Nifty 50 Index
Long

NIFTY 50 — INTRADAY PLAN | 23 JUNE 2026

380
📊 Boost Target 25 for Next Post.
⏰ 15 Min Chart | 🏛 NSE | 📍 Ref Price : 24,086.85
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💬 "Plan the trade. Trade the plan. Protect the capital."

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🗝 KEY LEVELS
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🔴 Upper Resistance ➤ 24,366
🔴 Last Intraday Resistance➤ 24,288
🔴 Opening Resistance ➤ 24,217
🟡 No Trade Zone (NTZ) ➤ 24,067 – 24,127
🟢 Last Intraday Support ➤ 23,958
🟢 Buyer's Support Zone ➤ 23,840 – 23,868

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🟢 GAP UP — 100+ POINTS | Open Above 24,186
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Price opens near or above Opening Resistance (24,217).
First instinct will be to BUY — resist it. Gap ups into
resistance are fade candidates until proven otherwise.

✅ BULLISH — If 15-min candle CLOSES above 24,217
◉ Entry : Above breakout candle high
◉ Target 1 : 24,288 ← Book 50–60% here
◉ Target 2 : 24,366 ← Trail SL aggressively
◉ Stop Loss : 24,150
◉ Options : Buy ATM CE

✅ BEARISH — Rejection candle at 24,217–24,288
◉ Entry : Below rejection candle low
◉ Target 1 : 24,127 (NTZ Upper Band)
◉ Target 2 : 24,067 (NTZ Lower Band)
◉ Stop Loss : 24,240
◉ Options : Buy ATM PE

⚡ Key Reminder : Wait for the full first 15-min candle.
Never buy blindly into resistance on a gap up open.




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🟡 FLAT OPEN — ±50 to 100 Points | 23,986–24,186
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Price opens inside or near the NTZ (24,067–24,127).
This is the most tradeable scenario — levels are intact
and price action is clean. The NTZ resolves the direction.

⛔ INSIDE NTZ → NO TRADE. Watch. Set alerts. Be patient.

✅ BULLISH — 15-min close above 24,127
◉ Entry : Above breakout candle high
◉ Target 1 : 24,217 ← Book partial here
◉ Target 2 : 24,288
◉ Stop Loss : 24,085
◉ Options : Buy ATM CE | Bull Call Spread

✅ BEARISH — 15-min close below 24,067
◉ Entry : Below breakdown candle low
◉ Target 1 : 23,958 (Last Intraday Support)
◉ Target 2 : 23,868 (Buyer's Zone)
◉ Stop Loss : 24,110
◉ Options : Buy ATM PE

✅ BOUNCE SETUP — If price dips to 23,958
◉ Wait for hammer / engulfing candle + volume spike
◉ Entry : Above reversal candle high
◉ Target : 24,067 → 24,127 | SL : Below 23,930




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🔴 GAP DOWN — 100+ POINTS | Open Below 23,986
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Price opens near or below Last Intraday Support (23,958).
Golden Rule : Do not panic-sell at the open. Do not
buy without confirmation. Let the first candle form first.

✅ BOUNCE — If 23,958 holds (2 bullish candles)
◉ Entry : Above 2nd confirmation candle high
◉ Target 1 : 24,067
◉ Target 2 : 24,127
◉ Stop Loss : Below 23,925 (strict — no averaging)
◉ Options : Buy ATM CE

✅ BREAKDOWN — If 23,958 fails (close below 23,940)
◉ Entry : Below breakdown candle low
◉ Target 1 : 23,868 (Buyer's Zone)
◉ Target 2 : 23,840
◉ Stop Loss : 23,975
◉ Options : Buy ATM PE

✅ IF OPENS AT BUYER'S ZONE 23,840–23,868
◉ High-value demand zone — expect a bounce attempt
◉ Wait for hammer / doji + volume confirmation
◉ Entry : Above confirmation candle high
◉ Target : 23,958 → 24,067 | SL : Below 23,815
◉ ⚠ If zone breaks → next support 23,700–23,628

⚡ Key Reminder : The lower the open, the higher the
bounce probability — IF a key zone is holding. Let
price show you the base before entering longs.

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🛡 OPTIONS RISK MANAGEMENT — QUICK RULES
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◉ Risk only 1–2% of capital per trade. No exceptions.
◉ Avoid far OTM options — cheap premium = cheap reason.
◉ Never trade the first 5 minutes (9:15–9:20 AM IST).
◉ Book 50% at Target 1. Trail stop on the rest.
◉ Set a daily max loss limit — hit it, stop for the day.
◉ Never average down on a losing options position.
◉ On gap days, cut your position size by 50%.
◉ If your setup didn't trigger → there is NO trade today.

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📝 SUMMARY
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🟢 Bullish above 24,127 → 24,217 → 24,288 → 24,366
🔴 Bearish below 24,067 → 23,958 → 23,840–23,868
⛔ Inside 24,067–24,127 → No Trade | Wait for breakout

The map is drawn. The levels are clear. Your only job
is to wait for the market to confirm direction — then
execute with discipline, not emotion. 🎯

🧠 "The best trade you ever make is the bad one you avoided."

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⚠ DISCLAIMER
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For educational purposes only. Not financial advice.
📢 I am NOT a SEBI Registered Research Analyst.
No buy/sell recommendation is intended or implied.
Please consult your SEBI-registered advisor before
making any trading or investment decisions.
Trade at your own risk. Protect your capital. 🙏

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