The monthly expiry day is one of the most volatile trading sessions in the Indian stock market. With option contracts expiring, traders witness significant price movements, making it a crucial day for strategy execution. In this article, we will analyze the probable range for Nifty, Bank Nifty, Fin Nifty, and Midcap Nifty for the February 2025 Monthly Expiry and discuss how traders can position themselves effectively.
Traders may watch out for potential intraday reversals at 09:21,12:14,01:23,02:36 How to Find and Trade Intraday Reversal Times
Predicted Range for Nifty, Bank Nifty, Fin Nifty & Midcap Nifty
Based on the latest data as of Feb 27, 2025, here are the updated intraday and expiry levels :
Nifty 50 Expiry Analysis
Intraday Levels for Nifty:
Buy Above 22570 Tgt 22610, 22666 and 22711 ( Nifty Spot Levels)
Sell Below 22529 Tgt 22500, 22450 and 22388 (Nifty Spot Levels)
Expiry Levels for Nifty:
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Upper End of Expiry: 22711
-
Lower End of Expiry: 22388
- Strategy:
- Strangle for range-bound movement
- Bull Call Spread for an upside breakout
Bank Nifty Expiry Analysis
Intraday Levels for Bank Nifty:
Buy Above 48638 Tgt 48800, 48956 and 49130 ( Bank Nifty Spot Levels)
Sell Below 48555 Tgt 48424, 48340 and 48166 (Bank Nifty Spot Levels)
Expiry Levels for Bank Nifty:
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Upper End of Expiry: 48956
-
Lower End of Expiry: 48259
- Strategy:
- Iron Condor for a defined range
- Straddle for sharp moves due to FII activity
Fin Nifty Expiry Analysis
Intraday Levels for Finance Nifty:
Buy Above 23050 Tgt 23080, 23125 and 23166 ( Fin Nifty Spot Levels)
Sell Below 23005 Tgt 22969, 22931 and 22878 (Fin Nifty Spot Levels)
Expiry Levels for Finance Nifty:
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Upper End of Expiry: 23201
-
Lower End of Expiry: 22870
- Strategy:
- Debit Spread for directional bias
- Short Strangle for theta decay benefits
Midcap Nifty Expiry Analysis
Intraday Levels for Mid Cap Nifty:
Buy Above 11077 Tgt 11111, 11151 and 11200 ( Midcap Nifty Spot Levels)
Sell Below 11025 Tgt 11000, 10975 and 10930 (Midcap Nifty Spot Levels)
Expiry Levels for Mid Cap Nifty:
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Upper End of Expiry: 11134
-
Lower End of Expiry: 10975
- Strategy:
- Butterfly Spread for controlled risk
- Ratio Spread for trending moves
Nifty Next 50 Expiry Analysis
Intraday Levels for Nifty Next 50:
Buy Above 59350 Tgt 59426, 59540 and 59654 ( Nifty Next 50 Spot Levels)
Sell Below 59300 Tgt 59200, 59108 and 59000 (Nifty Next 50 Spot Levels)
Expiry Levels for Nifty Next 50:
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Upper End of Expiry: 59737
-
Lower End of Expiry: 58888
Best Trading Strategies for Expiry Day
1. Option Selling for Theta Decay
- Selling out-of-the-money (OTM) strangles or straddles in the morning session.
- Exiting positions by 2 PM to avoid sharp swings.
2. Directional Trades Post 1 PM
- Wait for institutional moves and breakouts in major indices.
- Use Volume & VWAP Analysis to confirm trends.
3. Scalping in the Last Hour (3 PM Move)
- Expiry days witness sudden momentum in the last 30 minutes.
- Scalpers can use quick 5-minute chart breakouts to capture short moves.
4. Max Pain-Based Strategies
- Monitor max pain levels for Nifty and Bank Nifty.
- Sell iron condors or credit spreads around those levels.
These levels are derived from current market data and are subject to change with market dynamics. Traders should monitor these levels closely and employ appropriate risk management strategies during trading.
Note: Market conditions can change rapidly. It’s advisable to stay updated with live market data and consult with financial advisors before making trading decisions.