#BANKNIFTY Intraday Support and Resistance Levels - 05/12/2025

Flat opening keeps the market neutral at the start. this means neither buyers nor sellers have a clear upper hand. Bank Nifty is stuck inside a narrow intraday box, so the triggers become even more important because a flat open often leads to a breakout on either side once volume picks up.

If price sustains above 59050 to 59100, the CE setup activates. Targets remain 59250, 59350, and 59450+. A stronger breakout above 59550 to 59600 can extend towards 59750, 59850, and 59950+.

If the index rejects 59450 to 59400 after a flat open and falls back, the PE setup triggers below 58950 to 58900. Targets remain 58800, 58700, and 58600-. A deeper slip below 58600 increases weakness toward the next support near 58550.

Flat opening usually creates two traps. first, early fake spikes around 59050–59100, and second, mid-range whipsaws near 59450–59400. So waiting for clean sustain above or below the marked zones will help avoid unnecessary stop-loss hits.