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 09:21,10:50,12:22,01:13,02:36 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 March 27, 2025, here are the updated intraday and expiry levels :
Nifty 50 Expiry Analysis
PCR: 0.96
Max Pain : 23500
Intraday Levels for Nifty:
Buy Above 23525 Tgt 23570, 23610 and 23666 ( Nifty Spot Levels)
Sell Below 23450 Tgt 23412, 23375 and 23333 (Nifty Spot Levels)
Expiry Levels for Nifty:
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Upper End of Expiry: 23655
-
Lower End of Expiry: 23318
Bank Nifty Expiry Analysis
PCR: 0.86
Max Pain : 51000
Intraday Levels for Bank Nifty:
Buy Above 51300 Tgt 51470, 51600 and 51777 ( Bank Nifty Spot Levels)
Sell Below 51066 Tgt 50893, 50729 and 50578 (Bank Nifty Spot Levels)
Expiry Levels for Bank Nifty:
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Upper End of Expiry: 51576
-
Lower End of Expiry: 50841
- Strategy:
- Iron Condor for a defined range
- Straddle for sharp moves due to FII activity
Fin Nifty Expiry Analysis
PCR: 0.80
Max Pain : 24800
Intraday Levels for Finance Nifty:
Buy Above 24873 Tgt 24916, 24960 and 25064 ( Fin Nifty Spot Levels)
Sell Below 24769 Tgt 24729, 24682 and 24650 (Fin Nifty Spot Levels)
Expiry Levels for Finance Nifty:
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Upper End of Expiry: 25007
-
Lower End of Expiry: 24650
- Strategy:
- Debit Spread for directional bias
- Short Strangle for theta decay benefits
Midcap Nifty Expiry Analysis
PCR: 0.91
Max Pain : 11450
Intraday Levels for Mid Cap Nifty:
Buy Above 11527 Tgt 11577, 11625 and 11666 ( Midcap Nifty Spot Levels)
Sell Below 11477 Tgt 11444, 11400 and 11368 (Midcap Nifty Spot Levels)
Expiry Levels for Mid Cap Nifty:
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Upper End of Expiry: 11609
-
Lower End of Expiry: 11419
- Strategy:
- Butterfly Spread for controlled risk
- Ratio Spread for trending moves
Nifty Next 50 Expiry Analysis
PCR:0.91
Max Pain :62400
Intraday Levels for Nifty Next 50:
Buy Above 62570 Tgt 62678, 62787 and 62908 ( Nifty Next 50 Spot Levels)
Sell Below 62385 Tgt 62266, 62170 and 62012 (Nifty Next 50 Spot Levels)
Expiry Levels for Nifty Next 50:
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Upper End of Expiry: 62908
-
Lower End of Expiry: 62012
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.
