[INTRADAY] #BANKNIFTY PE & CE Levels(07/11/2025)Bank Nifty is expected to open slightly gap down near the 57,450–57,500 zone, indicating mild bearish sentiment after failing to hold higher levels in the previous session. The index remains under short-term pressure but is approaching an important support area where a reversal attempt could emerge.
If Bank Nifty manages to sustain above 57,550–57,600, a short-covering move can lift prices toward 57,750, 57,850, and 57,950+ levels. A breakout above 57,950 will further confirm bullish reversal momentum.
However, if the index slips below 57,450, it may trigger fresh weakness toward 57,250, 57,150, and 57,050, where buyers may try to defend the zone again.
Overall, with a slightly gap down opening, the market sentiment remains neutral-to-weak, but watch for a potential reversal near the 57,450–57,500 support area. Traders should avoid early trades and wait for directional confirmation above 57,600 or below 57,450 before taking new positions, keeping tight stop losses in this consolidation range.
