🥇Soft Trade- Options

NIFTY 50 Intraday Trade Analysis – 12 Aug 2026 Market Bias: Bearish to Neutral (Sell on Rise) Indian markets are under pressure today due to: Rising crude oil prices (near $90/barrel) hurting sentiment. Geopolitical tensions in the Middle East. Traders awaiting key India and U.S. inflation data. Nifty has slipped below 24,450, with broad-based weakness across sectors. Metals are showing relative strength while FMCG is underperforming. Key Levels Resistance 1: 24,450–24,480 Resistance 2: 24,520–24,560 Support 1: 24,350 Support 2: 24,280 Major Support: 24,200 Trade Plan 🔴 Trade 1 (Preferred): Sell on Rise Entry: 24,440–24,470 Stop Loss: 24,530 Targets: T1: 24,360 T2: 24,300 T3: 24,220 Risk-Reward: Approximately 1:2.5 to 1:3 🟢 Trade 2 (Only if confirmed) Take longs only if Nifty closes above 24,530 on a 15-minute candle with strong volume. Entry: Above 24,530 Stop Loss: 24,470 Targets: 24,620 → 24,700 Things to Watch Crude oil movement. FIIs/DIIs activity after the first hour. Bank Nifty’s ability to hold support. Opening Range Breakout (first 30 minutes). Avoid chasing candles; wait for confirmation. Trading Psychology Maximum 2 trades today. Risk only 1% of capital per trade. If stopped out twice, stop trading for the day. Avoid trading during sudden news-driven spikes. Overall View: Unless Nifty reclaims and sustains above 24,530, the advantage remains with sellers and rallies are likely to face resistance.

📌 Option Strategy Bearish Trigger Consider 24550 PE or 24600 PE after confirmation. Bullish Trigger Consider 24600 CE only after a confirmed breakout. Avoid buying options while NIFTY remains between 24,560–24,605, as sideways movement can lead to rapid premium decay.

🔺 LONG SETUP (Only on Confirmation) Enter only if a 3-minute candle closes above 24,605 with strong volume. Stop Loss 24,580 Targets 🎯 24,630 🎯 24,655 🎯 24,677

🔻 SHORT SETUP (Preferred) Entry Sell below 24,558 (only after a 3-minute candle closes below support) Stop Loss 24,586 Targets 🎯 24,535 🎯 24,515 🎯 24,485 (Momentum Target) Risk:Reward: ~1:2.5–1:3

🔑 Key Levels 🟢 Resistance 24,605 (Immediate Trigger) 24,625 24,677 (Major Resistance) 🔴 Support 24,560 24,545 24,515 (Strong Intraday Support)

📈 Market Structure NIFTY witnessed an early buying spike but failed to sustain above the intraday supply zone. The rejection from 24,605 confirms sellers remain active at higher levels, while price is currently consolidating near support with declining momentum. The index is trading inside a narrow range, and the next directional move is likely to come only after a decisive breakout or breakdown. Avoid chasing candles inside the range.

📌 Intraday Bias Below 24,620: Bearish → Prefer Shorts Above 24,685: Bullish → Momentum Buy Between 24,620–24,685: No Trade Zone

🔥 Alternate Bullish Setup Only if buyers regain control. BUY ABOVE 24,685 Conditions: ✔ Strong 3-minute candle close ✔ Increased volume ✔ No immediate rejection Stop Loss: 24,655 Targets: 24,720 24,760 24,800

🎯 Primary Trade (High Probability) SELL BELOW 24,620 Entry Below 24,620 after a confirmed 3-minute candle close. Stop Loss 24,650 Targets ✅ Target 1: 24,590 ✅ Target 2: 24,560 ✅ Target 3: 24,515 Potential Risk:Reward: Approximately 1:2.5 to 1:4

🔑 Important Levels Major Resistance 24,677-24,685 24,720 24,760 Immediate Support 24,620 24,590 24,560 24,515 (Strong Intraday Support)

📉 Technical Structure Trend ➡️ Sideways consolidation after a strong opening move. Market Structure Resistance has been tested twice around 24,675-24,680. Buyers failed to sustain above resistance. Price is now forming lower highs on the 3-minute timeframe. Momentum is weakening while volume remains average. This favors selling near resistance or on support breakdown rather than buying in the middle of the range.

📊 NIFTY 50 Intraday Trading Plan | 06 Aug | 11:45 AM IST Market View: Neutral to Slightly Bearish (Sell on Rise until breakout confirmation) Current Price: 24,631 ⸻ 🌍 Global Market Snapshot 🇺🇸 US markets closed mixed as investors remained cautious ahead of upcoming macroeconomic data. 🇯🇵 Asian markets are trading mixed, indicating no strong global directional bias. 🛢️ Crude Oil remains relatively stable, reducing immediate inflation concerns. 💵 US Dollar Index is steady, keeping FII flows in focus. 📈 India VIX remains relatively contained, suggesting intraday moves may stay range-bound unless fresh news triggers momentum. Market Sentiment: Cautiously Neutral

📊 SOFT TRADE PRIME | NIFTY 50 INTRADAY UPDATE 05 August 2026 | 1:52 PM IST Nifty is trading around 24,512, consolidating near a critical support after a session dominated by lower highs and lower lows. The intraday structure remains slightly bearish, with sellers retaining control unless the index reclaims higher resistance levels. 📌 Market Bias: Bearish → Neutral (Confirmation Based) 🌍 Key Market Drivers • RBI policy continues to influence sentiment and sector rotation. • Mixed global cues with stable crude and supportive technology earnings. • Expect higher volatility during the final hour due to institutional positioning and the NSE Closing Auction. 🔑 Key Levels Resistance: 24,540 | 24,575 | 24,620 | 24,704 (Major) Support: 24,500 | 24,470 | 24,428 (Major) | 24,380 🎯 Trade Setup 🔴 Sell Below 24,500 (3-min candle close confirmation) SL: 24,535 Targets: 24,470 → 24,435 → 24,390 🟢 Buy Above 24,545 (Only with strong volume confirmation) SL: 24,510 Targets: 24,580 → 24,620 → 24,680 ✅ Trade Only If ✔ Price closes beyond trigger level ✔ Breakout is supported by strong volume ✔ Bank Nifty confirms the direction ✔ Risk:Reward is at least 1:2 ⚠️ Professional View The 24,500 zone remains the session’s pivot. A decisive breakdown could accelerate selling toward 24,430–24,380, while a sustained move above 24,545 would be the first indication of buyers regaining control. Discipline > Prediction. Wait for confirmation, manage risk, and avoid trading inside the 24,500–24,540 no-trade zone. — SOFT TRADE PRIME | Trade with Discipline. Protect Capital. Let Probability Work.