BANKNIFTY : Trading levels and plan for 10-July-2025📊 BANK NIFTY INTRADAY PLAN – 10 JULY 2025 (15min TF)
An educational, level-based strategy plan based on key price zones and expected market behavior
📍 Reference Close: 57,187.85
📈 Gap Opening Threshold: 200+ points
⏱️ Tip: Wait for the first 15–30 minutes post-opening before confirming breakout/breakdown setups
🔍 IMPORTANT LEVELS TO WATCH
Opening Resistance: 57,402
Resistance for Sideways & Consolidation: 57,662 – 57,797
Opening Support Zone: 57,009 – 56,962
Last Intraday Support: 56,766
📈 SCENARIO 1: GAP-UP OPENING (Above 57,402)
Bias: Bullish with potential consolidation at upper zones
A gap-up above 57,402 would signal early bullish strength.
Upside targets could stretch to 57,662–57,797 – a known resistance for consolidation.
If price shows rejection candles or wicks in this zone, consider partial profit booking or reversal setups.
Only continue bullish trades if 15-min candle closes above 57,797 with strong volume.
📊 SCENARIO 2: FLAT OPENING (Between 57,009 – 57,402)
Bias: Neutral to breakout – depends on price reaction
This zone is a battle ground. Price may test both support and resistance.
If Nifty Bank sustains above 57,205 and reclaims 57,402 , a breakout trade may evolve.
On the flip side, if it slips below 57,009 , sellers may try to push it toward 56,766 .
Avoid early trades. Wait for either a breakout above resistance or breakdown below support.
📉 SCENARIO 3: GAP-DOWN OPENING (Below 56,962)
Bias: Bearish to bounce watch
A gap-down below 56,962 will likely push price towards 56,766 – a key level for intraday reversal or panic selling.
If 56,766 holds, we may see short covering. Look for bullish reversal patterns in this zone.
If it fails, next leg of decline may start and one can ride the downside using puts or short futures with tight SL.
Reversal trades must be confirmed by bullish structure; avoid bottom fishing without confirmation.
💡 OPTIONS RISK MANAGEMENT TIPS
Trade near support/resistance, not inside indecision zones
For uncertain sessions, favor spreads (Bull Call/Bear Put) to limit risk
Avoid averaging down losing options – instead, re-analyze your thesis
Stick to 15-min candle close-based stop-loss to avoid fake moves
Protect capital during sideways zones like 57,009–57,205 – stay nimble
Time decay impacts premium heavily post-2PM – be cautious in scalping late trades
📌 SUMMARY & CONCLUSION
Bullish above 57,402 with upside resistance at 57,797
Sideways zone between 57,009 – 57,402 ; breakout to decide direction
Bearish bias below 56,962 , with last support at 56,766
Use patience and discipline – let the levels guide your trades
⚠️ DISCLAIMER: This is not investment advice. I am not a SEBI-registered analyst. The analysis is purely for educational purposes. Please consult your financial advisor before taking any trading decisions.
