NIFTY 50 Intraday 08 JUN | Breakout or Breakdown Scenario

Jun 9

NIFTY – Key Levels Setup | Breakout or Breakdown Scenario

According to the price action observed at session start , NIFTY is currently consolidating between the resistance at 25,101 and the support at 25,074 . The structure suggests price is coiling, and a decisive move beyond either level could trigger a directional breakout.

• Key Levels:
Resistance: 25,101
Support: 25,074


• Breakout Scenario:
If price breaks and sustains above 25,101 :
TP1 (1:1): 25,128
TP2 (1:2): 25,155
TP3 (1:3): 25,182

• Breakdown Scenario:
If price breaks and sustains below 25,074 :
TP1 (1:1): 25,047
TP2 (1:2): 25,020
TP3 (1:3): 24,993

"Stay neutral, stay ready. Let the chart pick the direction."

Information and analysis provided is for educational purposes only.

Jun 9

Trade closed manually

📈 NIFTY 50 Intraday Summary – 09 JUN 2025

Breakout or Breakdown Scenario Review
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Opening Outlook:
At market open, NIFTY was observed consolidating between the resistance at 25,101 and support at 25,074, indicating a coiling structure and potential for a directional move.

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🔍 Price Action Review:

Breakout Triggered:
Early in the session, NIFTY broke above the key resistance of 25,101, confirming a breakout scenario.

Target Achieved:
The index achieved Target 1 – 25,128 ✅, aligning well with the 1:1 risk-reward projection. However, further upside was limited as price consolidated post-breakout.

Market Tone:
A gap-up opening placed the index already near resistance zones, leading to sideways price action for the rest of the session. Despite bullish structure, option premiums—especially on the Put side—did not move favorably, offering limited profit opportunities.

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🧠 Key Takeaway:
In such low-volatility, premium-depleting conditions—especially following a gap-up—preserving capital becomes more important than chasing trades. Staying nimble, avoiding overtrading, and protecting your capital base is the mark of seasoned trading.

“In some sessions, it’s not about profit—it's about survival. Discipline is the real edge.”