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 theApril 24, 2025 Monthly Expiry and discuss how traders can position themselves effectively.
Traders may watch out for potential intraday reversals at 09:27,10:55,12:11,01:20,02:41 How to Find and Trade Intraday Reversal Times
Predicted Range for Nifty, Bank Nifty, Fin Nifty & Midcap Nifty
Nifty Expiry Range
Upper End of Expiry : 24515
Lower End of Expiry : 24108
Max Pain : 24000
PCR : 1.06
Nifty Intraday Trading Levels
Buy Above 24300 Tgt 24343, 24385 and 24424 ( Nifty Spot Levels)
Sell Below 24265 Tgt 24239, 24200 and 24166 (Nifty Spot Levels)
Bank Nifty Expiry Analysis
Upper End of Expiry : 55832
Lower End of Expiry : 54907
Max Pain : 54900
PCR : 1
BANK Nifty Intraday Trading Levels
Buy Above 55456 Tgt 55610, 55832 and 56000 (BANK Nifty Spot Levels)
Sell Below 55200 Tgt 55055 , 54907 and 54729 (BANK Nifty Spot Levels)
Fin Nifty Expiry Analysis
Intraday Levels for Finance Nifty:
Buy Above 23050 Tgt 23080, 23125 and 23166 ( Fin Nifty Spot Levels)
Sell Below 26343 Tgt 26300, 26266 and 26225 (Fin Nifty Spot Levels)
Max Pain : 26200
PCR : 0.71
Expiry Levels for Finance Nifty:
-
Upper End of Expiry: 26666
-
Lower End of Expiry: 26225
Midcap Nifty Expiry Analysis
Intraday Levels for Mid Cap Nifty:
Buy Above 12230 Tgt 12266, 12299 and 12343 ( Midcap Nifty Spot Levels)
Sell Below 12194 Tgt 12158, 12125 and 12100 (Midcap Nifty Spot Levels)
Max Pain : 12000
PCR : 0.93
Expiry Levels for Mid Cap Nifty:
-
Upper End of Expiry: 12368
-
Lower End of Expiry: 12163
Nifty Next 50 Expiry Analysis
Intraday Levels for Nifty Next 50:
Buy Above 66000 Tgt 66066, 66128 and 66200 ( Nifty Next 50 Spot Levels)
Sell Below 65950 Tgt 65900, 65850 and 65701 (Nifty Next 50 Spot Levels)
Max Pain : 66000
PCR : 1.02
Expiry Levels for Nifty Next 50:
-
Upper End of Expiry: 66551
-
Lower End of Expiry: 65448
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.