NIFTYK2025 trade ideas
Nifty Important Levels for 20th June 2025Hello fellow traders,
I'd like to share my analysis of the Nifty charts for educational purposes. Based on the chart, here's my understanding:
- If the price reaches primary support, it may bounce back to primary resistance, and vice versa.
- If the price breaks above primary resistance and retests it, it could target secondary resistance. A pullback from secondary resistance might lead it back to primary resistance.
- Conversely, if the price breaches primary support, it may head towards secondary support and potentially rebound back to primary support.
Remember to always use stop-loss and consider EMA 20 for identifying potential price retracements.
Wishing you a successful trading session tomorrow!
Best regards
Review and plan for 2nd June 2025 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty Futures (NIFTY1!) – Key Levels and Range View
Nifty Futures is currently trading in a broad range between the resistance near 25,100 and the support zone around 24,700. The price is showing sideways movement within this consolidation zone, as seen on the 15-minute chart.
📌 Key Levels:
Resistance (Res): ~25,100
Immediate Support (Sup): ~24,700
Lower Support (Sup): ~24,530
🔍 Observation:
The price has respected the upper resistance multiple times, indicating strong selling pressure around 25,100.
Support near 24,700 has been tested several times, indicating accumulation.
A breakout above resistance may trigger bullish momentum.
A breakdown below 24,700 may lead to further downside toward 24,530.
🎯 Trading Plan:
Wait for a breakout/rejection near resistance or support to take directional trades.
Stay cautious within the range; consider quick scalps with tight stop losses.
📅 Chart Timeframe: 15 Min
💡 Idea Type: Range-Bound Trading / Breakout Watch