[INTRADAY] #BANKNIFTY PE & CE Levels(06/06/2025)

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Bank Nifty is opening with a slight gap-up around 55800, but continues to consolidate in the same range that has held for the past few sessions. Despite attempts, no significant breakout or breakdown has occurred, indicating indecision and a potential buildup for a larger move.

Upside continuation will only be confirmed if the index sustains above 56050, opening room for a move toward 56250, 56350, and 56450+.

On the other hand, if price starts slipping back below 55900–55850, the index may retrace toward 55750, 55650, and 55550. Breakdown below 55450 will be a clear sign of weakness, targeting 55250, 55150, and 55050.

Penafian

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