Nifty Key Levels for Monday | 1st December 2026 | Intraday View
Current Market Level: Nifty closed at 26,202 in the previous session.
Traders are expecting a volatile opening tomorrow, being the first trading day of December.
Opening Scenario & Key Level Analysis
📌 If Nifty Opens Gap-Up
If Nifty opens with a positive gap, the first major resistance zone will be near:
🔺 Resistance Level: 26,300
From this level, we may see profit-booking and selling pressure.
If price fails to sustain above 26,300 and gives rejection candle, a short opportunity may activate.
🔥 Trading Idea (Option Strategy)
Buy 26,250 PUT Option
| Entry | Target | Stop-Loss |
|---|---|---|
| ₹ 90 | ₹ 101 | ₹ 78 |
Reasoning:
A strong rejection from 26,300 resistance may trigger downside movement toward retracement levels, giving momentum to PUT buyers.
Important Zone to Watch
-
Support: 26,200 & 26,150
-
Resistance: 26,260 & 26,300
Breakdown below 26,200 can bring fast selling towards 26,150–26,080.
Risk Management
-
Book partial profit near target
-
Maintain strict Stop Loss at ₹ 78
-
Avoid over-trading, especially in volatile opening
Conclusion
Tomorrow Monday, 1st December 2026, Nifty likely to face strong resistance at 26,300.
If rejection candles appear, PE 26,250 buying opportunity may be seen for short-term intraday traders.
⚠ Disclaimer
This content is for educational purposes only, not investment advice.
Trade according to your risk profile & consult your financial advisor.
No comments:
Post a Comment