[INTRADAY] #BANKNIFTY PE & CE Levels(18/12/2025)A flat opening is expected in Bank Nifty, with the index continuing to trade within a defined consolidation range seen over the last few sessions. Price is hovering near the 58,950–59,000 zone, which is acting as an important short-term balance area. This indicates indecision in the market, where both buyers and sellers are waiting for a clear directional trigger before committing aggressively.
On the upside, a sustained move above 59,050–59,100 will be crucial to revive bullish momentum. If Bank Nifty manages to hold above this resistance zone, buying positions can be considered. In such a scenario, the upside targets are placed at 59,250, 59,350, and 59,450+. A clean breakout above this level may attract fresh buying and push the index toward the upper resistance band near 59,450.
On the downside, if the index fails to hold the 58,950–58,900 support zone, selling pressure may intensify. A breakdown below this area opens up opportunities to selling, with downside targets at 58,750, 58,650, and 58,550-, where strong support is expected. Until a decisive breakout or breakdown occurs, traders are advised to stick to range-bound strategies, maintain strict stop-loss discipline, and avoid aggressive directional trades.
