[INTRADAY] #BANKNIFTY PE & CE Levels(11/12/2025)Bank Nifty is likely to open slightly gap-up today, which may give the index a positive start near the immediate resistance zone of 59050–59100. This region will act as the first crucial decision point for the day. If Bank Nifty sustains above 59050–59100, we can expect bullish momentum to pick up, triggering buying opportunities with targets toward 59250, 59350, and 59450+, where the next supply zone is placed. A stronger rally will emerge only if the index moves above 59550, which opens the door for an upside extension toward 59750, 59850, and 59950+, making this level the key breakout zone for trend continuation.
On the downside, if the gap-up fails and Bank Nifty slips below 58950, weakness will re-enter the market. Below this level, selling opportunities remain valid with targets at 58750, 58650, and 58550-, as the structure turns bearish again and selling pressure may dominate. A deeper fall can come if the index approaches the major support near 58553, which is the lower range boundary. As long as Bank Nifty trades above this level, the broader structure remains range-bound with intraday volatility.
Overall, today’s sentiment is slightly positive due to the expected gap-up, but confirmation will come only if the index sustains above the intraday breakout zones. Traders should watch 59050, 59100, and 59550 closely for upside continuation and 58950 for any downside reversal.
