Nifty Intraday Outlook !
---> The chart shows:
- NIFTY bounced from the lower demand zone near 23,937–24,002.
- Price reclaimed 24,100 and 24,160.
- Now it is consolidating near 24,200–24,220.
- Immediate resistance is visible near 24,258–24,290.
- Buyers are defending dips, but upside breakout is still pending.
---> Current structure:
Demand bounce → recovery consolidation → resistance pending
This means NIFTY is not weak right now, but CE entry should come only above resistance.
______________________________
---> Demand Zones
Immediate support: 24,161–24,150
This is the nearest intraday support. If price holds this zone, recovery remains valid.
Next support: 24,100–24,095
Below this, selling pressure can increase.
Major demand zone: 24,002–23,937
This is the lower demand zone marked on the chart. If NIFTY breaks below 24,100, this zone can again become active.
______________________________
---> Supply Zones
Immediate resistance: 24,258–24,290
This is the key breakout zone.
Target 1 / next resistance: 24,319
Target 2: 24,414
Target 3: 24,473
Until NIFTY sustains above 24,258–24,290, the market may remain range-bound.
______________________________
Intraday Trade Plan — 5 Min to 15 Min
---> CE Plan — Breakout Trade
Buy CE above: 24,260–24,290 with a strong 5-min/15-min candle close.
Targets:
T1: 24,319
T2: 24,414
T3: 24,473
SL: Below breakout candle low or below 24,200
Reason: Above 24,290, NIFTY clears the immediate resistance zone and can continue the recovery toward higher targets.
______________________________
---> CE Plan — Buy on Dip
Buy CE near: 24,160–24,150 only if bullish rejection appears.
Targets:
T1: 24,200
T2: 24,260
T3: 24,290
SL: Below rejection candle low or below 24,130
Reason: This is the nearest support zone. If buyers defend it, price can again attempt breakout.
______________________________
---> PE Plan — Breakdown Trade
Buy PE below: 24,150, safer below 24,100
Targets:
T1: 24,100
T2: 24,000
T3: 23,940
SL: Above breakdown candle high or above 24,190
Reason: Below 24,150/24,100, the recovery structure weakens and sellers can push price back toward the demand zone.
______________________________
Educational Purpose Only
---> The chart shows:
- NIFTY bounced from the lower demand zone near 23,937–24,002.
- Price reclaimed 24,100 and 24,160.
- Now it is consolidating near 24,200–24,220.
- Immediate resistance is visible near 24,258–24,290.
- Buyers are defending dips, but upside breakout is still pending.
---> Current structure:
Demand bounce → recovery consolidation → resistance pending
This means NIFTY is not weak right now, but CE entry should come only above resistance.
______________________________
---> Demand Zones
Immediate support: 24,161–24,150
This is the nearest intraday support. If price holds this zone, recovery remains valid.
Next support: 24,100–24,095
Below this, selling pressure can increase.
Major demand zone: 24,002–23,937
This is the lower demand zone marked on the chart. If NIFTY breaks below 24,100, this zone can again become active.
______________________________
---> Supply Zones
Immediate resistance: 24,258–24,290
This is the key breakout zone.
Target 1 / next resistance: 24,319
Target 2: 24,414
Target 3: 24,473
Until NIFTY sustains above 24,258–24,290, the market may remain range-bound.
______________________________
Intraday Trade Plan — 5 Min to 15 Min
---> CE Plan — Breakout Trade
Buy CE above: 24,260–24,290 with a strong 5-min/15-min candle close.
Targets:
T1: 24,319
T2: 24,414
T3: 24,473
SL: Below breakout candle low or below 24,200
Reason: Above 24,290, NIFTY clears the immediate resistance zone and can continue the recovery toward higher targets.
______________________________
---> CE Plan — Buy on Dip
Buy CE near: 24,160–24,150 only if bullish rejection appears.
Targets:
T1: 24,200
T2: 24,260
T3: 24,290
SL: Below rejection candle low or below 24,130
Reason: This is the nearest support zone. If buyers defend it, price can again attempt breakout.
______________________________
---> PE Plan — Breakdown Trade
Buy PE below: 24,150, safer below 24,100
Targets:
T1: 24,100
T2: 24,000
T3: 23,940
SL: Above breakdown candle high or above 24,190
Reason: Below 24,150/24,100, the recovery structure weakens and sellers can push price back toward the demand zone.
______________________________
Educational Purpose Only
⚠️Struggling with entry-exits, and risk management?
📈 Join Our Trading Community
Contact ⬇️
📱 wa.me/919322295961
⭐ Trading course
⭐ Indicators
⭐ F&O Trade ideas
Our New Telegram channel⬇️
📱 telegram.me/investyourasset1
📈 Join Our Trading Community
Contact ⬇️
📱 wa.me/919322295961
⭐ Trading course
⭐ Indicators
⭐ F&O Trade ideas
Our New Telegram channel⬇️
📱 telegram.me/investyourasset1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚠️Struggling with entry-exits, and risk management?
📈 Join Our Trading Community
Contact ⬇️
📱 wa.me/919322295961
⭐ Trading course
⭐ Indicators
⭐ F&O Trade ideas
Our New Telegram channel⬇️
📱 telegram.me/investyourasset1
📈 Join Our Trading Community
Contact ⬇️
📱 wa.me/919322295961
⭐ Trading course
⭐ Indicators
⭐ F&O Trade ideas
Our New Telegram channel⬇️
📱 telegram.me/investyourasset1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.