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 June 2026 Monthly Expiry and discuss how traders can position themselves effectively.
Predicted Range for Nifty, Bank Nifty, Fin Nifty & Midcap Nifty
Nifty 50 Expiry Analysis
Intraday Levels for Nifty:
Buy Above 23989 Tgt 24067, 24144 and 24196 ( Nifty Spot Levels)
Sell Below 23938 Tgt 23886, 23835 and 23783 (Nifty Spot Levels)
Expiry Levels for Nifty:
-
Upper End of Expiry: 24148
-
Lower End of Expiry: 23807
- Strategy:
- Strangle for range-bound movement
- Bull Call Spread for an upside breakout
Bank Nifty Expiry Analysis
Intraday Levels for Bank Nifty:
Buy Above 57843 Tgt 57963, 58205 and 58446 ( Bank Nifty Spot Levels)
Sell Below 57723 Tgt 57603, 57483 and 57363 (Bank Nifty Spot Levels)
Expiry Levels for Bank Nifty:
-
Upper End of Expiry: 58239
-
Lower End of Expiry: 57416
- 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 26670 Tgt 26725, 26806 and 26888 ( Fin Nifty Spot Levels)
Sell Below 26616 Tgt 26561, 26507 and 26453 (Fin Nifty Spot Levels)
Expiry Levels for Finance Nifty:
-
Upper End of Expiry: 26851
-
Lower End of Expiry: 26472
- Strategy:
- Debit Spread for directional bias
- Short Strangle for theta decay benefits
Midcap Nifty Expiry Analysis
Intraday Levels for Mid Cap Nifty:
Buy Above 14404 Tgt 14459, 14499 and 14540 ( Midcap Nifty Spot Levels)
Sell Below 14339 Tgt 14299, 14260 and 14220 (Midcap Nifty Spot Levels)
Expiry Levels for Mid Cap Nifty:
-
Upper End of Expiry: 14503
-
Lower End of Expiry: 14298
- Strategy:
- Butterfly Spread for controlled risk
- Ratio Spread for trending moves
Nifty Next 50 Expiry Analysis
Intraday Levels for Nifty Next 50:
Buy Above 71652 Tgt 71786, 71920 and 72189 ( Nifty Next 50 Spot Levels)
Sell Below 71518 Tgt 71385 , 71251 and 71000 (Nifty Next 50 Spot Levels)
Expiry Levels for Nifty Next 50:
-
Upper End of Expiry: 72109
-
Lower End of Expiry: 71090
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.
