#BANKNIFTY Intraday PE & CE Levels(13/03/2026)

Bank Nifty is expected to open with a gap down opening near the 55100–55150 zone, indicating continued weakness after the recent downward move in the market. The index is currently trading close to an important support level around 55050, which will act as a crucial level for today’s session.

If Bank Nifty manages to sustain above 55050 and shows signs of buying momentum, traders may consider buying CE options above this level. A breakout above 55050 may push the index toward 55250, 55350, and 55450+ levels, which are the next resistance zones on the chart.

On the downside, if the index faces rejection near the 54950–54900 resistance band, traders may consider buying PE options in that range. A rejection from this zone may push the index toward 54750, 54650, and 54550 levels.

Further weakness below 54450 may trigger stronger selling pressure in the market. If Bank Nifty breaks below 54450, traders can consider buying PE options for targets of 54250, 54150, and 54050 levels.

Since the market is opening with a gap down, traders should avoid aggressive entries immediately at the open and wait for confirmation either above resistance or below support levels. Maintain strict stop loss and use trailing stop loss with partial profit booking at each target, as volatility may remain high during the session.