[INTRADAY] #BANKNIFTY PE & CE Levels(30/12/2025)A flat opening is expected in Bank Nifty, with the index trading near the 59,000 zone, which continues to act as a short-term balance area. Price action over the last few sessions shows sustained selling pressure from higher levels, followed by a mild pullback and sideways movement. This indicates that the market is still in a consolidation-to-weak structure, where buyers are attempting to defend lower supports while sellers remain active near resistance.
On the upside, the 59,050–59,100 zone is the immediate resistance and a crucial trigger for bullish momentum. If Bank Nifty manages to hold above this zone, buying opportunities in buying can be considered, with upside targets at 59,250, 59,350, and 59,450+. A sustained move above this resistance may lead to short covering and a recovery toward higher levels.
On the downside, failure to hold the 58,950–58,900 zone can invite renewed selling pressure. In such a scenario, selling positions may be considered with downside targets at 58,750, 58,650, and 58,550-, where stronger demand is expected to emerge. Until a clear breakout or breakdown occurs, traders should continue to trade range to range, avoid aggressive positions, and strictly follow risk management in this consolidation-driven setup.
