Ideal Advisories

Tag: Nifty Levels

  • Nifty Analysis – 24.Apr.2025

    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.

  • Nifty Analysis – 21.Apr.2025

    Nifty Spot closes at 24,125.55, by adding 273.90 points to its previous close. Nifty had gap up open at 23949.15, then had upward rally. Nifty closed in positive for 5th consecutive session.

    Nifty Current Month (April) Future Open Interest decreased by 5,71,800. However May month Future Open Interest increased by 7,92,525. June Month Future Open Interest increased by 41,400. Which indicates that April month future positions are rolled over to May month. Fresh Long position being seen built in May and June Month Future contracts.

    April, May, June Month contracts had Highest High and Highest Close. If in the next day that is on 22.Apr.2025, if Nifty trades in positive, then still more upside can be expected.

    Strategy of Nifty Trading on 22.Apr.2025

    Trade Long in Nifty-Fut and Nifty Call Options if Nifty trades in positive. If Nifty trades in Negative then avoid trading.

  • Nifty Analysis – 17.Apr.2025

    Nifty Spot closes at 23851.65, by adding 414.45 points to its previous close. Though Nifty had slightly lower open than its previous close of 23437.20, it managed to trade in positive and then had huge upward rally. Nifty managed to close in positive for 4th consecutive session.

    Nifty Current Month (April) Future Open Interest decreased by 4,83,600. However May month Future Open Interest increased by 6,18,375. June Month Future Open Interest increased by 1,55,025. Which indicates that April month future positions are rolled over to May month. Fresh Long position being seen built in May and June Month Future contracts.

    June Month contract had Highest High and Highest Close. If in the next day that is on 21.Apr.2025, if Nifty trades in positive, then still more upside can be expected.

    Strategy of Nifty Trading on 21.Apr.2025

    Trade Long in Nifty-Fut and Nifty Call Options if Nifty trades in positive. If Nifty trades in Negative then avoid trading.