BANKNIFTY : Trading levels and Plan for 09-Dec-2025

📊 BANKNIFTY TRADING PLAN — 09 DEC 2025

BankNifty closed around 59,147, sitting just below the Opening Resistance (59,255) and well below Last Intraday Resistance (59,419).
Downside includes a major liquidity pocket:
Last & Important Intraday Support: 58,594 – 58,712

Tomorrow’s opening reaction at these key levels will dictate trend continuation or reversal.

Key Levels from the chart:
• Opening Resistance: 59,255
• Last Intraday Resistance: 59,419
• Major Resistance: 59,650
• Major Support Zone: 58,594 – 58,712

🚀 1. GAP-UP OPENING (200+ points)

A gap-up above 59,350–59,400 puts BankNifty directly near the resistance cluster.

1. 
   1. If price opens above 59,255 and retests it successfully
   • Do NOT chase the gap-up.
   • Wait for a retest of 59,255 with bullish reaction (wick rejections, CHoCH, engulfing).
   • Once confirmed → Long entry toward 59,419 → 59,650.
   • Book partial profits at 59,419 due to historical resistance.
   
   2. If price opens directly inside 59,419 (Last Intraday Resistance)
   • High chance of rejection and profit booking.
   • Avoid fresh longs here.
   • Look for rejection patterns → Short entries valid only if price falls back below 59,255.
   • Targets: 59,147 → 59,000.
   
   3. If breakout sustains above 59,650
   • Signals strong trending day.
   • Next targets open toward 59,800–59,900.
   • Trail stop-loss aggressively to protect gains.
   

📌 Educational Note:
Gap-ups often test nearby resistance first. Retests offer the safest way to enter trending moves.

⚖ 2. FLAT OPENING (±70 pts around 59,150)

Flat openings allow for clean structural setups.

1. 
   1. If price reclaims 59,255 and sustains
   • Buyers show control above this level.
   • Long setups activate after breakout + retest.
   • Targets: 59,419 → 59,650.
   
   2. If price rejects 59,255
   • Bearish rejection = lower-high structure.
   • Short setups valid toward 59,147 → 59,000.
   
   3. Break below 59,147 (LTP area)
   • Trend pressure shifts bearish.
   • Next downside targets: 58,900 → 58,712.
   

📌 Educational Note:
Flat opens reveal market intent through early candle structure. Let the market show its direction—avoid guessing.

📉 3. GAP-DOWN OPENING (200+ points)

A gap-down near 58,900–58,850 brings price closer to the big buyer zone.

1. 
   1. If price opens near 58,900 and holds above it
   • Expect initial volatility but avoid panic.
   • Look for reversal patterns → If confirmed → Long toward 59,000 → 59,147.
   
   2. If price opens inside the Major Support Zone (58,594–58,712)
   • This is the strongest demand region on the chart.
   • Never short inside this zone.
   • Look for reversal signs (hammer, bullish engulfing, CHoCH).
   • If reversal confirmed → Long toward 58,900 → 59,147 → 59,255.
   
   3. If price breaks below 58,594 with strong momentum
   • Do NOT enter immediately — wait for a retest.
   • If retest rejects → Short continuation toward 58,450–58,400.
   • Trend becomes bearish for the day.
   

📌 Educational Note:
Aggressive selling during gap-downs often sweeps liquidity before sharp reversals. Trade based on confirmation, not assumptions.

🛡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS

1. 
   1. Avoid trading the first 5 minutes after big gap opens.
   Premiums behave erratically.
   
   2. Do NOT buy deep OTM options after a big gap-up or gap-down.
   IV crush + theta decay = rapid losses.
   
   3. Always use price-level-based stop losses, not premium-based SL.
   
   4. Follow strict risk-per-trade:
   Risk only 1–2% of trading capital.
   
   5. High IV → favour option selling (credit spreads, iron condors).
   Low IV → option buying becomes more efficient.
   
   6. Book partial profits near major zones:
   59,255 / 59,419 / 59,650
   
   7. Avoid revenge trading.
   Protect capital before chasing profits.
   

📌 SUMMARY & CONCLUSION

• Bullish bias only above 59,255, with targets toward 59,419 → 59,650.
• Choppy zone expected between 59,147–59,255.
• Major downside reversal area: 58,594–58,712 (strong buyer zone).
• Always wait for breakout + retest for clean entries.
• Maintain disciplined risk management—levels are your guide.

⚠ DISCLAIMER

I am not a SEBI-registered analyst.
This plan is for educational purposes only and must not be considered investment advice.
Market behaviour can change rapidly — always use your own judgment and proper risk management.