NIFTY TRADING PLAN – 16-Sep-2025
📊 Spot Price (Previous Close): 25,069
🔑 Key Levels from Chart:
Opening Resistance: 25,119
Last Intraday Resistance: 25,189
Major Resistance: 25,248
Opening Support Zone: 25,053 – 25,068
Last Opening Support: 25,000
Buyer’s Support / Last Intraday Support: 24,886 – 24,853
🔹 Scenario 1: Gap-Up Opening (100+ Points above 25,119)
📌 Educational Note: Gap-ups near resistance zones are prone to profit-booking. Always wait for a 15-min or hourly candle confirmation before chasing longs.
🚨 Risk Tip: Avoid buying high-premium calls at market open. Prefer Bull Call Spreads (ATM + OTM combo) to limit risk.
🔹 Scenario 2: Flat Opening (Between 25,053 – 25,119)
📌 Educational Note: Flat opens are “trapping zones.” The first 30 minutes are crucial to filter out false moves.
🚨 Risk Tip: Keep position sizing small during flat openings. Enter larger positions only after confirmation of breakout/breakdown.
🔹 Scenario 3: Gap-Down Opening (100+ Points below 25,000)
📌 Educational Note: Gap-downs near key supports are high-volatility areas. Watch for strong wicks and reversal candles before deciding on shorts.
🚨 Risk Tip: Instead of naked puts, use Bear Put Spreads to reduce premium decay and hedge against sudden short-covering rallies.
📝 Summary & Conclusion
Bullish above: 25,119 → Targets: 25,189 / 25,248
Neutral Zone: 25,053 – 25,119 → Wait for clear breakout.
Bearish below: 25,000 → Downside targets: 24,886 / 24,853
📌 The index is at a make-or-break zone. A breakout above 25,119 can fuel bullish momentum, while a sustained breakdown below 25,000 can shift the trend bearish.
💡 Options Tip: Use ATM or ITM options for directional momentum. For uncertain markets, prefer spreads (Bull Call / Bear Put) to manage risk.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is prepared purely for educational purposes. Please do your own research or consult a financial advisor before making trading decisions.
📊 Spot Price (Previous Close): 25,069
🔑 Key Levels from Chart:
Opening Resistance: 25,119
Last Intraday Resistance: 25,189
Major Resistance: 25,248
Opening Support Zone: 25,053 – 25,068
Last Opening Support: 25,000
Buyer’s Support / Last Intraday Support: 24,886 – 24,853
🔹 Scenario 1: Gap-Up Opening (100+ Points above 25,119)
- [] If Nifty opens above 25,119, it directly tests the resistance zone.
[] A sustained move above this level may drive prices toward 25,189, which is the last intraday resistance.
[] If bullish momentum continues, the next upside target could be 25,248 major resistance.
[] However, a rejection from 25,119 – 25,189 zone may trigger a pullback toward 25,119, which will act as immediate support.
📌 Educational Note: Gap-ups near resistance zones are prone to profit-booking. Always wait for a 15-min or hourly candle confirmation before chasing longs.
🚨 Risk Tip: Avoid buying high-premium calls at market open. Prefer Bull Call Spreads (ATM + OTM combo) to limit risk.
🔹 Scenario 2: Flat Opening (Between 25,053 – 25,119)
- [] A flat opening in this range will lead to early indecision.
[] If price sustains above 25,119, bulls may take control, targeting 25,189 → 25,248.
[] If price slips below 25,053 – 25,068 opening support zone, downside pressure may drag Nifty toward 25,000 last opening support.
[] Choppy moves are likely until a clear breakout is seen on either side.
📌 Educational Note: Flat opens are “trapping zones.” The first 30 minutes are crucial to filter out false moves.
🚨 Risk Tip: Keep position sizing small during flat openings. Enter larger positions only after confirmation of breakout/breakdown.
🔹 Scenario 3: Gap-Down Opening (100+ Points below 25,000)
- [] A gap-down below 25,000 indicates weakness.
[] If Nifty sustains below this level, it may head toward the Buyer’s Support / Last Intraday Support zone (24,886 – 24,853).
[] Strong buyers may emerge here; a rebound can push prices back toward 25,000.
[] A breakdown below 24,853 may extend bearish momentum and trigger deeper selling.
📌 Educational Note: Gap-downs near key supports are high-volatility areas. Watch for strong wicks and reversal candles before deciding on shorts.
🚨 Risk Tip: Instead of naked puts, use Bear Put Spreads to reduce premium decay and hedge against sudden short-covering rallies.
📝 Summary & Conclusion
Bullish above: 25,119 → Targets: 25,189 / 25,248
Neutral Zone: 25,053 – 25,119 → Wait for clear breakout.
Bearish below: 25,000 → Downside targets: 24,886 / 24,853
📌 The index is at a make-or-break zone. A breakout above 25,119 can fuel bullish momentum, while a sustained breakdown below 25,000 can shift the trend bearish.
💡 Options Tip: Use ATM or ITM options for directional momentum. For uncertain markets, prefer spreads (Bull Call / Bear Put) to manage risk.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is prepared purely for educational purposes. Please do your own research or consult a financial advisor before making trading decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.