NIFTY – INTRADAY TRADING PLAN | 01-OCT-2026

Previous Close: 22,614.30
Timeframe: 15-Minute
Market Structure: Bearish, with major support below

━━━━━━━━━━━━━━━━━━

KEY LEVELS

🔴 22,912 – Last Intraday Resistance

🔴 22,839–22,863 – Opening / Last Intraday Resistance Zone

🟠 22,620–22,690 – NO-TRADE / DECISION ZONE

🔵 22,460 – Major Intraday Support

🔵 22,202 – Extended Downside Support

━━━━━━━━━━━━━━━━━━

TECHNICAL VIEW

NIFTY is trading around 22,614 after a sharp decline followed by consolidation.

The broader 22,603–22,852 region has acted as an important historical support/consolidation area. However, price is currently positioned near the lower portion of this region, keeping the immediate structure cautious.

The 22,620–22,690 area is the key decision zone for the session. Price action inside this range can remain volatile and may produce false breakouts or breakdowns. Confirmation is therefore important before taking a directional trade.

The 22,839–22,863 zone represents immediate overhead supply/resistance. A sustained breakout and acceptance above this zone can indicate improving short-term strength.

Above 22,863, the next important resistance/target reference is 22,912.

On the downside, 22,460 is the major intraday support. A sustained breakdown below this level can expose the next support at 22,202.

━━━━━━━━━━━━━━━━━━

100+ POINT GAP REFERENCES

Previous Close: 22,614.30

100-Point Gap Up Reference: 22,714.30

100-Point Gap Down Reference: 22,514.30

These are scenario references only and are not predictions.

━━━━━━━━━━━━━━━━━━

🟢 GAP-UP OPENING – 100+ POINTS

If NIFTY opens above approximately 22,714:

• Above 22,714 but below 22,839 → Wait for confirmation.

• Sustained move above 22,839–22,863 → Recovery can extend toward 22,912.

• Rejection from 22,839–22,863 → Weakness can return toward 22,690 and 22,620.

Do not chase the initial gap. The reaction around the resistance zone is more important than the opening candle itself.

━━━━━━━━━━━━━━━━━━

🟡 FLAT / NORMAL OPENING

If NIFTY opens near the previous close:

• Above 22,690 → Watch 22,839–22,863.

• Sustained above 22,863 → 22,912 becomes the next reference.

• Below 22,620 → Watch 22,460.

• Inside 22,620–22,690 → NO TRADE / WAIT FOR CONFIRMATION.

The 22,620–22,690 range should be treated as a decision area rather than an aggressive entry zone.

━━━━━━━━━━━━━━━━━━

🔴 GAP-DOWN OPENING – 100+ POINTS

If NIFTY opens below approximately 22,514:

• Reclaim of 22,460 → Recovery can develop toward 22,620.

• Sustained trading below 22,460 → Downside can extend toward 22,202.

• Avoid chasing the first gap-down candle. Prefer a pullback, retest, or confirmed breakdown.

━━━━━━━━━━━━━━━━━━

TRADE MANAGEMENT

✔ Wait for the first 15–30 minutes where possible.

✔ Use 15-minute closing confirmation for important breakouts and breakdowns.

✔ Avoid aggressive trades inside the 22,620–22,690 decision zone.

✔ Do not chase large gap openings.

✔ Define the invalidation/stop-loss level before entering.

✔ For options trading, keep position size controlled because option premiums can move significantly faster than the underlying index.

━━━━━━━━━━━━━━━━━━

KEY MARKET MAP

Above 22,863
→ Recovery Strength
→ 22,912

22,620–22,690
→ NO-TRADE / DECISION ZONE
→ Wait for confirmation

Below 22,460
→ Downside Risk
→ 22,202

━━━━━━━━━━━━━━━━━━

SUMMARY

The key battle for 01-Oct-2026 is around the 22,620–22,690 decision zone.

A sustained breakout above 22,839–22,863 can improve short-term momentum and bring 22,912 into focus.

A sustained breakdown below 22,460 can increase downside pressure toward 22,202.

The approach for the session is to react to confirmed price action around the marked levels rather than predict the opening direction.

━━━━━━━━━━━━━━━━━━

DISCLAIMER

This analysis is for educational and informational purposes only. I am not a SEBI registered analyst.

This post is not investment advice or a recommendation to buy or sell any security or derivative. Trading in Futures & Options involves substantial risk. Please conduct your own analysis and follow appropriate risk management.

#NIFTY50 #NIFTY #TradingPlan #IntradayTrading #TechnicalAnalysis #PriceAction #OptionsTrading #LiveTradingBox