Bank Nifty Trade Setup for July 19, 2025 |Bank Nifty is currently trading around 56,250, in a tight range between a strong 4H demand zone and multiple overhead supply zones. After a sharp fall from ~57,400, price has stabilized near the 56,140–56,200 demand base. A bounce or breakdown from this zone will decide the next intraday trend.
🔴 Key Supply Zones (Resistance):
56,420 – 56,500 → Fresh 15-min bearish zone (recent rejection)
56,700 – 56,820 → Previous base before breakdown (1H/4H supply)
57,180 – 57,400 → Major resistance from 4H chart (sharp sell-off zone)
🟢 Key Demand Zone (Support):
56,140 – 56,200 → Strong buying base seen across 15min to 4H. Market is holding here with multiple rejections.
📈 Trading Scenarios:
1. Long Trade Plan (Buy on Rejection from Demand Zone):
Entry: Above 56,230 (after bullish reversal confirmation)
Stop Loss: Below 56,120
Target 1: 56,420
Target 2: 56,700
2. Short Trade Plan (Sell on Rejection from Supply Zone):
Entry: Below 56,390 if price rejects 56,420–56,500 zone
Stop Loss: Above 56,520
Target: 56,200
3. Breakdown Trade (Aggressive Bearish Bias):
Break below 56,140 with retest failure
Entry: On retest rejection of 56,140–56,160
Target: 55,900 – 55,600
Stop Loss: Above breakdown retest high
🧭 Bias:
Neutral to Bullish as long as price respects 56,140.
Breakdown below 56,140 would shift bias to Bearish.
⚠️ Notes:
Wait for confirmation candles, especially on 15-min chart
Avoid trades in the middle of the range (56,200–56,400) unless structure is clear
Monitor broader market cues (Nifty + global indices) before confirmation
