[INTRADAY] #BANKNIFTY PE & CE Levels(03/09/2025)Bank Nifty is expected to open with a gap down today, signaling weakness in the overall sentiment. The index has been consolidating within a narrow range, but pressure at higher levels continues to weigh on the price action.
On the upside, a reversal buying opportunity could emerge if Bank Nifty sustains above 53,550–53,600. In such a case, the index may move toward 53,750, 53,850, and 53,950+. A stronger breakout above 54,050–54,100 would further extend the rally toward 54,250, 54,350, and 54,450+.
On the downside, if the index remains under pressure and slips below 53,450–53,400, then fresh selling may drag it lower toward 53,250, 53,150, and 53,050. A breakdown below 53,050 could open the gates for 52,900–52,800 levels.
Overall, today’s market is likely to start with a gap down opening, keeping the momentum tilted to the bearish side unless the index manages to hold above key reversal levels.
