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| Nifty prediction for 18 March 2025. |
Market Performance & Price Action
📊 Nifty 50 Overview:
✅ Open: 22,353.15 | High: 22,577 | Low: 22,353.15 | Close: 22,508.75
Today’s session was highly choppy, dominated by sellers, making it a difficult market for option buyers. However, our predicted resistance of 22,560-22,580 worked perfectly, as Nifty made a high of 22,577 before reversing.
Recap of Today’s Market
- Nifty opened with a gap-down of around 40 points at 22,353.
- Within 1 minute, the index jumped 130 points, reaching 22,483—a massive opening move!
- By the first 5 minutes, Nifty hit 22,505—a total 150-point move right at the start.
- As expected, after such a strong opening move, Nifty remained sideways, struggling within a 75-point range for the rest of the session.
- No clear price action signals were visible today, making it difficult for intraday option buyers to find high-probability trades.
Analysis & Prediction for Tuesday (March 19, 2025)
Technical Analysis
🔹 Nifty remains stuck between 22,350 – 22,600. Unless a breakout or breakdown occurs, expect continued choppiness.
🔹 Today’s closing above 22,500 signals a possible upside move soon.
🔹 Tomorrow is the SENSEX expiry, which might bring additional volatility and potential upside movement.
🔹 Resistance Levels: 22,600 & 22,675
🔹 Support Levels: 22,300
OI Analysis (Open Interest Data)
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Support:
✅ 22,300 PE holds 75 Lakh OI, indicating strong support.
✅ 22,500 PE has 80 Lakh OI, reinforcing support at this level. -
Resistance:
❌ 22,700 CE has 80 Lakh OI, making it a strong resistance zone.
📊 Bullish Sign: Call OI has decreased at 22,400, which hints at a potential bullish trend.
📈 Nifty closed 0.65% higher, while OI increased by 0.13%—indicating a long buildup, a bullish signal for the market.
✅ Bank Nifty and FinNifty also showed long buildups today.
Sectoral Performance
Most sectors closed in the green, except for:
🔻 Realty, PSU Banks, and FMCG, which saw minor declines.
📊 Check the sectoral chart below for more details.
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| Nifty Sectoral performance, 17 March 2025 |
FII & DII Activity
📉 Foreign Institutional Investors (FII): Sell 4488.45 Cr.
📈 Domestic Institutional Investors (DII): Buy 6000.60 Cr.
Key Learnings from Today’s Market
📌 Revisiting a crucial lesson:
👉 If the opening range exceeds 100 points, the market is likely to stay range-bound.
👉 A range-bound market is not ideal for option buyers.
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💬 What’s your prediction for tomorrow? Drop your thoughts in the comment section! Let’s discuss.