NIFTY : Intraday Trading levels and Plan for 07-Mar-2025

📌 Key Levels to Watch:
🔴 Resistance Levels: 22,635 | 22,819
🟢 Support Levels: 22,467-22,496 | 22,378 | 22,258

📝 Market Context:
Nifty has shown strong momentum in recent sessions, currently trading near 22,529. The profit booking zone lies around 22,635, while a breakout above this could lead to 22,819. On the downside, key support exists at 22,467-22,496, and a further breakdown may drag prices toward 22,378-22,258.

📈 Scenario 1: Gap-Up Opening (100+ Points Above 22,630) 🚀

If Nifty opens above 22,630, it enters the profit booking zone, making further upside dependent on momentum. A clean breakout above 22,819 will signal strength.

1. Buy above 22,635 🔼
   🎯 Target: 22,750 – 22,819
   🛑 Stop Loss: 22,550
   📝 Plan: If Nifty sustains above 22,635, it can attempt 22,819. Wait for a proper 15-minute candle close above 22,635 before entering. Profit booking is advised near resistance levels.
   
   
2. Rejection at 22,635 ❌
   🔽 Sell below 22,630
   🎯 Target: 22,500 – 22,467
   🛑 Stop Loss: 22,680
   📝 Plan: If Nifty struggles at 22,635 and reverses, a short trade can be considered toward 22,467. Volume confirmation is necessary before entering shorts.
   

📉 Scenario 2: Flat Opening (22,450 – 22,550) 📊

A flat opening near 22,450 – 22,550 suggests indecision. The 22,467-22,496 range is a crucial support area.

1. Buy above 22,550 🔼
   🎯 Target: 22,635 – 22,700
   🛑 Stop Loss: 22,500
   📝 Plan: If Nifty holds above 22,550 and shows strength, an upside move toward 22,635 is likely. Look for bullish price action confirmation before entering.
   
   
2. Sell below 22,467 🔽
   🎯 Target: 22,378 – 22,350
   🛑 Stop Loss: 22,525
   📝 Plan: If Nifty breaks below 22,467 and struggles to reclaim it, selling pressure may drag it toward 22,378. Wait for a sustained breakdown before taking short positions.
   

📉 Scenario 3: Gap-Down Opening (Below 22,429) ⚠️

A gap-down below 22,429 signals weakness, with support at 22,378 and 22,258.

1. Buy near 22,258 – 22,300 🟢
   🎯 Target: 22,440
   🛑 Stop Loss: 22,220
   📝 Plan: If Nifty stabilizes at 22,258-22,300, a bounce toward 22,440 is possible. Ideal for risk-managed long trades.
   
   
2. Sell below 22,258 🔽
   🎯 Target: 22,150 – 22,100
   🛑 Stop Loss: 22,320
   📝 Plan: If selling pressure persists below 22,258, a further slide is likely. Avoid panic selling; wait for confirmation.
   

💡 Risk Management Tips for Options Traders 🎯

✅ Theta Decay Awareness: Avoid buying OTM options late in the day.
✅ Stop-Loss Discipline: Always use SL based on technical structure.
✅ Position Sizing: Risk only 2% of capital per trade.
✅ Avoid Overtrading: Trade only high-probability setups.

📌 Summary & Conclusion 📌

🔹 Bullish above 22,635 for 22,819.
🔹 Bearish below 22,258 for 22,150.
🔹 Flat open needs confirmation for direction.
🔹 Key support: 22,467-22,496 | 22,258.
🔹 Key resistance: 22,635 | 22,819.

📢 Trade with discipline, follow the plan, and manage risk effectively!

⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Do your own research or consult a financial advisor before trading. 📊📉📈