[INTRADAY] #BANKNIFTY PE & CE Levels(23/12/2025)A gap-up opening is expected in Bank Nifty, with the index showing a positive bias at the start of the session while continuing to trade within the broader consolidation range formed over the last few days. Price is currently hovering around the 59,250–59,300 zone, which has been acting as a short-term balance area. This indicates that despite the expected gap-up, the market is still awaiting a strong breakout for clear directional strength.
On the upside, a sustained move above 59,050–59,100 will be the first sign of bullish continuation. Holding above this zone can open opportunities for buying, with upside targets placed at 59,250, 59,350, and 59,450+. If Bank Nifty manages to break and sustain above the 59,550 level, momentum can further accelerate toward 59,750, 59,850, and 59,950+, where strong resistance is placed.
On the downside, if the gap-up fails to hold and the index slips back below 59,050, selling pressure may emerge. In such a scenario, selling can be considered with downside targets at 58,950, 58,750, 58,650, and 58,550-. Until a decisive breakout above resistance or breakdown below support is confirmed, traders should focus on range-based trades, maintain tight stop losses, and avoid aggressive directional positions in this consolidation-driven environment.
