Bankniftyanalysis
BANKNIFTY : Trading levels and Plan for 08-Dec-2025📊 BANKNIFTY TRADING PLAN — 08 DEC 2025
BankNifty closed around 59,735, positioned inside a No Trade Zone (59,649–59,857) where price tends to whipsaw.
A decisive move outside this range will determine the trend for the session.
Key Levels from the chart:
• Opening Resistance: 59,857
• Opening Support: 59,649
• Gap-down Support: 59,519
• Last Intraday Support: 59,360
• Deep Support: 59,114
• Last Intraday Resistance: 60,252
Tomorrow’s open will shape directional conviction.
🚀 1. GAP-UP OPENING (200+ points)
A gap-up above 59,950–60,000 indicates strong bullish sentiment and immediate exit from the No-Trade Zone.
1. If price opens above 59,857 and retests the zone
• Avoid chasing the opening candle.
• Wait for a retest of 59,857 (Opening Resistance).
• If retest holds with bullish CHoCH or wick rejection → Long setups activate.
• Targets: 60,000 → 60,252 (major resistance).
• Partial booking near 60,252 advisable.
2. If price opens directly near 60,252 (Last Intraday Resistance)
• High chance of profit booking.
• Avoid fresh longs inside this zone.
• Look for bearish wick rejection → Possible short opportunity back toward 59,950 → 59,857.
3. If 60,252 breaks convincingly
• This becomes a trending session.
• Upside continuation potential beyond 60,300–60,350.
• Trail SL aggressively as volatility increases.
📌 Educational Note:
Gap-ups must be traded using retests, not emotion. Institutions test whether the breakout is genuine before pushing further.
⚖ 2. FLAT OPENING (around 59,700 ± 60 pts)
A flat open inside or near the No-Trade Zone requires patience and clarity.
1. If price stays inside 59,649–59,857 (No Trade Zone)
• Avoid trading the centre of the zone.
• Wait for breakout with retest for clean, high-probability setups.
2. Break above 59,857
• Bullish momentum begins above this level.
• After breakout + retest → Long toward 60,000 → 60,252.
3. Break below 59,649
• Indicates early seller control.
• Short setups valid after retest of 59,649 from below.
• Downside targets: 59,519 → 59,360.
📌 Educational Note:
Flat opens allow the market to reveal intentions through structure. Trading only after breakout + retest avoids chop.
📉 3. GAP-DOWN OPENING (200+ points)
A gap-down near 59,500–59,550 brings price directly into strong liquidity zones.
1. If price opens near 59,519 (Gap-Down Support)
• Do NOT short blindly — buyers often react strongly here.
• Look for bullish reversal signs (hammer, engulfing, CHoCH).
• If reversal confirmed → Long toward 59,649 → 59,735.
2. If price opens near or falls into 59,360 (Last Intraday Support)
• This is a high-probability reversal zone.
• If price forms higher-low → Long back toward 59,519 → 59,649.
• If level breaks → Sellers gain control → Next target 59,114.
3. If price opens at or below 59,114 (Deep Support)
• Avoid catching falling knives.
• Wait for a strong V-shape recovery or retest before entering long.
• If price fails retest → Short continuation possible toward 58,950–58,900.
📌 Educational Note:
Gap-downs often sweep liquidity before reversing sharply. Identify reaction, not direction, before taking trades.
🛡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS
1. Avoid trading the first 5 minutes after a gap opening.
Premium volatility can trap you instantly.
2. Don’t buy far OTM options after big gaps.
Theta + IV crush = fast loss.
3. Always use price-action-based stop losses.
Premium-based SL triggers unpredictably.
4. Risk only 1–2% of your capital per trade.
5. In high IV → Prefer option selling strategies.
In low IV → Option buying becomes efficient.
6. Book profits near structural levels:
59,649 / 59,857 / 60,252.
7. Avoid averaging losers or revenge trading.
Protect capital first.
📌 SUMMARY & CONCLUSION
• Bullish bias above 59,857, with targets toward 60,000 → 60,252.
• No-Trade Zone: 59,649–59,857 → Avoid trading inside.
• Reversal zones on downside:
– 59,519
– 59,360
– 59,114
• Always wait for breakout + retest confirmation before entering.
• Respect risk management, avoid emotional decisions, and trade level-to-level.
⚠ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is purely for educational purposes and must not be considered investment advice.
Markets may behave unpredictably — use proper judgment and risk protection.
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. 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. 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. 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. 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.
BANKNIFTY : Trading levels and Plan for 04-Dec-2025📊 BANKNIFTY TRADING PLAN — 04 DEC 2025
Price closed around 59,333, sitting just below the Opening Support/Resistance Zone (59,378–59,517).
Market sentiment is still recovering from the recent selloff, but upside resistance remains heavy near 59,745–59,857.
Tomorrow’s opening will heavily determine whether BankNifty expands upward toward the resistance box or rotates back to the Last Intraday Support (58,792–58,862).
🚀 1. GAP-UP OPENING (200+ points)
Opening likely near/above 59,517 or even inside the resistance zone.
1. If Gap-Up opens above 59,517 → Wait for a Retest
• Avoid chasing the early spike.
• Look for price to retest 59,378–59,517 zone.
• If the retest holds with bullish structure (higher-low, bullish engulfing, CHoCH) → Long entry toward 59,745 → 59,857.
• This is the safest long trade of the day.
2. If Gap-Up opens directly inside the Resistance Zone (59,745–59,857)
• Expect heavy profit booking and intraday selling.
• Avoid long trades in this zone.
• Look for rejection candles, wicks, or bearish CHoCH.
• A short trade is valid only if price falls back below 59,517, confirming rejection.
3. Breakout Above 59,857
• Only trade if a strong candle closes above this level.
• This signals bullish continuation with targets 60,000+ (psychological level).
• Partial booking is advised in such breakouts.
📌 Educational Note:
Gap-ups often trap retail buyers. Market makers usually push price back to retest liquidity zones. Retest entries reduce risk and increase probability.
⚖ 2. FLAT OPENING (Near 59,300 ± 60 points)
This is the cleanest scenario for technical traders.
1. If price breaks above 59,378 and sustains
• Buyers show early strength.
• Long opportunity toward 59,517 → 59,745.
• This is a standard momentum continuation setup.
2. If price rejects 59,517
• Look for bearish candles or deviation.
• First downside target: 59,203 (Opening Support).
• Below 59,203 → Price may trend toward 58,862.
3. If price remains stuck between 59,203–59,517
• Expect a range-bound day.
• Trade only zone extremes:
– Buy near 59,203 (only with confirmation)
– Sell near 59,517 (only with confirmation)
📌 Educational Note:
Flat openings produce normal volatility and allow the market to reveal directional intentions more naturally.
📉 3. GAP-DOWN OPENING (200+ points)
Price likely opens near 59,100 or inside the Last Intraday Support (58,792–58,862).
1. If Gap-Down opens inside 58,792–58,862 (Support Block)
• Never short this zone blindly.
• This area previously held strong buyer interest.
• Look for reversal signs (hammer, bullish engulfing, CHoCH).
• If reversal seen → Long toward 59,203 → 59,378.
2. If Support Breaks Below 58,792
• Do NOT chase.
• Wait for price to retest the broken zone → If rejection appears → Short entry.
• Downside targets: 58,700 → 58,600.
3. Sharp Reversal From Gap-Down (V-Shape)
• If price recovers instantly above 58,862, buyers are absorbing aggressively.
• Above 59,203 → Further upside toward 59,378–59,517.
📌 Educational Note:
Gap-downs sweep liquidity; many times they reverse sharply as smart money collects orders. Always wait for confirmation.
🛡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS
1. Avoid trading the first 5 minutes on a big gap day.
Volatility crush and fake moves are common.
2. Never buy OTM options after a big gap.
Premiums deflate sharply once IV settles.
3. Always use price-based stop losses, not premium-based SL.
4. Position size rule:
Risk max 1–2% per trade.
5. If IV is high → Prefer selling strategies (Credit spreads, Straddles protection).
If IV is low → Option buying becomes more efficient.
6. Take partial profits at logical zones (like 59,378, 59,517, 59,745).
7. Avoid revenge trading or counter-trend trades without structure confirmation.
📌 SUMMARY & CONCLUSION
• Bullish bias above 59,517, with targets toward 59,745–59,857.
• Range expected if price stays between 59,203–59,517.
• High-probability reversals expected from 58,792–58,862 on gap-down.
• Focus on retests, confirmations, and clean structure before entering.
• Avoid emotional or chase-based trades—stick to the levels only.
⚠ DISCLAIMER
I am not a SEBI-registered analyst.
This plan is purely for educational purposes and should not be considered investment advice.
Market conditions can change rapidly—always trade with proper risk management and your own judgment.
BANKNIFTY : Trading levels and Plan for 03-Dec-3035📊 BANKNIFTY TRADING PLAN — 03 DEC 2025
BankNifty closed near 59,347, sitting inside the Opening Support / Resistance Flip Zone (59,309–59,380).
The index is currently attempting to stabilise after a sharp down-move, with both 59,554 and 58,930 acting as the most important decision zones for 03-Dec.
Market direction will depend on how price reacts around these zones at the open.
🔍 KEY LEVELS TO WATCH
🟥 Opening Resistance (Gap-Up Case): 59,554
🟥 Last Intraday Resistance: 59,707 – 59,767
🟥 Major Upside Target: 59,931
🟩 Opening Support / Resistance Flip Zone: 59,309 – 59,380
🟩 Last Intraday Support: 58,930 – 58,968
🟩 Major Breakdown Target: 58,780 – 58,720
🟢 SCENARIO 1 — GAP-UP OPENING (200+ POINTS)
If BankNifty opens around 59,500–59,600, it directly enters the Opening Resistance zone.
If price sustains above 59,554, buyers will push toward:
➡️ 59,707 → 59,767 → 59,931
Best long entry:
✔️ Breakout above 59,554
✔️ Retest candle with long lower wick
✔️ Entry on strength → Targets above
If price rejects 59,554–59,707 on the first 5–10 min (upper wicks, exhaustion):
Expect pullback to:
➡️ 59,420 → 59,309 zone
Only aggressive traders should attempt fade-shorts near 59,707–59,767.
High risk due to strength in the zone.
📘 Educational Note:
Gap-ups into resistance require confirmation of strength.
Don’t assume continuation — let structure break first.
🟧 SCENARIO 2 — FLAT OPENING (59,250–59,350)
Flat opening puts price directly inside the flip zone (59,309–59,380) — high indecision.
Range-bound movement expected in first 10–15 minutes.
Upside trigger:
✔️ Break above 59,380
Targets → 59,480 → 59,554 → 59,707
Downside trigger:
✔️ Break below 59,309
Targets → 59,200 → 59,120 → 58,968
Avoid trades inside 59,309–59,380 until a clean directional breakout occurs.
Safer setups:
— Retest of 59,380 for long
— Retest of 59,309 break for short
💡 Educational Tip:
Flat opens give the most reliable patterns after the first 3 candles.
Let noise settle, trade clean structure.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ POINTS)
A gap-down near 59,000–59,100 brings price close to the Last Intraday Support (58,930–58,968).
If 58,930–58,968 holds, expect a strong reversal toward:
➡️ 59,120 → 59,309 → 59,380
If price breaks 58,930 with momentum, downside opens to:
➡️ 58,820 → 58,780 → 58,720
Only take reversal longs if:
✔️ Support holds for 2–3 candles
✔️ Higher lows form
✔️ Strong bullish rejection wick appears
Breakdown traders should wait for retest of 58,930 after breakdown.
This gives low-risk continuation entries.
📘 Educational Note:
Gap-downs into major support can create high-quality reversal trades, but only after confirmation.
Never pre-empt reversals.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 🔐📘
Avoid trading the first 5 minutes — high trap probability.
Use ITM options for directional trades for better decay protection.
Keep SL based on chart levels, not option premium noise.
Avoid averaging losing positions — re-entry is cheaper than recovery.
Book partial profits at first target and trail stop loss.
During volatile zones, prefer spreads instead of naked options.
Stop trading after 2 consecutive losses — protect capital.
⚠️ Golden Rule:
Strong levels give clean trades.
Avoid trading in the noise zones.
📌 SUMMARY
Bullish Above:
✔️ 59,380 → 59,480 → 59,554 → 59,707 → 59,931
Bearish Below:
✔️ 59,309 → 59,200 → 59,120 → 58,968 → 58,780
Key Zones:
🟩 Strong Support: 58,930–58,968
🟧 Flip Zone (No-Trade until breakout): 59,309–59,380
🟥 Strong Resistance: 59,554–59,707
Major Trend Decider:
🔑 Sustaining above 59,554 → Trend bullish
🔑 Breaking below 58,930 → Trend bearish
🧾 CONCLUSION
BankNifty is positioned at a critical flip zone.
The day’s trend will depend on whether:
✔️ Buyers reclaim 59,380–59,554, or
✔️ Sellers break 59,309 → 58,930
Follow structure, avoid prediction, and trade only after confirmation.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is for educational purposes only.
Please consult a certified financial advisor before taking trades.
BANKNIFTY : Trading levels and Plan for 02-Dec-2025📊 BANKNIFTY TRADING PLAN — 02 DEC 2025
BankNifty closed around 59,697, sitting right between the Opening Resistance Zone (59,821–59,893) and the Opening Support / Resistance zone (59,485).
This creates a very sensitive region where the market may first trap traders before showing real direction.
The chart shows clear supply above and strong demand zones below, so the opening behavior will dictate whether the day becomes trend-continuation or a reversal session.
🔍 Key Intraday Zones
🟥 Opening Resistance Zone: 59,821 – 59,893
🟥 Last Intraday Resistance: 59,987
🟥 Major Resistance: 60,176
🟩 Opening Support / Resistance Zone: 59,485
🟩 Last Intraday Support Zone: 59,311 – 59,360
🟩 Major Breakdown Level: 58,960
🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points)
If BankNifty opens around 59,900–60,050, price directly enters or opens above the resistance cluster.
If price sustains above 59,893 for 10–15 minutes with strong volume →
⭐ Upside targets → 59,987 → 60,100 → 60,176
This is a classical continuation breakout structure.
If price rejects 59,893–59,987, expect a pullback toward:
➡️ 59,700 → 59,485
Best Long Setup →
Breakout above 59,987 + Retest + Bullish candle.
Avoid aggressive shorts immediately at open during a gap-up —
early supply tests often cause fake breakdowns.
📘 Educational Note:
Gap-ups into resistance are tricky.
Always wait for sustained acceptance above resistance rather than jumping in on the first candle.
🟧 SCENARIO 2 — FLAT OPENING (Near 59,650–59,720)
A flat open places the market between support and resistance → expect indecision.
If price breaks above 59,821, upside targets →
59,893 → 59,987
If price breaks below 59,485, downside opens up toward:
➡️ 59,360 → 59,311
Avoid trading inside 59,650–59,750 until structure becomes clear.
This is a noise zone.
Two high-probability setups:
✔️ Breakout–retest above 59,821
✔️ Breakdown–retest below 59,485
💡 Educational Tip:
Flat openings are where the first 3–4 candles reveal the full day’s trend.
Let the market show its intention before taking the first trade.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points)
A gap-down near 59,350–59,420 pulls price into the Last Intraday Support Zone (59,311–59,360).
If price holds 59,311–59,360 with long lower wicks →
Upside bounce targets →
59,485 → 59,650 → 59,821
If support breaks →
Next downside → 59,150 → 59,020 → 58,960
A sharp bounce from 58,960 is possible —
this is a major liquidity zone where buyers historically step in.
Aggressive selling only below 58,960 with confirmation.
Targets → 58,820 → 58,700
📘 Educational Note:
Gap-downs into strong demand often give the best reversal trades of the day —
but only after a higher low forms. Avoid revenge trades.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading the first 5 minutes after market opens.
For directional moves, choose ATM or ITM options.
Stop-loss must always be tied to chart structure — not premium price.
Do NOT average losing positions. Cut fast.
Trail your SL once first target hits — protect your gains.
Low VIX → Option buying becomes favorable.
High VIX → Prefer hedged spreads for safety.
⚠️ Golden Rule:
Capital protection is the real edge.
Consistency beats jackpot trades.
📌 SUMMARY
Bullish Above:
59,821 → 59,893 → 59,987 → 60,176
Bearish Below:
59,485 → 59,360 → 59,311 → 58,960
Strong Reversal Zones:
🟩 59,311–59,360
🟩 58,960 (Major Demand Zone)
🟥 59,893–59,987 (Heavy Supply Zone)
No-Trade Zones:
⚠️ Inside 59,650–59,750
⚠️ Direct middle-of-structure price at open
🧾 CONCLUSION
The market will primarily react to the 59,821 resistance and the 59,485 support.
These two levels will decide whether the trend continues upward or transitions to a corrective phase.
✔️ Breakout above 59,821 = Long opportunity
✔️ Breakdown below 59,485 = Short continuation
✔️ Reversal trades possible only at 59,311 or 58,960
Trade only after confirmation — avoid impulsive entries.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is for educational purposes only.
Consult your financial advisor before making any trading decisions.
BANKNIFTY : Trading levels and Plan for 01-Dec-2025📊 BANKNIFTY TRADING PLAN — 01 DEC 2025
BankNifty closed near 59,722, sitting just below a key Opening Resistance (59,945) and above a crucial Opening & Last Intraday Support area (59,582–59,610).
Price is compressing between a strong seller zone above and a strong buyer zone below — making the opening structure very important.
🔍 Key Intraday Levels
🟥 Opening Resistance: 59,945
🟥 Last Intraday Resistance: 60,176
🟩 Opening & Last Intraday Support Zone: 59,582 – 59,610
🟩 Last Intraday Support Zone: 59,452 – 59,500
🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points)
If the market opens around 59,900–60,050, it moves directly into resistance zones.
A sustained breakout above 59,945 for 10–15 mins →
⭐ Targets → 60,060 → 60,120 → 60,176
If price rejects from 59,945, expect pullback toward 59,800 → 59,720.
Avoid aggressive buying near 60,000 — sellers usually defend this psychological mark.
Best long trade →
Breakout above 59,945 → Retest → Strong green candle → Entry.
📘 Educational Note:
Gap-ups near resistance often trap breakout buyers. Wait for confirmation through retest or strong candle formations.
🟧 SCENARIO 2 — FLAT OPENING (Near 59,690–59,750)
A flat open places price between resistance and support — expect early indecision.
Breakout above 59,800–59,820 →
Upside levels → 59,945 → 60,060 → 60,176
If price fails to cross 59,800 and reverses →
Expect a slide towards 59,610 (support).
Breakdown below 59,610 →
Targets → 59,500 → 59,452
Avoid trading in the chop zone between 59,690–59,780 unless market shows clear structure.
💡 Educational Tip:
Flat openings offer the best trend identification. First 15-min candle tells the true direction — don’t pre-commit to a bias.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points)
A gap-down around 59,480–59,550 drops price directly into support.
If 59,452–59,500 holds with strong wick rejection →
Upside bounce targets → 59,582 → 59,720 → 59,820
If support breaks decisively →
Next downside → 59,360 → 59,280
A strong bounce from 59,452 is ideal for low-risk long setups — only with confirmation.
Avoid immediate option buying if volatility spikes after gap-down — wait for price stability.
📘 Educational Note:
Gap-down into support zones gives some of the strongest reversal trades — but only once a clear higher low is formed.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading first 5 minutes — especially on gap-ups/gap-downs.
Use ATM or ITM options for directional trades; avoid deep OTM decay.
Always define SL based on chart levels, not on premium.
Don’t average losing trades — structure invalidation = exit.
Partial profit booking helps secure gains in fast markets.
When VIX is low → Prefer buying.
When VIX is high → Prefer hedged selling strategies.
⚠️ Golden Rule:
Protect your capital first — the best setups come only 2–3 times a day.
📌 SUMMARY
Bullish above → 59,945
Targets → 60,060 → 60,120 → 60,176
Bearish below → 59,610
Targets → 59,500 → 59,452 → 59,360
Strong Reversal Zones:
🟩 59,452–59,500 — Deep buyer zone
🟥 59,945–60,176 — Seller zone
Avoid trading inside:
⚠️ 59,690–59,780 (Flat opening chop zone)
🧾 CONCLUSION
BankNifty’s trend for 01-Dec will depend on whether price:
✔️ Breaks out above 59,945
✔️ Rejects from 60,000
✔️ Holds support at 59,582–59,610
✔️ Breaks below 59,452 for deeper downside
Wait for structure confirmation and avoid trades inside choppy regions. Follow price, not predictions.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is strictly for educational purposes.
Please consult a certified financial advisor before taking any trading decisions.
BANKNIFTY : Trading levels and Plan for 28-Nov-2025📊 BANKNIFTY TRADING PLAN — 28 NOV 2025
BankNifty closed near 59,764, sitting just below a very important Opening Support / Resistance Zone (59,694 – 59,792), which is also marked as a No-Trade Zone due to expected volatility.
Price is currently between a major overhead resistance (59,997) and a strong downside support zone (59,428 – 59,461).
This makes the opening candle extremely important.
🔍 Key Intraday Levels
🟧 Opening Support / Resistance Zone (No Trade Zone): 59,694 – 59,792
🟥 Last Intraday Resistance: 59,997
🟥 Profit Booking Zone: 60,254
🟩 Opening & Last Intraday Support: 59,428 – 59,461
🟩 Major Downside Support: 59,306
🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points)
If BankNifty opens around 59,900–60,000, price enters directly into strong resistance.
A sustained breakout above 59,997 for 10–15 minutes →
⭐ Upside continuation targets → 60,120 → 60,180 → 60,254
(Profit booking zone — avoid fresh longs here)
If price rejects from 59,997 with long upper wicks →
Expect a pullback towards → 59,792 → 59,694
Avoid immediate buying — gap-up at resistance often causes sharp reversals.
Best long trade setup →
Breakout above 59,997 → Retest → Strong bullish candle → Long.
📘 Educational Note:
Gap-ups into resistance must be treated with caution. Volume confirmation is essential before taking continuation trades.
🟧 SCENARIO 2 — FLAT OPENING (Near 59,700–59,780)
A flat open places price inside the No-Trade Zone (59,694–59,792) — a choppy area.
Avoid taking positions inside this zone — unreliable signals and fake breakouts are common.
Breakout above 59,792 →
Upside targets → 59,900 → 59,997
Breakdown below 59,694 →
Downside targets → 59,550 → 59,461
Best trades occur OUTSIDE the zone:
✔️ Breakout above 59,792
✔️ Breakdown below 59,694
✔️ Support bounce from 59,428–59,461 (strong reversal zone)
💡 Educational Tip:
Flat openings are perfect for identifying trend. Let the first 15-min candle decide the direction — patience pays.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points)
A gap-down opening around 59,450–59,500 brings price directly into the Opening Support Zone (59,428–59,461).
If support at 59,428–59,461 holds with bullish wick rejection →
Reversal targets → 59,550 → 59,694 → 59,792
If price breaks below 59,428, expect fast downside:
➡️ 59,360 → 59,306
A sharp bounce from 59,306 can offer a low-risk long opportunity.
If all supports fail with momentum →
Extends toward → 59,200 → 59,140
📘 Educational Note:
Gap-down openings into strong support zones often give powerful reversal trades — but only after confirmation of higher lows or bullish structure.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading in the first 5 minutes — especially on gap openings.
Prefer ATM or ITM options for directional trades.
Never average a losing trade — theta decay punishes weak decisions.
Use structure-based SLs, not random premium SLs.
Book partial profits near key zones like 59,997 & 60,254.
When VIX is low → Option buying works better.
When VIX is high → Use hedged selling strategies.
⚠️ Golden Rule:
Your first job is to protect capital. The second job is to catch trends. No capital = no trading.
📌 SUMMARY
Bullish Above → 59,792
Targets → 59,900 → 59,997 → 60,120 → 60,254
Bearish Below → 59,694
Targets → 59,550 → 59,461 → 59,428 → 59,306
Strong Reversal Zones:
🟩 59,428–59,461 (Buyers’ defense zone)
🟥 59,997–60,254 (Profit booking & seller zone)
Highest-Risk Zone:
🟧 59,694–59,792 (No-Trade Zone) — avoid entries here.
🧾 CONCLUSION
BankNifty is positioned between important support and resistance clusters.
The market direction for 28-Nov will strongly depend on whether price:
✔️ Breaks out above 59,792
✔️ Rejects from 59,997
✔️ Reverses from 59,428
✔️ Breaks below 59,428 for deeper downside
Trade clean levels, avoid the No-Trade Zone, and let the structure guide your entries — not emotions.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is for educational purposes only.
Please consult a certified financial advisor before trading or investing.
BANKNIFTY : Trading levels and Plan for 27-Nov-2025📊 BANKNIFTY TRADING PLAN — 27 NOV 2025
BankNifty closed around 59,527, sitting right under the Opening Resistance Zone (59,537–59,654) and above immediate supports 59,392 and 59,245.
The structure is bullish, but price is entering a supply region, which makes the opening reaction extremely important.
Important Levels to Track:
🟧 Opening Resistance Zone: 59,537 – 59,654
🟥 Last Intraday Resistance: 59,945
🟩 Opening Support: 59,392
🟩 Last Intraday Support: 59,245
🟩 Major Downside Level: 59,054
🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points)
If BankNifty opens around 59,700–59,800, it opens directly into the resistance zone.
If price sustains ABOVE 59,654 for 10–15 minutes →
⭐ Upside targets → 59,780 → 59,860 → 59,945
If price fails to hold above 59,654 and shows rejection wicks →
Expect a correction → 59,600 → 59,537 → 59,392
Avoid chasing long immediately on gap-up — this resistance zone is used frequently for profit booking.
Best long entry = Breakout → Retest → Re-entry above 59,654.
📘 Educational Note:
Gap-ups near previous supply zones often trap retail buyers. Look for follow-through candles and rising volume before initiating long trades.
🟧 SCENARIO 2 — FLAT OPENING (Near 59,450–59,550)
A flat open keeps BankNifty inside the Opening Resistance Zone (59,537–59,654) — a tricky zone.
If BankNifty breaks above 59,654 with strength →
Upside → 59,720 → 59,780 → 59,945
If price stays inside 59,450–59,550 →
This becomes a no-trade zone; wait for breakout or breakdown.
Breakdown below 59,392 →
Targets → 59,300 → 59,245 (Major support)
Support retest at 59,392 with bullish wick can give a safe intraday long.
💡 Educational Tip:
Flat openings are the most reliable for identifying trend.
Let the first 15-min candle close — this candle usually sets direction.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points)
A gap-down below 59,200 pushes price into Last Intraday Support (59,245).
If 59,245 holds strongly with long lower wicks →
Upside targets → 59,350 → 59,392 → 59,537
If price breaks 59,245 with momentum →
Next support → 59,120 → 59,054
A high-quality reversal trade may form near 59,054, but ONLY after confirmation.
If BankNifty stays BELOW 59,245, expect a trending bearish session.
📘 Educational Note:
Gap-downs into strong supports can create large reversal moves — but only after absorption candles + higher lows.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid entering trades in the first 5–10 minutes, especially on gap openings.
Prefer ITM or ATM options for directional trades to reduce premium decay.
Use structure-based stop loss; DO NOT widen SL emotionally.
Avoid averaging losers — protect capital at all costs.
When VIX is low → option buying works better.
When VIX is high → prefer spreads or hedged selling.
Always book partial profits at major levels.
⚠️ Golden Rule:
Your survival matters more than catching every move. Capital protection = long-term profitability.
📌 SUMMARY
Bullish above → 59,654
Targets → 59,720 → 59,780 → 59,945
Bearish below → 59,392
Targets → 59,300 → 59,245 → 59,120 → 59,054
Avoid Trading Zones:
— 59,450–59,550 (Flat choppy zone)
— 59,537–59,654 (Supply zone until breakout)
🧾 CONCLUSION
BankNifty sits just under a crucial resistance band.
The cleanest and safest trades will come from:
✔️ Breakout + Retest above 59,654
✔️ Reversal setups near 59,245
✔️ Continuation short below 59,392
Avoid trading inside noisy zones — wait for strong structure.
⚠️ DISCLAIMER
I am NOT a SEBI-registered analyst.
This write-up is for educational purposes only.
Please consult a certified financial advisor before trading.
BANKNIFTY : Trading levels and Plan for 26-Nov-2025📊 BANKNIFTY TRADING PLAN — 26 NOV 2025
Current price around 58,810, sitting inside the No-Trade Zone (58,810–58,761) — a tricky zone where price typically whipsaws. Market direction will heavily depend on how price reacts to the Opening Resistance at 59,077 and the Buyer’s Must-Defend Zone at 58,294–58,392.
Key actionable levels:
🟥 Last Intraday Resistance: 59,246–59,297
🟥 Major Resistance: 59,537
🟧 Opening Resistance: 59,077
🟨 No-Trade Zone: 58,810–58,761
🟩 Last Intraday Support (Buyer’s Must-Try Zone): 58,294–58,392
🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points)
Gap-up expected above 59,000–59,150, placing price near or inside the resistance cluster.
If price sustains above 59,246 with volume for 10–15 mins →
⭐ Targets: 59,297 → 59,390 → 59,537
If price rejects 59,246–59,297, expect pullback toward:
➡️ 59,150 → 59,077 (Opening Resistance)
A retest + bullish candle at 59,077 can give a safe continuation long.
Avoid aggressive buying at open — gap-ups near resistance often produce fake breakouts.
📘 Educational Note:
Gap-ups work best only when the first retracement forms a higher low, confirming buyer strength. A tall red candle at resistance = early exhaustion.
🟧 SCENARIO 2 — FLAT OPENING (Around 58,760–58,820)
Flat opening happens exactly at the No-Trade Zone (58,761–58,810) — avoid trading initially.
If price breaks above 58,810 and sustains →
Targets → 58,950 → 59,077 → 59,246
If price breaks below 58,761, downside opens to:
➡️ 58,482 → 58,294 (Major support)
The safest trades will be:
— Breakout → Retest → Move
— Deep support bounce from 58,294–58,392
(“Buyer’s must-try zone”)
Avoid trading inside the yellow zone — volatility + no direction = traps.
💡 Educational Tip:
Flat opens reveal structure within the first 15-min candle. A strong body candle usually sets the day’s tone.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points)
A gap-down below 58,600–58,500 pushes price into the supportive demand area.
If price holds 58,482–58,392, expect reversal targets toward:
🔼 58,650 → 58,761 → 58,900
If price breaks below 58,390 with strong momentum →
Next supports →
➡️ 58,150 → 58,000 → 57,850
A bullish rejection wick at 58,392 is the strongest long setup of the day.
Avoid shorting after a steep gap-down unless breakdown is confirmed — morning panic often reverses sharply.
📘 Educational Note:
Gap-downs into demand zones often create V-shaped reversals — but only if buyers defend the level with strong wicks.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading in the first 5–10 minutes — volatility is highest.
Use ITM or ATM options for directional trades to avoid premium decay.
Keep SL strict — never widen it emotionally.
Do NOT average losing trades.
Trail SL once in profits.
If VIX is low → prefer option buying.
If VIX is high → hedge positions or use spreads.
Book partial profits at key levels — don’t wait for the full target.
⚠️ Golden Rule:
Protect capital first. Opportunities come daily — capital doesn’t.
📌 SUMMARY
Bullish Above → 59,077
Targets: 59,150 → 59,246 → 59,297 → 59,537
Bearish Below → 58,761
Targets: 58,482 → 58,392 → 58,150 → 58,000
Strong Support Zone for Reversal:** 58,294–58,392**
No-Trade Zone:** 58,761–58,810**
🧾 CONCLUSION
BankNifty sits at a key indecision zone. The day’s trend will be determined by the battle between:
🔥 Sellers defending 59,246–59,297
vs
🛡️ Buyers defending 58,294–58,392
The safest and cleanest trades will be:
✔️ Breakout + retest above 59,077
✔️ Reversal from 58,294–58,392
✔️ Breakdown & retest below 58,761
Trade only when direction is clear — avoid the traps inside the no-trade zone.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making trading decisions.
BANKNIFTY : Trading levels and Plan for 25-Nov-2025📊 BANKNIFTY TRADING PLAN — 25 NOV 2025
(Reference: 15-min structure & intraday zones)
BankNifty closed around 58,731, sitting right inside the No-Trade Zone (58,661–58,838) where volatility, fake breakouts, and whipsaws are highly likely.
As per the chart structure:
🟥 Opening Resistance (Gap-up case): 59,043
🟥 Last Intraday Resistance: 59,266
🟥 Major Resistance: 59,607
🟩 Opening Support (Gap-down case): 58,482
🟩 Last Intraday Support: 58,294
🟩 Major Support: 57,647
Below is the complete actionable plan for all opening scenarios 👇
🟢 SCENARIO 1 — GAP-UP OPENING (200+ points)
If BankNifty opens around 58,950–59,150, it directly tests the Opening Resistance (59,043) and approaches the Last Intraday Resistance (59,266).
If price sustains above 59,266 for 10–20 mins with strong bullish candles →
🎯 Upside targets → 59,350 → 59,470 → 59,607
If price rejects 59,043–59,266, expect a pullback toward:
➡️ 58,900 → 58,838
A bullish retest at 58,838 (top of No-Trade Zone) can give a safe long entry.
Avoid chasing a gap-up candle — gap-ups at resistance zones often trigger early reversals.
📘 Educational Insight:
Gap-ups near previous-day resistance usually generate liquidity hunts. Wait for structure to form — breakout + retest is far safer than impulse entries.
🟧 SCENARIO 2 — FLAT OPENING (Near 58,660–58,820)
A flat open places price inside the No-Trade Zone (58,661–58,838) — a region made for fake moves.
If price gives a clean breakout above 58,838, then retests →
Targets → 58,950 → 59,043 → 59,266
If price breaks 58,661 convincingly →
Bearish targets → 58,482 → 58,294
Best trades will be only outside the No-Trade Zone:
— Buy above 58,838
— Sell below 58,661
Avoid trading inside 58,661–58,838. Momentum is usually weak and full of noise.
💡 Educational Tip:
Flat openings are where patience pays. Let the first 15-min candle define trend bias before committing capital.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ points)
If BankNifty opens around 58,250–58,450, price enters Opening Support (58,482) and may slide towards the Last Intraday Support (58,294).
If 58,482 holds with long wicks + volume →
Reversal targets → 58,661 → 58,838 → 58,950
If price breaks 58,294 decisively →
Next supports → 58,050 → 57,900 → 57,647
A strong bounce at 57,647 is a very high-quality long setup.
Avoid bottom-fishing immediately after gap-down — wait for confirmation candles.
📘 Educational Note:
Gap-downs into strong support generate the cleanest reversals — but only after rejection + higher low formation.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading the first 5–10 minutes after the open — let volatility settle.
Use ITM or ATM options for directional trades; avoid far OTM traps.
Place SL based on structure, not on rupee value.
Never average a losing position — protect capital first.
When VIX is high → prefer hedged selling strategies (Spreads / Iron Condor).
When VIX is low → momentum buying works better.
Trail profits if market trends strongly — large moves often come on trending days.
⚠️ Golden Rule:
Trade levels, not emotions. Your job is to execute with discipline, not predict every tick.
📌 SUMMARY
Bullish above → 58,838**
Upside Targets → 58,950 → 59,043 → 59,266 → 59,470 → 59,607
Bearish below → 58,661**
Downside Targets → 58,482 → 58,294 → 58,050 → 57,900 → 57,647
No-Trade Zone:** 58,661–58,838
(wait for breakout + retest)
🧾 CONCLUSION
BankNifty is positioned at a sensitive zone where directional clarity will emerge only after a breakout from the No-Trade Zone.
The most reliable trades will come from:
✔️ Breakout & retest above 58,838
✔️ Rejection-based selling below 58,661
✔️ A reversal bounce from 57,647 in case of sharp gap-down
Trade with patience, wait for confirmation, and protect your capital.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is purely for educational purposes.
Please consult a registered financial advisor before trading or investing.
[INTRADAY] #BANKNIFTY PE & CE Levels(24/11/2025)Bank Nifty is expected to open with a gap-up today, indicating early buying interest and a positive sentiment shift after the recent decline. If the index sustains above the 59050–59100 zone, it will activate the buying setup with upside targets of 59250, 59350, and 59450+. A further breakout above 59550 may extend the bullish momentum toward 59750, 59850, and 59950+.
On the downside, weakness will be confirmed only if Bank Nifty slips below 58950, where the selling entry becomes active with targets at 58750, 58650, and 58550-. With a gap-up opening, buyers are likely to dominate initially, but momentum above key levels will decide the continuation of the trend for the rest of the session.
BANKNIFTY : Trading level and Plan - 24-Nov-2025📊 BANKNIFTY TRADING PLAN — 24 NOV 2025
(Reference: 15m chart structure & mapped intraday zones)
BankNifty closed around 58,851, sitting inside the Opening Support / Resistance Zone (58,747 – 58,729) — a high indecision region.
Price is currently trading below short-term moving averages, indicating intraday weakness unless reclaimed.
Key levels mapped for the day:
🟥 Opening Resistance Zone: 59,064 – 59,135
🟥 Last Intraday Resistance: 59,309
🟥 Profit Booking Zone: 59,570 – 59,630
🟧 Opening Support / Resistance: 58,747 – 58,729
🟩 Last Intraday Support: 58,487 – 58,559
Below is your complete scenario-wise plan 👇
🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points)
If BankNifty opens around 59,050–59,200, price enters the Opening Resistance Zone (59,064–59,135) directly.
If price sustains above 59,135 for 10–15 mins with strong bullish candles →
🎯 Targets → 59,309 → 59,400 → Profit Booking Zone: 59,570–59,630
If price rejects the 59,064–59,135 zone →
Expect pullback towards: 58,950 → 58,850
The safest long trade comes only after a breakout + retest above 59,135.
Avoid chasing longs at the open — this zone often causes whipsaws.
📘 Educational Note:
Gap-ups near resistance require confirmation. A flat or weak first green candle after a gap-up is often a trap.
🟧 SCENARIO 2 — FLAT OPENING (Near 58,800–58,880)
BankNifty opens inside the 58,747–58,729 indecision band — a key reaction area.
Breakout above 58,880 →
🎯 Targets → 59,064 → 59,135 → 59,309
Break below 58,729 →
Expect decline toward: 58,559 → 58,487
Avoid trading inside the zone until a clear direction emerges.
Best trades:
— Breakout → Retest → Long
— Breakdown → Retest → Short
💡 Tip:
Flat openings are perfect for identifying early trend strength — let the first 15m candle reveal the direction.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points)
Gap-down below 58,650 places price toward Last Intraday Support (58,487–58,559).
If BankNifty tests 58,559–58,487 and forms strong rejection (long wicks, bullish engulfing) →
🎯 Reversal targets → 58,729 → 58,880 → 59,064
If price breaks below 58,487 with momentum →
Further downside → 58,300 → 58,150
A bounce from 58,487 is a high-probability reversal setup — but only with confirmation.
Avoid averaging on the way down — gap-down days can trend strongly.
📘 Educational Note:
Gap-downs into major support often create the best risk–reward reversals, but only after a tested rejection.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading during the first 5–10 minutes after the open.
Prefer ATM / ITM options for directional trades to reduce theta decay.
Fix your stop-loss BEFORE entering — never widen SL.
Book partial profits at logical levels; let the remainder trail.
Avoid buying OTM options during sideways markets.
When VIX is high → prefer hedged spreads; when VIX is low → directional buying works better.
Do not overtrade inside no-trade zones.
⚠️ Golden Rule:
Protect your capital first — opportunities come daily, capital does not.
📌 SUMMARY
Bullish above → 59,135
🎯 Targets: 59,309 → 59,400 → 59,570–59,630
Bearish below → 58,729**
🎯 Targets: 58,559 → 58,487 → 58,300
High-Risk No-Trade Zones:**
— 58,747–58,729 (Opening zone)
— 59,064–59,135 (Supply zone unless broken)
🧾 CONCLUSION
BankNifty is trading near crucial support–resistance pivots, and the day’s trend will be dictated by reactions at 58,729 and 59,135.
The most reliable trades will come from:
✔️ Breakout above 59,135
✔️ Breakdown below 58,729
✔️ Reversal from 58,487–58,559 support zone
Stay patient, avoid noise, and let structure guide your entries.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult a certified financial advisor before taking trading decisions.
BANKNIFTY : Trading levels and Plan for 21-Nov-2025📊 BANKNIFTY TRADING PLAN — 21 NOV 2025
(Reference: 15-min chart structure & mapped intraday zones)
BankNifty closed around 59,343, trading just above Opening Support (59,291) and below the critical Opening Resistance (59,517).
Trend is bullish, but price is consolidating near a supply zone, making open behaviour extremely important.
Here are the major actionable levels for 21 Nov:
🟧 Opening Resistance: 59,517
🟥 Last Intraday Resistance Zone: 59,621 – 59,691
🟩 Opening Support: 59,291
🟦 Last Intraday Support: 59,188
🟩 Buyer’s Support Zone: 59,037 – 59,084 (Trend Reversal Zone)
🟢 SCENARIO 1 — GAP-UP OPENING (200+ points)
If BankNifty opens around 59,500–59,650, price opens directly at or inside resistance areas.
If price sustains above 59,517 for 10–15 minutes with strong bullish candles →
🎯 Upside targets → 59,621 → 59,691 → 59,750
If price enters the Last Intraday Resistance Zone (59,621–59,691), expect:
🔻 Profit booking / intraday reversal
💡 Book long profits here and avoid fresh buys.
Rejection from 59,620–59,690 can retrace toward:
➡️ 59,517 → 59,420 → 59,291
A bullish retest at 59,517 is a safe re-entry for continuation.
📘 Educational Note:
Gap-ups near resistance zones often fail if the first 5–15 min candle is weak. Always wait for higher-low confirmation before entering longs.
🟧 SCENARIO 2 — FLAT OPENING (Near 59,250–59,350)
A flat open places price between Opening Support (59,291) and Opening Resistance (59,517) — a decision zone.
Breakout above 59,517 →
🎯 Targets → 59,580 → 59,621 → 59,691
Breakdown below 59,291 →
🎯 Targets → 59,240 → 59,188
Avoid trading inside the 59,291–59,517 zone until a clear direction forms.
Best strategy:
✔️ Breakout → Retest → Long
✔️ Breakdown → Retest → Short
💡 Educational Tip:
Flat openings are ideal for trend discovery. The first 15-min structure gives the strongest clue—don’t anticipate, let levels break.
🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ points)
If BankNifty opens below 59,150, price enters a crucial demand area.
A gap-down near 59,188 (Last Intraday Support):
If price gives bullish wick rejection →
🎯 Targets → 59,240 → 59,291 → 59,337
If 59,188 breaks decisively →
Next major demand zone → 59,037 – 59,084 (Buyer’s Support Zone)
Expect a strong reversal attempt from 59,037–59,084.
A bullish reversal candle here is a high-probability long setup.
If 59,037 breaks →
Downside expansion → 58,950 → 58,880
📘 Educational Note:
Gap-downs into strong demand zones give powerful reversals, but only after confirmation. Never buy falling candles blindly.
💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡
Avoid trading during the first 5–10 minutes — high volatility = high risk.
For directional trades → Use ATM or ITM options for better decay control.
Maintain a fixed SL based on structure, not on emotions.
Avoid averaging losers — trend can continue longer than expected.
Book partial profits if momentum slows near resistance or support.
In low VIX → option buying works well.
In high VIX → prefer spreads or hedged selling.
Trail SL once BankNifty breaks out with momentum.
⚠️ Golden Rule:
Survive first, profit second. Capital protection creates consistency.
📌 SUMMARY
Bullish above → 59,517
🎯 Targets → 59,580 → 59,621 → 59,691
Bearish below → 59,291
🎯 Targets → 59,240 → 59,188 → 59,084
Strong Reversal Zone (for bounce trades):
✔️ 59,037 – 59,084
Key No-Trade Zone:
— 59,291 – 59,517 (Flat opening chop area)
🧾 CONCLUSION
BankNifty is at a critical decision point between 59,291–59,517, and the breakout or breakdown from this zone will drive the intraday trend.
The cleanest trades will come from:
✔️ Breakout + Retest above 59,517
✔️ Reversal from 59,037–59,084
✔️ Breakdown + Retest below 59,291
Avoid chop zones, wait for confirmation, and execute with discipline.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is for educational purposes only.
Please consult a certified financial advisor before making any trading decisions.
BANKNIFTY : Trading levels and Plan for 20-Nov-2025📊 BANKNIFTY TRADING PLAN — 20 NOV 2025
(Chart Basis: 15-min | Latest Close: 59,207.95)
Key Levels from Chart:
🔶 No Trade Zone: 59,151 – 59,292
🟥 Last Intraday Resistance / Profit Booking Zone: 59,517 – 59,620
🟩 Opening Support: 58,959
🟩 Last Intraday Support: 58,811
🟩 Important Swing Support for Trend Reversal: 58,616 – 58,528
These zones will govern direction and risk for the day.
🟢 SCENARIO 1 — GAP UP OPENING (200+ points)
Expected Opening Range: 59,400 – 59,500
A gap-up opening close to the Profit Booking Zone (59,517 – 59,620) is sensitive and prone to reversals.
Here’s the plan:
If BankNifty sustains above 59,620 →
🚀 Strong bullish continuation
🎯 Targets → 59,750 → 59,880 → 60,020
(Only valid if breakout candle closes above zone with volume.)
If price rejects from 59,517–59,620 →
Possible selling pressure →
📉 Targets → 59,380 → 59,292
Break below 59,292 after a gap-up is a weakness signal →
📉 Short Targets →
59,151 → 58,959
Avoid buying at open — wait for confirmation (retest or structure formation).
📘 Educational Tip:
Gap-up directly into resistance is a classic trap area where institutions distribute their positions.
Wait for the market to prove strength.
🟧 SCENARIO 2 — FLAT OPENING (Between 59,150 – 59,250)
A flat open places price inside the No Trade Zone (59,151 – 59,292).
This zone generally creates sideways, confusing price action.
Avoid trading inside the No-Trade Zone.
Reason: weak momentum, high noise, easy SL hunts.
Bullish Only if price sustains above 59,292 →
🎯 Targets → 59,380 → 59,517 → 59,620
Bearish Only if price sustains below 59,151 →
📉 Targets → 58,959 → 58,811
Best entries occur ONLY after zone break + retest.
📘 Why No-Trade Zone?
This zone is a price balancing area.
Market enters “indecision mode” — avoid low-quality setups.
🔻 SCENARIO 3 — GAP DOWN OPENING (200+ points)
Expected Opening Range: 58,800 – 58,950
Gap-down brings market closer to multiple strong support zones.
If price takes support at 58,959 →
Possible bounce setup →
🎯 Targets →
59,151 → 59,292
If price breaks 58,959 and sustains below it →
Next support = 58,811
Break below 58,811 gives →
📉 Targets →
58,700 → 58,616
If price enters the major support zone (58,616 – 58,528) →
Expect a high-probability reversal setup
(Strong buyers usually defend this region)
If reversal forms →
🎯 Upside Targets →
58,811 → 58,959 → 59,151
If 58,528 breaks →
Market turns weak
📉 Downside Targets →
58,420 → 58,300
📘 Educational Note:
Major supports often produce the strongest reversal trades —
But only after confirmation such as wicks, higher low, or bullish engulfing.
💼 OPTIONS TRADING RISK MANAGEMENT — MUST FOLLOW 💡
Avoid trading the first 3–5 minutes after open.
Use 20–30% SL for option buying.
Buy options ONLY near key zones to get better RR.
Avoid far OTM options — they decay faster near expiry.
Never average a losing position.
Book partial profits at +30–40%.
If 2 SLs hit → Stop trading for the day.
⚠️ Pro Tip:
Trading is not about catching every move —
It’s about protecting capital and taking only the “best” setups.
📌 SUMMARY
Bullish Above → 59,292
Targets → 59,380 → 59,517 → 59,620
Bearish Below → 59,151
Targets → 58,959 → 58,811
Major Trend Reversal Zone (Strong Demand):** 58,616 – 58,528**
Major Supply / Profit Booking Zone:** 59,517 – 59,620**
No Trade Zone:** 59,151 – 59,292**
🧾 CONCLUSION
The market sits right below a critical supply zone and just above strong supports.
Directional clarity will come only after breaking the No Trade Zone.
Your best trades come from:
✔️ Breakouts above 59,292
✔️ Rejections from 59,517–59,620
✔️ Reversal setups near 58,616–58,528
Stay disciplined, wait for confirmation, and follow your zones.
⚠️ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is purely for educational purposes and not investment advice.
Please consult your financial advisor before trading.






















