Nifty Spot Closed at 24246.70, less than 82.25 points from its previous close. Nifty had a flat open, failed to cross yesterday’s high. Nifty spot neither crossed the previous day’s high nor previous day’s low. Nifty spot formed a Inside Candle.
For April Month Nifty-Fut, today is the expiry day. Apr Month Nifty-Fut crossed yesterday’s high, but closed below yesterday’s close.
May month Nifty-Fut also crossed yesterday’s high, formed highest high of the contract and closed in negative by adding 24,21,525 open interest. Short Build is seen.
June month Nifty-Fut also crossed yesterday’s high, formed highest high of the contract and closed in negative by adding 40,725 open interest. Short Build is seen.
Nifty Trading Strategy for 25.Apr.2025
At the Higher Level of the contract, Short Building is seen. Trade Nifty Short if it trades in Negative.