[INTRADAY] #BANKNIFTY PE & CE Levels(05/06/2025)Bank Nifty is opening slightly gap-up around the 55650–55700 zone, hinting at a cautious positive bias. However, the index remains within a well-defined range, and today’s session could act as a trigger for the next directional move.
If Bank Nifty sustains above 55600, bullish momentum may build toward 55750, 55850, and 55950+. A breakout above 56050 could further accelerate the upside, potentially targeting 56250 and beyond.
However, if the index fails to hold above 55700 and starts reversing, a pullback toward 55600 and 55500 is possible.
A breakdown below 55450 would signal weakness and open up downside levels toward 55250, 55150, and 55050, where stronger support is expected.
Bankniftytrend
[INTRADAY] #BANKNIFTY PE & CE Levels(04/06/2025)Bank Nifty is expected to open with a gap-up near the 55950 level, which places it at a critical resistance zone. If it sustains above this level, it may extend the bullish momentum toward 55750, 55850, and 55950+, but more importantly, a breakout above 56050 would trigger a fresh upside rally with targets at 56250, 56350, and 56450+.
However, if Bank Nifty fails to hold above 55900–55950 and reverses below this zone, a short trade setup may activate, with potential downside targets of 55750, 55650, and 55550.
Further weakness can be confirmed only if the index slips below the 55550–55600 support zone, exposing it to 55250, 55150, and 55050 levels.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/06/2025)Bank Nifty is expected to open flat around the 55850–55900 zone, continuing near the same levels as the previous session. The index is currently trading in a tight range, indicating potential breakout or reversal zones are nearing.
If Bank Nifty sustains above the 55550–55600 zone, bullish momentum could continue toward 55750, 55850, and 55950+. A clear breakout above 56050 would confirm a fresh upward leg, with extended targets at 56250, 56350, and 56450+.
On the downside, if Bank Nifty slips below 55900–55950, a minor correction is possible with short targets at 55750, 55650, and 55550. Further weakness would only be confirmed below 55450–55400, exposing the downside to 55250, 55150, and 55050.
[INTRADAY] #BANKNIFTY PE & CE Levels(02/06/2025)Bank Nifty is expected to open flat around the 55700–55800 zone. If it manages to sustain above the 55550–55600 breakout zone, the bullish trend is likely to continue with upside targets at 55750, 55850, and 55950+. A further breakout above 56050 may fuel extended gains toward 56250, 56350, and 56450+.
On the downside, if Bank Nifty shows weakness and falls below 55900–55950, a short opportunity may arise targeting 55750, 55650, and 55550 zones. A deeper breakdown below 55450–55400 could lead to further downside levels of 55250, 55150, and 55050.
The price action currently suggests consolidation within a range, so wait for a decisive breakout or breakdown before entering. Use strict stop-losses and book partial profits at major levels as the session may remain volatile near resistance.
[INTRADAY] #BANKNIFTY PE & CE Levels(30/05/2025)Today, Bank Nifty is expected to open flat near the 55600 zone. If it sustains above the 55550–55600 range, a bullish rally may continue with upside targets at 55750, 55850, and 55950+.
Further breakout above 56050 could trigger strong momentum toward higher targets of 56250, 56350, and 56450+.
On the downside, if Bank Nifty slips below the 55450–55400 level, a bearish move may unfold with downside targets at 55250, 55150, and 55050.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/05/2025)Today, Bank Nifty is expected to open flat near the 55450–55500 zone. If it sustains above the 55550 level, a bullish rally may unfold with potential upside targets of 55750, 55850, and 55950+.
On the downside, if Bank Nifty fails to hold and breaks below the 55450–55400 zone, it could trigger a bearish move toward 55250, 55150, and 55050.
Expect consolidation near key levels. Wait for breakout or breakdown confirmation before entering trades. Use tight stop-loss and book profits at each target.
[INTRADAY] #BANKNIFTY PE & CE Levels(28/05/2025)Today, Bank Nifty is expected to open flat near the 55350–55400 zone. If it sustains above 55550, bullish momentum can be expected with upside targets of 55750, 55850, and 55950+.
If the index starts falling below 55450–55400, it may trigger a bearish move with downside targets at 55250, 55150, and 55050.
Further weakness can be seen if Bank Nifty breaks below 54950, leading to extended targets of 54750, 54650, and 54550.
On the other side, if Bank Nifty reclaims and sustains above 55050–55100, fresh buying can be considered with potential upside toward 55250, 55350, and 55450+.
[INTRADAY] #BANKNIFTY PE & CE Levels(27/05/2025)Today, Bank Nifty is expected to open flat near the 55550 level. If it sustains above 55550, we may see further bullish momentum with upside targets of 55750, 55850, and 55950+. This breakout level may trigger strong buying interest.
On the downside, if Bank Nifty fails to hold above 55550 and drops below the 55460–55400 zone, then a bearish move may be seen toward 55250, 55150, and 55050 levels.
If it slips further below 55100, another buying opportunity may come near the 55050–55100 zone for a possible bounce targeting 55250, 55350, and 55450+.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/05/2025)Today, Bank Nifty is expected to open with a gap-up above the 55550 level. If it sustains above this zone, we may see a strong upside rally toward 55750, 55850, and 55950+. This level breakout can trigger bullish momentum for the session.
However, if Bank Nifty fails to hold above 55550 and slips below 55450–55400, then a short trade opportunity arises with downside targets at 55250, 55150, and 55050.
Further weakness can be expected only if Bank Nifty breaks below 54950, opening downside levels of 54750, 54650, and 54550.
BANKNIFTY : Trading levels and Plan for 26-may-2025📊 Bank Nifty Trading Plan – 26-May-2025
Timeframe: 15 Min | Reference Spot Price: 55,389
Gap Opening Threshold: 200+ Points
🚀 Gap-Up Opening (Above 55,589) – 200+ Points
If Bank Nifty opens above 55,589, it will directly enter or hover near the crucial Opening Resistance Zone of 55,417–55,510 and potentially head toward the upper Profit Booking Zone: 55,834–55,999.
🟥 This zone has shown signs of supply in the past and may act as a trap for early breakout buyers if price action isn't strong.
✅ Plan of Action:
– Avoid aggressive longs immediately after the gap-up.
– Wait for price to sustain above 55,510 and then break and close above 55,834 on a 15-min candle to confirm strength.
– If this happens, you may look for long entries targeting 55,999 – 56,065 with stop loss just below 55,700.
– However, if Bank Nifty faces rejection in the red zone (55,834–55,999), then Sell-on-Rise opportunity can be considered with a downside target back to 55,510 – 55,417 and eventually 55,136.
– Use a bearish reversal pattern (like Evening Star or Engulfing) in the red zone to trigger shorts.
🎓 Educational Insight: A gap-up into resistance often gives a false breakout if momentum and volume are not supportive. Always wait for confirmation before going long.
📈 Flat Opening (Between 55,189 – 55,589)
This keeps Bank Nifty between the Opening Support (55,136) and the Opening Resistance Zone (55,417–55,510).
🟧 This is the choppy zone. Expect mixed emotions in the market during the first 15–30 mins.
✅ Plan of Action:
– Avoid early trades in the first 15–30 mins.
– Wait for directional cues.
– If price holds above 55,417 and gives a strong bullish breakout above 55,510, you can ride a potential move toward 55,834–55,999.
– On the downside, if price slips below 55,136, expect momentum to pick up toward 55,005 and possibly 54,758.
– Only trade if clear breakout or breakdown candle appears with volume support.
🎓 Educational Insight: Most fake breakouts happen in flat openings. Let the market show its hand—follow only when structure and strength align.
📉 Gap-Down Opening (Below 55,189) – 200+ Points
A gap-down below 55,189 would bring prices near key demand zones: Opening Support: 55,136, Intraday Support: 55,005, and Last Strong Support: 54,758.
🟩 These levels can either absorb the fall and bounce or lead to further decline if broken decisively.
✅ Plan of Action:
– Observe price action near 55,005 and 54,758.
– If bullish reversal candles (like hammer or bullish engulfing) form and price sustains above support, consider a long setup targeting a bounce back to 55,136 – 55,417.
– On the other hand, if price decisively breaks 54,758, then consider short entries with next downside target in swing low regions (can extend 100–150 pts down).
– Stop loss for longs: below 54,700.
– Stop loss for shorts: above 54,850.
🎓 Educational Insight: Gap-downs to support can offer great R:R long entries if price shows strength. But wait for candle structure to confirm reversal before entering.
🛡️ Options Trading – Risk Management Tips
✅ Don’t rush into trades at the open —allow price structure to develop.
✅ Use slightly ITM options instead of deep OTM for better delta movement and less decay.
✅ Don’t overleverage —risk only 1–2% of your capital per trade.
✅ Always define your stop loss based on spot levels , not just the option premium.
✅ Exit after 2 consecutive stop-losses to maintain discipline and emotional stability.
✅ Book partial profits as the trade moves in your favor and trail SL for the rest.
✅ Avoid chasing momentum blindly ; volume and structure confirmation are key.
📌 Summary & Conclusion
🔹 Opening Resistance Zone: 55,417 – 55,510
🔹 Profit Booking Zone: 55,834 – 55,999
🔹 Opening Support: 55,136
🔹 Last Intraday Support: 55,005
🔹 Final Strong Support: 54,758
📈 For Gap-Ups, watch for price rejection near upper zones or breakouts beyond 55,999.
📉 For Gap-Downs, reversal setups at 55,005 or 54,758 are key—don’t short blindly.
🕒 In Flat Openings, let the market settle for 15–30 minutes. Trade only on confirmation.
⚖️ Best trades occur when price moves away from zones with proper volume, pattern, and structure alignment .
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This trading plan is intended purely for educational purposes. Please do your own analysis or consult a SEBI-registered advisor before initiating any trades.
Bank Nifty 54,800–55,600 As we all know, Bank Nifty is highly sensitive and tends to react quickly to news events.
Currently, there is ongoing conflict between India and Pakistan, which has caused Bank Nifty to open with consistent gap-downs, followed by rangebound movement for the rest of the day.
However, recent developments indicate that Pakistan has realized it cannot continue the conflict without risking being removed from the global map. As a result, they are now ready for a ceasefire.
As I said, Bank Nifty is very sensitive, hence we can see a good gap-up opening.
Bank Nifty can jump towards the 0.886 Fibonacci level, which is nothing but 54,800–55,600 zone.
Traders should remain cautious but optimistic, and watch key levels carefully.
Bank Nifty Breakout 56100 or breakdown 54250 .. what next !!Bank Nifty Technical Outlook:
Bank Nifty is currently forming a lower high and higher low pattern, indicating a symmetrical triangle formation. The trading range is getting increasingly narrower, suggesting that a decisive breakout is imminent on either side.
Downside Scenario:
If Bank Nifty breaks down below 54,200, we could see a retracement towards the 52,930 – 52,300 levels, where multiple virgin CPRs (Central Pivot Ranges) are present, potentially acting as support zones.
Traders should closely monitor price action near the current range boundaries for confirmation of direction.
BankNifty Intraday Support & Resistance Levels for 11.04.2025🔄 Quick Recap since the last update (21.03.2025):
BankNifty rallied to a high of 52,063.95 on 25th March, piercing through the earlier mentioned Weekly Supply Zone by 84 points. But the bullish momentum was short-lived. Following Trump’s tariff announcement, BankNifty plunged sharply, dropping over 2,800 points to hit a low of 49,156.95 on 7th April.
🌍 Global sentiment has been shaken, but signs of recovery are emerging. Dow Futures have rebounded 4,000 points (10%), currently trading around 40,700 — a hopeful sign, but volatility remains elevated.
📅 On Wednesday (09.04.2025):
BankNifty opened with a gap-down, hit high of 50,496.90, and made a low at 49,910.85 before settling at 50,240.15, down 271 points for the day.
🔹 Trend Analysis:
Weekly Trend (50 SMA): Sideways
Daily Trend (50 SMA): Sideways
📉 Demand/Support Zones
Near Demand/Support (75m): 49,215.95 – 49,698.05
Gap Support (Daily Chart): 48,354.15 – 48,629.45
Far Support: 47,700 – 47,850 (multiple time tested on Daily Chart)
Major Support: 46,077.85 (Low of 4th June 2024)
Far Demand/Support (Daily): 44,633.85 – 45,750.40
📈 Supply/Resistance Zones
Near Supply (30m): 51,360.40 – 51,559.20 (Inside Daily Supply)
Near Supply (Daily): 51,360.40 – 51,893.60
Far Supply (Weekly): 52,264.55 – 53,775.10
🔍 Outlook:
With both trends turning sideways, BankNifty remains in a consolidation phase. Bulls are currently trapped under a strong resistance zone starting from 51,360, while downside support begins near 49,200.
Considering the volatile global setup, we may see a range-bound move with sharp intraday swings. The index must cross 51,900 decisively for any further upside. Until then, sell-on-rise near supply and buy-on-dip at demand continues to be the approach. Stay cautious. Trade levels, not emotions.
📢 Disclaimer: This analysis is intended for educational purposes only. It is not investment advice. Please consult your financial advisor before making any trading decisions.
BANKNIFTY : Trading Levels and Plan for 31-Mar-2025📌 BANK NIFTY Trading Plan – 31-Mar-2025
📊 Market Overview:
Bank Nifty closed at 51,552, trading within a consolidation phase near the Opening Support/Resistance Zone (51,552 – 51,564). The price action at key levels will dictate the next move, so we need to be prepared for different opening scenarios.
This plan offers a structured approach to trading at key levels while maintaining a favorable risk-reward ratio.
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,750)
A gap-up above 51,750 suggests bullish momentum, but sustainability above the resistance zone (51,848 - 52,129) is crucial for further upside. If price faces rejection, an intraday reversal is possible.
✅ Plan of Action:
If Bank Nifty sustains above 52,129, expect an up-move towards the next resistance at 52,335. A breakout above 52,335 could trigger a rally towards 52,500+.
If price faces rejection at 52,129 and reverses, expect a retracement towards 51,848 → 51,750. If it fails to hold 51,750, a deeper correction towards 51,552 is possible.
Avoid fresh longs inside 51,848 – 52,129, as this zone could act as a profit-booking area. Wait for a decisive breakout or rejection confirmation.
🎯 Pro Tip: If the gap-up is quickly filled within the first 15-30 minutes, it signals weak buying strength, increasing the probability of an intraday correction.
⚖ Scenario 2: Flat Opening (Within ±200 points, around 51,550)
A flat opening near 51,552 indicates indecision. The market will take direction after the first few candles, so breakouts or breakdowns from key levels should be watched.
✅ Plan of Action:
Upside case: If Bank Nifty breaks and sustains above 51,848, it may head towards 52,129 → 52,335. Observe price action near these resistance levels before entering fresh longs.
Downside case: If Bank Nifty breaks below 51,552, it could test 51,199 → 50,899. A breakdown below 50,899 will shift the trend bearish.
Sideways caution: If the market remains inside the No Trade Zone (51,564 – 51,848), avoid taking trades as volatility could trap both buyers and sellers.
🎯 Pro Tip: In a flat opening, wait for a clear 15-minute candle close above or below key levels before entering trades.
🔽 Scenario 3: Gap-Down Opening (200+ points below 51,350)
A gap-down below 51,350 could signal profit booking or fresh selling pressure. The critical factor will be whether buyers defend key support zones.
✅ Plan of Action:
If price sustains below 51,350, expect a decline towards 51,199 → 50,899. A breakdown below 50,899 may accelerate selling towards the Must Try Zone for Buyers (50,800 – 50,899).
If price finds support at 50,899 and rebounds, it may attempt a recovery towards 51,199 → 51,552. A strong close above 51,552 could shift momentum back to the bulls.
Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to an upside reversal.
🎯 Pro Tip: If the gap-down occurs near a strong buyer’s support zone, wait for a bullish price action confirmation before entering long trades.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Use proper position sizing to manage risk.
🔹 Theta Decay Awareness – If the market consolidates, option premiums will erode rapidly.
🔹 Use Spreads for Protection – Instead of naked options, use spreads to limit risk and improve probability.
🔹 Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 52,129 → 52,335 → 52,500
🟧 No Trade Zone: 51,564 – 51,848
🟩 Support: 51,199 → 50,899 → 50,800
🔸 Bullish Bias: Above 52,129, targeting 52,335 – 52,500
🔸 Bearish Bias: Below 51,350, expecting a fall towards 51,199 – 50,899
🔸 Neutral/Choppy: Inside 51,564 – 51,848, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
BANKNIFTY - Trading Levels and Plan for 28-Mar-2025📌 BANK NIFTY Trading Plan – 28-Mar-2025
📊 Market Overview:
Bank Nifty closed at 51,534, consolidating within a No Trade Zone after a sharp rally. The index is currently at a decision point, where price action at key levels will determine the next move.
This structured plan will help you trade effectively under different opening conditions.
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,750)
A gap-up opening above 51,750 would place Bank Nifty near the Opening Resistance Zone (51,851). The key focus should be on whether the index sustains above resistance or faces rejection.
✅ Plan of Action:
If Bank Nifty sustains above 51,851, it could trigger a rally towards the Profit Booking Zone (52,185 – 52,335). A breakout above this level may extend gains to 52,500+.
If price faces rejection at 51,851 and reverses, it could lead to a pullback towards 51,593 → 51,534. Watch for support confirmation before taking any long positions.
Avoid aggressive longs inside 51,750 – 51,851, as this area could witness profit booking. Wait for a proper retest before entering trades.
🎯 Pro Tip: If the gap-up gets filled within 15 minutes, it signals weak buying strength and may lead to intraday correction.
⚖ Scenario 2: Flat Opening (Within ±200 points, around 51,534)
A flat opening suggests that market participants are waiting for confirmation before taking decisive action. In such cases, it's best to trade only at key breakout/breakdown levels.
✅ Plan of Action:
Upside case: If Bank Nifty breaks and sustains above 51,593, it could move towards 51,750 → 51,851. Observe the price action at these levels before deciding on further longs.
Downside case: If Bank Nifty breaks below 51,534, it could test 51,388. A breakdown below 51,388 may trigger selling towards 51,205.
Sideways caution: If the index trades between 51,534 – 51,593, it indicates a choppy market. Avoid trading inside this range unless there is a clear breakout.
🎯 Pro Tip: In a flat opening scenario, wait for at least one 15-minute candle close to confirm the direction before entering a trade.
🔽 Scenario 3: Gap-Down Opening (200+ points below 51,334)
A gap-down below 51,334 could indicate weakness and profit booking, bringing the index closer to key support zones. The next move depends on whether buyers defend these supports.
✅ Plan of Action:
If price sustains below 51,334, expect a decline towards 51,205. A breakdown below 51,205 could lead to a deeper correction towards the Buyer’s Support Zone (50,987 – 50,891).
If price rebounds from 51,205, it may attempt a recovery towards 51,388 → 51,534. A strong close above 51,534 could invalidate bearish sentiment.
Be cautious of bear traps – If price quickly recovers after a sharp gap-down, it may indicate short covering, leading to an upside reversal.
🎯 Pro Tip: If the gap-down occurs near a strong buyer’s support zone, look for signs of reversal before initiating new shorts.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Stick to a fixed capital allocation per trade to reduce risk.
🔹 Theta Decay Awareness – If the market consolidates, option premiums will decay rapidly, impacting option buyers.
🔹 Use Spreads for Protection – Instead of naked options, use spreads to control risk.
🔹 Trade at Key Levels – Avoid random trades; enter only near strong support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 51,851 → 52,185 → 52,335
🟧 No Trade Zone: 51,534 – 51,593
🟩 Support: 51,388 → 51,205 → 50,987
🔸 Bullish Bias: Above 51,851, targeting 52,185 – 52,335
🔸 Bearish Bias: Below 51,334, expecting a fall towards 51,205 – 50,987
🔸 Neutral/Choppy: Inside 51,534 – 51,593, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid FOMO trades—wait for confirmation before entering.
The first 15-30 minutes after market open will give a clearer direction—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
BANKNIFTY : Levels and Plan for 27-Mar-2025
📊 Current Market Status:
Bank Nifty closed at 51,180.70, showing a slight decline after testing resistance zones. The index is currently in a critical decision zone, where price action at key levels will determine the next directional move.
Let’s analyze the trading plan for different opening scenarios and set up a structured approach to trade safely.
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,400)
If Bank Nifty opens above 51,400, it will directly test the Opening Resistance (51,424 – 51,564). This zone has previously acted as a supply area, so we need to see if bulls can sustain above it.
✅ Plan of Action:
If price sustains above 51,564, it can trigger further upside momentum towards 51,851 (Last Intraday Resistance). A breakout above 51,851 may lead to a sharp rally towards 52,100+ levels.
If price gets rejected at 51,564 and starts reversing, look for shorting opportunities, targeting 51,424 → 51,271 → 51,180.
Avoid aggressive long trades if price fluctuates within 51,424 – 51,564 (sideways resistance), as this could indicate a choppy range.
🎯 Pro Tip: If the gap-up is weak and starts filling within 15 minutes, expect a retracement towards the Opening Support (51,218 – 51,271) before making a trading decision.
⚖ Scenario 2: Flat Opening (Within ±200 points, around 51,180)
A flat opening suggests a balanced market, and Bank Nifty will need confirmation before picking a clear direction.
✅ Plan of Action:
Upside case: If Bank Nifty breaks above 51,424, we could see a move towards 51,564, where price action must be observed for further bullish strength.
Downside case: If price breaks below 51,218, expect a retest of the Opening Support Zone (50,904 – 51,218). A breakdown below this zone can trigger selling towards 50,522.
Neutral/Wait & Watch: If the index trades inside the No Trade Zone (50,904 – 51,218), avoid unnecessary trades.
🎯 Pro Tip: A flat opening often leads to fake breakouts in the first 15 minutes. Wait for a confirmed breakout with volume before entering.
🔽 Scenario 3: Gap-Down Opening (200+ points below 50,900)
If Bank Nifty opens below 50,900, it will enter a high-risk zone, with major support at 50,522 (Wave 4 Upper Band).
✅ Plan of Action:
If price sustains below 50,904, expect a test of 50,522. A further breakdown could lead to heavy selling towards 50,300 – 50,100 levels.
If price takes support at 50,522 and rebounds, look for a possible pullback trade, targeting 50,904 → 51,180.
Be cautious of bear traps—if price quickly reverses after a sharp gap-down, it might indicate a short-covering rally.
🎯 Pro Tip: In a gap-down scenario, avoid panic selling. Watch for reversals from key support levels before shorting further.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Keep your position sizing in check to prevent excessive losses.
🔹 Theta Decay Awareness – If the market is consolidating, option premiums will decay rapidly.
🔹 Hedge Your Trades – Instead of naked options, use spreads to reduce risk.
🔹 Wait for Confirmation – Don't enter trades impulsively; wait for a breakout or breakdown retest.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 51,424 → 51,564 → 51,851 → 52,100
🟧 No Trade Zone: 50,904 – 51,218
🟦 Support: 50,904 → 50,522 → 50,300
🔸 Bullish Bias: Above 51,564 for targets of 51,851 – 52,100
🔸 Bearish Bias: Below 50,904 for a move towards 50,522 – 50,300
🔸 Neutral/Sideways: If price stays between 50,904 – 51,218, expect range-bound action.
🎯 Final Advice:
Stick to the plan, follow key levels, and don't chase trades.
Avoid trading inside No Trade Zones.
Let the market settle for 15-30 minutes before making aggressive moves.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please do your research or consult a financial advisor before making trading decisions.
BANKNIFTY : Intraday Trading levels and Plan for 25-Mar-2025🧠 Bank Nifty Trading Plan – 24th March 2025 (Educational & Action-Oriented)
Chart Timeframe: 15-Min | Analysis based on key price behavior and support-resistance zones.
🔍
📈 GAP-UP Opening (Above 50,904 – 51,218)
If Bank Nifty opens with a strong gap-up above the Opening Resistance of 50,904, prices will be entering a retracement resistance zone up to 51,218.
✅ Plan of Action:
• Watch for price exhaustion near 51,218 – a zone where sellers may attempt to trap late buyers.
• Avoid aggressive buying at open. Instead, wait for a rejection candle (like an inverted hammer or bearish engulfing) near resistance.
• If reversal signs appear, look for Put Option entries (OTM PE) with tight SL above 51,250 on 15-min close.
• Bullish continuation only above 51,218 with strong volume. That opens upside targets towards fresh highs.
🛑 Avoid chasing CE after gap-up unless there's a retest and breakout above 51,218.
📌 Key Zone to Watch: 50,904 – 51,218
📊 FLAT Opening (Near 50,460 – 50,570)
Opening near the resistance/support band of 50,462 – 50,570 could lead to consolidation initially.
✅ Plan of Action:
• First 15–30 minutes: Let price settle. If it holds above 50,570, we may see an up move towards 50,904.
• If price breaks below 50,462, expect quick profit booking, and the index may fall toward the green support zone (50,111 – 50,216).
• This is a stock-specific intraday day. Avoid index scalping unless directional clarity comes after first 30 min.
💡 Tip: Straddle players may enjoy decay here, but don't hold beyond consolidation breakout.
📌 Key Levels:
Support: 50,462 – 50,216
Resistance: 50,570 – 50,904
📉 GAP-DOWN Opening (Below 50,216 or 50,111)
A bearish open below the Opening Support Zone (50,111 – 50,216) indicates potential for sharp intraday correction.
✅ Plan of Action:
• Immediate demand may be seen around Last Intraday Support (50,111) or deeper at Buyer's Support 49,852.
• Watch for reversal candles near these zones. A bullish engulfing or pin bar here offers good risk/reward Call buying opportunities.
• SL for CE entry should be below 49,800 on 15-min candle close.
• If 49,852 breaks, expect a sharp selloff. Stay away from longs. Look for PE entries targeting 49,500.
🟢 Safer CE trades only if price respects 50,111 or 49,852 with volume spike.
📌 Important Zones:
• Demand: 50,111 & 49,852
• Breakdown Trigger: Below 49,800
🧰 Risk Management Tips for Options Traders:
• Never go all-in at open – wait for confirmation from first 15–30 min candle.
• Use hedged strategies like bull call spreads or bear put spreads to limit loss and reduce theta decay.
• Respect SL strictly based on 15-min closing levels.
• If VIX is high, premiums will move fast. Trade light, exit early.
• Never average losing trades, especially in options.
📌 Summary & Conclusion:
For 24-Mar-2025, Bank Nifty's range has shifted upwards with new key zones in focus.
Watch for reaction near 50,904 & 51,218 for reversal signals.
Support remains strong near 50,111 & 49,852.
Let the market open, show intent, and only then enter. Patience = Profit!
⚠️ Disclaimer: I am not a SEBI-registered analyst. All views shared are for educational purposes only. Please consult your financial advisor before making any trading decisions.
BANKNIFTY : Trading Levels and Plan for 21-Mar-2025📅 BANK NIFTY Trading Plan – 21-Mar-2025
📍 Reference Close: 49,993.80
📊 Chart Context: Bank Nifty is trading just below a crucial consolidation zone after a strong uptrend. Now, price is near a likely decision point, where either profit booking or another leg of rally may unfold.
📌 Opening Scenario 1: GAP-UP Opening (200+ Points)
🟢 Expected Opening Zone: 50,200 – 50,350+
A gap-up above 50,113 opens the day inside or above the Profit Booking / Consolidation Zone (50,009 – 50,113).
If Bank Nifty opens near 50,200 – 50,350 , be cautious of profit booking and wick rejections.
Price needs to sustain above 50,498 for a fresh breakout. If sustained, we may see an attempt to move toward 50,600+.
In case price struggles and forms bearish candles near 50,113 – 50,200 , short trades can be initiated with stop loss above 50,498 , targeting 49,848 and 49,628 .
🎯 Educational Tip: Avoid chasing trades during a gap-up unless price sustains above key resistance levels with a breakout-retest confirmation.
📌 Opening Scenario 2: FLAT Opening (Within 49,950 – 50,050)
🟠 Expected Opening Zone: 49,950 – 50,050
Flat openings require a wait-and-watch approach during the first 15–30 mins.
Monitor price behavior around 50,009 – 50,113 zone . If price consolidates here without breakout, it could be a signal for sideways to negative bias.
Shorting opportunity arises if price fails to break 50,113 and closes below 49,993 with strong bearish candles – downside targets are 49,848 → 49,628 .
For bullish bias, price must give a sustained move and 15-min close above 50,113 – in that case, expect a potential rally towards 50,498+ .
🎯 Educational Tip: During flat opens, let the market form its direction. Don’t pre-empt moves – instead, trade the reaction to key levels.
📌 Opening Scenario 3: GAP-DOWN Opening (200+ Points)
🔻 Expected Opening Zone: 49,700 – 49,500
Gap-downs into or below Opening Resistance Zone (49,572 – 49,628) need to be observed for reaction.
If price reclaims and sustains above 49,628 , it indicates strength and a chance to move toward 49,848 and possibly 49,993 .
If rejection happens from this zone and price stays below 49,572 , expect further downside toward 49,116 (Last Informed Demand Zone).
Avoid aggressive shorting on open – wait for retest and rejection from resistance to maintain risk-reward.
🎯 Educational Tip: On gap-down days, markets often trap early sellers. Always wait for price confirmation before entering the trade.
🛡 Risk Management Tips for Options Traders 💡
Do not buy deep OTM options, especially post 11:00 AM – time decay works against you.
Prefer spreads (like Bull Call or Bear Put) if expecting directional move with limited risk.
Set pre-defined stop losses and maximum loss per day (1–2% of capital).
Avoid revenge trading. One missed trade is better than blowing your capital.
Use higher time frame confirmation (like 15-min or hourly) before taking position.
Avoid holding weekly options overnight unless well in-the-money and hedged.
✅ Summary & Conclusion:
📍 Key Resistance Zones: 50,113 → 50,498
📍 Support Zones: 49,848 → 49,628 → 49,116
📍 The market is at a potential turning zone. React to price action at key levels rather than predicting.
📍 Maintain patience during first 30 minutes and wait for clean structure formation.
📍 Follow strict discipline with entries, exits, and stop losses.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . This plan is created for educational and learning purposes only. Please do your own research or consult a registered financial advisor before making trading decisions. Always trade with proper risk management. 🙏
BankNifty Intraday Support & Resistance Levels for 21.03.2025🔎 Market Recap:
On Thursday, BankNifty opened gap-up, dipped to a low of 49,771.65, and then rallied to a high of 50,155.30, penetrating deep into the Daily Supply Zone (49,703.10 - 50,641.75). It closed at 50,062.85, gaining 360 points over the previous close.
📉 Trend Analysis:
Weekly Trend (50 SMA): Turned sideways from negative, but confirmation depends on Friday’s close.
Daily Trend (50 SMA): Sideways.
📉 Demand/Support Zones
Near Demand/Support (15m): 49,394.40 - 49,546.60
Near Demand/Support (15m): 49,249.15 - 49,309.55
Far Demand/Support (75m): 48,908.20 - 49,125.55
Far Demand/Support (125m): 48,288.30 - 48,481.35
Far Support: Around 47,850 (Multiple Daily Chart supports)
Far Support: 46,077.85 (Low of 4th June 2024)
Far Demand/Support (Daily): 44,633.85 - 45,750.40
📈 Supply/Resistance Zones
Near Supply/Resistance (Daily): 49,703.10 - 50,641.75 (Currently trading inside)
Far Supply/Resistance (Weekly): 50,485.05 - 51,979.75 (Tested once)
Far Supply/Resistance (Weekly): 52,264.55 - 53,775.10
💡 Outlook:
BankNifty is now inside a major Daily Supply Zone, making this a key resistance area to watch. If price sustains above 50,641, we could see a continuation toward the Weekly Supply Zone at 51,979. However, failure to break this zone could trigger a retracement toward 49,400 - 49,250.
📢 Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Trading and investing in the stock market involve risk, and past performance does not guarantee future results. Always conduct your own research and consult with a certified financial advisor before making any trading decisions. The author is not responsible for any financial losses incurred based on this analysis.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/03/2025)Today will be gap up opening expected in banknifty. After opening if banknifty starts trading above 50050 level then expected strong further upside rally upto 50450+ level. Any downside movement only expected if banknifty starts trading below 49450 level in today's session.
BANKNIFTY : INTRADAY ACTION PLAN – 20-Mar-2025🔔 BANKNIFTY INTRADAY ACTION PLAN – 20-Mar-2025
📊 Timeframe: 15 Min | 📅 Date: Thursday, 20-Mar-2025
📍 Reference Close: 49,727
📏 Gap Opening Reference: 200+ points
📈 1. GAP-UP Opening Scenario (Opening Above 49,900)
If BANKNIFTY opens above 49,900 (200+ pts gap-up), it will enter the red supply zone near Profit Booking / Consolidation Zone: 50,009 – 50,113 .
✅ Action Plan:
- Avoid aggressive longs directly at the open.
- Wait and watch for signs of rejection or exhaustion near 50,009–50,113 .
- If price starts forming lower highs or a reversal pattern (like bearish engulfing or pin bar), consider short trades with a stop loss above 50,113 .
- Safe traders should wait for a break below 49,845 to confirm short momentum.
💡 Insight: This zone has high probability of profit booking and trap formations for late buyers.
📊 2. FLAT Opening Scenario (Within 49,600 – 49,800 range)
If BANKNIFTY opens flat, likely between Opening Resistance: 49,448 – 49,513 and 49,727 :
✅ Action Plan:
- This is the most strategic opening zone—allow the price to settle for first 15–30 mins .
- A bullish breakout above 49,845 with volume can trigger a long entry towards 50,009+ , but do not chase without confirmation.
- If rejection occurs at 49,845 , short trades with target towards 49,448–49,116 are possible.
- Breakdown below 49,513 may trigger a gradual move towards 49,116 / 48,864 .
💡 Insight: This is a reactive zone. Follow market structure and avoid overtrading in chop.
📉 3. GAP-DOWN Opening Scenario (Opening Below 49,500)
If BANKNIFTY opens with a gap-down of 200+ points, below 49,500 :
✅ Action Plan:
- Watch support zones at 49,116 (first support) and 48,864 (strong support).
- If prices hold above 49,116 and show reversal candles, consider intraday long with tight SL below 48,864 .
- If price sustains below 48,864 with volume, expect further downside—do not try to bottom-fish blindly.
💡 Insight: Gap-downs often trap weak hands. Let the structure develop before acting.
⚠️ OPTIONS TRADING – RISK MANAGEMENT TIPS:
Use defined stop losses based on 15/30 min candle close. Avoid emotional exits.
Prefer in-the-money (ITM) options during trending moves for better delta and stability.
Avoid buying options when IV is high—especially after big gap openings.
Consider hedged strategies like bull/bear spreads to protect against volatility crush.
Keep risk per trade under 2% of capital to ensure survival over the long term.
📌 Summary & Conclusion:
Above 49,845: Watch for exhaustion → potential short near 50,009–50,113
Flat Zone: Wait for either breakout (49,845) or breakdown (49,513) confirmation
Below 49,116: Last supports lie at 48,864 – key zone to avoid catching falling knives
🚀 Let the price show intent. React smartly. Avoid trading just because the market is open.
📢 Disclaimer: I am not a SEBI-registered analyst . This post is for educational purposes only. Please consult your financial advisor before taking any position.
BankNifty Intraday Support & Resistance Levels for 20.03.2025Market Recap:
On Wednesday, BankNifty opened gap-up, dipped to a low of 49,324.80, and then rallied to a high of 49,807.55, entering both the 75m & Daily Supply Zones. It closed flat at 49,702.60, gaining 388 points from the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) has turned sideways from negative.
Demand/Support Zones
Near Demand/Support Zone (15m): 49,249.15 - 49,309.55
Near Demand/Support Zone (75m): 48,908.20 - 49,121.05
Near Support: Around 47,850 (Multiple supports on the Daily Chart)
Far Support: 46,077.85 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 49,665.95 - 49,829.40 (Tested)
Near Supply/Resistance Zone (Daily): 49,703.10 - 50,641.75 (Tested)
Far Supply/Resistance Zone (Weekly): 50,485.05 - 51,979.75 (Tested)
Outlook
As highlighted in the previous post, BankNifty showed strong bullish momentum and even surpassed the 49,500 mark, as anticipated. However, the short-term trend is now in the overbought zone.
🚨 With multiple supply zones nearby and BankNifty testing the 75m & Daily Supply Zones today, a pullback or correction is possible. Caution is advised when going long at these levels.