28 june Nifty50 brekout and Breakdown leval

474
โœ… Level 1: โ‚น26,018
Above 10-Min Candle Closing
๐Ÿ”น Indicates a short covering zone
๐Ÿ”ธ Strategy: Close all PE positions, shift to CE or book profits

Below 10-Min Candle
๐Ÿ”น Hold PE positions (Safe Zone)
๐Ÿ”ธ Suggests market facing resistance here

โœ… Level 2: โ‚น25,830
Above 10-Min Candle
๐Ÿ”น Entry-level for holding CE positions
๐Ÿ”ธ Possible bullish breakout

Below 10-Min Candle
๐Ÿ”น Hold PE โ€“ but this is a Risk Zone
๐Ÿ”ธ Caution: Trend reversal may happen

โœ… Level 3: โ‚น25,670
Above 10-Min Candle
๐Ÿ”น Indicates positive market sentiment
๐Ÿ”ธ Hold CE (Calls)

Below 10-Min Candle
๐Ÿ”น Indicates negative trade view
๐Ÿ”ธ Hold PE (Puts)

โœ… Level 4: โ‚น25,578
Above Opening S1 Level (10-Min Candle)
๐Ÿ”น CE buy/hold confirmation

Below Opening R1 Level (10-Min Candle)
๐Ÿ”น PE hold confirmation
๐Ÿ”ธ Market turning weak

โœ… Level 5: โ‚น25,478
Above 10-Min Candle
๐Ÿ”น Buy/Hold CE

Below 10-Min Candle
๐Ÿ”น Buy/Hold PE
๐Ÿ”ธ Important pivot level โ€“ directional bias confirmation

โœ… Level 6: โ‚น25,290
Above 10-Min Candle
๐Ÿ”น Safe Zone to hold CE

Below 10-Min Candle
๐Ÿ”น Unwinding zone
๐Ÿ”ธ Exit CE positions, reduce longs โ€“ possible sharp fall

๐Ÿ“Š Live Market Reference
Current Market Price (CMP): โ‚น25,632.45

Below โ‚น25,670 = Negative Bias

Strategy: Until price crosses โ‚น25,670 and sustains for 10 min, avoid CE entries or keep trailing SL on PE.

๐ŸŽฏ Sample Option Strategy (Example):
If price is below โ‚น25,670:
โœ… Buy PE (Put Option)

Strike: ATM or slightly ITM (e.g., 25,600 PE)

Stop-Loss: If price moves above โ‚น25,670

Target: โ‚น25,478 / โ‚น25,290

If price is above โ‚น25,670:
โœ… Buy CE (Call Option)

Strike: ATM or slightly OTM (e.g., 25,700 CE)

Stop-Loss: If price breaks back below โ‚น25,670

Target: โ‚น25,830 / โ‚น26,018

๐Ÿ“Œ Important Notes:
This strategy is intraday based on 5-min chart levels.

Levels like โ‚น25,478 and โ‚น25,290 are key for risk management.

Penafian

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