BANKNIFTY : Trading Levels and Plan for 21-Apr-2025📘 BANK NIFTY TRADING PLAN – 21-Apr-2025
📊 Index Spot Close: 54,252.05 | ⏱ Timeframe: 15-Min | 🔍 Gap Opening Threshold: 200+ Points
🔼 Scenario 1: Gap-Up Opening (Above 54,452+)
A gap-up above 54,452 will push Bank Nifty closer to a profit booking/resistance zone at 54,885–55,051 . The index has recently witnessed a sharp rally, so aggressive continuation is less probable unless strong volumes support the move.
📌 Plan of Action:
Allow the first 15–30 minutes for price action to settle. Avoid entering in the initial volatility.
If price consolidates above 54,452 and reclaims 54,633, consider long entries targeting the upper resistance zone (54,885–55,051).
Trail SL strictly as price approaches the red zone — signs of exhaustion could trigger a sharp reversal.
If the price opens in the red zone (above 54,885), look for bearish reversal patterns (e.g., Doji, bearish engulfing). Short positions may be considered with SL above 55,051.
A failure to hold above 54,452 could result in a fade toward 54,161.23.
💡 Educational Tip:
Gap-ups into resistance zones often invite profit booking. Wait for confirmation of strength before entering. Avoid chasing the rally blindly.
⚖️ Scenario 2: Flat Opening (Between 54,161 – 54,452)
This is a balanced zone where volatility can expand either way. There’s support around 54,161, while resistance near 54,633 needs to be breached for any bullish continuation.
📌 Plan of Action:
Wait for the first 15-min candle to form. Avoid premature trades in tight ranges.
A breakout above 54,452–54,633 with volume could lead to a test of 54,885. Take long positions cautiously with strict SL below breakout candle.
If Bank Nifty fails to hold 54,161, expect a slide toward the green zone (Opening Support Zone: 53,913–53,737).
Short trades are valid if price retests and gets rejected from 54,452–54,633, targeting 53,913–53,737.
Avoid trading within 54,161–54,452 unless structure forms (ascending triangle, flag pattern, etc.).
💡 Educational Tip:
Flat openings provide best risk/reward only when range breakouts occur. Don’t force trades — let the market give you direction.
🔽 Scenario 3: Gap-Down Opening (Below 53,913)
A 200+ point gap-down below 53,913 could lead to swift reactions, as the price enters a critical support zone. Immediate demand lies between 53,737–53,562, followed by a final intraday support near 52,683.
📌 Plan of Action:
Let the index stabilize for the first 15–30 minutes; don’t rush into shorts.
If price fails to reclaim 53,913 and breaks below 53,737, initiate shorts for targets 53,562 → 52,683.
Watch out for bullish reversal patterns near 53,562 and 52,683. If formed with volumes, consider bounce trades with targets back to 53,913.
Avoid shorting near demand zones unless there’s a clean breakdown structure (e.g., breakdown + retest).
If price reclaims 53,913 and sustains, avoid shorts — it could signal short-covering.
💡 Educational Tip:
Support zones trap emotional shorters. Only short if you see clean breakdowns with volume. Never guess support breaks without confirmation.
🛡️ Risk Management Tips for Options Traders 🔐💼
✅ Trade ATM or slightly ITM options — better price movement, lesser decay
✅ Don’t trade in first 15 minutes — avoid opening volatility traps
✅ Set SL based on candle close, not absolute premium values
✅ Use spreads (bull call/bear put) on high IV days to reduce directional risk
✅ Never risk more than 1–2% of capital per trade
✅ Avoid averaging losers — exit and re-enter based on structure
✅ Maintain a trading journal — log reasons, emotions, and learnings
✅ Avoid revenge trading after a loss — clear head = better trades
🧾 Summary & Conclusion 🧠📊
📍 Gap-Up (Above 54,452): Momentum possible toward 54,885–55,051, watch for reversals in red zone
📍 Flat Open (54,161–54,452): Wait for range breakout → Play structure-based trades
📍 Gap-Down (Below 53,913): Breakdown if below 53,737 → Targets: 53,562 & 52,683
📍 Key Level to Watch:** 53,913 – flip zone between bulls & bears
🧘♂️ Final Note: Don’t trade predictions, trade reactions. Patience + discipline is what keeps traders in the game long term.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . This trading plan is created for educational purposes only . Please consult with a financial advisor or do your own research before making any trading decisions. Markets involve risk — manage your capital wisely.
Bankniftyprediction
BANKNIFTY Descending Channel Breakout Alert – Targeting 57450+The chart displays a descending channel breakout in the Bank Nifty Index on the daily timeframe. After months of consolidation between a downward sloping resistance and support trendline, a strong breakout has been observed.
🔺 Resistance Zone (Red Channel)
Multiple rejections along the red downward sloping trendline marked as Resistance.
The breakout candle has successfully closed above this zone, confirming a bullish breakout.
🔻 Support Zone (Green Channel)
Historically strong buying zones identified at the green support trendline.
Each dip toward this line was followed by a bullish move.
📈 Breakout Confirmation
The price has broken out of the resistance channel, and the breakout zone is highlighted with a black circle.
The pattern height is used to estimate potential upside targets post-breakout.
🎯 Target Levels Post-Breakout
Initial Target: 53,950+
Next Target: 55,450+
Projected Final Target: 57,450+
(Calculated by adding the pattern height to the breakout level)
🛑 Stop Loss Strategy
A strict stop loss is placed below 51,450, to manage risk in case the breakout fails.
Bank Nifty spot 51002.35 by the Daily Chart view - Weekly UpdateBank Nifty spot 51002.35 by the Daily Chart view - Weekly Update
* Support Zone 49950 to 50275 Index Band
* Resistance Zone 50850 TO 51150 Index Band
* Gap Down Opening of 7th April, 2025 is yet partially filled
* Rest most of the recent past Gap Up and Gap Down Openings prior to April 2025 are filled and closed
Bank Nifty Monthly Analysis: Key Support & Resistance LevelsFrom the monthly price action perspective, Bank Nifty has taken strong support at the 48,378.40 level. After the recent gap-down, the market has shown a good upward move. However, we are facing resistance at the 51,519.40 level. If there's any rejection from that level, the market might again take support around the 48,300 level.
This is just an idea for educational purposes. Please do not consider this as any kind of financial advice. It is solely meant for knowledge purposes.
Thank you.
BANKNIFTY : Trading levels and Plan for 08-Apr-2025📊 BANK NIFTY TRADING PLAN – 08-Apr-2025
Chart Timeframe: 15-Minute
Previous Close: 49,985.95
🔍 Key Zones to Monitor:
🔴 Last Intraday Resistance: 50,763
🟠 Opening Resistance: 50,148
🟡 No Trade Zone: 49,510 – 49,690
🟧 Opening Support: 49,690
🟤 Last Intraday Support: 49,511
🟢 Buyer’s Support Zone: 49,055 – 48,941
🔼 Scenario 1: Gap-Up Opening (200+ points above 50,148)
If Bank Nifty opens above 50,350+ , we will be opening above the key Opening Resistance zone and heading toward the Last Intraday Resistance at 50,763 .
📌 Plan of Action:
Wait for price to sustain above 50,148 post-opening. If it consolidates or retests and bounces back, long positions can be initiated with a target toward 50,500 – 50,763 .
Be cautious near 50,763 – this is a supply zone. Avoid chasing the rally without volume confirmation. Watch for reversal candles like bearish engulfing or shooting stars to go short.
If a fake breakout occurs and price closes back below 50,148 on 15-min chart, it may trap bulls — consider shorting toward 49,985 → 49,690 .
Do not enter trades in the first 15 minutes; wait for confirmation via price action or retest of support/resistance.
💡 Tip: Gap-up openings near resistance are often traps. Smart traders wait for confirmation rather than entering impulsively.
⚖️ Scenario 2: Flat Opening (Between 49,985 – 50,148)
If the market opens flat or slightly positive near 49,985 , we are just below the Opening Resistance. The immediate focus will be on whether price can break and sustain above it.
📌 Plan of Action:
Breakout above 50,148 with strength can lead to a move toward 50,500 → 50,763 . Enter long only if 15-min candle closes above 50,148 with strong momentum.
If price fails to break and sustains below 50,148 , it may slip into the No Trade Zone: 49,690 – 49,510 . Avoid fresh entries here unless you see clear price structure.
Look for a bounce setup from the bottom of the range 49,690 with reversal signs to go long back toward 49,985+ .
If price breaks and closes below 49,690 , short opportunities open toward 49,511 → 49,055 .
💡 Tip: In flat openings, let the price action build structure. First breakout or breakdown from initial balance often gives the best R:R trade.
🔽 Scenario 3: Gap-Down Opening (200+ points below 49,690)
A gap-down below 49,490 puts the price near Last Intraday Support or even in the Buyers’ Support Zone (49,055 – 48,941).
📌 Plan of Action:
Monitor price behavior near 49,055 – 48,941 zone. This is a high-probability reversal zone. Look for bullish patterns like hammer or double bottom on 15-min chart to go long.
If support breaks decisively below 48,941 , avoid buying the dip — price may head toward new lows.
Wait for retest and rejection near 49,511 – 49,690 if price attempts to fill the gap. That area becomes strong resistance in case of pullback.
Ideal trades are reversal longs from buyer zone or breakdown shorts below 48,941 on confirmation.
💡 Tip: Gap-downs often trigger panic. Smart traders fade extreme sentiment near strong support zones but always with confirmation and stop loss.
🛡️ Options Trading Risk Management Tips
✅ Avoid Blind Buying of OTM Options: Especially on gap openings. Wait for volatility to settle post 15–30 mins.
✅ Use Spreads to Limit Risk: Bull Call Spreads or Bear Put Spreads reduce theta and vega risks in uncertain zones.
✅ Stick to Defined Stop Loss: Preferably based on 15-minute candle closing, not absolute price.
✅ Keep Position Size in Check: Risk only 1–2% of your capital per trade. Control drawdowns.
✅ Avoid Overtrading Inside No Trade Zone: This zone is for observation, not execution, unless structure develops clearly.
✅ Watch Option Greeks: Stay alert on delta and theta, especially near expiry or IV crush zones.
🧾 Summary & Conclusion
📌 Bullish Above: 50,148 → 50,500 → 50,763
📌 Bearish Below: 49,690 → 49,511 → 49,055
📌 No Trade Zone: 49,510 – 49,690
📌 Buyer’s Strong Support: 49,055 – 48,941
✅ Best Trades Form: After price retests and gives confirmation.
❌ Avoid Emotional Trading: Stick to plan and avoid revenge trades.
⌛ Let the first 15–30 minutes pass: before taking your first trade.
🧘♂️ Patience + Structure = High Probability Trades
⚠️ Disclaimer
I am not a SEBI-registered analyst . All levels, analysis, and trading plans shared here are purely for educational purposes . Please consult your financial advisor before taking any trading decision. Trade at your own risk with proper risk management.
BANKNIFTY : Trading levels and plan for 07-Apr-2025📊 BANK NIFTY TRADING PLAN – 07-Apr-2025
Chart Timeframe: 15-Minute
Previous Close: 51,515.25
🎯 Key Zones to Watch:
🟥 Profit Booking Zone: 52,228 – 52,422
🟥 Opening / Last Intraday Resistance: 51,780
🟧 Opening Support Zone: 51,319 – 51,405
🟩 Opening / Last Intraday Support: 50,990
🟢 Support / Sideways Zone: 50,437 – 50,664
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,780)
If Bank Nifty opens above 51,980+ , it will likely be in the bullish zone, entering the Sideways / Profit Booking area (52,228 – 52,422) . This zone may not be ideal for fresh long entries unless there's strong momentum.
📌 Plan of Action:
Wait for a sustained move above 52,228 with a strong candle close (15-min or hourly). Only then consider entering long positions toward 52,370 – 52,500 .
If price opens in this zone and starts rejecting near 52,228 – 52,422 , look for a reversal signal (e.g., bearish engulfing) to take low-risk short trades.
Avoid longs if the price opens too close to 52,400 – it's a high-risk zone for reversals and profit booking.
Safer long entries only on retest and reclaim of 51,780 if breakdown occurs post-gap-up.
💡 Educational Tip: Gap-ups near resistance are often traps. Let the first 15–30 minutes pass and observe if the price holds above the breakout zone. Confirmation is key before jumping in.
⚖️ Scenario 2: Flat Opening (Near 51,515 – 51,542 region)
If Bank Nifty opens flat near the previous close, it’s trading near the equilibrium. Immediate zones to watch are the Opening Resistance at 51,780 and Opening Support Zone at 51,319 – 51,405 .
📌 Plan of Action:
Wait for price direction – a move above 51,780 with strength can lead to a rise toward 52,000 → 52,228+ .
If price slips below 51,405 , it may revisit 51,319 → 50,990 for support.
Avoid trading in chop between 51,319 – 51,780 unless clear structure forms.
Use the “inside range” to fade extremes — buy near 51,319 with reversal confirmation and sell near 51,780 if rejection is seen.
💡 Educational Tip: Sideways markets are excellent for mean-reversion traders but dangerous for breakout traders. Avoid overtrading inside tight ranges and wait for confluence setups.
🔽 Scenario 3: Gap-Down Opening (200+ points below 51,319)
A gap-down below 51,100 opens doors to retest support areas near 50,990 → 50,664 → 50,437 . The market sentiment in this case would likely be weak.
📌 Plan of Action:
Watch if price takes support near 50,990 . A strong bounce can take prices back to test 51,319 – 51,405 .
If breakdown occurs below 50,664 , expect acceleration toward the final support at 50,437 .
Look for reversal signs (like hammer candles) near 50,437 to go long for a dead-cat bounce.
Avoid fresh shorting near 50,437 – it’s a buying zone unless price breaks down sharply with volume.
💡 Educational Tip: Panic gap-downs can present excellent reward-to-risk opportunities if prices bounce from strong demand zones. Be patient and wait for candle confirmation before entering.
🛡️ Risk Management Tips for Options Trading
✅ 1. Avoid Buying OTM Options on Gaps: Gaps increase IV, and premiums are inflated. Wait for a cooldown.
✅ 2. Prefer Spread Strategies: Use bull call or bear put spreads to reduce theta and vega risk.
✅ 3. Use Candle-Based Stop Loss: Never hold hope trades. Exit on 15-min close below key levels.
✅ 4. Position Sizing is King: Don’t risk more than 2% of your capital on a single trade.
✅ 5. Trade Only After Confirmation: The first 15–30 mins are volatile. Let direction establish before entering.
✅ 6. Avoid Selling Options Too Early: Wait for key resistance or support zones to be tested for good premium decay.
🧾 Summary & Conclusion
📍 Bullish Above: 51,780 → 52,228 → 52,422**
📍 Support Zones: 51,319 – 51,405 → 50,990 → 50,664 → 50,437**
📍 Key Trigger Levels:
🔼 Long entry confirmation above 51,780
🔽 Breakdown trigger below 50,990
📌 Avoid trading blindly on open. The best trades form after retest or rejection from the zones . Let the chart give you confirmation. Trade with a risk-defined mindset and avoid emotional decisions.
🧘♂️ Patience and discipline will outperform impulse every single time.
⚠️ Disclaimer
I am not a SEBI-registered analyst . The information and levels shared here are purely for educational purposes . Please do your own research or consult with your financial advisor before making any trading decisions.
BANKNIFTY : Trading levels and plan for 04-Apr-2025📌 BANK NIFTY Trading Plan – 04-Apr-2025
📊 Market Overview:
Bank Nifty closed at 51,581.55, showing a steady recovery but still facing resistance from a downward trendline. The opening resistance (51,781) and opening support (51,402 – 51,202) will be crucial in determining the trend for the day.
To navigate this session effectively, we will analyze all potential market opening scenarios and provide an actionable trading strategy.
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,781)
A gap-up above 51,781 signals bullish momentum, but strength near 52,132 – 52,251 (last intraday resistance zone) will determine if the rally continues.
✅ Plan of Action:
If Bank Nifty sustains above 51,781, expect a move towards 52,132 → 52,251. A breakout above 52,251 could trigger further buying towards 52,500.
If Bank Nifty faces rejection at 52,132 – 52,251, expect a pullback towards 51,781, where it may either bounce or break down.
Avoid aggressive long positions near 52,251 unless a strong breakout with volume occurs.
🎯 Pro Tip: If the gap-up struggles to hold 51,781 in the first 15 minutes, profit booking may follow, leading to consolidation or a dip.
⚖ Scenario 2: Flat Opening (Within ±200 points, around 51,581)
A flat opening suggests indecision, where price action around the opening support (51,402 – 51,202) and resistance (51,781) will set the trend.
✅ Plan of Action:
Upside case: If Bank Nifty sustains above 51,781, expect a test of 52,132 – 52,251.
Downside case: If Bank Nifty slips below 51,402, it could test 51,202 (last intraday support), followed by 50,942 if selling intensifies.
No Trade Zone: Avoid trading inside 51,402 – 51,781 unless a strong breakout or breakdown occurs.
🎯 Pro Tip: Wait for a strong 15-minute candle close outside the range before initiating a trade to avoid false breakouts.
🔽 Scenario 3: Gap-Down Opening (200+ points below 51,202)
A gap-down below 51,202 indicates bearish sentiment, with key support at 50,942 being the last buyer’s zone.
✅ Plan of Action:
If Bank Nifty sustains below 51,202, expect a decline towards 50,942. A breakdown below 50,942 could push the index towards 50,700 – 50,500.
If Bank Nifty finds support at 50,942 and rebounds, look for a possible recovery towards 51,202 → 51,402.
Avoid panic shorting on a gap-down open; wait for confirmation before entering trades.
🎯 Pro Tip: A gap-down near a strong support zone could trigger a short-covering bounce. Wait for a reversal signal before taking long positions.
⚠️ Risk Management Tips for Options Traders
🛑 Avoid Over-leveraging – Stick to defined risk per trade and avoid emotional trading.
⌛ Theta Decay Awareness – If the market remains sideways, option premiums will erode rapidly.
🔄 Use Spreads for Risk Control – Consider hedged positions like Bull Call or Bear Put spreads instead of naked options.
📊 Trade at Key Levels – Avoid random trades; focus on high-probability setups.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 51,781 → 52,132 → 52,251
🟧 Opening Support/Resistance Zone: 51,402 – 51,202
🟩 Support: 50,942 → 50,700
🔸 Bullish Bias: Above 51,781, targeting 52,132 – 52,251
🔸 Bearish Bias: Below 51,202, expecting a drop towards 50,942 – 50,700
🔸 Neutral/Choppy: Inside 51,402 – 51,781, wait for a breakout
🎯 Final Advice:
Stick to the trading plan and execute trades only at key levels.
The first 15-30 minutes will define market sentiment—observe price action carefully.
Risk management is crucial—never risk more than you can afford to lose.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
🚀 Stay updated with real-time trade setups!
BANKNIFTY - Intraday trading levels and plan for 03-Apr-2025📌 BANK NIFTY Trading Plan – 03-Apr-2025
📊 Market Overview:
BANK NIFTY closed at 51,372.75, recovering from a significant dip. The immediate support/resistance zone (51,402 – 51,372) will be crucial for setting the direction. The price action around 51,751 (last intraday support) and 51,071 (opening support) will determine the market trend.
To trade effectively, let’s analyze all possible opening scenarios and structure a trading plan accordingly.
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,751)
A gap-up above 51,751 signals bullish sentiment, but the price action near the major resistance zone (52,129) will decide whether the rally continues.
✅ Plan of Action:
If BANK NIFTY sustains above 51,751, expect further upside towards 52,129. A strong breakout above 52,129 with volume could push the index towards 52,300 – 52,450.
If the price struggles at 51,751 – 52,129, expect profit booking, leading to a retest of 51,600 – 51,500.
Avoid aggressive longs at 52,129 unless a breakout with strong momentum occurs. Look for either a retest entry or breakout confirmation before entering.
🎯 Pro Tip: If the gap-up fails to hold 51,751 within the first 15 minutes, it may indicate weak bullish strength, increasing the probability of a reversal.
⚖ Scenario 2: Flat Opening (Within ±200 points, around 51,372)
A flat opening suggests indecision, where price action near the opening support/resistance zone (51,402 – 51,372) will determine the trend.
✅ Plan of Action:
Upside case: If BANK NIFTY holds above 51,402, expect a move towards 51,751. A breakout above 51,751 could push the index towards 52,129.
Downside case: If BANK NIFTY falls below 51,372, expect a decline towards 51,256 → 51,071. A breakdown below 51,071 confirms a bearish trend.
No Trade Zone (51,372 – 51,402): Avoid trading within this range unless a clear breakout or breakdown occurs.
🎯 Pro Tip: The first 15-30 minutes will define the direction. Wait for a strong 15-minute candle closing outside the range before taking a position.
🔽 Scenario 3: Gap-Down Opening (200+ points below 51,071)
A gap-down below 51,071 suggests bearish sentiment, with potential downside towards 50,884 (last intraday support).
✅ Plan of Action:
If BANK NIFTY sustains below 51,071, expect a drop towards 50,884. A breakdown below 50,884 could push prices further down to 50,700 – 50,500.
If BANK NIFTY finds support at 50,884 and rebounds, look for a potential recovery towards 51,071 → 51,256. A breakout above 51,256 would signal a bullish reversal.
Be cautious of bear traps – If the market gaps down but quickly recovers, short-covering rallies can trigger a sharp upside move.
🎯 Pro Tip: If the gap-down happens near a strong support zone, wait for bullish confirmation (e.g., reversal candlestick patterns) before going long.
⚠️ Risk Management Tips for Options Traders
🛑 Avoid Over-leveraging – Maintain proper position sizing to control risk.
⌛ Theta Decay Awareness – Sideways movement will erode option premiums; avoid buying options in a choppy market.
🔄 Use Spreads for Risk Control – Instead of naked options, use spreads to hedge and improve probabilities.
📊 Trade at Key Levels – Avoid random trades; focus on well-defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 51,751 → 52,129 → 52,300
🟧 Opening Support/Resistance Zone: 51,402 – 51,372
🟩 Support: 51,256 → 51,071 → 50,884 → 50,700
🔸 Bullish Bias: Above 51,751, targeting 52,129 – 52,300
🔸 Bearish Bias: Below 51,071, expecting a drop towards 50,884 – 50,700
🔸 Neutral/Choppy: Inside 51,372 – 51,402, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
🚀 Stay updated with live trade setups!
Nifty Bank Index (BANKNIFTY) Analysis & Trade Setup Timeframes & Context
We have three different timeframes: Daily (1D), 4-Hour (4H), and 1-Hour (1H).
1D gives us the macro view, showing key liquidity zones, order blocks (OBs), and break of structure (BOS).
4H refines our zones, helping to confirm areas of interest.
1H is the execution timeframe, where we define entry, stop-loss, and profit targets.
1️⃣ Higher Timeframe Bias - Daily Chart
📌 Key Observations:
A strong rejection from a higher timeframe supply zone near 52,000 - 52,400.
A liquidity grab (buy-side liquidity sweep) followed by a market structure shift (MSS) confirms bearish intent.
Break of Structure (BOS) indicates a downward trend continuation.
Fair Value Gaps (FVGs) suggest imbalance that the price may revisit before continuation.
📌 Bias: Bearish, expecting price to move lower.
📌 Key Levels:
Supply Zone (Resistance): 51,800 - 52,400
Demand Zone (Support): 48,000 - 49,000
Potential Target: 49,000 (near previous liquidity and OB)
2️⃣ Mid-Timeframe Confirmation - 4H Chart
📌 Key Observations:
A strong volume imbalance (VI) after the downward move.
Price has consolidated inside a 1H Fair Value Gap (FVG), signaling a possible retracement.
The previous low at 50,750 is being tested multiple times, suggesting liquidity is building.
📌 Bias: Bearish
Looking for a retracement to 51,200 - 51,400 (FVG area) before continuing downward.
Break below 50,750 confirms further selling.
📌 Key Levels:
Resistance: 51,200 - 51,400 (FVG + OB)
Support: 50,400 (short-term), 49,500 (major)
3️⃣ Entry Plan - 1H Execution Chart
📌 Trade Idea:
Wait for price to retest 51,200 - 51,400 (FVG zone).
If we see rejection (e.g., bearish engulfing candle or liquidity sweep), enter a short trade.
📌 Trade Parameters:
Entry: 51,200 - 51,400
Stop Loss: 51,600 (above OB)
Target 1 (T1): 50,400
Target 2 (T2): 49,500
Risk-Reward Ratio (RRR): ~1:3 or better
📌 Alternative Scenario:
If price breaks above 51,600, we invalidate the short setup.
In that case, we will reassess for a bullish continuation.
BANKNIFTY : Intraday Trading levels and Plan for 02-Apr-2025📌 BANK NIFTY Trading Plan – 01-Apr-2025
📊 Market Overview:
Bank Nifty closed at 50,851, consolidating near the Opening Support Zone (50,800 – 50,899). This price action suggests that the market is at a critical juncture, where the next move depends on price action confirmation at key levels.
To ensure a strategic and disciplined approach, let’s analyze all possible opening scenarios and their corresponding trading plans.
🔼 Scenario 1: Gap-Up Opening (200+ points above 51,100)
A gap-up above 51,100 indicates bullish momentum, but whether it sustains or reverses depends on the 51,164 – 51,419 resistance zone. This level is crucial as it can either lead to further upside or trigger profit booking.
✅ Plan of Action:
If Bank Nifty sustains above 51,164, expect a rally towards 51,419 → 51,600. If it breaks 51,600, a further bullish move toward 51,750 is possible.
If price faces resistance at 51,164 and starts reversing, expect a pullback toward 50,900. A breakdown below 50,800 can lead to further weakness.
Avoid aggressive longs inside 51,090 – 51,164, as this is a potential rejection zone. Wait for a decisive breakout or a bearish rejection to act accordingly.
🎯 Pro Tip: If the gap-up starts fading within 15-30 minutes, it signals a lack of buyer strength and increases the chances of a reversal.
⚖ Scenario 2: Flat Opening (Within ±200 points, around 50,850)
A flat opening near 50,850 suggests indecision, where price action will determine the next direction. The key battle will be between 50,800 support and 51,090 resistance.
✅ Plan of Action:
Upside case: If Bank Nifty breaks and sustains above 51,090, it may head towards 51,164 → 51,419. Monitor price action near these resistance levels before entering fresh longs.
Downside case: If Bank Nifty breaks below 50,800, it could test 50,522 → 50,314. A breakdown below 50,314 will shift the trend bearish.
Avoid trading inside the No Trade Zone (50,800 – 51,090), as price could consolidate before a breakout.
🎯 Pro Tip: In a flat opening, wait for a strong 15-minute candle close above or below key levels before entering trades.
🔽 Scenario 3: Gap-Down Opening (200+ points below 50,600)
A gap-down below 50,600 could indicate selling pressure, but buyers may step in around the 50,314 – 50,206 support zone.
✅ Plan of Action:
If Bank Nifty sustains below 50,522, expect a decline towards 50,314 → 50,206. A breakdown below 50,206 could lead to a sharp fall towards 50,000.
If Bank Nifty finds support at 50,206 and rebounds, it may recover towards 50,522 → 50,800. A strong close above 50,800 will shift momentum back to the bulls.
Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to a strong upside reversal.
🎯 Pro Tip: If the gap-down occurs near a strong buyer’s support zone, wait for a bullish price action confirmation before entering long trades.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Use proper position sizing to manage risk.
🔹 Theta Decay Awareness – If the market consolidates, option premiums will erode rapidly.
🔹 Use Spreads for Protection – Instead of naked options, use spreads to limit risk and improve probability.
🔹 Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 51,090 → 51,164 → 51,419
🟧 No Trade Zone: 50,800 – 51,090
🟩 Support: 50,522 → 50,314 → 50,206
🔸 Bullish Bias: Above 51,090, targeting 51,164 – 51,419
🔸 Bearish Bias: Below 50,600, expecting a fall towards 50,314 – 50,206
🔸 Neutral/Choppy: Inside 50,800 – 51,090, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
BANKNIFTY : Intraday Trading Levels and Plan for 26-Mar-2025📌 BANKNIFTY Trading Plan – 26-Mar-2025
📊 Current Market Status:
BANKNIFTY closed at 51,490.30, witnessing some selling pressure from intraday highs. The structure remains uncertain, with key resistance and support levels dictating tomorrow's action. Let's break down the plan for different opening scenarios.
🔼 Scenario 1: Gap-Up Opening (200+ points)
If BANKNIFTY opens above 51,700, we need to assess the momentum before jumping in. A gap-up opening near 51,927 (last intraday resistance) might trigger initial profit booking.
✅ Plan of Action:
If prices sustain above 51,927, expect a move towards the profit booking zone at 52,143 – 52,235. A breakout above 52,235 could indicate bullish momentum.
If the index rejects 51,927 and starts reversing, a short opportunity can arise, targeting 51,744 → 51,490 as intraday levels.
Avoid aggressive longs if price remains within No Trade Zone (51,743 – 51,925). Wait for a decisive move.
🎯 Pro Tip: Avoid chasing the gap-up immediately—let the market settle and confirm strength above resistance before going long.
⚖ Scenario 2: Flat Opening (Within ±200 points)
A flat opening around 51,490 means BANKNIFTY is indecisive. Here, it’s crucial to wait for confirmation at key levels.
✅ Plan of Action:
Upside case: If the index breaks above 51,744, we could see a retest of 51,927. A strong breakout above this can push towards 52,143 → 52,235.
Downside case: A breakdown below 51,490 could trigger selling pressure towards 51,206 – 51,080.
Neutral Approach: Avoid trading in the No Trade Zone (51,743 – 51,925) unless a clear breakout occurs.
🎯 Pro Tip: In a flat opening, options traders can look for range-bound strategies like Iron Condors or straddle sells if volatility is low.
🔽 Scenario 3: Gap-Down Opening (200+ points)
If BANKNIFTY opens below 51,206, bearish sentiment might dominate, but we must assess support zones.
✅ Plan of Action:
If price sustains below 51,206, expect a drop towards 51,080 and 50,904. A further breakdown could trigger heavy selling.
If price takes support at 51,206 – 51,259 and rebounds, look for a potential pullback entry with stop-loss below 51,200.
Watch for trap setups—if the market opens low but quickly reverses above 51,206, it could be a bear trap leading to a short squeeze.
🎯 Pro Tip: In a gap-down scenario, avoid panic selling; instead, wait for a retest of breakdown levels before entering trades.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Trade within your risk capacity and don't go all in.
🔹 Time decay factor – If taking options trades, be mindful of premium decay, especially near expiry.
🔹 Hedge your trades – Use spreads instead of naked options to reduce risk.
🔹 Wait for confirmation – Don't enter trades blindly; wait for price action signals.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 51,744 → 51,927 → 52,143 – 52,235
🟧 No Trade Zone: 51,743 – 51,925
🟦 Support: 51,206 – 51,259 → 51,080 → 50,904
🔸 Bullish Bias: Above 51,927 for targets of 52,143 – 52,235
🔸 Bearish Bias: Below 51,206 for a move towards 51,080 and lower
🔸 Neutral/Range-Bound: If price remains between 51,743 – 51,925
🎯 Final Advice:
Follow the levels with discipline.
Avoid overtrading in No Trade Zones.
Let the first 15-30 minutes settle before taking aggressive trades.
📢 Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please do your research or consult with a financial advisor before making trading decisions.
🚀 Stay updated on live trading levels & setups!
BANKNIFTY : Intraday Levels and Plan for 25-Mar-2025📅 BANK NIFTY Trading Plan – 25th March 2025
⏰ Timeframe: 15-min | 📊 Index Spot Reference: 51,769
🚀 Opening Scenario 1: GAP-UP Opening (200+ points)
If BANK NIFTY opens above 51,969+ (200 points or more):
Monitor price action near the Opening Resistance / Last Intraday Resistance Zone – 52,138 . This is a crucial level where sellers might become active. A strong bullish candle above 52,138 , sustained for 15 mins with volume, could trigger momentum towards the Profit Booking Zone around 52,693 . However, if price shows rejection signs (doji, shooting star, or long upper wicks) at 52,138 , consider shorting with SL above 52,200 on a 15-min candle close basis. The move towards 52,693 is likely to attract profit booking. Use this zone as a potential exit for long positions or consider building short positions only if reversal candles appear. Any failure to hold above 52,138 may lead to a retest of the support zone at 51,659 – 51,509 .
🧠 Tip: Avoid aggressive longs directly at resistance. Wait for confirmation of breakout or signs of reversal. Option traders can use debit spreads (buy ATM CE, sell OTM CE) to limit risk.
📈 Opening Scenario 2: FLAT Opening (within ±200 points)
If BANK NIFTY opens near 51,700–51,800:
A range-bound session is possible early on. Let the first 15–30 minutes play out to gauge direction. Sustained price action above 51,769 can retest 52,138 . Bulls must close candles above this level to expect higher targets like 52,693 . Breakdown below 51,659 increases the chances of testing the Opening Support at 51,509 . Reversal entries can be initiated near support levels if bullish candle patterns appear with confirmation. This zone offers both long and short opportunities based on real-time price reaction. Don’t preempt trades.
🧠 Tip: If expecting a sideways day, option sellers may consider short strangles or iron condors with tight SL. Always manage positions with proper hedge or SL orders.
📉 Opening Scenario 3: GAP-DOWN Opening (200+ points)
If BANK NIFTY opens near or below 51,500:
Immediate support lies near 51,509 . If this breaks on strong bearish candles, expect a fall towards 51,218 and further down to 50,904 . Aggressive sellers might enter if 51,509 is breached decisively. However, wait for confirmation rather than chasing the opening candle. Any recovery attempt will face resistance near 51,659 – 51,769 . Watch for rejection to re-enter shorts. Reversal buyers may consider 51,218 or 50,904 if bullish engulfing or hammer patterns appear. Ideal for scalping trades. Stay nimble, as gap-down days can be volatile and trap both bulls and bears.
🧠 Tip: Avoid buying puts after large gaps – premiums are inflated. Consider bear put spreads or calendar spreads to minimize theta decay.
🛡️ Risk Management Tips for Options Traders:
Never allocate more than 2–5% of your capital on a single trade. Always trade with SL (Stop Loss) in place – do not hold losing positions hoping for recovery. Use spreads instead of naked options to reduce theta impact and protect against sudden reversals. Avoid trading 0-DTE (same day expiry) options unless you’re an experienced scalper. Review your trade post-market and journal the logic – it improves discipline and learning.
📌 Summary & Conclusion:
✅ Upside Levels:
→ 52,138 – Crucial resistance for intraday
→ 52,693 – Strong profit booking zone
✅ Downside Levels:
→ 51,509 – Opening Support
→ 51,218 – Last intraday support
→ 50,904 – Breakdown danger zone
🎯 Ideal Approach:
→ For gap-up: Wait for strength above 52,138 or reversal signs to short.
→ For flat: Follow breakout or breakdown setups near support/resistance.
→ For gap-down: Let price stabilize near supports; trade only on confirmation.
🚨 Avoid emotional trades. Let price action confirm direction. Be flexible and adaptive based on live market structure.
⚠️ Disclaimer: I am not a SEBI-registered analyst. All views shared above are for educational and informational purposes only. Please do your own research or consult your financial advisor before making any investment or trading decision.
Bank Nifty SpotBank NIfty Spot
for 24 - 28 March 2025
last week NS opened @ 48219.55
gave incredible 1500+ points
The important level is 50775 (30min close) for the BNS to give a fresh breakout.
Similarly if the BNS makes a 30m close below 50775 then probably 50700 PE can be a best bet for options players....
Again exiting position at a level mentioned below that...
Level to level trading is recommended...
Happy trading and Profit making with proper planning..
Like.. Share.. Comment...
NIFTY BANK Prediction for Tomorrow – March 25, 2025What happened on last day:
As we discussed, BANKNIFTY had been consolidating in a wide range, and it finally gave a breakout to the upside.
If we look at the chart now:
The market has broken out above the immediate resistance zone of 50,300–50,500 , and is now trading just above the 200 EMA (1D-tf) . The breakout candle was backed by strong volume , indicating institutional participation.
BANKNIFTY is forming a higher low structure , and has broken a significant resistance from its previous congestion zone.
The 13 EMA, 50 EMA, and 100 EMA are all aligned below the price, with 200 EMA recently reclaimed — supporting a bullish bias.
RSI = 65 , shows good momentum and strength, but bulls will need to defend these levels for continuation.
Price is also trading well above VWAP , reinforcing the short-term bullish sentiment.
Support zone: 49,800 – 50,200
Resistance levels: 51,680, 52,000 (trendline), 54,467 (swing high)
If we look at the OI data:
PCR = 1.3 , clearly shows a bullish sentiment in the derivatives segment.
There is heavy Put writing at 50,000, 50,200, and 50,500 which will now act as immediate support levels.
On the upper side, mild Call writing has been seen near 51,500–52,000, which aligns with the trendline resistance shown on the chart.
We are in the last week of the monthly expiry (27 March) , so these zones will play a decisive role.
If we look at the news & sentiment:
INDIA VIX = 12.6 remains stable.
No negative news on banking or macroeconomics.
FII inflow data shows recovery, and overall sentiment is bullish-to-cautious .
Eyes are on whether BANKNIFTY can close and hold above the 51,000–51,200 levels.
I am expecting
The market to be sideways to bullish with a possible breakout above 51,680 leading to a test of 52,000–52,300 , if sustained.
Reasons:
✅ Breakout above major supply zone with strong volume
✅ Price > EMA(13, 50, 100, 200) confirms bullish alignment
✅ PCR = 1.3 suggests strong bullish sentiment
✅ Above VWAP and RSI > 60 supports momentum
❗Approaching trendline resistance near 52,000
Verdict: Sideways or Bullish
Plan of action:
Sell 51,500 CE and 50,500 PE — create a slightly bullish range.
Exit one leg if price breaks 52,000 or falls below 50,300 with volume.
Bank Nifty Technical Analysis Commentary- BNF is currently trading at 50,457 up 5.76%
- BNF has shown some strong recovery post the major drawdown
- BNF is currently trading near a strong POI, if BNF fails to flip this zone to 50,600 and continues to drop then we will enter another distribution mitigating 46,000
- Two paths drawn shows the possible price paths for BNF
- Green path signifies flip above the MSS and weekly candle close above it and we move towards the next high liquid zone sitting at 52,000 to fill the inefficiencies above
The red path shows we will flip above the MSS deviate and fall below harder
Bank Nifty | WXYXZ formation | Currently in Z waveWXYX’Z is complex correction. In which WYZ are Corrective waves, X is retracement wave and can take any form.
Here WXY (Can also be considered as A)
X’ (or B) completed (at around approx 78% level) more pain looks less probable.
And now Z should come.
Z can be (61%, 100%, 127% of W or Y) Various books have various method for target calculations.
I generally take latest wave into Consideration for targets which is Y or X’.
Targets are based on Fibonacci relationships.
Disclaimer: I do not claim any profit or loss. I am not sebi registered and I have no guarantee of profits or gains or right predictions. These are just my opinion or thought ideas for learning the trade patterns, and feedback from experts to learn more. Please make any financial decisions after consulting your financial advisors.
BANKNIFTY - LONG POSITIONS ON RETRACEMENT?Symbol - BANKNIFTY
CMP - 49300
Bank Nifty has recently approached a crucial resistance zone, positioned between the 50600 and 51000 levels. This zone has acted as a significant barrier to upward movement. Observing the recent price action, Bank Nifty has tested this resistance area multiple times, confirming its strength.
From a technical standpoint, the index has formed a double bottom pattern near 48000 levels, which is a critical support zone. This pattern typically indicates a potential reversal of the previous downtrend, as the price failed to breach the 48000 support level and instead demonstrated a strong recovery. The double bottom formation suggests a buildup of bullish momentum from the support region.
Currently, Bank Nifty has shown a notable retracement from the resistance zone. Given the pattern formation and the recent retracement, the expectation is for the bullish trend to resume. A recovery from the current levels could lead Bank Nifty to retest the 50500 - 51000 resistance zone again. Should the index successfully break above this resistance area and sustain levels above it, the next target is likely to be around the 51800 level.
However, the bullish outlook is contingent upon the index holding its key support levels. The critical support range lies between 48800 - 48600 area. Should Bank Nifty fail to maintain this support and break below it, the trend may turn bearish, triggering a potential sell-off and driving prices lower, with the next possible support zones coming into play at lower levels.
In summary, the technical analysis suggests a favorable bullish scenario, provided the key support levels hold. If the resistance zone around 50800 is breached, further upside momentum toward the 51800 region is possible. However, failure to hold the support zone could lead to a reversal in the trend, and further downside could materialize.
Bank Nifty index Technical🪂🛬The 🏦Bank Nifty index has recently experienced a significant downturn, closing below the 48,000 mark, A 🐂bullish reversal might be anticipated if Bank Nifty can sustain above 47106, with potential targets at 50600 However, if it falls below 47000, further decline could be expected. The index is currently in a descending channel, indicating a bearish short-term trend, but a breakout above 50700 could signal a shift towards bullish momentum
Hear is Technical📈📉 Chart For your Reference
HUGE SELLING ON CARDS IN BANK NIFTY ? - SHORT TRADE VIEWSymbol - BANKNIFTY
CMP 50080
BN is currently trading at a major support area which is acting as a support zone from last 7 months. This support liquidity zone has tested multiple times & there is Triple top pattern is formed. I am expecting breakdown of this support zone in near future which will trigger huge selling in bank nifty & bank nifty may correct 8-10% from current price.
Hence I am creating short positions Bank Nifty Futures at CMP around 50100
I will add more position around 50500 - 50700 area & I will add more position on breakdown of 49500 - 49400 area as well. SL I am following is above 51K.
Target I am expecting is 49600 & below.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Banknifty Bullish Harmonic Pattern Moving AVG Support__RSIHello everyone,
banknifty fall consecutive 6 days trading at 8 months low 48700 RSI Positive divergence,
Bullish harmonic pattern and flag in making while nifty W in making So reversal possibilities also Maving avg band support overal confluence support with ocsillators bullish.
bullish reversal banknifty,
Banknifty Bullush Harmonic,
banknifty bullush flag,
Banknnifty RSI oversold and positive divergence,
NIFTY Recovery Outlook 2025-2026 Short-term dip: Nifty may drop 17.35% before stabilizing.
Gradual recovery: Recovery starts around Sep 2025, progressing slowly.
Long-term caution: Poor economic recovery limits upside potential.
Policy impact: Fast growth policies could boost recovery; delays worsen outcomes.
Critical phase: Sep 2025–May 2026 is key for market stabilization.
Banknifty analysis for tomorrow 03 JAN 25As we discussed, Bankanifty has been bullish today.
If we look at the chart now:
The market is trading at the resistance level. As the market has been very bullish today, it might have a consolidation tomorrow before the big bullish momentum to the upside. All important levels have been marked on the chart.
Support levels : 50 EMA, 51123, 50650
Resistance levels : 51639, 200 EMA, 51442 (minor), 52408,
.
If we look at the OI data:
PCR = 1.1, Which shows a good bullish market structure. 51500, 51000 has good PE writing, which will provide good support. On the upper side, 52000 has good CE writing, which is going to provide a good resistance level.
I am expecting the market to be bullish in upcoming sessions.
Reason:
Price > EMAs shows a Bullish market structure.
PCR = 1.1 shows that the market is bullish.
RSI = 67, showing the bullish market structure.
Price > VWAP shows the market is bearish right now.
Verdict : Sideways or Bullish
Plan of action:
Sell 51600 CE and Sell 51600 PE (Hedge position)
adjust according to the price action on given levels.
Banknifty analysis for 03/01/2025.Banknifty is trading in a range is trading around the resistance zone.
If their is a upside break out in the index, a trending move can be seen in it. Otherwise, another side way market will be there.
Moving averages are around the closing price and EMA strategy may also be implied in capturing the move.
Major levels
Resistance :- 51835, 52090
Support :- 50650, 50000
Wait for the pirce action near the levels before entering the markets.