (Breakout Zones)
📌 Market Sentiment:
📢 Stock is trading near a crucial buying zone!
🔥 A bullish breakout could lead to new all-time highs! 🚀
❗ If it falls below ₹91,230, expect a bearish reversal.
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🎯 Conclusion & Strategy:
✅ For Long-Term Investors:
💰 Buying near the best buying range (~₹91,230 - ₹94,060) could be a smart wealth-building strategy!
✅ For Swing Traders:
📊 Entry confirmation is needed with strong volume & momentum indicators.
✅ For Risk Management:
⚠️ A strict stop-loss of ₹83,228 is a must to protect capital!
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🚨 Disclaimer: I am NOT a SEBI-registered adviser. All levels & price targets are for educational purposes only. 📢 Stock market investments carry risks! Please do your own research or consult a SEBI-registered financial expert before making any investment decisions. ,👍up if you really like this idea.
📌 Trade Safe & Stay Profitable! 💹✨
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.
Omnichart presents - NIFTY/(USDINR) long term trend Nifty's performance when compared to US dollar (vs its base currency i.e. Indian Rupee) broke above a long term since 2007 resistance through Dec 2020. As you can see it broke above the blue line in Dec 2020 and has been outperforming the dollar - to -rupee. What this means is that investing US dollars to buy Nifty started becoming more profitable in Dec 2020 vs just keeping the wealth in US Dollars (not converting to INR). This is in a long term uptrend - what this means is that investing US dollars in NIFTY long term is a profitable strategy.
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.