NIFTY 50: Gap-Down Opening Expected Amid Weak Global CuesNifty 50 IndexNSE:NIFTYvickshikNIFTY is expected to open with a gap down due to weak global cues. The 15-minute chart continues to trade below a descending trendline, indicating that the short-term bias remains cautious unless price reclaims the trendline resistance. Key Intraday Levels Support Zones: 24,120–24,150 24,060–24,090 23,980–24,020 Resistance Zones: 24,180–24,210 24,240–24,270 24,320–24,350 Intraday Options Trading Setup Bearish Setup: Buy 24,150 PE if NIFTY fails to sustain above 24,200 after the first 10–15 minutes. Stop-loss: Spot above 24,220 Targets: 24,100 and 24,060 Bullish Setup (Only on Confirmation): Buy 24,250 CE or 24,300 CE only after a 15-minute candle closes above 24,250. Stop-loss: Spot below 24,210 Targets: 24,320 and 24,350 My View Weak global cues suggest a cautious start. I will avoid trading immediately after the opening and wait for the first 10–15 minutes to confirm the day's direction. As long as NIFTY remains below 24,240–24,270, rallies may face selling pressure. A sustained move above this zone could trigger short covering and shift the intraday momentum in favour of the bulls. Suggestion: Trade only after confirmation, respect your stop-loss, and let price action decide the direction. On volatile days, capital preservation is more important than taking frequent trades. Education purpose only and not financial advice.