NIFTY : Trading Levels and Plan for 02-JUN-2025

📘 NIFTY 50 – TRADING PLAN for 02-Jun-2025
🕒 Timeframe: 15-minute Chart Structure
📍 Gap Opening Threshold: 100+ points from previous close of 24,736.65

1. 🔼 GAP-UP OPENING (Above 24,875):
   If Nifty opens with a gap-up above the upper end of the No Trade Zone (24,722 – 24,788), it indicates early strength and a potential breakout. However, it will face immediate resistance near the psychological mark of 24,975, which is the Last Intraday Resistance.
   
   ✅ Plan of Action:
   • If the first 15–30 minutes show strength above 24,875 with bullish candles and follow-through volume, look to enter long above 24,900–24,975.
   • Targets:
    → First: 24,975
    → Extended: 25,278 – 25,338 (Profit Booking Zone)
   • Stop-loss: Below 15-min support candle or under 24,788 for confirmation-based trades.
   • Avoid entering long trades directly near 24,975 unless a pullback-retest happens and sustains above.
   
   🧠 Educational Tip: Don’t chase gap-ups blindly. Wait for confirmation like bullish engulfing or retest near breakout zone before taking the trade.
   
      
   
   
2. ⚖️ FLAT OPENING (Between 24,722 – 24,788):
   This is the No Trade Zone, meaning price is in indecision and trapped between key levels. Market may consolidate or build a base before directional movement.
   
   ✅ Plan of Action:
   • Avoid trading the first 15–30 minutes. Let the price break out of this zone decisively.
   • Break Above 24,788: Go long with SL below 24,722, targets: 24,975 / 25,278
   • Break Below 24,722: Go short with SL above 24,788, targets: 24,593 / 24,474
   • Watch for fakeouts – ensure breakout is supported by strong candle close and not just a wick.
   
   🧠 Educational Tip: No Trade Zones are created for a reason – they usually trap impatient traders. Let the market choose direction and join the trend.
   
      
   
   
3. 🔽 GAP-DOWN OPENING (Below 24,593):
   A gap-down below Opening Support (24,593) suggests early weakness. Nifty may try to test deeper support levels near 24,474 – 24,451 (Last Intraday Support) and further toward 24,294 – 24,382 (Important Buyer’s Support).
   
   ✅ Plan of Action:
   • Watch the 24,474 – 24,451 zone for signs of reversal. If a bullish reversal candle forms, a long entry can be attempted targeting:
    → 24,593
    → Extended: 24,722
   • If 24,451 breaks decisively, expect momentum to carry prices toward 24,294 – 24,382.
   • Short Trades: Can be taken only if price rejects bounce zones with bearish structure (e.g., bearish engulfing or retest failure).
   
   🧠 Educational Tip: Don’t buy into weakness without confirmation. Bearish momentum tends to accelerate if support zones break early in the day.
   
      
   
   🛡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS:
   
   ✅ 1. Avoid buying far OTM options after a gap opening – stick to ATM or near ATM strikes for better delta.
   ✅ 2. Use spreads (Bull Call/Bear Put) when expecting directional move with defined risk.
   ✅ 3. Never trade without a stop-loss; even best setups fail in volatile markets.
   ✅ 4. Wait for the 15–30 minute structure to develop before taking directional trades.
   ✅ 5. Don’t average losers – instead, analyze the trade thesis and exit quickly if invalidated.
   
   📊 SUMMARY & CONCLUSION:
   
   • 🟢 Bullish Above: 24,788, Targets: 24,975 / 25,278 – 25,338
   • 🔴 Bearish Below: 24,722, Targets: 24,593 / 24,451 / 24,294
   • 🟧 No Trade Zone: 24,722 – 24,788 → Avoid initial trades, wait for breakout
   • 🟩 Support Levels: 24,593 / 24,474 / 24,294
   • 🟥 Resistance Levels: 24,975 / 25,278 / 25,338
   • 📌 Key Rule: Let the structure confirm the bias – don't trade on emotions or pre-conceived notions.
   
   ✨ Final Note: Trade with discipline. Best trades don’t come every day — but risk-managed ones preserve your capital always.
   
   📢 DISCLAIMER: I am not a SEBI-registered analyst. The trading plan shared above is strictly for educational purposes. Please consult with a SEBI-registered financial advisor before making any trading or investment decisions.