Nifty 50 – A Day of Discipline and Calm Reflection

By Ashok • Date: 10 October 2025

Morning Snapshot

A concise view of the opening session and early technical tone.

Open	₹25,182
High	₹25,242
Low	₹25,156
Current	₹25,232 (slightly above VWAP ₹25,210)
Volume	~16.8M (healthy early session)

Early read: The market showed quiet strength at open — price held above VWAP and the short-term HMA, suggesting a measured bullish bias likely aided by corporate earnings and FPI flows.

Key Technical Zones

Zone	Level / Notes
VWAP	₹25,210 — institutional anchor for intraday value
Support	₹25,150–₹25,180
Resistance	₹25,240–₹25,270
Short-term HMA (9)	~₹25,197 (helping capture momentum)

Ashok’s Trade Setup — Simple & Disciplined

Focus: buy on dip near VWAP with modest targets and defined risk.

Element	Value
Entry (spot)	₹25,200
Target (spot)	₹25,240
Range	40 points
ATM Option Premium (example)	₹20
Reward : Risk	2 : 1

Why this works:

Price trading above VWAP and HMA confirms short-term bullish momentum.
₹25,200 sits close to VWAP and served as a natural intraday support.
Options-based entry limits downside (premium paid) while allowing upside capture.

Strike Selection & Expiry Considerations

Ashok prefers strikes and expiries that reduce emotional pressure while keeping the trade effective.

Spot	Suggested Strike	Approx. Premium	Rationale
₹25,250	₹25,450 CE	₹169 (example)	Balanced delta (~0.45): responsive yet stable
₹25,250	₹25,500 CE	₹94 (LTP), limit entry ₹75	Mildly OTM — lower cost with controlled exposure

Choosing a longer expiry (e.g., 20 Oct) is intentional: slower theta, wider SL room, and calmer trade management.

Market Behavior & Tactical Reads

A few observed price behaviors and their implications:

Bullish Marubozu (10:15): Strong conviction — often precedes continuation when supported by VWAP and volume.
Indecision Cluster (three candles with equal wicks): Market paused; VWAP and HMA flattening signals potential stall or reversal.
Retest to VWAP: Healthy breath, not breakdown — a textbook re-entry area if price stabilizes with bullish volume.

“When the market hesitates, we do not intrude. We wait for clarity—not because we fear loss, but because we respect rhythm.”

Practical Trade Rules (Senior-Friendly)

Prefer limit entries — invite the market to come to you.
Use slightly OTM options to lower upfront premium and allow a wider, calmer SL.
Combine fast HMA(9) for entries with HMA(21) as a trend confirmation filter.
Avoid trading during indecision clusters — wait for a clean breakout or breakdown with volume.
When price runs ahead of VWAP and fair value, be willing to pause and revisit next session.

Key Lessons – Quick Takeaways

Buy the dip near VWAP; trade with patience, not haste.
Prefer strikes and expiries that reduce theta pressure for emotional comfort.
Use a clear stop and defined target — let discipline do the heavy lifting.
Graceful exits are as valuable as smart entries.

My Memoirs – Short real life stories

Nifty 50 – days proceedings 10th oct 2025