📌 Previous Close: 48,453
📍 No Trade Zone: 48,300 – 48,523
📈 Last Intraday Resistance: 48,944
📉 Last Intraday Support: 48,038
📌 Key Reversal Zone for Buyers: 47,363 – 47,573
📍 Scenario 1: Gap-Up Opening (🔼 +200 points or more)
If Bank Nifty opens around or above 48,650 – 48,700, we are entering the upper boundary of the last resistance zone, and the market may either show strength or immediately trigger profit booking.
📢 Educational Insight: A gap-up into resistance often invites sellers. Don’t chase green candles blindly. Let structure confirm strength.
📍 Scenario 2: Flat Opening (±100 points range)
If Bank Nifty opens between 48,400 – 48,500, we are inside the “No Trade Zone.” This zone usually indicates indecision or lack of momentum in the early part of the session.
📢 Educational Insight: The middle of the range is where retail traders often get trapped. Stay out until direction is clear. Trade the edges, not the middle.
📍 Scenario 3: Gap-Down Opening (🔽 -200 points or more)
If Bank Nifty opens near or below 48,200 – 48,100, bearish sentiment will dominate. Immediate support lies at 48,038. Below this, things could get even more interesting.
📢 Educational Insight: Don’t panic-buy a gap down unless strong reversal signs appear. Let sellers exhaust themselves before stepping in.
🛡️ Risk Management Tips for Options Traders
✅ Avoid Overleveraging – Never go all-in on the first trade. Use only a portion of your capital.
✅ Always Use Stop Loss – Especially if trading naked options. Protect your capital like a warrior.
✅ Time Decay Caution – Avoid holding long options too late in the day unless strong move is confirmed.
✅ Prefer Spreads – In volatile zones, go with defined-risk strategies like debit or credit spreads.
✅ Avoid First 15 Minutes – Let the market set a tone before jumping in. This reduces emotional entries.
📌 Summary & Conclusion
🟩 Above 48,944 → Bullish territory. Targets: 49,113 → 49,278
🟧 Between 48,300 – 48,523 → No Trade Zone. Wait for confirmation.
🟥 Below 48,038 → Bearish zone with potential downside to 47,573 → 47,363
✅ 47,363 – 47,573 is a high-probability reversal zone for buyers if tested.
⚠️ Be a disciplined trader – let the setup come to you. Stick to your plan, and manage risk like a pro. 💪
⚠️ Disclaimer
I am not a SEBI-registered analyst. This trading plan is shared for educational purposes only. Please do your own analysis or consult with a financial advisor before making any trading decisions.
📢 #BankNifty #TradingPlan #OptionsTrading #StockMarketIndia #TechnicalAnalysis #TradingView #PriceAction #NSE #BankNiftyLevels #RiskManagement
📍 No Trade Zone: 48,300 – 48,523
📈 Last Intraday Resistance: 48,944
📉 Last Intraday Support: 48,038
📌 Key Reversal Zone for Buyers: 47,363 – 47,573
📍 Scenario 1: Gap-Up Opening (🔼 +200 points or more)
If Bank Nifty opens around or above 48,650 – 48,700, we are entering the upper boundary of the last resistance zone, and the market may either show strength or immediately trigger profit booking.
- [] Wait & Watch in Opening: Let the price stabilize in the first 15-30 minutes. If Bank Nifty sustains above 48,944, we could see a quick rally toward the upper profit booking zone 49,113 – 49,278.
[] Reversal Possibility: This is also a possible rejection zone. If Bank Nifty shows reversal signs near 48,944 – 49,113, traders can look for short trades with stop-loss above 49,278, targeting 48,650 and 48,523 as immediate supports. - Avoid Longs near Top Zone: Booking profits is advised rather than initiating fresh longs in this zone unless a very strong bullish candle closes above 49,278 on 15-minute time frame.
📢 Educational Insight: A gap-up into resistance often invites sellers. Don’t chase green candles blindly. Let structure confirm strength.
📍 Scenario 2: Flat Opening (±100 points range)
If Bank Nifty opens between 48,400 – 48,500, we are inside the “No Trade Zone.” This zone usually indicates indecision or lack of momentum in the early part of the session.
- [] Wait for Breakout or Breakdown: No fresh trade unless price breaks 48,523 on the upside or 48,300 on the downside with good volume.
[] Above 48,523: A bullish breakout may trigger short-term buying with upside targets of 48,635 and then 48,944. - Below 48,300: A bearish breakdown opens room till 48,038 and possibly to 47,573, the “must try” zone for buyers.
📢 Educational Insight: The middle of the range is where retail traders often get trapped. Stay out until direction is clear. Trade the edges, not the middle.
📍 Scenario 3: Gap-Down Opening (🔽 -200 points or more)
If Bank Nifty opens near or below 48,200 – 48,100, bearish sentiment will dominate. Immediate support lies at 48,038. Below this, things could get even more interesting.
- [] Reversal Zone Alert: Watch how price reacts near 48,038. A strong bullish reversal candle here could give a risk-reward favorable long trade toward 48,300 – 48,523.
[] Breakdown Below 48,038: Opens the gates for a larger fall towards 47,573 and even 47,363, where bulls might step in aggressively.
[] Aggressive Shorts: Only if price sustains below 48,038 with momentum, look for intraday puts or bear spreads.
[] For Reversal Buyers: Ideal zone for buying would be in the range of 47,363 – 47,573, only if price shows base formation with demand candle.
📢 Educational Insight: Don’t panic-buy a gap down unless strong reversal signs appear. Let sellers exhaust themselves before stepping in.
🛡️ Risk Management Tips for Options Traders
✅ Avoid Overleveraging – Never go all-in on the first trade. Use only a portion of your capital.
✅ Always Use Stop Loss – Especially if trading naked options. Protect your capital like a warrior.
✅ Time Decay Caution – Avoid holding long options too late in the day unless strong move is confirmed.
✅ Prefer Spreads – In volatile zones, go with defined-risk strategies like debit or credit spreads.
✅ Avoid First 15 Minutes – Let the market set a tone before jumping in. This reduces emotional entries.
📌 Summary & Conclusion
🟩 Above 48,944 → Bullish territory. Targets: 49,113 → 49,278
🟧 Between 48,300 – 48,523 → No Trade Zone. Wait for confirmation.
🟥 Below 48,038 → Bearish zone with potential downside to 47,573 → 47,363
✅ 47,363 – 47,573 is a high-probability reversal zone for buyers if tested.
⚠️ Be a disciplined trader – let the setup come to you. Stick to your plan, and manage risk like a pro. 💪
⚠️ Disclaimer
I am not a SEBI-registered analyst. This trading plan is shared for educational purposes only. Please do your own analysis or consult with a financial advisor before making any trading decisions.
📢 #BankNifty #TradingPlan #OptionsTrading #StockMarketIndia #TechnicalAnalysis #TradingView #PriceAction #NSE #BankNiftyLevels #RiskManagement
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.