The Nifty 50 closed at 24,715.05 on 3rd September, supported by strength in metals, autos, and banks. IT stocks lagged, but the index held above the critical 24,700 level, keeping traders optimistic.
As we move into 4th September 2025, here’s the outlook with support & resistance levels and strategies for traders.
🔑 Key Levels for Tomorrow
- Immediate Support: 24,500–24,550
- Crucial Support: 24,350 (below this, selling pressure may intensify)
- Immediate Resistance: 24,850–24,900
- Major Resistance: 25,000 (psychological barrier)
📈 Trading Strategies
1. Range-Bound Strategy
- Buy near 24,500–24,550 with a stop-loss below 24,450
- Target 24,800–24,850
- Sell near resistance (24,850) with stop-loss above 24,900
2. Bullish Breakout Play
- Enter long above 24,900 with sustained momentum
- Target 25,000–25,100
- Stop-loss just below 24,900
3. Bearish Breakdown Scenario
- Enter short below 24,500
- Target 24,350 (and possibly 24,200 if selling accelerates)
- Stop-loss above 24,600
4. Options Strategy: Iron Condor (for range traders)
- Sell a call spread: 24,900–25,000
- Sell a put spread: 24,550–24,450
- Works best if Nifty remains sideways between 24,550–24,900
📊 Summary Table
| Scenario | Strategy | Entry Zone | Target | Stop-Loss |
|---|---|---|---|---|
| Range-bound | Buy near support / Sell near resistance | 24,500–24,550 | 24,800–24,850 | ±50 pts beyond |
| Bullish breakout | Go long after sustained breakout | >24,900 | 25,000–25,100 | Just below break |
| Bearish breakdown | Short after breach of support | <24,500 | 24,350 | Above 24,600 |
| Options Iron Condor | Sell call & put spreads | 24,550–24,900 | Range-bound zone | Spread width |
⚡ Takeaway
- Bullish above 24,900, targeting 25,000+
- Bearish below 24,500, with downside toward 24,350
- Neutral within 24,550–24,850, where range-bound trades and options strategies work best
With the GST Council meeting outcome in focus and September historically a tricky month for markets, traders should stay disciplined with strict stop-losses and position sizing.
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