Nifty 50 Index

Nifty Trading Strategy for 29th July 2025

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📢 NIFTY Intraday Trading Plan 📢
💼 Instrument: NIFTY Index
🧠 For Beginners & Experienced Traders
🕒 Recommended Chart Timeframe: 15-Minute Candles

✅ Bullish Plan – Buy Setup
🟢 Buy Above: ₹ 24,776

📌 Entry Rule for Novice Traders:
Wait for a 15-minute candle to close above ₹24,776.
🔼 Once it closes, enter above the high of that specific candle.
This helps avoid false breakouts and confirms trend strength.

🎯 Targets:
🔹 Target 1: ₹24,801
🔹 Target 2: ₹24,841
🔹 Target 3: ₹24,871

🔐 Suggested Stop-Loss:
Below the low of the breakout candle or around ₹24,740 (based on structure/support).

🛠️ Tools You Can Use:
✔️ Trendline Break
✔️ Volume Spike Confirmation
✔️ RSI above 50 to support bullish move

🔻 Bearish Plan – Sell Setup
🔴 Sell Below: ₹ 24,614

📌 Entry Rule for Novice Traders:
Wait for a 15-minute candle to close below ₹24,614.
🔽 Once it closes, enter below the low of that specific candle.
This ensures you're entering only after proper confirmation.

🎯 Targets:
🔸 Target 1: ₹24,584
🔸 Target 2: ₹24,554
🔸 Target 3: ₹24,524

🔐 Suggested Stop-Loss:
Above the high of the breakdown candle or around ₹24,645 (based on resistance level).

🛠️ Tools You Can Use:
✔️ Price-Action Zones
✔️ EMA crossover confirmation
✔️ RSI below 50 to support bearish move

📚 Beginner Tips:
🔰 Trade only if you understand the setup.
🔰 Don’t rush — wait for the 15-minute candle to close before entering.
🔰 Always use a stop-loss to protect your capital.
🔰 Risk only 1-2% of your capital on a single trade.

⚠️ Disclaimer:
🚫 I am not a SEBI-registered advisor.
📘 This trade idea is shared for educational and informational purposes only.
💼 Please do your own research or consult a professional financial advisor before taking any trade.
📉 Trading involves high risk. Past performance is not indicative of future results.
🙏 I am not responsible for any profit or loss incurred.

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