🔍 NIFTY Intraday Analysis – 18 June 2025
📌 SPOT Chart Analysis (NIFTY)
- Structure: BOS (Break of Structure) was seen on 16 June after a sharp bounce. A lower high (LH) formed near 24970.
- Current Price: 24,859 (as of close on 17 June)
- Resistance Zone:
- PDH zone: 24,950 – 25,000
- Strong supply at 25,100 (marked as Strong High)
- Support Zone:
- 24,750 – 24,780 (Green demand block)
- 24,600 – 24,650 (Major swing support)
📈 Spot Trading Plan:
- Buy CE: If price sustains above 24,950 with volume and breaks PDH, target 25,050–25,100
- Buy PE: If price breaks below 24,750 and fails to recover, target 24,600–24,550
📌 Futures Chart Analysis (NIFTY1!)
- Value Areas from Market Profile (17 June):
- POC: 24,832.5
- VAH: 24,895.5
- VAL: 24,811.5
- Observation: Market traded in a narrow range, forming a balanced profile. Value area compressed; initiative sellers rejected price above 24,900.
📈 Futures Trading Plan:
- Buy CE: If opens above 24,895 and sustains above VAH, target 24,969 (previous rejection level) and 25,020
- Buy PE: If breaks 24,810 and sustains below VAL, target 24,700 and 24,600
💼 Participant Data (FII/DII/Client) - 17 June
- FII:
- Index Futures: Mild Bearish overall, but BankNifty shows medium bullish positions
- Put Options: Writing seen (1.77 lakh net), suggesting downside protection is being sold
- Client: Long bias continues in both Futures and Options
- DII: Strong bullish stance through aggressive Put writing
🧠 Interpretation: Mixed to mildly bullish undertone. If Nifty holds above POC and VAH, fresh long positions could develop. FII mildly hesitant, but DII confidence supports upside.
🔑 Key Levels for 18 June
| Type | Level | Action |
|---|---|---|
| Spot Resistance | 24,950 – 25,000 | Watch for CE breakout above |
| Spot Support | 24,750 – 24,780 | Watch for PE entry on breakdown |
| Futures POC | 24,832.5 | Magnet level for intraday moves |
| Futures VAH | 24,895.5 | Resistance; breakout gives CE trade |
| Futures VAL | 24,811.5 | Breakdown may trigger PE trade |
📌 Final Thoughts
Nifty is in a compression phase post strong recovery. Price acceptance above 24,900 can bring bullish continuation; rejection can trigger retest of 24,700–24,600 support. Traders should monitor volume and price action at value areas closely.
📢 Disclaimer
This blog is for educational purposes only. Please trade with strict risk management and consult a SEBI-registered advisor before taking any positions.
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