NIFTY : Trading levels and Plan for 28-May-2025

📘 NIFTY TRADING PLAN – 28 MAY 2025
🕰 Based on 15-min price structure & support/resistance zones
📍 Gap opening considered when price opens 100+ points above or below the previous close (24,837)

1. 🔼 GAP-UP Opening (Above 24,937 – 100+ points):
   
   If Nifty opens above 24,937+, it enters the zone between Last Intraday Resistance (25,000) and moves toward the Profit Booking Zone (25,285 – 25,347).
   
   ✅ Plan of Action:
   • Avoid aggressive entries in the first 15–30 minutes. Let price action settle and confirm sustainability.
   • A 15-min candle close above 25,165 with strong volume may signal a breakout toward the Profit Booking Zone at 25,285–25,347.
   • Pullbacks near 25,000–25,165 acting as a new support can offer good CE entries for continuation.
   • However, if Nifty shows reversal signs (bearish engulfing or shooting star) near the Profit Booking Zone, traders may consider light PE positions for a possible retracement.
   
   🧠 Educational Insight: Gap-ups into major resistance should never be chased blindly. Let the market confirm whether bulls have the strength to sustain or not.
   
   
2. ⚖️ FLAT Opening (Between 24,701 – 24,937):
   
   This zone is where Nifty opens near the Opening Resistance (24,837–24,861) or Opening Support Zone (24,666–24,701).
   
   ✅ Plan of Action:
   • Mark this range as the NO TRADE ZONE initially. Wait for a breakout above 24,937 or breakdown below 24,666 before taking directional trades.
   • If Nifty sustains above 24,861 with strong green candles, you may initiate CE positions with targets of 25,000 – 25,165.
   • A breakdown below 24,666 with rejection at retest opens PE opportunities toward 24,594 and lower.
   • If the market stays sideways between 24,701–24,861, stay on the sidelines. Avoid theta decay traps in options.
   
   🧠 Educational Insight: In sideways zones, wait for price confirmation instead of anticipation. Let price break levels and retest for high-probability trades.
   
   
3. 🔽 GAP-DOWN Opening (Below 24,737 – 100+ points):
   
   In this case, Nifty opens below Opening Support Zone (24,666–24,701) or even the Last Intraday Support (24,594).
   
   ✅ Plan of Action:
   • If price finds support near 24,594 and shows bullish reversal signs (hammer, bullish engulfing), a bounce toward 24,701+ is possible.
   • Breakdown and a 15-min close below 24,594 will likely take Nifty toward the Buyer’s Important Support Zone (24,326 – 24,391).
   • Use PE options if 24,594 breaks decisively and price fails to reclaim it on a retest.
   • For aggressive traders, any retest of 24,666–24,701 acting as resistance can provide a PE entry with tight SL.
   
   🧠 Educational Insight: Gap-downs into support zones often trap sellers if support holds. Watch for exhaustion or follow-through before deciding direction.
   
   🛡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS:
   📌 Use 15-min candle close SL to avoid emotional exits.
   📌 Avoid overtrading. Stick to 1–2 high-quality trades only.
   📌 Avoid buying options right after the open – let premiums stabilize.
   📌 Always calculate Risk:Reward Ratio before placing a trade.
   📌 Don’t trade inside the noise zone (24,701–24,861); wait for levels to be breached.
   📌 Use spreads (Bull Call / Bear Put) if volatility is high.
   
   📊 SUMMARY & CONCLUSION:
   • 🔼 Bullish Breakout Zone: Above 25,165 → Target: 25,285 / 25,347
   • 🔽 Bearish Breakdown Zone: Below 24,594 → Target: 24,391 / 24,326
   • 🟧 No Trade Zone: 24,701 – 24,861
   • 🟩 Opening Support Zone: 24,666 – 24,701
   • 🟥 Profit Booking Resistance Zone: 25,285 – 25,347
   
   📌 Wait for price structure to confirm direction. Use patience and discipline – not emotions. Great setups reward prepared traders.
   
   📢 DISCLAIMER: I am not a SEBI-registered analyst. This trading plan is purely for educational purposes. Please consult your financial advisor before taking any investment decisions. Trade wisely and protect your capital. 💼📈📉