BankNifty levels - Mar 26, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
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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 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 : Trading Levels and Plan for 19-March-2025🔥 BANK NIFTY – Intraday Trading Plan for 19-Mar-2025
📍 CMP: 49,383.80
📊 Chart Timeframe: 15-Min
📘 Scenario 1: GAP-UP Opening (200+ points)
If BANK NIFTY opens above 49,585, it will open within or near the upper boundary of the Profit Booking Zone (49,845 – 50,113) .
Opening directly in the Profit Booking Zone usually leads to short-term exhaustion due to profit-taking from recent long positions. Avoid aggressive long positions in the first 15 minutes; instead, monitor for reversal signs such as bearish engulfing or evening star near 49,900–50,100. If the index forms a tight consolidation or fake breakout within the red zone, a short trade can be considered with a stop above 50,120, targeting a retest of 49,585 and possibly 49,513. On the flip side, if price breaks above 50,113 with strong bullish volume and sustains for 15–30 minutes, a fresh uptrend may emerge. In that case, switch bias to buy-on-dips with SL below 50,000.
🧠 Educational Note: After a large gap-up, the early euphoria often fades. Wait for the first trap—either a breakout trap or breakdown trap—to reveal the true direction.
📗 Scenario 2: FLAT Opening (within 100–150 pts)
A flat to mild gap opening around 49,300 – 49,400 keeps the index close to the Opening Resistance zone: 49,448 – 49,513 .
This area may act as a strong inflection point. Watch how price reacts in the first 15 minutes around this resistance. If price breaks above 49,513 with volume and retests this zone successfully, it could head toward 49,845. Conversely, if rejection happens around 49,448–49,513, short opportunities open up with targets at 49,041 and 48,864. Do not take trades within a narrow range unless price gives a clean breakout or breakdown.
🧠 Educational Note: When the market opens flat after a trending day, expect rangebound movement early on. Let it break the opening structure before placing bets.
📙 Scenario 3: GAP-DOWN Opening (200+ points)
In case BANK NIFTY opens below 49,100, it will be around the Opening Support zone: 49,041 – 49,006 or even closer to the Last Intraday Support at 48,864 .
Aggressive selling at open should be avoided unless price breaks below 48,864 decisively. Look for signs of reversal around 49,006 or 48,864. If the market forms double bottom or bullish hammer with a strong follow-up candle, intraday recovery trades may work well. Upside targets in a bounce can be 49,300 and 49,448. If price fails to hold 48,864, expect a decline towards 48,700 – 48,550 zone. Stick to directional trades only after a 15-min candle close below key support.
🧠 Educational Note: Gap-downs often cause panic, but panic selling near support zones can give excellent risk-reward reversal trades. Wait for candle confirmation.
💡 Risk Management Tips for Options Traders 🛡️
✅ Use spreads (e.g., bull call or bear put spreads) to reduce risk from premium erosion.
✅ Avoid overtrading post-gap moves; trade only after structure is confirmed.
✅ Avoid buying OTM options blindly after a gap opening; they lose value fast.
✅ Follow 1:2 or better risk-reward setups. Don’t chase profits.
✅ Place stop-losses based on candle close, not ticks.
✅ Use position sizing to manage risk—don’t risk more than 1–2% of capital per trade.
✅ Don’t average losing option positions. Exit fast if view is invalidated.
📊 Summary & Conclusion
📌 Resistance Zones:
🔺 49,448 – 49,513 (Opening Resistance)
🔺 49,845 – 50,113 (Profit Booking Zone)
📌 Support Zones:
🟩 49,041 – 49,006 (Opening Support)
🟩 48,864 (Last Intraday Support)
🔄 Key Actionable Plan:
— For gap-up, wait for reversal signs in profit booking zone.
— For flat open, focus on breakout or rejection near opening resistance.
— For gap-down, look for reversal near support unless breakdown happens.
🎯 Trade the reaction, not the expectation. Let the price action unfold near key zones, and only then initiate trades with tight stop losses and proper risk reward.
⚠️ Disclaimer: I am not a SEBI registered analyst. This analysis is shared for educational purposes only. Please consult your financial advisor before making any investment or trading decisions.
BANKNIFTY : Intraday Trading Levels and Plan for 18-Mar-2025📅 BANK NIFTY INTRADAY TRADING PLAN – 18th March 2025 (Tuesday)
📊 Chart Timeframe: 15 Min | Reference Closing: 48,347
🔍 Chart Structure Summary:
Bank Nifty closed near the higher band of the No Trade Zone (48,267–48,457). We have a clear structure forming, with important supply and demand levels on both sides. Watch closely how price behaves near Opening Resistance and Buyers’ Support Zones to frame directional trades.
🟥 GAP-UP OPENING (200+ points): Above 48,550+)
If Bank Nifty opens with a big GAP-UP above 48,550, we’ll likely open directly near or above the Last Intraday Resistance Zone (48,639–48,708).
In this case, avoid aggressive buying at open. Wait for a pullback near 48,457–48,550, if supported, fresh longs can be considered.
Target zone becomes Profit Booking Range: 48,834 – 48,894. Only if price sustains above 48,708 for 15-min, then momentum may carry us to 48,894. Book profits gradually. Avoid fresh shorts unless there’s a reversal candle from 48,834+ range.
🧠 Educational Note: Never chase gaps blindly. Let the price cool off and give confirmation around structure zones.
🟨 FLAT OPENING (within 48,267–48,457): No Trade Zone
A flat opening inside the yellow “No Trade Zone” demands caution.
Avoid trading immediately at the open if price is between 48,267–48,457. This area has been consolidation-heavy and may trigger whipsaws. Wait for a breakout above 48,457 to initiate longs with a potential move towards 48,639–48,708. If price breaks below 48,267 with volume, expect a slide towards Last Intraday Support at 48,105.
🧠 Tip: First 30 mins is often a trap in tight-range zones. Let price action confirm strength/weakness before entering.
🟩 GAP-DOWN OPENING (200+ points): Below 48,100)
A gap-down opening near or below 48,105 or 47,950 can offer strong intraday opportunities.
If price opens near Buyers’ Support Zone (47,873–47,944) and shows reversal patterns, go long with SL below 47,873. Upside target can be 48,105 initially and if sustained, then 48,267. On the contrary, if 47,873 breaks convincingly, sellers may drive prices toward 47,700–47,600 zone. Wait for structure to form before picking direction.
🧠 Insight: Buyer zones are often tested with false breakdowns—wait for hourly candle closure to confirm breakdown.
📘 Risk Management Tips for Option Traders:
💡 Trade near structure zones. Avoid trading based purely on option premiums. Always define stop-loss levels before entering a trade. Avoid selling deep OTM options blindly during directional moves. Time decay (Theta) is your enemy in sideways markets—trade only when direction is clear. Position sizing is key—don't risk more than 1–2% of your capital per trade.
📌 Summary & Conclusion:
✅ Key Resistance Levels: 48,457 / 48,708 / 48,894
✅ Key Support Levels: 48,105 / 47,873 / 47,600
✅ No Trade Zone: 48,267–48,457
👉 Trade only on confirmation and be mindful of market traps within the range.
🎯 Focus on structure, patience, and risk control. Let the market come to you.
❗ Disclaimer: I am not a SEBI registered analyst. This plan is shared for educational purposes only. Do your own research or consult your financial advisor before trading.
BANKNIFTY : Intraday Trading levels and Plan for 17-Mar-2025📊 BANK NIFTY Trading Plan – 17-Mar-2025
Bank Nifty is currently trading near 48,024 and reacting to the Opening Support Zone: 47,975 – 48,027. Chart shows clear zones for both supply and demand. Let’s break it down into three opening scenarios with well-defined trade plans.
🟢 Scenario 1: Gap-Up Opening (200+ points)
If Bank Nifty opens above 48,227 (i.e. directly into or above the Opening Resistance Zone: 48,267 – 48,323), it could witness supply pressure in the short term.
✅ Plan of Action:
If price opens in 48,267 – 48,323, wait and observe the first 15–30 minutes.
A bullish breakout and strong candle above 48,323 with volume can trigger a move towards the last intraday resistance at 48,457.
Above 48,457, next target is the Profit Booking Zone: 48,639 – 48,708, where one can partially book profits.
If price gets rejected from 48,323 and forms lower highs, consider light put positions with strict SL above 48,357.
📝 Why this works: These zones reflect earlier consolidation, where either buyers or sellers dominated. Reaction at this zone determines the intraday trend.
📌 Key Levels:
🔺 Resistance: 48,267 | 48,323 | 48,457
🎯 Target: 48,639 | 48,708
🛑 SL (if shorting near resistance): Above 48,357
🟨 Scenario 2: Flat Opening (Within 100 points)
A flat opening near 48,000 – 48,050 would mean prices open inside the Opening Support Zone: 47,975 – 48,027.
✅ Plan of Action:
Watch how prices behave near 47,975. If it holds and 15-min candle shows bullish rejection, go long for targets of 48,121 – 48,267.
If there's no momentum or a range forms between 47,975 – 48,121, expect consolidation. Trade only near extremes of the range.
Breakdown below 47,975 with follow-through volume can drag prices to 47,839 (gap-down support zone).
Avoid aggressive trades in a sideways market. Be patient for breakout/breakdown confirmation.
📝 Why this works: The market often retests previous zones of buying/selling pressure. A flat opening gives traders the opportunity to assess real-time sentiment based on price reaction at these zones.
📌 Key Levels:
🟧 Support: 47,975 | 47,839
🔺 Resistance: 48,121 | 48,267
📉 Breakdown Target: 47,839 → 47,621
🔻 Scenario 3: Gap-Down Opening (200+ points)
If Bank Nifty opens below 47,839, it would directly test the last intraday support zone, possibly heading towards the Buyer’s Support: 47,527 – 47,621.
✅ Plan of Action:
If price stabilizes around 47,621 – 47,527, observe for reversal patterns like hammer, bullish engulfing or RSI divergence.
A bounce from this zone offers risk-reward favorable longs, with targets of 47,839 – 48,000.
If selling pressure is strong and 15-min candle closes below 47,527, avoid longs — more downside may unfold.
Only consider fresh shorts if price shows consolidation below 47,527, targeting 47,400 – 47,250 levels.
📝 Why this works: Gap-downs often cause panic, but these also provide traps for sellers. Reversal zones like Buyer’s Support give excellent bounce-back trades when combined with price confirmation.
📌 Key Levels:
🔻 Panic Support: 47,621 | 47,527
🎯 Bounce Target: 47,839 | 48,027
🛑 SL (if buying near bottom): Below 47,470
🛡️ Risk Management Tips for Options Traders
🔹 Avoid trading the first 5 minutes: Let volatility settle.
🔹 Time decay alert: Avoid buying far OTM options post 11:30 AM.
🔹 Use spreads: Hedge naked calls or puts with spreads to reduce risk.
🔹 Avoid overleveraging: One trade should not blow your capital. Stick to position sizing.
🔹 Set a Daily Stop Loss: Define your max loss for the day and strictly stop trading if hit.
✅ Summary & Conclusion
📌 Gap-Up Opening: Watch for breakout above 48,323, aim for 48,457 → 48,639, else fade if price rejects resistance.
📌 Flat Opening: Respect 47,975 – 48,027 zone. Longs possible on hold; breakdown leads to 47,839.
📌 Gap-Down Opening: Monitor 47,621 – 47,527 for potential bounce. Breakdown below 47,527 could mean deeper correction.
🎯 The best trades will come from zones where price reacts strongly. Combine price action confirmation with good risk-reward setups.
📜 Disclaimer
I am not a SEBI-registered analyst . This content is intended purely for educational purposes . Please do your own analysis or consult a financial advisor before making any trading or investment decisions.
BANKNIFTY : Intraday Trading Levels and Plan for 13-Mar-2025📘 BANKNIFTY Trading Plan for 13-Mar-2025
Chart Reference: The market is currently placed around 48,055, with defined zones of resistance and support as per the 15-min price action. Based on this, let’s breakdown the plan into different opening scenarios 👇
✅ 1. GAP-UP OPENING (200+ points above previous close)
If BANKNIFTY opens around 48,250–48,400 or higher:
👉 This will place prices near the first key supply zone:
📍 Resistance Zone: 48,319–48,369
🟥 If price opens here, wait for the first 15–30 mins to see if it sustains above the zone.
✅ A strong candle above 48,370 with volume can trigger a long entry for targets:
➤ 48,534 (Last intraday resistance)
➤ 48,890 (Upper Target Zone)
📉 On the flip side, if price fails to sustain this zone and shows rejection with a bearish engulfing or M pattern:
→ Look for shorting opportunities with targets back to 48,085 and even 47,748.
🧠 Important Tip: Avoid rushing into trades at open. Let the first few candles confirm strength or weakness. Use tight SL for long near resistance.
⚖️ 2. FLAT OPENING (within ±100 points of previous close)
If BANKNIFTY opens between 47,950–48,150 range:
📍 Price will be near the middle zone – 48,085 , which is now acting as a pivot for the day.
🔄 Plan here should be range-based trading initially: ✔️ If price sustains above 48,085, intraday long trades can be attempted targeting
➤ 48,319–48,369 (Initial Resistance)
➤ Beyond that, trail for 48,534
🚫 If it rejects from 48,085 and breaks below 48,027, avoid longs and prepare for downside until:
➤ 47,748–47,787 (Green Support Zone)
🧠 Important Tip: Use option spreads in this zone to benefit from time decay and lower directional bias until breakout confirms.
🔻 3. GAP-DOWN OPENING (200+ points below previous close)
If BANKNIFTY opens near 47,700 or lower:
📉 Prices would be near Opening Support: 47,748–47,787
🔍 Watch for bullish price action like bullish engulfing, pin bar or consolidation above this zone: → Go long if it holds and gives reversal signs
🎯 Target: 48,000–48,085 zone
🚫 However, if support breaks with a strong red candle, then:
⚠️ Short trade can be initiated with target:
➤ 47,589 (Final Strong Support Zone)
📉 Break below 47,589 could lead to panic selling towards 47,400–47,300.
🧠 Important Tip: Gap-down opens can cause high IV. Use proper hedging (e.g. bear put spreads or long straddle if expecting a reversal) to reduce premium decay.
🛡️ Risk Management Tips for Options Traders
Never trade without a stop-loss. Use a closing-based SL on 15-min candles for directional trades. Avoid buying deep OTM options after 12 PM unless a breakout or breakdown is confirmed. Use option spreads (Bull Call / Bear Put / Iron Condor) to reduce theta decay impact. Avoid overtrading in choppy zones; preserve capital for trending opportunities. Reduce position size when volatility spikes or premiums are inflated.
📌 Summary & Conclusion
✅ Key Resistance Zones: 48,319–48,369 🔺 48,534 🔺 48,890
✅ Key Support Zones: 47,748–47,787 🔻 47,589 (critical level)
🎯 Let price action around these zones guide your trade. React, don’t predict!
⚠️ Disclaimer
I am not a SEBI registered analyst. This analysis is shared for educational purposes only. Please do your own research or consult with a financial advisor before making any trading decisions.
BANKNIFTY : Intraday Trading levels and Plan for 12-Mar-2025📅 BANK NIFTY Trading Plan – 12-Mar-2025
🕒 (15-min Timeframe | Price Action & Demand-Supply Based Plan)
📊 Chart Zones: 47,074 – 48,535
Opening Scenarios for 12-Mar-2025 📈📉
(Gap opening considered as ±200 points or more)
📍Gap-Up Opening (Above 48,113)
If Bank Nifty opens above the Opening Resistance Zone: 48,053 – 48,113, it suggests initial bullish strength.
🔹 Price may attempt to retest the Opening Resistance Zone. A successful retest and bullish follow-up candle (preferably a bullish engulfing or strong rejection wick) can trigger momentum toward the Last Intraday Resistance at 48,535.
🔸 However, failure to hold above 48,113 and slipping back into the range may trap early longs, leading to a pullback toward 47,970 or even 47,885.
📌 Plan of Action:
✅ Look to go long only on price sustaining above 48,113 with volume and strength
🔁 A retest and bounce from 48,053–48,113 zone = high probability long
🚫 Avoid chasing gaps without proper candle confirmation
⚠️ If Bank Nifty re-enters below 48,053, it may trigger a downside probe toward 47,885–47,725
📊 Flat Opening (Near 47,885 ±100 pts)
A flat opening near the CMP (47,885) places Bank Nifty in a neutral decision zone. Directional clarity will come only after the first 15–30 mins.
🔹 On the upside, a clean breakout above 48,053 with bullish candles can lead to a move toward 48,113 and then 48,535.
🔸 On the downside, weakness below 47,725 can trigger a dip toward the Opening Support Zone: 47,599 – 47,725, followed by a potential test of the Must-Buying Zone.
📌 Plan of Action:
⏱️ Allow the first 15–30 mins to develop a range
✅ Trade only on breakout or breakdown of range with confirmation
📈 Above 48,053 = bullish bias
📉 Below 47,725 = cautious, look for reaction in support zones
🎯 This is a scalper-friendly zone — react, don't predict
📉 Gap-Down Opening (Below 47,599)
If Bank Nifty opens below the Opening Support Zone: 47,599 – 47,725, it indicates immediate selling pressure.
🔹 Watch for price action near 47,074 – 47,075, marked as the Must Buying Try Zone.
This is a key golden retracement area and previous bounce zone. A bullish reversal pattern here (like hammer, bullish engulfing) could provide a high risk-reward long opportunity.
🔸 If this zone also fails, next possible demand lies near 46,873, but that may reflect panic unwinding or sentiment breakdown.
📌 Plan of Action:
🔍 Observe price closely near 47,074–47,075
✅ Longs only if strong reversal pattern + volume emerge in the zone
⚠️ Breakdown below 47,074 with strong red candle = avoid longs, consider intraday short scalp with strict SL
🧘♂️ Patience is key here — don't blindly knife-catch falling prices
📘 Risk Management Tips for Options Traders 🧠
🧯 Avoid chasing big gaps with OTM options ; wait for pullback or candle confirmation.
🛑 Always place SL based on candle structure, not arbitrary points .
⏳ Beware of theta decay — time is not your friend in options.
💸 Trade light during volatile openings; increase size only after confirmation .
📉 Do not average losing trades ; instead, exit and re-enter if setup reappears.
📏 Position sizing: risk only 1–2% of your capital per trade.
💬 Maintain a trade journal — your best teacher is your own data.
📌 Summary of Key Levels
🔺 Upside Levels:
• 48,053 – 48,113 → Breakout Zone
• 48,535 → Last Intraday Resistance
🔻 Downside Levels:
• 47,725 – 47,599 → Opening Support
• 47,074 – 47,075 → Must Buying Try Zone
• 46,873 → Panic Support Level
🎯 Conclusion:
Bank Nifty is approaching a critical zone where reactions over predictions matter. Let price confirm your bias before acting. Focus on key levels and allow setups to develop before executing. The best trades will come with patience, not speed. Let your discipline and plan outperform the noise of the market.
📛 Disclaimer: I am not a SEBI registered analyst. All views shared here are for educational purposes only. Please consult with your financial advisor before taking any trade decisions.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/03/2025)Today will be slightly gap down opening expected in banknifty. After opening if it's sustain above 48050 and give reversal then possible some bullish rally in index. Upside 48450 level will act as a strong resistance for today's session. Any strong bullish side rally only expected above 48550 level. In case banknifty starts trading below 47950 level then there will be sharp downside rally possible in index upto 47550 level.
BANKNIFTY - Intraday Trading levels and Plan for 11-Mar-2025📅 BANK NIFTY TRADING PLAN – 11-Mar-2025
🕘 Time Frame: 15-Minutes | 📍 Strategy Type: Structure + Psychological Zones
📉 Yesterday Close: 48,168
📌 Gap Reference: Consider 200+ points as significant gap for tomorrow's session.
🔼 1. GAP-UP OPENING (Above 48,368+)
A gap-up above 48,368+ may place prices directly inside or near the Golden Retracement Zone (48,035–48,299) or even challenge the first resistance of 48,412 / 48,626.
🧠 Plan of Action:
If opening is around 48,400–48,500, wait for price action confirmation near 48,626, which is also last intraday resistance.
If you see a rejection candle or bearish engulfing pattern, this is an opportunity to go short with SL above 48,868.
Partial profit can be booked around 48,168–48,035 zone.
On strong breakout and hourly close above 48,868, one may consider riding long till 49,113 with strict SL below 48,626.
🎯 Short Trigger Zone: 48,600–48,800
📈 Long Trigger Zone (Breakout): Above 48,868 with volume
➖ 2. FLAT OPENING (±100 points near 48,168)
This is the most delicate opening as price will remain inside the Opening Resistance/Support Zone (48,035–48,299). Whipsaws are common here.
🧠 Plan of Action:
Avoid first 30 mins of trade to let price settle.
If Bank Nifty bounces from 48,035–48,100, and forms a bullish candle, consider it a low-risk long opportunity with SL below 48,000.
Upside target remains 48,412 / 48,626.
However, if price decisively breaks below 48,035, especially after 10:30 AM with volume, you may consider shorting with SL above 48,168 targeting 47,573 – 47,363.
🔎 Key Tip: Flat openings require patience. Wait for strong 15-min candle outside the support/resistance band before taking action.
🔽 3. GAP-DOWN OPENING (Below 47,968)
A gap-down below 47,968 indicates bearish control and may bring the price directly into the “Must Try Zone for Buyers” (47,573 – 47,363).
🧠 Plan of Action:
If price opens around 47,600–47,400, wait for a 15-min bullish reversal candle (like hammer, bullish engulfing).
You can consider a long position with SL below 47,363 (preferably on hourly close).
If buyers fail to protect this zone and price sustains below 47,363, this will trigger fresh downside — avoid catching falling knives and switch to short bias.
🎯 Buy Zone: 47,573 – 47,363 (Only on reversal pattern confirmation)
📉 Breakdown Zone: Below 47,363 with hourly candle
💡 Risk Management Tips for Options Traders:
Never buy options blindly on open – wait for direction clarity after the first 15-30 mins. Use spreads (Bull Call or Bear Put) near key zones to minimize premium decay. Place hard SL on premium or index level — whichever hits first. Avoid over-leveraging on gap-up/gap-down — IV crush can kill premiums even if direction is right. Book partial profits and trail stop-loss to reduce emotional decisions.
📌 Summary & Conclusion:
Watch 48,626 as a major resistance — rejection here may bring intraday weakness.
Key support lies at 48,035 and deeper at 47,573 – 47,363, which is a critical make-or-break zone.
Gap-up = Cautious short near resistance
Flat = Wait for structure to unfold
Gap-down = Reversal play or breakdown opportunity based on price reaction
Always let the price action confirm your bias and follow your plan with discipline.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is shared for educational purposes only. Please consult your financial advisor before making any trading decisions.
BUY BANKNIFTY 49000 CE 27th Mar @ 455 | BANKNIFTY BUY TRADEBANKNIFTY 49000 CE MAR EXP
BANKNIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The BankNifty index taking support near 48300, presenting a potential buy-on-dip opportunity. We recommend exploring the 49000 Call Option (expiring on 27th Mar) at ₹455.
Target levels: ₹540 and ₹610.
Stop Loss (SL): ₹350
Regards,
OptionsDaddy Research Team
BANKNIFTY : Intraday Trading levels and Plan for 10-Mar-2025📌 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.
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
BANKNIFTY : Intraday Trading levels and plan for 07-Mar-2025
📌 Key Levels to Watch:
🔴 Resistance Levels: 48,944 | 49,151-49,234
🟢 Support Levels: 48,524 | 48,217-48,257
📝 Market Context:
Bank Nifty has shown strength near 48,600, with key resistance at 48,944. A breakout beyond this can trigger further momentum toward 49,100+. On the downside, a breakdown below 48,524 can push prices lower toward 48,217.
📈 Scenario 1: Gap-Up Opening (> 48,800) 🚀
If Bank Nifty opens above 48,800, it indicates bullish momentum. A breakout above 48,944 will confirm further upside.
Buy above 48,944 🔼
🎯 Target: 49,151 – 49,234
🛑 Stop Loss: 48,800
📝 Plan: A sustained move above 48,944 signals strength. Look for volume confirmation before entering. If momentum weakens near 49,151, consider partial profit booking.
Rejection at 48,944 ❌
🔽 Sell below 48,944
🎯 Target: 48,700 – 48,600
🛑 Stop Loss: 49,000
📝 Plan: If price fails to sustain above 48,944 and forms a reversal pattern, a short opportunity arises with a risk-controlled approach.
📉 Scenario 2: Flat Opening (48,450 – 48,650) 📊
A flat opening within 48,450 – 48,650 suggests indecision. We wait for a breakout or breakdown.
Buy above 48,650 🔼
🎯 Target: 48,944
🛑 Stop Loss: 48,500
📝 Plan: If price holds above 48,650, it can retest 48,944. Watch for price action confirmation before entering.
Sell below 48,524 🔽
🎯 Target: 48,300 – 48,217
🛑 Stop Loss: 48,600
📝 Plan: If price rejects 48,600-48,524, a downside move towards 48,217 is possible. Volume confirmation is key for safe entry.
📉 Scenario 3: Gap-Down Opening (< 48,400) ⚠️
A gap-down below 48,400 indicates weakness. Immediate support is at 48,217 – 48,257.
Buy near 48,217 – 48,257 🟢
🎯 Target: 48,524
🛑 Stop Loss: 48,150
📝 Plan: If price stabilizes at 48,217-48,257, it could bounce back towards 48,524. Ideal for risk-managed long positions.
Sell below 48,217 🔽
🎯 Target: 48,012 – 47,900
🛑 Stop Loss: 48,300
📝 Plan: If selling pressure increases, a breakdown below 48,217 could lead to further downside. Avoid panic selling; wait for confirmation.
💡 Risk Management Tips for Options Traders 🎯
✅ Time Decay Awareness: Avoid buying options too late in the session to minimize theta decay.
✅ Stop-Loss Discipline: Always set SL based on chart structure, not emotions.
✅ Position Sizing: Don’t risk more than 2% of your capital per trade.
✅ Avoid Overtrading: Stick to high-probability setups.
📌 Summary & Conclusion 📌
🔹 Bullish above 48,944 for 49,151-49,234.
🔹 Bearish below 48,217 for 48,012-47,900.
🔹 Flat open needs confirmation for direction.
🔹 Key levels to watch: 48,524 support | 48,944 resistance.
📢 Stay disciplined, trade with a plan, and manage risk wisely!
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Do your own research or consult a financial advisor before trading. 📊📉📈
BANKNIFTY : Intraday Trading levels and Plan for 06-Mar-2025Market Overview:
Bank Nifty closed at 48,506.40, and the following levels will be crucial for tomorrow’s session:
🔴 Last Intraday Resistance: 48,944
🟥 Opening Support Resistance: 48,713
🟠 Opening Resistance / Support Zone: 48,524
🟩 Opening Support Zone: 48,245 - 48,297
🟢 Last Intraday Support: 48,012
🟢 Strong Downside Support: 47,739
Considering a 200+ point gap opening, let’s analyze the possible trading scenarios.
🟢 Scenario 1: Gap-Up Opening (200+ Points Above 48,700)
If Bank Nifty opens above 48,700, it enters the Opening Support Resistance Zone and approaches the upper supply areas.
Sustaining Above 48,713 – A stable move above this level indicates strength, with potential upside toward the Last Intraday Resistance (48,944).
Rejection at 48,713 – If price fails to hold, a pullback toward the Opening Resistance/Support at 48,524 is likely.
Breakout Above 48,944 – If momentum is strong, expect an extended rally toward 49,100+, but be cautious of profit booking.
📌 Plan of Action:
Buy above 48,713 with a target of 48,944, keeping SL below 48,600.
Sell if 48,713 is rejected, targeting 48,524 with SL above 48,750.
Options traders can use 48,700 CE for longs and 48,900 PE if resistance holds.
🟡 Scenario 2: Flat Opening (Within 48,400 - 48,550)
A flat opening around the Opening Resistance / Support Zone (48,524 - 48,506) suggests a balanced market, requiring confirmation for further direction.
Sustaining Above 48,524 – This level needs to hold for an upside push toward 48,713, with a potential breakout to 48,944.
Breaking Below 48,506 – If price moves downward, the first support lies at 48,297, followed by 48,245.
Sideways Action Between 48,450 - 48,524 – If price consolidates in this range, wait for a decisive breakout before entering a trade.
📌 Plan of Action:
Buy above 48,524, targeting 48,713, with SL at 48,450.
Sell below 48,506, targeting 48,297, with SL at 48,600.
Options traders can use 48,600 CE for bullish trades and 48,400 PE for bearish trades.
🔴 Scenario 3: Gap-Down Opening (200+ Points Below 48,300)
A gap-down below 48,300 brings Bank Nifty into the Opening Support Zone (48,245 - 48,297).
Holding 48,245 – If buyers step in at this level, a bounce toward 48,524 is possible.
Breaking 48,245 – A breakdown signals weakness, with the next target at 48,012 (Last Intraday Support).
Breaking Below 48,012 – If further selling occurs, expect downside till 47,739, where major buying interest might emerge.
📌 Plan of Action:
Buy near 48,245, targeting 48,524, if support holds.
Sell below 48,245, targeting 48,012, with SL at 48,320.
Options traders can consider 48,200 PE for breakdowns and 48,300 CE for rebounds.
📊 Risk Management Tips for Options Trading
✅ Use Stop Loss on an Hourly Close Basis – Avoid holding options if the trend invalidates.
✅ Avoid Trading in Choppy Ranges – Let price break key levels before entering.
✅ Monitor India VIX – High volatility may cause sharp moves, adjust position sizing accordingly.
✅ Use Partial Profit Booking – Lock-in gains at resistance/support levels.
✅ Avoid Holding Positions Overnight – If the market is unclear, carry-forwarding options may lead to overnight risks.
📌 Summary & Conclusion
Bullish Bias: Above 48,713, Bank Nifty can test 48,944.
Range-Bound: If trading between 48,400 - 48,524, wait for a breakout.
Bearish Bias: Below 48,245, weakness can extend toward 48,012 or lower.
📌 Best Risk-Reward Trades:
Buy above 48,713 for 48,944.
Sell below 48,245 for 48,012.
Wait for confirmation in the 48,400 - 48,524 range.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please do your own research or consult a financial advisor before making any trading decisions.
BANKNIFTY : Intraday Trading Levels and Plan for 05-Mar-2025
Market Context:
Bank Nifty closed at 48,289.30, showing some consolidation near the mid-range of the current structure. The key levels for the day include:
🔴 Resistance Zones:
48,408 – Opening Resistance / Support
48,611 - 48,712 – Last Intraday Resistance Zone
49,114 – Extended Upside Target
🟠 No Trade Zone: 47,954 - 48,106
🟢 Buyer’s Support Zone: 47,363 - 47,573
A 200+ point gap opening should be considered when planning trades. Let's analyze the different opening scenarios.
🟢 Scenario 1: Gap-Up Opening (200+ Points)
If Bank Nifty opens above 48,500, it will enter the Last Intraday Resistance Zone (48,611 - 48,712).
A strong opening with follow-through buying above 48,712 can push Bank Nifty toward 49,114, where profit booking may emerge.
If resistance at 48,712 holds, expect a retracement back to 48,408 (Opening Support). A retest and rejection here may provide a short opportunity.
Traders should wait for a decisive hourly close above or below resistance before entering trades.
🔹 Trading Plan:
Look for a long position only if an hourly candle closes above 48,712, with 49,114 as the target.
If price struggles to sustain above 48,712, watch for a short opportunity targeting 48,408.
Option traders can consider 48,500 CE for long trades or 48,700 PE if rejection is seen.
🟡 Scenario 2: Flat Opening (Within 48,100 - 48,400)
If Bank Nifty opens near 48,289, it will be near the Opening Support/Resistance level (48,408).
Initial movement will determine direction. A breakout above 48,408 may lead to a test of 48,712, whereas rejection can lead to a retest of the No Trade Zone.
If price enters the No Trade Zone (47,954 - 48,106), it's best to wait for a clear direction rather than forcing trades.
A break below 47,954 could lead to weakness, targeting the Buyer’s Support Zone (47,363 - 47,573).
🔹 Trading Plan:
Avoid trading inside the No Trade Zone.
Look for confirmation of support at 48,106 before entering long trades.
A rejection from 48,408 can provide a short opportunity toward 48,106.
🔴 Scenario 3: Gap-Down Opening (200+ Points Below)
If Bank Nifty opens near or below 47,900, it will enter a bearish phase with possible testing of the Buyer’s Support Zone (47,363 - 47,573).
The first reaction from this zone is crucial. A bounce from 47,363 can provide a high reward long trade opportunity.
If Bank Nifty sustains below 47,954, avoid aggressive longs unless a strong reversal signal appears.
Breakdown below 47,363 can open the gates for further downside, making 47,000 - 47,100 the next potential target.
🔹 Trading Plan:
If price holds 47,363, a long trade can be considered with targets of 47,954 - 48,100.
If price fails to hold, a short position can be taken with a target of 47,100.
Option traders can use 47,500 PE for breakdown trades and 47,400 CE for reversals.
💡 Risk Management Tips for Options Trading
✅ Use Stop Loss on an Hourly Close Basis – Avoid holding options without confirmation of direction.
✅ Trade Small in No Trade Zones – Wait for a breakout or rejection before increasing position size.
✅ Monitor India VIX – If volatility spikes, avoid aggressive short selling.
✅ Book Profits at Resistance & Support Levels – Avoid holding options till expiry unless confident in direction.
✅ Stay Disciplined – If market structure changes, be quick to adapt rather than forcing trades.
📌 Summary & Conclusion
Bullish Scenario: Above 48,712, Bank Nifty can rally toward 49,114.
Neutral Zone: If trading between 47,954 - 48,408, wait for confirmation before trading.
Bearish Scenario: Below 47,954, weakness can extend toward 47,363, where a bounce is expected.
🔹 Best Risk-Reward Trades:
Buy near 47,363 if support holds.
Sell below 47,954 for a breakdown.
Buy only on a confirmed breakout above 48,712.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trading decisions.
BANKNIFTY Intraday Trading levels and Plan – 28-Feb-2025
This analysis provides a comprehensive trading plan for the BANKNIFTY index on February 28, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens above 49,141 (a gap of 200+ points from the previous close of 48,941), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher.
If the price sustains above 49,141, it could target the profit-booking zone of 49,341–49,600. This zone is a key resistance area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 49,341–49,600, a reversal trade could be considered, targeting a pullback to 49,000–48,941 (opening resistance and previous close).
Should the price break above 49,600 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 49,800 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 49,141 , targeting 49,341–49,600. Use a stop-loss below 48,941 to manage risk.
✔️ Short if the price rejects 49,341–49,600, aiming for 49,000–48,941. Place a stop-loss above 49,600 to limit potential losses.
Explanation: A Gap-Up opening of 200+ points reflects significant bullish sentiment, but chasing the gap immediately can be risky due to volatility. Waiting for a retest of 49,141 confirms bullish intent, while the resistance at 49,341–49,600 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum builds.
🔹 Scenario 2: Flat Opening (Near 48,941–49,000)
If BANKNIFTY opens within the range of 48,941–49,000, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 49,000 could drive prices toward 49,341–49,600, signaling bullish momentum.
A breakdown below 48,941 might lead to selling pressure, targeting 48,814–48,477 (opening support/resistance) or even 48,167–48,000 (last intraday support and key level).
✅ Trade Plan:
✔️ Buy above 49,000 , targeting 49,341–49,600. Use a stop-loss below 48,941 to protect against a false breakout.
✔️ Sell below 48,941 , targeting 48,814–48,477 or 48,167–48,000. Set a stop-loss above 49,000 to manage downside risk.
Explanation: A Flat opening often results in consolidation, making it challenging to trade without confirmation. The 48,941–49,000 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (200+ points)
If BANKNIFTY opens below 48,741 (a gap of 200+ points from the previous close of 48,941), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 48,814–48,167 (opening support/resistance and last intraday support). If this holds, a pullback toward 48,941–49,000 could occur.
If 48,167 breaks with strong selling pressure, expect further downside toward 47,421–47,573 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 48,167 , targeting a pullback to 48,941–49,000. Use a stop-loss below 48,000 to limit risk.
✔️ Short below 48,167 , targeting 47,421–47,573. Place a stop-loss above 48,167 to protect against a quick recovery.
Explanation: A Gap-Down opening of 200+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 48,167 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 47,421–47,573 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,341 or 48,167) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 49,000 → Target: 49,341–49,600.
✔️ Bearish Below: 48,941 → Target: 48,814–48,167 or 47,421–47,573.
✔️ No Trade Zone: 48,941–49,000 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on February 28, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
BANKNIFTY : Intraday Trading Levels and Plan – 27-Feb-2025📌
This analysis provides a comprehensive trading plan for the BANKNIFTY index on February 27, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens above 48,998 (a gap of 200+ points from the previous close of 48,798), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher.
If the price sustains above 48,998, it could target the profit-booking zone of 49,117–49,400. This zone is a key resistance area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 49,117–49,400, a reversal trade could be considered, targeting a pullback to 48,878–48,798 (last intraday resistance and previous close).
Should the price break above 49,400 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 49,600 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 48,998 , targeting 49,117–49,400. Use a stop-loss below 48,798 to manage risk.
✔️ Short if the price rejects 49,117–49,400, aiming for 48,878–48,798. Place a stop-loss above 49,400 to limit potential losses.
Explanation: A Gap-Up opening of 200+ points reflects significant bullish sentiment, but chasing the gap immediately can be risky due to volatility. Waiting for a retest of 48,998 confirms bullish intent, while the resistance at 49,117–49,400 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum builds.
🔹 Scenario 2: Flat Opening (Near 48,798–48,878)
If BANKNIFTY opens within the range of 48,798–48,878, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 48,878 could drive prices toward 49,117–49,400, signaling bullish momentum.
A breakdown below 48,798 might lead to selling pressure, targeting 48,396–48,167 (opening support and last intraday support) or even 47,573 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy above 48,878 , targeting 49,117–49,400. Use a stop-loss below 48,798 to protect against a false breakout.
✔️ Sell below 48,798 , targeting 48,396–48,167 or 47,573. Set a stop-loss above 48,878 to manage downside risk.
Explanation: A Flat opening often results in consolidation, making it challenging to trade without confirmation. The 48,798–48,878 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (200+ points)
If BANKNIFTY opens below 48,598 (a gap of 200+ points from the previous close of 48,798), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 48,396–48,167 (opening support and last intraday support). If this holds, a pullback toward 48,798–48,878 could occur.
If 48,396 breaks with strong selling pressure, expect further downside toward 47,573 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 48,396 , targeting a pullback to 48,798–48,878. Use a stop-loss below 48,167 to limit risk.
✔️ Short below 48,396 , targeting 47,573. Place a stop-loss above 48,396 to protect against a quick recovery.
Explanation: A Gap-Down opening of 200+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 48,396 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 47,573 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,117 or 48,396) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 48,878 → Target: 49,117–49,400.
✔️ Bearish Below: 48,798 → Target: 48,396–48,167 or 47,573.
✔️ No Trade Zone: 48,798–48,878 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on February 27, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
BANKNIFTY : Trading Levels and Plan for 5-Feb-2025This analysis provides a comprehensive trading plan for the BANKNIFTY index on February 25, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens above 49,256 (a gap of 200+ points from the previous close of 49,056), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher.
If the price sustains above 49,256, it could target the resistance zone of 49,746–49,960. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 49,746–49,960, a reversal trade could be considered, targeting a pullback to 48,946–49,056 (opening resistance and previous close).
Should the price break above 49,960 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 50,200 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 49,256 , targeting 49,746–49,960. Use a stop-loss below 49,056 to manage risk.
✔️ Short if the price rejects 49,746–49,960, aiming for 48,946–49,056. Place a stop-loss above 49,960 to limit potential losses.
Explanation: A Gap-Up opening of 200+ points reflects significant bullish sentiment, but chasing the gap immediately can be risky due to volatility. Waiting for a retest of 49,256 confirms bullish intent, while the resistance at 49,746–49,960 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum emerges.
🔹 Scenario 2: Flat Opening (Near 49,056–48,946)
If BANKNIFTY opens within the range of 49,056–48,946, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 48,946 could drive prices toward 49,746–49,960, signaling bullish momentum.
A breakdown below 49,056 might lead to selling pressure, targeting 48,461–48,400 (opening support and last intraday support) or even 48,167 (important retracement level).
✅ Trade Plan:
✔️ Buy above 48,946 , targeting 49,746–49,960. Use a stop-loss below 49,056 to protect against a false breakout.
✔️ Sell below 49,056 , targeting 48,461–48,400 or 48,167. Set a stop-loss above 48,946 to manage downside risk.
Explanation: A Flat opening often results in consolidation, making it challenging to trade without confirmation. The 49,056–48,946 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (200+ points)
If BANKNIFTY opens below 48,856 (a gap of 200+ points from the previous close of 49,056), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 48,461–48,167 (opening support and important retracement level). If this holds, a pullback toward 49,056–48,946 could occur.
If 48,461 breaks with strong selling pressure, expect further downside toward 47,573 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 48,461 , targeting a pullback to 49,056–48,946. Use a stop-loss below 48,167 to limit risk.
✔️ Short below 48,461 , targeting 47,573. Place a stop-loss above 48,461 to protect against a quick recovery.
Explanation: A Gap-Down opening of 200+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 48,461 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 47,573 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,746 or 48,461) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 48,946 → Target: 49,746–49,960.
✔️ Bearish Below: 49,056 → Target: 48,461–48,167 or 47,573.
✔️ No Trade Zone: 49,056–48,946 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on February 25, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
BANKNIFTY : Trading levels and plan for 24-Feb-2025📌 BANKNIFTY Intraday Trading Plan – 24-Feb-2025
This analysis offers a detailed trading plan for the BANKNIFTY index on February 24, 2025, addressing all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 200+ points) and provide clear action points, key levels, and risk management strategies. This plan is crafted to assist traders in navigating the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens above 49,222 (a gap of 200+ points from the previous close of 49,022), it signals strong bullish momentum. This opening indicates aggressive buying interest, potentially pushing prices higher.
If the price sustains above 49,222, it could target the profit-booking zone of 49,813–49,922. This zone is a key resistance area where selling pressure may intensify due to historical price action.
If the price faces rejection at 49,813–49,922, a reversal trade could be considered, targeting a pullback to 49,254–49,022 (last intraday resistance and previous close).
Should the price break above 49,922 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 50,000 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 49,222 , targeting 49,813–49,922. Use a stop-loss below 49,022 to manage risk.
✔️ Short if the price rejects 49,813–49,922, aiming for 49,254–49,022. Place a stop-loss above 49,922 to limit potential losses.
Explanation: A Gap-Up opening of 200+ points reflects significant optimism, but traders should avoid chasing the gap immediately due to potential volatility. Waiting for a retest of 49,222 confirms bullish intent, while the resistance at 49,813–49,922 serves as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum builds.
🔹 Scenario 2: Flat Opening (Near 49,022–49,254)
If BANKNIFTY opens within the range of 49,022–49,254, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 49,254 could drive prices toward 49,813–49,922, signaling bullish momentum.
A breakdown below 49,022 might lead to selling pressure, targeting 48,641 (last intraday support) or even 48,167–48,000 (initial support for sideways movement).
✅ Trade Plan:
✔️ Buy above 49,254 , targeting 49,813–49,922. Use a stop-loss below 49,022 to protect against a false breakout.
✔️ Sell below 49,022 , targeting 48,641 or 48,167–48,000. Set a stop-loss above 49,254 to manage downside risk.
Explanation: A Flat opening often leads to consolidation, making it challenging to trade without confirmation. The 49,022–49,254 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (200+ points)
If BANKNIFTY opens below 48,822 (a gap of 200+ points from the previous close of 49,022), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 48,641–48,000 (last intraday support and initial sideways support). If this holds, a pullback toward 49,022–49,254 could occur.
If 48,641 breaks with strong selling pressure, expect further downside toward 47,363–47,578 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 48,641 , targeting a pullback to 49,022–49,254. Use a stop-loss below 48,000 to limit risk.
✔️ Short below 48,641 , targeting 47,363–47,578. Place a stop-loss above 48,641 to protect against a quick recovery.
Explanation: A Gap-Down opening of 200+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 48,641 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 47,363–47,578 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 49,813 or 48,641) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 49,254 → Target: 49,813–49,922.
✔️ Bearish Below: 49,022 → Target: 48,641 or 47,363–47,578.
✔️ No Trade Zone: 49,022–49,254 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the BANKNIFTY market effectively on February 24, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
BANKNIFTY : Trading Levels and Plan for 20-Feb-2025This analysis covers all possible opening conditions for BANKNIFTY on 20-Feb-2025 and provides a structured trading plan. We will consider:
✅ Gap-Up Opening (200+ points)
✅ Flat Opening (Near 49,577 - 49,658)
✅ Gap-Down Opening (200+ points)
Each scenario has clear action points and risk management tips. 📈🔥
🔹 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens above 49,658, this suggests bullish momentum.
Sustaining above 49,658 can push the index towards 50,000 - 50,193 (Profit Booking Zone).
At 50,000 - 50,193, expect resistance—if price rejects here, a reversal trade is possible targeting 49,700 - 49,600.
If price breaks 50,193 with strength, we may see a new rally towards 50,350+ levels.
✅ Trade Plan:
✔️ Buy on a breakout & retest of 49,658, targeting 50,000 - 50,193.
✔️ Short if price rejects 50,193, aiming for 49,700 - 49,600.
⚠️ Risk Tip: Avoid chasing a strong gap-up immediately. Wait for price to settle before taking a position.
🔹 Scenario 2: Flat Opening (Near 49,519 - 49,658)
If BANKNIFTY opens within the 49,577 - 49,658 zone, this could act as an Opening Resistance/Support zone.
A breakout above 49,658 can push prices towards 50,000 - 50,193.
A breakdown below 49,401 (Opening Support) may lead to selling pressure, targeting 49,336 - 49,095.
✅ Trade Plan:
✔️ Buy above 49,658, targeting 50,000 - 50,193.
✔️ Sell below 49,401, targeting 49,336 - 49,095.
⚠️ Risk Tip: Avoid trading in the 49,500 - 49,600 range unless a strong breakout happens. Consolidation in this zone can lead to fake moves.
🔹 Scenario 3: Gap-Down Opening (200+ points)
If BANKNIFTY opens below 49,336, it signals weakness.
Immediate support exists at 49,095 - 49,000 (Last Intraday Support). If this holds, expect a possible pullback towards 49,400 - 49,500.
If 49,095 breaks, expect further downside towards 48,760.
✅ Trade Plan:
✔️ Buy near 49,095, targeting a pullback to 49,401 - 49,519.
✔️ Short below 49,095, targeting 48,760 and lower.
⚠️ Risk Tip: If BANKNIFTY gaps down but quickly recovers 49,095, avoid shorts and wait for price confirmation before entering trades.
📌 Risk Management Tips for Options Trading 💡
🛑 Always use a strict stop-loss to protect capital.
🎯 Take partial profits at key levels to lock in gains.
🕰️ Avoid overtrading—wait for price action confirmation.
💰 Use proper position sizing to manage risk.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 49,658 → Target: 50,000 - 50,193.
✔️ Bearish Below: 49,401 → Target: 49,336 - 49,095.
✔️ No Trade Zone: 49,500 - 49,600 (Wait for breakout).
Trade with a plan, manage risk wisely, and stay disciplined. ✅🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trades. 📉📈
BANKNIFTY : Trading levels and plan for 19-Feb-2025
🔹 Key Levels for the Day:
📈 Resistance Zone: 49,208 - 49,659
📉 Support Zone: 48,918 - 48,600
🔄 Profit Booking Zone: 49,579 - 49,659
📍 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens with a gap-up above 49,208 , we need to observe whether it sustains above this level.
If it holds above 49,208, we can expect an upside movement towards 49,579 - 49,659 (profit booking zone).
A breakout above 49,659 can take it towards 50,001, but with caution as profit booking may occur.
In case of rejection from 49,659, look for a shorting opportunity back towards 49,208.
🔹 Trade Plan: Buy on dips near 49,208 with SL below 49,100 for a target of 49,579. If rejected from 49,659, initiate a short trade with SL above 49,700.
📍 Scenario 2: Flat Opening (Within 49,039 - 49,208)
If BANKNIFTY consolidates between 49,039 - 49,208, wait for a decisive breakout.
A breakout above 49,208 can push prices towards 49,579.
A breakdown below 49,039 will lead to a decline towards 48,918 - 48,600.
🔹 Trade Plan: Buy on breakout of 49,208 with SL below 49,100 for targets of 49,579+. If it breaks below 49,039, go short with SL above 49,100 for a target of 48,918.
📍 Scenario 3: Gap-Down Opening (200+ points below 48,918)
If BANKNIFTY opens below 48,918, we need to see if it finds support near 48,600 (last intraday support).
A bounce from 48,600 can lead to a recovery towards 48,918.
If 48,600 breaks, expect further downside towards 48,400-48,300.
🔹 Trade Plan: Look for a buying opportunity near 48,600 with SL below 48,500 for a potential bounce towards 48,918. If 48,600 breaks, short for a target of 48,400-48,300.
💡 Risk Management Tips for Options Trading 💡
✅ Always maintain a proper stop-loss (SL) to manage risk.
✅ Avoid buying deep OTM options unless you have a high conviction breakout.
✅ For intraday trading, focus on ATM or slightly ITM options for better risk-reward.
✅ If volatility is high, switch to spreads like Bull Call Spread or Bear Put Spread to reduce risk.
✅ Book partial profits as levels are achieved to lock in gains.
🔎 Summary & Conclusion
📌 Upside movement expected above 49,208 targeting 49,579-49,659. A rejection here can push prices lower.
📌 Breakdown below 49,039 can take it towards 48,918, with 48,600 being a critical support.
📌 Risk management is key— stick to your stop-loss!
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please trade at your own risk. 📊📉📈