[INTRADAY] #BANKNIFTY PE & CE Levels(04/09/2025)

Bank Nifty is expected to open with a gap up, signaling a positive start to today’s session. After a phase of consolidation, the index is now attempting to build strength near its key resistance zones, and today’s opening could provide directional clarity.

On the upside, if Bank Nifty sustains above 54,050–54,100 levels, fresh buying interest may drive the index higher. In this case, the immediate targets will be 54,250, 54,350, and 54,450+. A strong breakout above 54,550 will further accelerate the momentum, paving the way toward 54,750, 54,850, and even 54,950+.

On the downside, if the index fails to hold above 53,950–54,000, weakness may creep in again. In such a case, the index can retrace toward 53,750, 53,650, and 53,550 levels. Sustained weakness below 53,550 could trigger further downside pressure, extending the fall toward 53,200–53,000 zones.

Overall, Bank Nifty is opening with a gap up and showing early signs of recovery.