📊 Nifty 50 Key Levels – March 13, 2025
✅ Open: 22,540 | High: 22,556 | Low: 22,320 | Close: 22,397
📉 Market Performance & Price Action
As anticipated yesterday, today’s expiry was not favorable for option buyers. Nifty opened with a small gap-up at 22,540, made a day high of 22,556, and in the first 15 minutes, formed a 100-point red candle, signaling weakness.
After retesting the day high, a Doji candle appeared, indicating a possible reversal. Once the next candle closed below the Doji low, Nifty began its downward journey, breaking the day’s low and finally closing at 22,397.
💡 Key Takeaway: Today was a perfect example of why stop-loss is a trader’s best friend. At 11:45 AM, a Hammer candle formed on the 15-minute chart, suggesting a reversal. However, despite an initial 20-point bounce, Nifty resumed its downtrend till the market close. Expiry days demand a deep understanding of premium movement, making option buying tricky.
🔍 Analysis & Prediction for Monday (March 17, 2025)
📢 Happy Holi to all our readers! 🎨 Since tomorrow is a market holiday, trading will resume on Monday.
📉 Technical Analysis
Nifty is struggling to hold higher levels, showing clear resistance at 22,560-22,580, while immediate support lies at 22,320. This suggests the market is stuck in a 22,300 – 22,600 range.
📊 Weekly Chart Insights:
- Nifty has closed between 22,100 – 22,600 for three consecutive weeks.
- If Nifty fails to break higher, it could retest lower levels of 22,250 and 22,000.
📊 OI Analysis (Open Interest Data)
Since a new weekly expiry cycle begins, OI data is limited, but here’s what we observe:
- 🟢 Strong Support: 22,000 PE holds 72 Lakh OI, indicating solid demand.
- 🔴 Key Resistance: 22,700 CE has the highest OI of 36 Lakh, likely acting as a hurdle.
📌 Stay connected for daily market updates!
📉 Sectoral Performance
🔻 All sectors experienced selling pressure today, closing in the red.
✅ Only PSU Banks closed with a small gain of +0.43%.
📊 Check the detailed sectoral performance in the chart below.
📈 FII & DII Activity
📉 Foreign Institutional Investors (FII): –792.90 Cr Sell in Cash Market
📈 Domestic Institutional Investors (DII): 1723.82 Cr Buy in Cash Market
📌 Key Learnings from Today’s Market
📢 Never rely entirely on any strategy or pattern—especially on expiry days.
📌 Nothing is 100% certain in the stock market. Risk management is crucial for survival.
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💬 Drop your views in the comment section! How do you see the market on Monday? Let’s discuss!