#BANKNIFTY PE & CE Levels(24/02/2026)

Bank Nifty is expected to open flat around the 61250–61300 zone, indicating a neutral start within the current range. The index is trading between immediate support near 61050 and resistance around 61450–61550, suggesting consolidation before the next directional move.

If Bank Nifty sustains above 61550 with strong buying momentum and a solid 15-minute candle close, CE options can be considered for targets of 61750, 61850, and 61950+. A breakout above 61950 may further extend the rally toward the 62000–62100 zone.

On the downside, if price fails to hold 61200–61150 and slips below 61050, selling pressure may increase. A breakdown below 60950 can lead to targets of 60750, 60650, and 60550. Sustained trading below 60550 will confirm stronger bearish momentum.

Since it is a flat opening inside a well-defined range, avoid trading in the middle of consolidation. Wait for a confirmed breakout above 61550 or breakdown below 61050. Maintain strict stop loss and trail profits once momentum confirms the direction.