📊 Nifty 50 Intraday Analysis – 2 June 2025 (Monday)
Here's a comprehensive intraday analysis for 2nd June 2025 based on derivatives data, price action, and option chain positioning. Use this analysis as a directional guide with your own price action confirmation.
📈 Market Trend Summary
- Current Price: 24,736.65
- Short-Term Trend: Sideways to Mild Bearish
- Structure: Price is range-bound between 24,600 and 25,000; lower highs forming, indicating weakening momentum.
- RSI: Bearish divergence on hourly; trending below 50.
💼 Participant Data (30 May 2025)
- FII: Medium Bearish on Index Futures, Neutral on Options
- Pro Traders: Mild Bullish in Index Options, bearish bias elsewhere
- Retail Clients: Strong Bearish on Call Options, Bullish on Put Options (contrarian)
- DII: Neutral to Mild Bullish positioning
Inference: Mixed signals with overall caution. FIIs reducing long exposure. Retail overly bullish — contrarian signal.
🔍 Option Chain Analysis (Expiry: 5 June 2025)
- Major Resistance (Call Writers Active): 24,800 – 25,000 (Highest OI at 24,800 CE and 25,000 CE)
- Major Support (Put Writers Active): 24,600 – 24,500 (Heavy writing seen at 24,600 PE and 24,500 PE)
- Max Pain: 24,750
Inference: Market pinned near max pain. Strong walls at both 24,800 (CE) and 24,600 (PE) make breakout difficult without volume and news catalysts.
📌 Key Intraday Levels
| Zone | Level |
|---|---|
| 🔼 Resistance 1 (Weekly High) | 25,060 – 25,130 |
| 🔼 Resistance 2 (PDH) | 24,900 |
| 🔽 Support 1 (PDL / Demand Zone) | 24,600 |
| 🔽 Strong Support (Swing Low) | 24,226 |
📉 Strategy for 2nd June 2025
- Bias: Neutral to Bearish
- Trade Setup:
- Sell on rejection near 24,800–24,900 (CE preferred)
- Buy near 24,600 only on strong bullish engulfing with volume
- Breakout Watch: Wait for a clean breakout above 25,000 or breakdown below 24,600 with confirmation.
📌 Conclusion
With elections and macro volatility in play, markets are in a coiled structure. Let the price show commitment before acting. Option writers are clearly defining the range. Patience will be key.
Disclaimer: This analysis is for educational purposes only. Please do your own research before making any trading decisions.
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