BANKNIFTY - Trading levels and Plan for 22-July-2025

📊 BANKNIFTY TRADING PLAN – 22-July-2025 📊

🔍 Market Context:
Bank Nifty closed at 56,916.75, forming a consolidation just below the resistance zone. Price action near the Opening Support (56,740) and Opening Resistance (57,045) will be crucial to watch. Depending on the type of market open, plan your trades with precision and discipline.

1. 📈 GAP-UP OPENING (➕200+ points above 57,100)
   
   In case of a gap-up opening above the Opening Resistance Zone (57,045–57,100), Bank Nifty may directly move into the Supply Zone (57,410–57,567).
   
   Plan of Action:
   
   Wait for the index to hit 57,410–57,565 supply zone.
   
   Look for reversal candles or rejection wicks on lower timeframes (5/15-min) to consider shorting with tight SL above 57,567.
   
   Targets: 57,045 > 56,740 > 56,585
   
   Avoid fresh long trades until a decisive breakout and retest above 57,567.
   
   📘 Educational Note: Never buy straight into a supply zone after a gap-up. Wait for price action confirmation.
   📉 Option Strategy: Ideal for Bearish Put Spreads or Intraday ATM/ITM Put Buying near reversal.
   
   
2. 📊 FLAT OPENING (within 56,740–57,045)
   
   If Bank Nifty opens flat, expect consolidation or a breakout from the opening box zone.
   
   Plan of Action:Bullish Setup: If price sustains above 57,045 with strong volume, consider longs.
   ➤ Targets: 57,410–57,567
   
   Bearish Setup: If price breaks below 56,740, then
   ➤ Targets: 56,585 > 56,366
   
   📘 Educational Note: Avoid trading in the first 15–30 mins unless clear direction is seen. Let the range settle.
   🧠 Discipline Tip: Follow “If-This-Then-That” logic; don’t preempt movement inside the range.
   
   
3. 📉 GAP-DOWN OPENING (➖200+ points below 56,700)
   
   A gap-down opening near or below 56,585 or 56,366 may attract panic selling or quick recovery.
   
   Plan of Action:
   
   Below 56,585, watch for 5–15 min candle close. If sustained below 56,366, expect downside till 55,994
   
   If price reclaims 56,740, look for a pullback rally.
   
   Conservative buyers should wait for reclaim of 56,740 with strength before going long.
   
   📘 Educational Note: Panic lows after gap-downs often lead to sharp reversals. Let price prove its strength first.
   📉 Option Strategy: Use ITM Put Options or Bearish Call Spreads. Avoid OTM chases post-move.
   
   

🛡️ Risk Management & Options Tips:

• []Always define SL on 15-min or hourly candle close.
  []Never risk more than 1–2% of your capital per trade.
  []Avoid trading both sides in volatile markets; stick to the breakout direction.
  []Avoid buying cheap OTM options post-breakout — prefer ATM/ITM with momentum.
  
• Protect profits by trailing SL or booking in tranches.
  

📌 Summary & Key Levels:

• []🔴 Resistance Zone: 57,410–57,567
  []🟧 Opening Resistance: 57,045
  []🟨 Opening Support: 56,740
  []🟦 Gap Support (gap-down): 56,585
  
• 🟫 Last Support: 56,366 > 55,994
  

📢 Conclusion:
22-July could be a decisive session for Bank Nifty as it approaches a critical resistance band. React to price—not predictions. Stay disciplined, don’t overtrade, and adjust to opening scenarios for optimal risk-reward setups.

⚠️ Disclaimer: I am not a SEBI registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before taking any trading decisions.