🧠 Nifty 50 Trade Plan – 10 July 2025
Daily & Intraday Strategy with 17th July Weekly Options Hedge
📊 Daily Chart Outlook
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Price remains in a rising channel, showing bullish structure.
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However, sideways consolidation around 25,450–25,500 is visible.
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EMA Supports:
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20 EMA @ 25,295
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50 EMA @ 24,886
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Stoch RSI: Cooling from overbought (potential sideways or mild correction)
📉 1-Hour & 5-Min Chart Insights
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Support: 25,450
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Resistance: 25,496 → 25,602
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Intraday weakness visible on early charts, but buyers are defending 25,450.
🎯 Intraday Strategy (10 July 2025)
🔻 Scenario 1: Breakdown below 25,450
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Sell Nifty Futures or ATM PE below 25,450
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Targets:
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T1: 25,420
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T2: 25,385
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T3: 25,335
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SL: 25,496
📌 Option Strategy for 17th July Expiry
📉 Bear Put Spread
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Buy 25,400 PE
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Sell 25,300 PE
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Net Debit: Low Risk & Defined Reward
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View: Short-term correction this week
🔺 Scenario 2: Breakout above 25,496
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Buy Nifty Futures or ATM CE above 25,496
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Targets:
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T1: 25,530
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T2: 25,570
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T3: 25,600
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SL: 25,450
📌 Option Strategy for 17th July Expiry
📈 Bull Call Spread
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Buy 25,500 CE
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Sell 25,600 CE
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Net Debit: Moderate reward, limited loss
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View: Bounce continuation toward upper trendline
⚖️ If Market Stays in Range (25,450–25,496)
Consider a Short Strangle or Iron Condor for option writers
📌 Iron Condor – 17th July Weekly Expiry
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Sell 25,400 PE & 25,600 CE
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Buy 25,300 PE & 25,700 CE
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Targeting time decay (theta), with safe hedged risk
📝 Summary Table
| Direction | Entry | Target | SL | Option Strategy |
|---|---|---|---|---|
| 📉 Short | Below 25,450 | 25,335 | 25,496 | Bear Put Spread (25,400–25,300 PE) |
| 📈 Long | Above 25,496 | 25,600 | 25,450 | Bull Call Spread (25,500–25,600 CE) |
| ⚖️ Neutral | Range | 25,450–25,496 | – | Iron Condor (25,300–25,700 hedge) |
