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.
