Options Strategy & Analysis (Fresh)
NIFTY @ 24,013.10 – Expiry: 2026-06-23
📊 Technical Analysis & Levels
Trend Bias: Bullish
EMA 20: 23,982.09
EMA 50: 24,002.98
EMA 200: 23,824.82
Stoch RSI: Overbought-Neutral (73.01)
Today's Open / Close: 23,991.20 / 24,042.70
Today's High / Low: 24,047.20 / 23,901.90
Current Price: 24,013.10
🖼️ Market Chart (TradingView)
View Live ChartResilient daily trend holding support firmly above 24,000.
📈 Option Chain Data
Highest Put OI Strike: 24,000
Acts as a rock-solid psychological floor.
Highest Call OI Strike: 24,000
Heavy congestion & battle zone at 24,000 strike.
Implied Volatility (IV) Status:
Low Volatility📰 Latest Market News & Sentiments
Nifty 50 and Sensex Slump on Friday Due to IT Sector Sell-Off Following Accenture's Weak Guidance
US-Iran Sign MoU Reopening Strait of Hormuz; Crude Oil Prices Drop 9% Weekly Slipping Below $80
FIIs Turn Net Buyers with Rs 4,859 Crore Inflow on Friday Assisted by FTSE Rebalancing
🎯 Selected Hedged Strategy
💰 Pre-Trade Metrics & Math
Net Credit Points: +32.75 points
Lot Size (Nifty): 65 Shares
Multiplier Applied: 1x
Calculation Logic: Max Profit = Net Credit * Lot Size
Max Profit: ₹2,128.75
Max Loss: ₹4,371.25
Prob. of Profit (POP): 62%
Risk/Reward Ratio: 1:2.05
Risk Level:
📝 Market Outlook & Strategy Summary
Comprehensive Summary
Nifty 50 demonstrated strong resilience on Friday, June 19, 2026, by successfully defending the 24,000 mark despite a sharp 4-7% crash in IT heavyweights Infosys and TCS. High-impact fundamental news provides a strong tailwind: crude oil prices plummeted 9% (slipping below $80/barrel) as a peace MoU between the US and Iran reopened the Strait of Hormuz. Additionally, FII flows returned with Rs 4,859 crore of buying on Friday. Technically, the 1-hour Stoch RSI is recovering from oversold levels, and the daily chart continues to respect the 24,000 psychological floor. Option chain analysis confirms massive put writing of 1.45 lakh contracts at 24,000, indicating a firm support base for the upcoming 23rd June expiry.
📌 Execution Action Plan
Execute a Bull Put Spread by selling the 24,000 Put option at Rs 85.95 and simultaneously buying the 23,900 Put option at Rs 53.20 for protection. Keep a strict stop loss if Nifty breaks and sustains below 23,900.
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⚠️ Disclaimer
Options trading involves significant risk and is not suitable for every investor. Please ensure you understand the risks involved and consult with your financial advisor before participating. Past performance does not guarantee future results. Trade responsibly.
