π Market Performance β March 11, 2025
It is often said, “Trading is the hardest way to make the easiest money.” Yesterday, Nifty showed bearish signs, but todayβs market action told a different story.
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Opening: Nifty opened with a 120-point gap-down at 22,345
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Dayβs High: Market surged steadily to 22,522
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Closing: Nifty managed to close at 22,497
Todayβs market presented excellent price action opportunities and valuable trading lessons. If you are an intraday trader, make sure to check out our Free Intraday Trading Strategy:
π High Reward Intraday Strategy
π What to Expect Tomorrow β March 12, 2025?
π Technical Analysis
π Key Observations:
- Strong resistance was observed at 22,676 yesterday, leading to a close near 22,460
- Support at 22,314 held firm today, pushing Nifty towards 22,500
- Institutional buyers seem interested in accumulating at support levels
- If 22,600 is broken tomorrow, Nifty could see a sharp rally up to 22,800
π Resistance Levels:
πΊ 22,650 (Major resistance)
π Support Levels:
π» 22,400 (Key support level)
π Open Interest (OI) Analysis
π Resistance: 22,600 (CE OI: 74L)
β Call writers seem nervous β approx. 4L contracts decreased , suggesting a potential breakout.
π Support: 22,400 (PE OI: 89L)
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Put writers are gaining confidence, with a significant 17L increase in OI at 22,500
β‘οΈ Conclusion: Based on todayβs OI data, the market structure appears bullish for tomorrow.
π Sectoral Performance
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Most sectors closed in green, except Private Banks & IT
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Realty sector led the gains, closing over 3% higher
π Check the detailed sectoral performance chart below.
π FII & DII Activity
π° Foreign Institutional Investors (FII): -2823.76 Cr. Sell
π° Domestic Institutional Investors (DII): +2001.79 Cr. Buy
Tomorrow Nifty can be Bullish as FII buys 20229.45 Cr. in Index Options.
π Key Learning from Todayβs Market
π Donβt trade with a fixed bias in intraday trading.
π Instead, analyze the opening range and trade with the market trend.
π Today, despite the bearish opening, the market remained bullish throughout the day.
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π¬ Whatβs your outlook for tomorrow?
Drop your comments and predictions below! Letβs discuss and grow together. π
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