Nifty Bank Index

[INTRADAY] #BANKNIFTY PE & CE Levels(03/10/2025)

167
Bank Nifty is expected to open with a gap-up above the crucial 55,550 level, which could trigger fresh bullish momentum. If the index sustains above 55,550, it may extend its rally toward 55,750, 55,850, and 55,950+, strengthening the upward bias. A breakout above 56,000 will further confirm bullish dominance, opening the way for higher levels.

On the downside, immediate support lies at 55,450–55,400. A slip below this zone may invite some profit booking, dragging the index toward 55,250, 55,150, and 55,050-. Failure to hold 55,000 could shift momentum back in favor of bears.

Overall, the setup indicates bullish strength with a gap-up opening above 55,550. However, traders should be cautious of sharp reversals near resistance zones and maintain strict stop-losses while trailing profits as targets are achieved.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.