📊 Nifty 50 Intraday Market Analysis – 2nd June 2025
Timeframe: 15 Min | Expiry: 5th June 2025 | Focus: Price Action, Smart Money Concepts (SMC), and Option Chain Data
🧠 Price Action Structure Overview
- Equal Highs (EQH) seen near 24,950–25,000
- Break of Structure (BOS) confirmed below 24,750
- CHoCH (Change of Character) below 24,700
- Weak Low tested around 24,500–24,520 zone with a bounce
🔍 Market shows a shift to bearish tone after breaking structure and CHoCH. Price currently reacting to weak low demand zone.
📈 Key Market Levels
| Level Type | Value |
|---|---|
| Previous Day High (PDH) | ~24,880 |
| Previous Day Low (PDL) | ~24,680 |
| Current Price | 24,585 |
| Resistance Zones | 24,750–24,880 |
| Demand Zone | 24,500–24,520 |
📊 Option Chain Highlights (05 June Expiry)
- Highest Call OI: 25,000 CE → Strong Resistance
- Highest Put OI: 24,500 PE → Crucial Support
- Max Pain: 24,650
- Put-Call Ratio (PCR): 0.56 → Bearish Bias
- India VIX: 16.7 (+0.66) → Slight rise in volatility
🔧 Interpretation: Market positioning shows heavy resistance above 24,750. Weak PCR and rising IV hint at possible downside or volatility spike.
📌 Trade Setups – Intraday Opportunities
1. 🟢 Buy Setup (Reversal Trade)
- Entry: Near 24,520–24,540 if strong bullish candle forms
- Stop Loss: Below 24,470 (swing low)
- Target 1: 24,650 (Max Pain)
- Target 2: 24,700–24,750 (gap fill + rejection area)
2. 🔴 Sell Setup (Pullback/Trend Trade)
- Entry: Near 24,750–24,780 (PDH and supply zone)
- Stop Loss: Above 24,810
- Target 1: 24,650 (max pain)
- Target 2: 24,570 (current swing base)
📌 Market Sentiment Summary
- 🔻 Structure: Bearish Bias
- 🧠 Smart Money: Supply zones respected, liquidity taken out
- 📉 Option Chain: Bears in control below 24,650
- ⚠️ Risk: High IV + low PCR = expect volatility and fakeouts
📢 Pro Tip: Avoid buying calls near supply zones. Wait for confirmed structure break and strong volume entry.
📌 Conclusion
With price action showing bearish CHoCH and BOS, and the option chain supporting downside risk, trades should favor bearish setups unless a strong demand bounce is seen around 24,500. Volatility is rising – stay nimble and manage risk tightly.
📆 Next Update:
Will post live chart + option flow data after the 10:00 AM price action and opening range breakout. Stay tuned for scalp levels and live structure!
Made by: Nifty Price Action Trader
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