#BankNifty directions and levels for July 23rd:Looking at the chart, the current view suggests:
* If the market sustains the gap-up and breaks the immediate resistance, we can expect the pullback to continue with a moderately bullish tone.
Alternate view:
* If the gap-up doesn’t sustain and the market declines initially, it may reach the immediate support level.
* If a pullback happens from there, we can expect a range-bound market.
* Conversely, if the support breaks, the correction is likely to continue.
BANKNIFTY trade ideas
Bank Nifty Weekly Insights: Key Levels & TrendsBank Nifty ended the week at 56,283.00, registering a marginal decline of -0.83%.
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone:
The critical zone to monitor for potential trend reversals or continuation lies between 56,165 and 56,402.
🔻 Support Levels:
Support 1 (S1): 55,811
Support 2 (S2): 55,338
Support 3 (S3): 54,859
🔺 Resistance Levels:
Resistance 1 (R1): 56,759
Resistance 2 (R2): 57,236
Resistance 3 (R3): 57,865
📈 Market Outlook
✅ Bullish Scenario:
If Bank Nifty sustains above the pivot zone (56,402), it may trigger renewed buying interest, potentially pushing the index toward R1 (56,759) and higher levels like R2 (57,236) and R3 (57,865).
❌ Bearish Scenario:
A breakdown below the lower end of the pivot zone at 56,165 may attract selling pressure, dragging the index towards S1 (55,811) and possibly lower levels like S2 (55,338) and S3 (54,859).
Disclaimer: lnkd.in
[INTRADAY] #BANKNIFTY PE & CE Levels(24/07/2025)Bank Nifty is likely to open with a slight gap-up, continuing its recent upward trajectory. The index has shown strength by reclaiming key resistance zones and now trades above 57,100, indicating bullish sentiment in the market. Today’s price action will be crucial near immediate supply and resistance zones.
On the upside, if Bank Nifty sustains above 57,050–57,100, a continuation move may unfold toward 57,250, 57,350, and 57,450+ levels. A decisive breakout above 57,550 will open up further upside possibilities with targets near 57,750, 57,850, and 57,950+, where the next key resistance lies.
On the downside, weakness will only emerge if the index breaks below 56,950, which could trigger a sell-off with downside targets of 56,750, 56,650, and 56,550-. This zone also marks the base of the recent rally, and breaching it could suggest exhaustion of momentum.
Overall, the trend remains positive with momentum favoring the bulls as long as the index remains above 57,000. Traders are advised to wait for confirmation near the mentioned levels before initiating trades and maintain strict risk management with trailing stop-losses.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/07/2025)Bank Nifty is likely to open with a gap-up today, continuing its recent volatility and range-bound behavior. There are no major changes from yesterday’s levels, and the index remains in a crucial zone near short-term resistance and support bands. A breakout or breakdown from this zone could decide the next directional move.
Upside continuation may resume if Bank Nifty breaks above 57,050, which can trigger a momentum rally toward 57,250, 57,350, and possibly 57,450+. Traders can consider long positions in this case once confirmation and volume support the breakout.
On the downside, if the index trades and sustains below 56,950, further weakness may be seen. A bearish move below 56,950 can lead to a drop toward 56,750, 56,650, and 56,550-. This level becomes important support, and a breach could invite selling pressure.
Additionally, if Bank Nifty takes support near the 56,550–56,600 zone again, reversal buying can be considered. A bounce from this area could offer targets of 56,750, 56,850, and 56,950+.
BankNifty levels - Jul 22, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(22/07/2025)Bank Nifty is expected to open gap-up today, continuing the momentum seen in yesterday’s session. The index has successfully crossed above the short-term resistance zone near 56,900, showing bullish strength. The next key breakout level is at 57,050, and once crossed decisively, we may see a sharp upward rally.
Traders can look to Buy CE option above 57,050, targeting 57,250, 57,350, and 57,450+. The structure indicates that momentum buyers may take over above this zone, with the potential for strong upside if Bank Nifty sustains above the breakout level.
On the downside, if the index slips back and breaks 56,950 decisively, then Buy PE option below 56,950 can be considered, with potential downside targets of 56,750, 56,650, and 56,550-. This zone will act as an immediate intraday support and any fall below it can lead to quick profit-booking.
Additionally, if Bank Nifty finds support near the 56,550–56,600 zone again, traders may also consider reversal CE buying with upside targets of 56,750, 56,850, and 56,950+.
[INTRADAY] #BANKNIFTY PE & CE Levels(25/07/2025)Bank Nifty is likely to start the session with a slight gap-down, hovering just below the 57,050–57,100 resistance zone. This zone has been acting as a critical barrier over the past sessions, and until it's breached, upside momentum may remain capped.
A strong bullish move can be anticipated above 57,050, where call option buying is favored. If Bank Nifty sustains this breakout, we can expect a continuation rally toward 57,250, 57,350, and 57,450+ levels. This would mark a short-term trend reversal and signal fresh bullish interest.
On the downside, weakness may resume if the index breaks below the 56,950 mark. A sustained move below this could trigger a quick correction targeting 56,750, 56,650, and 56,550- levels, offering good opportunities for put option buyers.
BankNifty levels - Jul 24, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(21/07/2025)Bank Nifty is expected to open with a gap-up, indicating early bullish sentiment. However, price action near the 56,450–56,500 zone will be crucial in deciding the day’s direction. If Bank Nifty manages to sustain above the 56,650 level after opening, it may invite fresh momentum on the upside. A move above this zone can be seen as a strength confirmation, potentially pushing the index toward targets of 56,750, 56,850, and even 56,950+ levels.
On the other hand, if the index faces resistance and shows rejection from the 56,450–56,400 supply zone, weakness can creep in. This could trigger a corrective move toward the lower levels of 56,250, 56,150, and 56,050-, making it a favorable short trade setup for the day if confirmed by price action.
Additionally, a breakdown below the 55,950 support level can lead to strong bearish pressure. If this level is breached and sustained, the index may fall sharply toward the support zones of 55,750, 55,650, and 55,550-, indicating bearish continuation.
#Banknifty directions and levels for July 21st:What can we expect today?
In the previous session, both Nifty and Bank Nifty fell sharply. Structurally, the trend remains negative.
However, due to major firms' results, we might see some volatility in the first half, possibly leading to initial speculation.
That said, as per the structure my expectation is a continuation of the correction that's my current view
The alternate view is If the market takes an initial pullback, we could see a 23–38% retracement in the minor swing. Even in this scenario, the bias remains bearish unless the 38% Fibonacci level is broken.
A break above 38% could extend the pullback toward the 50–78% levels.
BankNifty levels - Jul 28, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
#Banknifty directions and levels for July 24Current View:
The current view suggests that, as mentioned above,
if the gap-up sustains, we can expect a rally continuation with some consolidation.
In this case, the parameters are showing slight strength,
so the rejection zone may act just around the minor resistance.
Alternate View:
The alternate view suggests that
if the gap-up does not sustain or if the market rejects near immediate resistance with a solid reversal,
then we can expect a minor correction of around 23% to 38%.
However, unless the market breaks below the 38% level,
we cannot confirm a reversal into a bearish trend.
BankNifty levels - Jul 23, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Banknifty levels - Jul 25, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty levels - Jul 21, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
#Banknifty directions and levels for July 17thIn the previous session, both Nifty and Bank Nifty moved with ups and downs. Structurally, the sentiment still remains the same.
Even if the market opens with a gap-up, we can expect some rejection near immediate resistance.
So, my expectation is that the market may behave similarly to the previous session.
If it starts with a pullback, we may see rejection afterward.
On the other hand, if it starts with a decline, we can expect a pullback later.
The key point to note is that clear directional moves are likely only if a strong candle forms after consolidation.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/07/2025)Bank Nifty is expected to open flat around the 56800 zone, suggesting indecision in the early session. If it manages to move upward and sustain above the 57050–57100 resistance range, it could invite bullish momentum targeting 57250, 57350, and even 57450+. A breakout above this level can trigger a continuation of upward movement, but volume and price confirmation are essential.
On the downside, if the index stays weak and slips below the 56950–56900 zone, we may see fresh bearish pressure pulling it toward 56750, 56650, and 56550 support levels. This zone remains a crucial intraday pivot for traders to watch.
A reversal opportunity may also emerge if the index drops further near 56550–56600 and then shows a sharp recovery. In such a case, targets of 56750, 56850, and 56950+ are possible, making it a good support-based bounce trade. Overall, the market might remain sideways with both opportunities for quick scalps and reversals—focus on key levels and act with strict stop losses.
BankNifty levels - Jul 18, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
#BankNifty Weekly: Major Levels & Targets You Need to KnowDate: 14-07-2025
#Nifty Bank Technical Levels
Current Price: ₹56,765.35
Pivot Point: ₹56,849.40
Upside Targets (if price moves above Pivot)
| Target | Price |
| ----------- | ---------- |
| 🎯 Target 1 | ₹57,596.25 |
| 🎯 Target 2 | ₹57,816.00 |
| 🎯 Target 3 | ₹58,178.48 |
| 🎯 Target 4 | ₹58,540.95 |
🔽 Downside Targets (if price drops below Pivot)
| Target | Price |
| ----------- | ---------- |
| 🎯 Target 1 | ₹56,103.76 |
| 🎯 Target 2 | ₹55,882.80 |
| 🎯 Target 3 | ₹55,520.33 |
| 🎯 Target 4 | ₹55,157.85 |
🛑 Support & Resistance Levels
Support: ₹56,324.71
Resistance: ₹57,376.51
Observations:
Since the current price is below the pivot (₹56,849.40), immediate bearish bias could be assumed unless a strong reversal happens.
A break below ₹56,324.71 (Support) could trigger the downside targets.
Conversely, crossing back above the pivot may shift bias to bullish, targeting the resistance and beyond.
#TradingView #Stocks #Equities #StockMarket #Investing #Trading #Nifty
#TechnicalAnalysis #StockCharts #Finance #BankNifty #NiftyBank #WeeklyAnalysis
#Banknifty directions and levels for July 16th:Current View
If we look at the Bank Nifty chart from a broader perspective, it appears to be forming a bullish triangle pattern.
If we count the swings, it seems we are in the 4th wave, and the 5th downward wave is still pending.
So, if the market faces rejection near the top of the triangle, we can expect a minor correction, which may reach the bottom of the triangle pattern.
(For confirmation of the correction, the market must break the support zone at a minimum.)
Alternate View
Alternatively, if the market finds support around 56953 or at the support zone, we may see some consolidation.
After that, if it breaks above the top of the triangle, the minor rejection zone may act as a resistance before the rally continues.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/07/2025)Bank Nifty is expected to open slightly gap-up near the 57100 zone. This level is a key intraday pivot. If the index sustains above 57100, it could trigger upward momentum toward the next resistance levels at 57250, 57350, and potentially 57450+. A move beyond 57550 will likely strengthen the bullish sentiment and may stretch the rally further toward 57750, 57850, and 57950+.
On the downside, if Bank Nifty fails to hold 57050–57100 and slips below 56950–56900, it may invite selling pressure, with potential downside targets at 56750, 56650, and 56550. This zone acts as short-term support, and failure to hold here could lead to further weakness.
Overall, Bank Nifty is currently in a range with bullish bias above 57100.
#Banknifty directions and levels for July 15th:Current View:
Structurally, we are still in a minor downtrend. So, if the market fails to sustain the neutral start, we can expect a minor correction in the initial stage.
if the correction comes with a solid structure or the price consolidates around the immediate support, then the correction is likely to continue.
On the other hand, if the correction reaches the support with gradual moves, then the support may hold, and we can expect a minor pullback with a bearish bias.
Alternate View:
If the market takes a pullback, we can expect a maximum of 38% to 50% retracement on the upside. However, since we are still in a downtrend, once the pullback starts correcting again, we may expect a range-bound market or further correction, similar to what we saw in the last session.
BankNifty levels - Jul 17, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!