NIFTY : Trading levels and Plan for 29-Oct-2025

NIFTY TRADING PLAN – 29-Oct-2025

📊 Nifty closed around 25,965, forming a tight consolidation within the No-Trade Zone (25,910 – 26,021). The index has been oscillating between intraday resistances and supports, showing signs of indecision. As we head into tomorrow’s session, traders should focus on reactions around the key breakout and breakdown levels.

🟩 SCENARIO 1: GAP-UP OPENING (100+ Points Above 26,021)

If Nifty opens above 26,021, it will immediately face the Last Intraday Resistance Zone (26,134 – 26,227).

1. [] A strong opening above 26,021 may trigger bullish momentum, driving prices toward 26,134.
   [] Sustaining above 26,134 could attract follow-through buying, targeting 26,227 and possibly 26,300+.
   [] However, this resistance zone is also a potential profit-booking area, where early buyers might book gains.
   [] Failure to sustain above 26,134 could bring a pullback toward 26,021, which will act as an intraday pivot level.
   

🧠 Educational Insight:
Gap-ups often represent overnight optimism, but smart traders wait for a confirmation candle before entering. False breakouts near resistance zones can trap long positions quickly.

⚙️ Plan of Action:
→ If the first 15–30 minutes hold above 26,134, look for intraday long entries toward 26,227 – 26,300 with a stop-loss below 26,021.
→ If prices reject 26,134, expect a corrective dip — short-term traders can scalp short positions back toward 26,021.

🟨 SCENARIO 2: FLAT OPENING (Between 25,910 – 26,021)

A flat start inside the No-Trade Zone usually signals a day of range-bound activity in the initial session.

1. [] The market may stay choppy between 25,910 and 26,021 before choosing direction.
   [] A breakout above 26,021 can trigger bullish momentum, while a breakdown below 25,910 will invite sellers.
   
2. Avoid trading inside this zone as both buyers and sellers may get trapped due to low directional clarity.
   

🧠 Educational Insight:
The “No-Trade Zone” is where risk-reward ratios are unfavorable. Experienced traders often wait for a clean breakout candle or volume confirmation before committing capital.

⚙️ Plan of Action:
→ Avoid premature entries. Wait for an hourly candle close above 26,021 or below 25,910 to initiate trades.
→ Maintain smaller position sizes until the trend direction becomes evident.

🟥 SCENARIO 3: GAP-DOWN OPENING (100+ Points Below 25,910)

If Nifty opens below 25,910, it will test the Last Intraday Support Zone (25,712 – 25,736).

1. [] Expect buyers to attempt a bounce from 25,712 – 25,736 initially.
   [] If this zone fails, the next key support comes at 25,624, which could act as a potential reversal level.
   
2. A sustained break below 25,624 may trigger further downside pressure and shift short-term sentiment bearish.
   

🧠 Educational Insight:
Gap-downs often create emotional reactions, but disciplined traders wait to see if the first bounce holds. Many intraday reversals begin near strong support zones when retail traders panic sell.

⚙️ Plan of Action:
→ For aggressive traders: Short below 25,712 with targets near 25,624, keeping stop-loss above 25,910.
→ For conservative traders: Wait for a rejection candle near 25,910 to confirm a continuation or reversal pattern before entry.

💡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS

• [] Avoid trading the first 15–30 minutes; let volatility settle before entering.
  [] Always set a fixed stop-loss (preferably not exceeding 1–2% of your trading capital).
  [] Prefer ITM options for directional trades to minimize time decay.
  [] Exit half your position once you achieve 1:1 R:R to protect profits.
  
• Avoid overtrading inside the No-Trade Zone — capital protection should be your top priority.
  

📘 SUMMARY & CONCLUSION

• [] Key Resistance Levels: 26,021 → 26,134 → 26,227
  [] Key Support Levels: 25,910 → 25,736 → 25,624
  
• No Trade Zone: 25,910 – 26,021
  

🔹 Nifty remains in a neutral-to-cautious zone, with short-term volatility expected near 26,134 resistance.
🔹 A breakout above 26,134 can extend upside momentum, while a breakdown below 25,910 may invite fresh selling.
🔹 The best approach is to stay patient for directional clarity, respect levels, and trade with defined stops.

⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is shared purely for educational and informational purposes. Please do your own research or consult a certified financial advisor before making any trading decisions.