NIFTY - Trading levels and plan for 18-July-2025

📊 NIFTY INTRADAY TRADING PLAN – 18-Jul-2025
Gap Opening Consideration: 100+ points from previous close

📍 KEY LEVELS TO MONITOR

• []🟥 Last Resistance: 25,340 – 25,365
  []🟥 Major Resistance: 25,430
  []🟧 Opening Resistance: 25,265
  []🟨 No Trade Zone: 25,055 – 25,127
  []🟩 Last Intraday Support Zone: 24,932 – 24,970
  []🟢 Major Support: 24,832
  

🚀 SCENARIO 1: GAP-UP OPENING (Above 25,365) 📈
(Gap-up considered as 100+ points above previous close)

1. []If Nifty opens above 25,365, it indicates bullish strength. Wait for a pullback near 25,340–25,365 for potential long entries.
   []If price sustains, expect a possible rally toward 25,430+, which is the next resistance zone.
   []Avoid chasing entries; use 15–30 min candle confirmation to avoid false breakouts.
   []Options Strategy: Focus on ATM or slightly OTM Call Options or try a Bull Call Spread for limited risk.
   

⚖️ SCENARIO 2: FLAT OPENING (Between 25,055 – 25,127) 🟠
(Flat range aligns with the No Trade Zone)

1. []This is a tricky zone with indecision between bulls and bears. Avoid initiating any trade immediately.
   []If Nifty breaks and sustains above 25,127, bullish bias may emerge toward 25,265 – 25,340.
   []On breakdown below 25,055, a short trade setup opens targeting 24,932 – 24,970 zone.
   []Wait for clear hourly close before taking action in either direction.
   
2. Options Strategy: Consider Strangle or Iron Fly strategies for range-based volatility exploitation.
   

📉 SCENARIO 3: GAP-DOWN OPENING (Below 24,932) 🚨
(Gap-down considered below previous close by 100+ points)

1. []If Nifty opens below 24,932, monitor price action near the 24,832 major support.
   []If the support fails and prices break down below 24,832, expect further downside pressure.
   []However, if price finds buying interest at 24,832 and bounces, you may consider scalping long with tight stop loss.
   []Options Strategy: Deploy ATM or ITM Put Options or Bear Put Spreads to play downside with defined risk.
   

💡 RISK MANAGEMENT & OPTIONS TRADING TIPS

• []🛑 Never risk more than 1–2% of your capital on any single trade.
  []⏳ Avoid entering trades during the first 15–30 minutes; let volatility settle.
  []📉 Use Hourly candle close to determine validity of breakouts/breakdowns.
  []⚖️ Prefer spread strategies like Bull Call or Bear Put to cap your risk.
  
• 🧠 Avoid revenge trading after losses—stick to your trading plan.
  

📌 SUMMARY & CONCLUSION

• []Bullish View: Above 25,365, look for long opportunities up to 25,430 with stop-loss below 25,340.
  []Range-Bound View: Between 25,055–25,127 (No Trade Zone) – wait for breakout/breakdown confirmation.
  []Bearish View: Below 24,932 – focus on support at 24,832; breach can accelerate fall.
  []Action Plan: Wait for price behavior near key levels before committing capital.
  

⚠️ DISCLAIMER: I am not a SEBI-registered analyst. This analysis is for educational and informational purposes only. Please consult your financial advisor before taking any trade or investment decisions.