Nifty Options Intraday Plan (Monday – April 27, 2026)

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Clean, execution-focused setups using ATM/near-ATM strikes. The idea is simple: react to levels → pick the right strike → manage risk tightly.


📊 Nifty 50 — Key Zones Recap

  • Breakout: 24,050
  • Breakdown: 23,750
  • Range: 23,750 – 24,050

🟢 Bullish Setup (CE Buy)

Trigger: Nifty sustains above 24,050 (5–15 min close + volume)

🎯 Trade Plan

  • Strike: 24,000 CE (ATM)
    (Aggressive: 24,100 CE)
  • Entry Premium: After breakout confirmation (don’t pre-buy)
  • Stop Loss: –25% from premium
  • Targets:
    • T1: +20%
    • T2: +40%
    • T3: +60%+ (if strong trend day)

👉 Expect short covering spike. Book partial at T1.


🔴 Bearish Setup (PE Buy — Higher Probability)

Trigger: Nifty breaks 23,750 with momentum

🎯 Trade Plan

  • Strike: 23,700 PE (ATM)
    (Safer: 23,800 PE slightly ITM)
  • Entry Premium: On breakdown retest or strong red candle
  • Stop Loss: –25%
  • Targets:
    • T1: +25%
    • T2: +50%
    • T3: +80% (panic selling scenario)

👉 Downside moves are currently faster, so this setup has better odds.


🟡 Range Market Strategy (If No Breakout)

If Nifty stays between 23,750 – 24,050:

Option Selling (Advanced / Cautious)

  • Sell 24,100 CE
  • Sell 23,700 PE

👉 Only if market is clearly sideways + low momentum
👉 Keep tight SL (~15–20%)

(If not experienced, skip selling—premium spikes can trap you)


⏱️ Timing Strategy (Very Important)

  • Avoid first 15–20 minutes
  • Best entries: 9:45 AM – 11:30 AM
  • Avoid late entries after 2:30 PM unless strong trend

🧠 Smart Execution Tips

  • Always prefer ATM or slightly ITM options (better movement)
  • Don’t hold losers → strict SL discipline
  • Trail profits once option gains 20–25%
  • If premium spikes too fast → don’t chase

🚨 What Can Change Everything

  • Sudden crude oil move
  • Global market reversal
  • News-based spikes

🎯 Simple Game Plan

  • Below 23,750 → Buy PE (priority trade)
  • Above 24,050 → Buy CE (only if strong breakout)
  • Between → Stay patient or light trades only