Trade Set-Up (Global Risk-Off Environment): Global markets are under sharp pressure following fresh tariff threats on European nations linked to the Greenland dispute.
US major indices fell sharply after the MLK Day holiday — Dow Jones -871 points, while S&P 500 and Nasdaq corrected over 2%.
Safe-haven assets like Gold and Silver hit record highs as investors exited equities.
Asian markets mirrored the weakness.
GIFT Nifty signals a weak start, extending pressure after yesterday’s 353-point decline in Nifty.
Key intraday levels for Nifty & Bank Nifty based on options positioning and price structure.
Options Data Analysis – Sentiment Shift
NIFTY
Aggressive Call writing at 25400 & 25500, confirming a strong Supply Zone
Immediate support has shifted lower to 25000–25100
A breakdown below 25100 (200 SMA on daily chart) may open the door toward the psychological 25000
The Lower High – Lower Low structure is now confirmed on the daily timeframe
PCR is extremely low, indicating oversold conditions — but in panic phases, oversold can remain oversold
BANK NIFTY
Relatively more resilient than Nifty, but facing heavy resistance near 60000
Crucial support at 59000, followed by 58770
As long as 59000 holds, a short-covering bounce cannot be ruled out
Trade Outlook for Today
Market remains high-risk and reactive
Expect volatile moves with sharp intraday swings
Possibility of a dead-cat bounce if Nifty holds 25100, with recovery attempts toward 25350–25415
Focus should remain on capital protection, not aggressive profit-hunting
Trading Approach
Sell on rise near supply zones
Avoid bottom-fishing
Keep position sizes light
Preserve capital over conviction
Disclaimer: We are not a SEBI-registered Research Analyst or Investment Advisor. The analysis shared above is strictly for educational and informational purposes only. You are solely responsible for your trading decisions. Always perform your own due diligence or consult a certified financial planner before executing any trade.