This is a level-based, execution-focused plan built around Friday’s structure. Keep it simple: react to price, don’t predict.
📊 Nifty 50 — Intraday Plan
🟢 Bullish Setup (Breakout Trade)
Condition: Price sustains above 24,050 (5–15 min candle close)
- Entry: 24,070 – 24,100
- Stop Loss: 23,950
- Targets:
- T1: 24,200
- T2: 24,280
- T3: 24,350
👉 Expect short covering rally if breakout holds. Move SL to cost after T1.
🔴 Bearish Setup (Breakdown Trade — Higher Probability)
Condition: Break below 23,750 with momentum
- Entry: 23,720 – 23,700
- Stop Loss: 23,880
- Targets:
- T1: 23,550
- T2: 23,420
- T3: 23,250
👉 If breakdown is sharp, this can become a fast move trade. Trail SL aggressively.
🟡 Range Trade (If Market is Sideways Early)
Range: 23,750 – 24,050
- Buy near 23,750, SL: 23,650 → Target: 23,950
- Sell near 24,050, SL: 24,150 → Target: 23,850
👉 Avoid overtrading—take 1 clean trade.
📊 BSE Sensex — Quick Levels
- Buy Above: 77,300 → Target 77,800 / 78,200 | SL 76,900
- Sell Below: 76,000 → Target 75,400 / 75,000 | SL 76,500
🧠 Execution Rules (Critical)
- Wait for first 15–30 minutes (avoid open volatility trap)
- Trade only clear breakout or breakdown
- Don’t trade in the middle zone (choppy = loss zone)
- Risk per trade: max 1–2% of capital
- If first trade hits SL → pause, don’t revenge trade
🔍 Stock-Focused Intraday Ideas
🔻 Weak Side (Short Bias)
- IT stocks (continuation weakness likely)
- Stocks with Friday breakdown + high volume
🟢 Strong Side (Selective Buying)
- FMCG leaders (defensive strength)
- Stocks holding above key support despite market fall
🚨 High-Impact Triggers
- Crude oil movement (very important now)
- Global market sentiment
- Sudden news = fast spikes (be cautious with leverage)
🎯 Final Practical Insight
Right now, market behaviour is:
- Upside: slow, short covering
- Downside: fast, emotional selling
👉 So priority = short trades unless strong breakout proves otherwise