Nifty Expiry Analysis – 5th June 2025

CASHPARENCY
Jun 5, 2025
2 min read

📅 Date: 05 June 2025

🔍 Nifty Expiry Analysis – 5th June 2025

Nifty Analysis 5-Min Chart + Option Chain Insights📄 By Cashparency Papers

⚠️ Disclaimer

This analysis is for educational purposes only and reflects personal market views. It is not financial advice or a trading recommendation. I am not SEBI-registered. Please consult a registered advisor before making trading decisions. Cashparency or its contributors will not be held responsible for any financial outcomes. Trade at your own risk.

Step 1: Nifty Option Chain Analysis – 5th June 2025 Expiry

Here's what the latest Option Chain data reveals:

Spot Price: 24,620.20 (+27.7 pts / +0.32%) – Mild bullish tone
Put-Call Ratio (PCR): 0.6048 – Bearish bias as calls dominate puts
India VIX: 15.75 (↓0.81) – Suggests lower volatility and a range-bound setup
Max Pain: 24,600 – Price may hover near this level into expiry
Expected Range: 24,600 – 25,500

🔸 Open Interest Highlights:

📈 Call Side (Resistance Zones):

25,000 – 1,87,057 OI
24,600 – 1,48,309 OI
24,700 – 1,24,030 OI

📉 Put Side (Support Zones):

24,600 – 1,39,680 OI
24,000 – 1,33,605 OI
24,500 – 65,351 OI

🔄 OI Buildup:

Call Writing:
- 24,600 → +47,520 OI (+47%)
- 24,650 → +23,762 OI (+56%)
- 24,700 → +27,227 OI (+28%)
Put Writing:
- 24,500 → +33,163 OI (+91%)
- 24,600 → +6,930 OI (+85%)

Key Resistance Levels: 24,600, 24,650, 24,700, 25,000Key Support Levels: 24,600, 24,500, 24,000

📊 Sentiment Summary: The bearish PCR and aggressive call writing at 24,600–24,700 suggest traders expect limited upside. The spot price nearing Max Pain also points toward consolidation or minor retracement.

Step 2: 5-Minute Chart Analysis – Price Action Insights

Current Price: 24,612.00 (+48.85 pts / +0.32%)This aligns closely with the spot price from the option chain.

🕯️ Price Movement Overview:

Late April: Nifty starts at ~22,200
Mid-May: Peaks near ~25,600
May 20: Falls sharply to ~24,200
Now: Consolidating between 24,200 – 24,800

🔍 Key Price Levels:

Support: 24,200 (recent low), 24,500 (psychological + OI support)
Resistance: 24,700–24,800 (recent highs), 25,000 (psychological + OI resistance)

Current price (24,612) sits near the high OI zone of 24,600 – a crucial pivot.

Step 3: Combined View – Market Bias

📊 Technical + Derivatives Summary:

Price Action: Consolidation zone post-volatility
Option Chain: Bearish bias with strong resistance at 24,600–24,700
Max Pain: Indicates potential gravitation toward 24,600
PCR: Bearish at 0.60

🧭 Overall Market Bias: Neutral to Slightly Bearish

Unless 24,700 is breached with volume, the upside looks capped. However, holding above 24,500–24,600 could mean continued consolidation.

📌 Strategy Outlook (Intraday)

Primary Bias: Bearish (calls active at resistance levels)
Trading Setup:
- Bearish Put Strategy: Ideal within the range of 24,600–24,700
- Bullish Call Setup: Only above a breakout with strong volume above 24,700

Crucial Levels to Watch: Support – 24,200, 24,500Resistance – 24,600, 24,700, 25,000

🚀 Final Thoughts

The Nifty is at a critical decision point around 24,600. With heavy call and put activity at the same strike, this level acts as a battleground. Unless bulls can clear 24,700, expect range-bound or slightly bearish price action.