๐ NIFTY INTRADAY TRADING PLAN โ 07-Jul-2025
๐ Chart Timeframe: 15-Min | ๐งญ Approach: Zone-Based Price Action | ๐ฏ Focus: Scalping to Positional Intraday
๐ Important Levels:
๐ธ Opening Support Zone: 25,391 โ 25,353
๐น Opening Resistance Zone: 25,491
๐ธ Last Intraday Resistance: 25,581
๐บ Major Resistance for Consolidation: 25,690 โ 25,736
๐ป Last Intraday Support: 25,222
๐ฉ 1. GAP-UP Opening (100+ points above 25,491)
โโโIf Nifty opens near or above 25,600, it will enter the last Intraday Resistance Zone and approach the Consolidation Resistance Zone (25,690โ25,736).
๐จ 2. Flat Opening (between 25,417 โ 25,491)
โโโThis is the Opening Resistance Bandโexpect sideways price behavior in the first 15โ30 mins.
๐ฅ 3. GAP-DOWN Opening (100+ points below 25,353)
โโโThis brings price closer to Opening Support and possibly into Breakdown Territory.
๐ก Risk Management Tips for Options Traders:
โ Use ATM or slightly ITM options for directional trades; avoid deep OTM in the morning.
โ Avoid trading aggressively in the first 15 minsโallow price to settle.
โ For rangebound markets, prefer option selling strategies like Iron Condor or Strangle.
โ Set a maximum loss limit for the day (1โ2% of capital) and stick to it.
โ Avoid emotional averagingโfollow the plan or stay out.
๐ Summary & Conclusion:
๐ Above 25,581, Nifty could push into a high-consolidation resistance near 25,736
๐ Failure to sustain above 25,491 may result in a pullback to the support zone
๐ Break below 25,353 brings the 25,222 zone into play
๐ Wait for the first 15โ30 mins to reduce fakeoutsโzone-based trading will offer best R:R setups.
โ ๏ธ Disclaimer:
I am not a SEBI-registered analyst. This plan is shared purely for educational purposes. Please consult a registered financial advisor or conduct your own analysis before making any trades.
๐ Chart Timeframe: 15-Min | ๐งญ Approach: Zone-Based Price Action | ๐ฏ Focus: Scalping to Positional Intraday
๐ Important Levels:
๐ธ Opening Support Zone: 25,391 โ 25,353
๐น Opening Resistance Zone: 25,491
๐ธ Last Intraday Resistance: 25,581
๐บ Major Resistance for Consolidation: 25,690 โ 25,736
๐ป Last Intraday Support: 25,222
๐ฉ 1. GAP-UP Opening (100+ points above 25,491)
โโโIf Nifty opens near or above 25,600, it will enter the last Intraday Resistance Zone and approach the Consolidation Resistance Zone (25,690โ25,736).
- [] ๐ Action: Wait for a candle close above 25,581, then buy on strength toward 25,690โ25,736.
[] ๐ Partial Booking: Consider profit booking in the upper consolidation zone.
[] ๐ Rejection Trade: If strong reversal appears near 25,736, aggressive traders may short for a pullback to 25,491 with tight SL above the highs.
[] ๐ Stop Loss: Below 15-min candle low (for long) or above rejection high (for short).
๐จ 2. Flat Opening (between 25,417 โ 25,491)
โโโThis is the Opening Resistance Bandโexpect sideways price behavior in the first 15โ30 mins.
- [] ๐ Wait for price to either break above 25,491 or fall below 25,417 with strength.
[] ๐ Long Setup: If price crosses 25,491, ride it toward 25,581. Book partial at this resistance.
[] ๐ Short Setup: Breakdown below 25,417 opens up support test at 25,391 โ 25,353.
[] ๐ง Tip: Avoid trades within the orange range (25,417โ25,491) unless breakout is clear.
๐ฅ 3. GAP-DOWN Opening (100+ points below 25,353)
โโโThis brings price closer to Opening Support and possibly into Breakdown Territory.
- [] ๐ Breakdown Trade: If price opens below 25,353 and fails to recover in first 15โ30 mins, consider shorting toward 25,222 (Last Support).
[] ๐ Reversal Trade: If price rebounds sharply and crosses back above 25,417, initiate reversal long with targets at 25,491.
[] ๐ SL Management: Use 15-min candle close basis โ especially near support/resistance edges.
[] โ ๏ธ Avoid shorts near 25,222 unless clean breakdown occurs.
๐ก Risk Management Tips for Options Traders:
โ Use ATM or slightly ITM options for directional trades; avoid deep OTM in the morning.
โ Avoid trading aggressively in the first 15 minsโallow price to settle.
โ For rangebound markets, prefer option selling strategies like Iron Condor or Strangle.
โ Set a maximum loss limit for the day (1โ2% of capital) and stick to it.
โ Avoid emotional averagingโfollow the plan or stay out.
๐ Summary & Conclusion:
๐ Above 25,581, Nifty could push into a high-consolidation resistance near 25,736
๐ Failure to sustain above 25,491 may result in a pullback to the support zone
๐ Break below 25,353 brings the 25,222 zone into play
๐ Wait for the first 15โ30 mins to reduce fakeoutsโzone-based trading will offer best R:R setups.
โ ๏ธ Disclaimer:
I am not a SEBI-registered analyst. This plan is shared purely for educational purposes. Please consult a registered financial advisor or conduct your own analysis before making any trades.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.