BANKNIFTY : Trading levels and plan for 10-July-2025

📊 BANK NIFTY INTRADAY PLAN – 10 JULY 2025 (15min TF)
An educational, level-based strategy plan based on key price zones and expected market behavior

📍 Reference Close: 57,187.85
📈 Gap Opening Threshold: 200+ points
⏱️ Tip: Wait for the first 15–30 minutes post-opening before confirming breakout/breakdown setups

🔍 IMPORTANT LEVELS TO WATCH

• []Opening Resistance: 57,402
  []Resistance for Sideways & Consolidation: 57,662 – 57,797
  []Opening Support Zone: 57,009 – 56,962
  []Last Intraday Support: 56,766
  

📈 SCENARIO 1: GAP-UP OPENING (Above 57,402)
Bias: Bullish with potential consolidation at upper zones

1. []A gap-up above 57,402 would signal early bullish strength.
   []Upside targets could stretch to 57,662–57,797 – a known resistance for consolidation.
   []If price shows rejection candles or wicks in this zone, consider partial profit booking or reversal setups.
   []Only continue bullish trades if 15-min candle closes above 57,797 with strong volume.
   

📊 SCENARIO 2: FLAT OPENING (Between 57,009 – 57,402)
Bias: Neutral to breakout – depends on price reaction

1. []This zone is a battle ground. Price may test both support and resistance.
   []If Nifty Bank sustains above 57,205 and reclaims 57,402, a breakout trade may evolve.
   []On the flip side, if it slips below 57,009, sellers may try to push it toward 56,766.
   []Avoid early trades. Wait for either a breakout above resistance or breakdown below support.
   

📉 SCENARIO 3: GAP-DOWN OPENING (Below 56,962)
Bias: Bearish to bounce watch

1. []A gap-down below 56,962 will likely push price towards 56,766 – a key level for intraday reversal or panic selling.
   []If 56,766 holds, we may see short covering. Look for bullish reversal patterns in this zone.
   []If it fails, next leg of decline may start and one can ride the downside using puts or short futures with tight SL.
   []Reversal trades must be confirmed by bullish structure; avoid bottom fishing without confirmation.
   

💡 OPTIONS RISK MANAGEMENT TIPS

• []Trade near support/resistance, not inside indecision zones
  []For uncertain sessions, favor spreads (Bull Call/Bear Put) to limit risk
  []Avoid averaging down losing options – instead, re-analyze your thesis
  []Stick to 15-min candle close-based stop-loss to avoid fake moves
  []Protect capital during sideways zones like 57,009–57,205 – stay nimble
  []Time decay impacts premium heavily post-2PM – be cautious in scalping late trades
  

📌 SUMMARY & CONCLUSION

• []Bullish above 57,402 with upside resistance at 57,797
  []Sideways zone between 57,009 – 57,402; breakout to decide direction
  []Bearish bias below 56,962, with last support at 56,766
  []Use patience and discipline – let the levels guide your trades
  

⚠️ DISCLAIMER: This is not investment advice. I am not a SEBI-registered analyst. The analysis is purely for educational purposes. Please consult your financial advisor before taking any trading decisions.