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 May 2025 Monthly Expiry and discuss how traders can position themselves effectively.
Traders may watch out for potential intraday reversals at 10:09,11:33,12:34,01:22,02:50 How to Find and Trade Intraday Reversal Times
Predicted Range for Nifty, Bank Nifty, Fin Nifty & Midcap Nifty
midBased on the latest data as of May 28, 2025, here are the updated intraday and expiry levels :
Nifty 50 Expiry Analysis
Intraday Levels for Nifty:
Buy Above 24845 Tgt 24888, 24923 and 24985 ( Nifty Spot Levels)
Sell Below 24800 Tgt 24763, 24714 and 24666 (Nifty Spot Levels)
Expiry Levels for Nifty:
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Upper End of Expiry: 24985
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Lower End of Expiry: 24518
- Strategy:
- Strangle for range-bound movement
- Bull Call Spread for an upside breakout
Bank Nifty Expiry Analysis
Intraday Levels for Bank Nifty:
Buy Above 55400 Tgt 55555, 55729 and 55900 ( Bank Nifty Spot Levels)
Sell Below 55300 Tgt 55150, 55000 and 54894 (Bank Nifty Spot Levels)
Expiry Levels for Bank Nifty:
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Upper End of Expiry: 55939
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Lower End of Expiry: 54894
- 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 26480 Tgt 26525, 26575 and 26610 ( Fin Nifty Spot Levels)
Sell Below 26444 Tgt 26400, 26375 and 26323 (Fin Nifty Spot Levels)
Expiry Levels for Finance Nifty:
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Upper End of Expiry: 26700
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Lower End of Expiry: 26201
- Strategy:
- Debit Spread for directional bias
- Short Strangle for theta decay benefits
Midcap Nifty Expiry Analysis
Intraday Levels for Mid Cap Nifty:
Buy Above 12610 Tgt 12645, 12680 and 12729 ( Midcap Nifty Spot Levels)
Sell Below 12575 Tgt 12529, 12491 and 12450 (Midcap Nifty Spot Levels)
Expiry Levels for Mid Cap Nifty:
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Upper End of Expiry: 12713
-
Lower End of Expiry: 12476
- Strategy:
- Butterfly Spread for controlled risk
- Ratio Spread for trending moves
Nifty Next 50 Expiry Analysis
Intraday Levels for Nifty Next 50:
Buy Above 67050 Tgt 67164, 67328 and 67555 ( Nifty Next 50 Spot Levels)
Sell Below 66900 Tgt 66776, 66555 and 66364 (Nifty Next 50 Spot Levels)
Expiry Levels for Nifty Next 50:
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Upper End of Expiry: 67627
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Lower End of Expiry: 66364
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.
