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.
Bankniftyview
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.
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. 📊📉📈
BANKNIFTY : Trading Plan for 18-Feb-2025🔹 Key Levels to Watch
Opening Resistance / Support Zone: 49,435 - 49,332
Last Intraday Resistance: 49,676 - 49,802
Opening Support Zone: 48,920 - 48,993
Last Intraday Support: 48,696
🟢 Scenario 1: Gap-Up Opening (200+ Points Above Previous Close)
If BANKNIFTY opens above 49,435, it enters a crucial resistance zone.
A rejection from 49,676 - 49,802 may lead to a shorting opportunity with targets at 49,435 - 49,332.
If price sustains above 49,802, expect a breakout move towards 49,997, with momentum building.
Safe traders should wait for retests at support levels before entering trades.
📌 Plan of Action:
🔹 Look for bearish rejection signals at resistance for a short trade.
🔹 If the price breaks out with volume, go long with a stop-loss below 49,676.
⚖ Scenario 2: Flat Opening (Within 100 Points of Previous Close)
If BANKNIFTY opens around 49,279 - 49,228, we are in a neutral zone.
Holding above 49,332 could push price towards 49,676.
A break below 49,228 could trigger selling towards 48,993.
Avoid trades in choppy price action; wait for confirmation.
📌 Plan of Action:
🔹 Wait for price confirmation at 49,332 before taking positions.
🔹 Trade only after a clear trend is established.
🔴 Scenario 3: Gap-Down Opening (200+ Points Below Previous Close)
If BANKNIFTY opens near or below 48,920, it enters a support zone.
Holding 48,920 - 48,696 can lead to a bounce back to 49,228 - 49,332.
Breaking below 48,696 could see strong selling pressure towards lower levels.
📌 Plan of Action:
🔹 Look for bullish price action at support for long trades.
🔹 If price sustains below 48,696, consider shorting with a stop-loss above the resistance zone.
⚠️ Risk Management Tips for Options Trading
✅ Position Sizing: Trade with small lot sizes in volatile conditions.
✅ Stop-Loss Discipline: Always set SL and stick to it!
✅ Avoid Overtrading: Enter only on confirmed setups.
✅ Time Decay Awareness: Avoid holding options overnight unless confident about direction.
📌 Summary & Conclusion
Bullish Bias above 49,435, targeting 49,676 - 49,997.
Bearish Breakdown below 48,920, targeting 48,696 - 48,500.
Flat Openings require confirmation before entering trades.
🚨 Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
BANKNIFTY : Trading levels and Plan for 17-Feb-2025🔍 Market Context:
BANKNIFTY has been volatile with key resistance and support levels forming strong zones. A structured approach is necessary to navigate different opening scenarios effectively.
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1. Gap-Up Opening (200+ Points) Scenario
If BANKNIFTY opens above 49,242 , it enters the Opening Resistance/Support zone.
A rejection here can trigger a short trade , targeting 48,827 .
Sustained buying above 49,242 may lead to a rally toward the next resistance at 49,800 .
Breakout above 49,800? Expect a push toward 49,984 , where partial profit booking is advised.
🔹 Action Plan:
✅ Watch for rejection at 49,242 – Short with SL above 49,300.
✅ If breakout and sustain above 49,242 , go long for 49,800 .
✅ Above 49,800 , confirm strength before fresh longs.
💡 Tip: In a gap-up, options premiums are inflated. Use spreads instead of naked options.
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2. Flat Opening (Within 49,070-49,242)
A flat open suggests uncertainty – potential No Trade Zone .
A breakout above 49,242 confirms bullishness.
A breakdown below 49,070 invites selling toward 48,827 .
🔹 Action Plan:
✅ Avoid aggressive trades in the 49,070-49,242 range (No Trade Zone).
✅ If price moves above 49,242 , take longs with SL below 49,070 .
✅ Below 49,070 , short for 48,827 .
💡 Tip: Wait 15-30 minutes before entering trades in flat openings to avoid fake breakouts.
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3. Gap-Down Opening (200+ Points Below 48,827)
A gap-down near/below 48,827 signals bearish sentiment.
48,461 is key intraday support – breaking below leads to further downside.
A pullback to 48,827 may offer a shorting opportunity if resistance holds.
🔹 Action Plan:
✅ If below 48,827 , go short targeting 48,461 .
✅ Watch for a bounce at 48,461 – a strong recovery may trigger reversals.
✅ If recovery sustains above 48,827 , consider longs with SL below 48,750 .
💡 Tip: In a gap-down, IV spikes, increasing option prices. Selling OTM calls can benefit from premium decay.
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⚠ Risk Management & Options Trading Tips
🔹 Never overleverage – Always define a stop loss before entering a trade.
🔹 Use spreads – Instead of buying naked options, use vertical spreads to limit risk.
🔹 Watch for traps – Avoid chasing prices at the open; let the market structure develop.
🔹 Be mindful of time decay – For long options trades, prefer ATM strikes to minimize theta decay.
---
📌 Summary & Conclusion
✅ Key Levels to Watch:
- Resistance: 49,242 / 49,800
- Support: 48,827 / 48,461
✅ Trading Plan Overview:
- Gap-Up: Watch for rejection at 49,242 , breakout potential toward 49,800 .
- Flat Open: No Trade Zone in 49,070-49,242 – wait for confirmation.
- Gap-Down: Below 48,827 , bearish trend continues toward 48,461 .
💡 Final Tip: Stick to your trading plan and avoid emotional decisions. Trading is about discipline, not predictions!
---
📢 Disclaimer:
I am not a SEBI registered analyst . This trading plan is for educational purposes only . Please do your own research before taking any trades. 📊
BANKNIFTY : Trading levels and Plan for 14-Feb-2025🔹 Key Levels:
📌 Resistance Zones:
🔴 Profit Booking Zone: 50,328 – 50,440
🔴 Last Intraday Resistance: 50,025
🔴 Opening Resistance: 49,690
📌 Support Zones:
🟢 Opening Support/Resistance: 49,280 – 49,342
🟢 Strong Support: 48,970 – 49,070
🟢 Deeper Support Zone: 48,594
📌 EMA: Price is reacting to the moving average, which could act as dynamic support/resistance.
📊 1️⃣ Gap-Up Opening (200+ points above previous close)
If BANKNIFTY opens above 49,690:
Watch for rejection at 50,025: If price struggles, consider a short trade with SL above 50,100. Target: 49,690 – 49,400.
Sustained breakout of 50,025? Expect bullish momentum. Enter on a retest for targets 50,328 – 50,440.
Avoid impulsive longs at open: Wait for price to consolidate before entering trades.
💡 Pro Tip: If price rejects 50,025, sellers might step in aggressively. Consider buying Put options cautiously.
📊 2️⃣ Flat Opening (±100 points from previous close)
If BANKNIFTY opens near 49,280 - 49,342:
Opening Support/Resistance Zone (49,280 – 49,342): This level will decide the market direction.
Break above 49,400? Expect bullish movement to 49,690. Go long above 49,410 with SL at 49,280.
Break below 49,280? Expect downside movement toward 48,970. Short below 49,250 with SL at 49,350.
💡 Pro Tip: In a flat opening, let price settle before making a decision. Patience pays!
📊 3️⃣ Gap-Down Opening (200+ points below previous close)
If BANKNIFTY opens near 48,970 or below:
48,970 – 49,070 is a strong support: If price holds, expect a bounce back. Go long above 49,000 with SL at 48,900.
Break below 48,970? Next major support is 48,594. Short below 48,950 with SL at 49,050.
If price reaches 48,594 and holds, expect a bounce. Look for buying opportunities around this level.
💡 Pro Tip: In a gap-down, avoid panic trades. Wait for proper confirmation before entering.
⚠️ Risk Management Tips for Options Trading
📌 Never chase a trade. Let price confirm the level before entering.
📌 Use stop-losses strictly. Protect your capital at all times.
📌 Avoid trading in the No Trade Zone. This is where stop-losses get hunted easily.
📌 Monitor IV (Implied Volatility). If IV is high, options premiums might be inflated. Consider spreads instead of naked options.
🔥 Summary & Conclusion
✅ Key Resistance: 49,690 / 50,025 / 50,328 – 50,440
✅ Key Support: 49,280 – 49,342 / 48,970 – 49,070 / 48,594
✅ Gap-Up: Watch resistance at 50,025. Breakout = bullish, rejection = short.
✅ Flat Opening: Wait for breakout/breakdown from Opening Support before entering.
✅ Gap-Down: 48,970 is crucial. Holding = bounce, breakdown = more downside.
🎯 Stick to the plan, follow discipline, and manage your risks!
⚠ Disclaimer: I am NOT a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
BANKNIFTY : Trading Levels and Plan for 13-Feb-2025
🔹 Key Levels:
📌 Resistance: 49,787 / 50,200 / 50,298
📌 Support: 49,216 / 48,943 / 48,900
📌 No Trade Zone: 49,461 - 49,603 (Avoid trading inside this zone)
📊 1️⃣ Gap-Up Opening (200+ points above previous close)
If BANKNIFTY opens above 49,787:
Watch for rejection at 50,200: If price struggles, take a short trade with SL above 50,298. Target: 49,787 – 49,600.
Sustained breakout of 50,200? Expect bullish momentum. Enter on retest for targets 50,298 – 50,450.
Avoid impulsive longs at open: Let price stabilize before entering.
💡 Pro Tip: If price rejects 50,200 after a big gap-up, sellers might take control. Use Put options wisely.
📊 2️⃣ Flat Opening (±50 points from previous close)
If BANKNIFTY opens near 49,500-49,600:
No Trade Zone (49,461 - 49,603) – Avoid trading here. Let price break out.
Break above 49,603? Expect bullish move to 49,787. Go long above 49,605 with SL at 49,450.
Break below 49,461? Expect downside move toward 49,216. Short below 49,460 with SL at 49,550.
💡 Pro Tip: In a flat opening, avoid jumping into trades. Let a clear direction emerge.
📊 3️⃣ Gap-Down Opening (200+ points below previous close)
If BANKNIFTY opens near 49,216 or below:
49,216 as support? If price holds, expect a bounce back. Go long above 49,250 with SL at 49,150.
Break below 49,216? Next major support is 48,943. Short below 49,200 with SL at 49,320.
If price reaches 48,943 and holds, expect a bounce. Look for buying opportunities.
💡 Pro Tip: Be careful with aggressive shorts in a gap-down. Wait for confirmation before entering.
⚠️ Risk Management Tips for Options Trading
📌 Never chase trades. Let price confirm the level before entering.
📌 Use stop losses strictly. No SL = No trading discipline = Losses.
📌 Avoid trading in the No Trade Zone. Wait for clear breakout/breakdown.
📌 If IV (Implied Volatility) is high, premiums might be inflated. Be cautious with buying options.
🔥 Summary & Conclusion
✅ Key Resistance: 49,787 / 50,200 / 50,298
✅ Key Support: 49,216 / 48,943 / 48,900
✅ No Trade Zone: 49,461 - 49,603
✅ Gap-Up: Watch for resistance at 50,200. Breakout = bullish, rejection = short.
✅ Flat Opening: Trade based on breakout/breakdown of No Trade Zone.
✅ Gap-Down: 49,216 is key. Holding = bounce, breakdown = more downside.
🎯 Stick to the plan, be disciplined, and trade wisely!
⚠ Disclaimer: I am NOT a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
BankNifty Intraday Support & Resistance Levels for 07.02.2025Thursday’s session saw BankNifty opening with a gap-up, reaching a high of 50,553.35, touching the Weekly Resistance Zone, before pulling back to a low of 50,149.80. It later recovered and closed at 50,382.10, gaining 39 points over the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) is sideways.
Demand/Support Zones
Near Demand/Support Zone (15m): 49,888.35 - 49,977.05
Near Demand/Support Zone (125m): 48,906.05 - 49,373.45
Far Demand/Support Zone (15m): 48,511.70 - 48,627.95
Far Demand/Support Zone (125m): 47,981.35 - 48,319.20
Far Support Level: 46,077.85 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
Supply/Resistance Zones
Far Supply/Resistance Zone (Weekly): 50,485.05 - 51,979.75 (Tested)
Far Supply/Resistance Zone (75m): 50,904.35 - 51,088.90 (Inside Weekly Supply Zone)
Outlook
BankNifty broke above the Daily Supply Zone but faced resistance at the Weekly Supply Zone, indicating potential selling pressure in the coming sessions. A decisive move above 50,900 - 51,150 could indicate further upside, while failure to hold above 49,800 may lead to weakness.
BANKNIFTY : TRADING LEVELS AND PLAN ( 07-Feb-2025 )📌 BANKNIFTY TRADING PLAN – 07-Feb-2025
🔹 Previous Close: 50,427.10
🔹 Important Zones to Watch:
🟥 Extended Zone: 51,565 - 51,725
🟥 Profit Booking Zone: 50,970 - 51,181
🟧 No Trade Zone / Opening Support: 50,133 - 50,375
🟩 Opening Support Zone: 49,871.00
🟢 Last Intraday Support: 49,503.00
📈 Scenario 1: Gap-Up Opening (Above 50,650 - 50,700)
If BANKNIFTY opens with a gap-up of 200+ points above 50,650, it will enter the Profit Booking Zone (50,970 - 51,181).
🔹 Bullish Strategy:
If BANKNIFTY sustains above 50,970, expect a strong move toward 51,181 and possibly the Extended Zone (51,565 - 51,725).
Ideal entry will be on retracement near 50,970 with SL below 50,800.
🔻 Bearish Scenario:
If rejection is seen from 51,000 - 51,181, a short trade can be initiated targeting 50,700 - 50,500.
Stop loss for short trade above 51,250.
📝 Pro Tip: A direct gap-up into a resistance zone often leads to profit booking. Avoid aggressive longs unless a breakout is confirmed.
📊 Scenario 2: Flat Opening (Between 50,133 - 50,375)
A flat opening within the No Trade Zone (50,133 - 50,375) suggests uncertainty. Traders should wait for a clear breakout or breakdown.
🔹 Bullish Plan:
A breakout above 50,375 can trigger a long trade targeting 50,700 - 50,970.
SL for longs should be below 50,250.
🔻 Bearish Plan:
If BANKNIFTY breaks below 50,133, expect a drop toward 49,871.
Short trade can be taken with SL above 50,250.
📝 Pro Tip: A flat opening often leads to range-bound price action initially. Avoid taking trades in the first 15-20 minutes unless a clear trend emerges.
📉 Scenario 3: Gap-Down Opening (Below 49,871)
If BANKNIFTY opens below 49,871, it enters the Opening Support Zone. Watch for a reversal or further breakdown.
🔹 Buying Opportunity:
A bullish reversal from 49,503 - 49,871 can give a long trade opportunity targeting 50,133 - 50,375.
Stop loss for longs should be below 49,400.
🔻 Breakdown Plan:
If 49,503 breaks, expect further downside toward 49,200-49,000.
Short trade can be taken with SL above 49,600.
📝 Pro Tip: A gap-down below key supports often triggers panic selling. But if a quick pullback is seen, it might be a bear trap—wait for confirmation before shorting.
⚠️ Risk Management & Options Trading Tips
✔ Option Buyers: Trade ATM (At-the-Money) options and avoid OTM options when volatility is low.
✔ Option Sellers: If IV (Implied Volatility) is high, selling OTM strikes can be a good strategy.
✔ Always Use Stop Loss: Risk management is key to capital preservation.
✔ Avoid Overtrading: Stick to planned trades and don’t force setups.
📌 Summary & Conclusion
🚀 Bullish above: 50,375 (Target 50,970 - 51,181)
📉 Bearish below: 50,133 (Target 49,871 - 49,503)
⚠️ Key Zones to Watch: No Trade Zone & Profit Booking Area
📊 Expect Volatility: Let the market establish a clear direction before taking trades.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Always do your own research before taking any trades. 📢📊
#BANKNIFTY #TradingPlan #StockMarket #OptionsTrading 🚀
BANKNIFTY : Trading levels and Plan for 06-Feb-2025📌 BANKNIFTY TRADING PLAN – 06-Feb-2025
🔹 Previous Close: 50,299.90
🔹 Important Zones Identified:
🟥 Profit Booking Zone: 50,970 - 51,181
🟧 No Trade Zone / Opening Support: 50,133 - 50,375
🟩 Opening Support Zone: 49,871.00
🟢 Last Intraday Support: 49,503.00
📈 Scenario 1: Gap-Up Opening (Above 200+ Points)
If BANKNIFTY opens with a strong gap-up above 50,500, it will approach the profit booking zone (50,970 - 51,181).
🔹 Bullish Strategy:
If the price sustains above 50,970, we can look for a breakout trade targeting 51,181+.
Ideal entry will be on retracement towards 50,970 with a stop loss below 50,800.
🔻 Bearish Scenario:
If rejection is seen from 51,000 - 51,181, a short trade can be considered with targets back to 50,500 - 50,375.
Stop loss for short trade above 51,250.
📝 Pro Tip: If a gap-up directly reaches the profit booking zone, avoid aggressive long positions. Wait for a breakout or a pullback entry.
📊 Scenario 2: Flat Opening (Between 50,133 - 50,375)
A flat opening within the No Trade Zone (50,133 - 50,375) requires patience and confirmation before entering a trade.
🔹 Bullish Plan:
If the price breaks above 50,375 with strong volume, a long trade can be taken targeting 50,600 - 50,970.
Stop loss to be placed below 50,250.
🔻 Bearish Plan:
If BANKNIFTY breaks below 50,133, expect a move toward 49,871.
Short trade can be initiated with SL above 50,250.
📝 Pro Tip: Flat openings often lead to choppy price action in the first 15-30 minutes. Avoid impulsive trades; let the market establish direction.
📉 Scenario 3: Gap-Down Opening (Below 49,871)
If BANKNIFTY opens below 49,871, it will enter the Opening Support Zone, and we must evaluate price action carefully.
🔹 Buying Opportunity:
A strong bullish reversal from 49,503 - 49,871 can give a long opportunity targeting 50,133 - 50,375.
SL for longs should be below 49,400.
🔻 Breakdown Plan:
If 49,503 breaks, expect further downside toward 49,200-49,000.
Short trades can be taken with SL above 49,600.
📝 Pro Tip: If the market gaps down but quickly recovers above 49,871, it may indicate a trap for sellers—watch for reversal signs.
⚠️ Risk Management & Options Trading Tips
✔ For Option Buyers: Choose strikes near ATM (At-the-Money) to avoid time decay. Enter only when price action confirms.
✔ For Option Sellers: If IV (Implied Volatility) is high, consider selling OTM (Out-of-the-Money) options at key resistance/support levels.
✔ Always use SL: Protect capital! A good R:R (Risk-to-Reward) ratio ensures long-term success.
✔ Avoid Overtrading: Stick to planned trades—don’t force setups.
📌 Summary & Conclusion
🚀 Bullish above: 50,375 (Target 50,970+)
📉 Bearish below: 50,133 (Target 49,871-49,503)
⚠️ Watch Key Zones: No Trade Zone & Profit Booking Area
📊 Expect Volatility: Let the first 15-30 min settle before aggressive trades.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Always do your own research before taking any trades. 📢📊
#BANKNIFTY #TradingPlan #StockMarket #OptionsTrading 🚀
BANKNIFTY - Trading plan and levels for 05-Feb-2025📌 Bank Nifty Trading Plan – 05-Feb-2025
📊 Market Overview & Key Levels
Previous Close: 50,111.65
Resistance for Sideways: 50,310-50,374
Profit Booking Zone: 50,970
Opening Support / Resistance Zone: 50,147-50,310
Opening Support: 49,875-49,866
Last Intraday Support: 49,550
📈 Opening Scenarios & Trading Plan
🟢 Scenario 1: Gap-Up Opening (📈 200+ points)
If Bank Nifty opens above 50,310-50,374, it enters a resistance zone.
A strong hourly close above 50,374 can trigger a bullish move toward 50,600-50,970.
However, if prices struggle to hold above this zone, expect a pullback towards 50,147-50,310 before further movement.
📌 Trading Plan:
Wait for price confirmation near 50,374 before going long.
A rejection from resistance (candlestick reversal patterns like shooting star or bearish engulfing) could trigger a short trade toward 50,147.
Stop loss should be placed above 50,400 for shorts and below 50,250 for longs.
🔽🔽🔽
🟠 Scenario 2: Flat Opening (📊 ±100 points from previous close)
If Bank Nifty opens within 50,100-50,200, expect range-bound movement in the first 30 minutes.
A breakout above 50,310 confirms a bullish trend, while a breakdown below 50,100 indicates weakness.
📌 Trading Plan:
For a breakout above 50,310, enter longs with a target of 50,600-50,970.
For a breakdown below 50,100, short with a target of 49,866-49,550.
Wait for confirmation on 15-min candle close before entering trades.
🔽🔽🔽
🔴 Scenario 3: Gap-Down Opening (📉 200+ points)
If Bank Nifty opens below 49,875, it enters a strong support zone.
A further breakdown below 49,550 can accelerate selling pressure toward 49,300-49,200.
📌 Trading Plan:
If price stabilizes above 49,866, consider a bounce trade for quick scalping toward 50,100.
A break below 49,550 confirms further weakness – enter shorts targeting 49,300.
Keep SL above 49,950 for shorts and below 49,500 for longs.
📌 Risk Management Tips for Options Trading 🎯
✅ Use Stop Losses Based on Hourly Close: Avoid emotional exits, always base SL decisions on market structure.
✅ Avoid Trading in No-Trend Zones: If price is stuck in the 50,147-50,310 range, wait for a breakout confirmation.
✅ For Option Buyers: IV crush can affect premiums, prefer ATM/ITM options for better movement.
✅ For Option Sellers: Use hedging strategies like spreads to limit risk.
📊 Summary & Conclusion
Bullish Confirmation: Above 50,374, targeting 50,600-50,970.
Bearish Confirmation: Below 49,875, with potential downside toward 49,550-49,300.
Sideways Range: Between 50,147-50,310, avoid unnecessary trades.
Watch Price Action for Breakouts & Rejections before entering trades.
📢 Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please conduct your own research or consult with a financial advisor before making any trading decisions.