?? Consolidation Chaos: What’s Next for NIFTY? ??
?? Good Morning.....
NIFTY Recap
Yesterday, the NIFTY INDEX opened at around 25921 ??.
● At the start, support was set at 25900 and it remained strong throughout the day ??.
● However, the resistance story was different. Initially at 25900, it shifted to 26000, then moved back to 25900 ??, creating confusion in the market.
This back-and-forth with resistance, along with strong support, led to a slow and consolidated movement within the 25900-26000 range.
Despite this, the market managed to hit a new high, just 11 points above 26000 ??.
By the end of the day, it closed at around 25940 ??.
?? Today's Outlook
?? Gap Down Expected Today
The market may open below 25900.
?? As per OPTION CHAIN DATA
?? Support Zones ??
● 1st: 25867 - 25820 ??Major Zone??
● 2nd: 25773 - 25727
● 3rd: 25677 - 25637
● 4th: 25583 - 25545
● 5th: 25473 - 25414
?? Resistance Zones ??
● 1st: 26015 - 26066 ??Major Zone??
● 2nd: 26115 - 26162
领英推荐
● 3rd: 26210 - 26264
● 4th: 26305 - 26352
?? Important Notes
● ?? Gap Down Could Present a Call Buying Opportunity for Option Traders
A gap down might offer a chance for a long call position, but patience is key.
Don’t jump in immediately—let the market confirm its day trend.
● ?? Keep an Eye on Shifting Support & Resistance Levels
If support is shifting higher, it could signal a bullish move.
If resistance is moving lower, a bearish trend may be forming.
● ?? Be Strategic, Not Hopeful in Trading
Trading on hope leads to mistakes—use real, calculated strategies to make informed decisions.
● ??Rely on Data, Not Emotion
Base your trades on actual analysis of support, resistance, volume and option chain data.
● ??Focus on Precise Calculations
Use technical indicators and price action to shape your strategy—not just gut feelings.
● ??Plan Before You Trade
Enter trades only when all your signals align and the calculations support it.
Success in trading comes from discipline and strategy, not hope....
??*ll the Best...??