BANKNIFTY : Trading levels and Plan for 04-Sep-2025

BANK NIFTY TRADING PLAN – 04-Sep-2025

📌 Key Levels to Watch:

Opening Resistance Zone: 54,233 – 54,322

Last Intraday Resistance Zone: 54,574 – 54,678

Major Resistance: 54,957

Opening Support Zone: 53,825 – 53,943

Last Intraday Support: 53,682

These levels will define intraday trend strength and reversals. Let’s analyze scenarios:

🔼 1. Gap-Up Opening (200+ points above 54,233)

If Bank Nifty opens significantly higher above 54,233, it will enter the resistance zone and buyers will aim to test 54,574 – 54,678.

📌 Plan of Action:

1. [] Sustaining above 54,322 can lead to a quick rally towards 54,574 – 54,678.
   [] Booking profits near this zone is advised, as sellers may step in.
   
2. If momentum extends, the next target will be 54,957, but only if 54,678 breaks with strength.
   

👉 Educational Note: Gap-ups near resistance zones can often trap late buyers. Always wait for confirmation before entering fresh longs.

➖ 2. Flat Opening (Around 53,900 – 54,100)

A flat start near current levels indicates balance. Intraday movement will depend on whether support or resistance breaks first.

📌 Plan of Action:

1. [] Holding above 53,943 (Opening Support) can push price towards 54,233 – 54,322 (Resistance Zone).
   [] A breakout above this zone may open the path to 54,574 – 54,678.
   
2. If price slips below 53,825, weakness can extend towards 53,682.
   

👉 Educational Note: Flat openings often provide the cleanest intraday trends once the first 30 minutes establish direction.

🔽 3. Gap-Down Opening (200+ points below 53,825)

If Bank Nifty opens weak below 53,825, sellers will take control, with supports coming into play.

📌 Plan of Action:

1. [] A gap-down below 53,825 increases probability of a slide towards 53,682 (Last Intraday Support).
   [] If 53,682 breaks, the downside can intensify with sharp selling.
   
2. Any bounce from this zone should be treated cautiously unless price regains 53,825 – 53,943.
   

👉 Educational Note: Gap-downs can trigger panic selling, but experienced traders should watch for reversal patterns near strong supports.

🛡️ Risk Management Tips for Options Traders

• [] Always place stop losses based on hourly close.
  [] Limit risk to 1–2% of trading capital per position.
  [] Scale out profits – exit part at first target, hold balance for extended moves.
  [] Avoid over-leveraging in weekly expiry days to reduce volatility risk.
  
• When uncertainty is high, prefer spreads (Bull Call / Bear Put) over naked options.
  

📌 Summary & Conclusion

🟢 Above 54,233 → Upside towards 54,574 – 54,678, extended 54,957.

🟧 Flat Opening → Range-bound between 53,825 – 54,322; breakout will decide direction.

🔴 Below 53,825 → Weakness towards 53,682 and possibly lower.

⚠️ Key Pivot Zone: 53,825 – 53,943 will act as the critical battleground for bulls and bears.

⚠️ Disclaimer: I am not a SEBI-registered analyst. This trading plan is for educational purposes only and should not be treated as financial advice. Please consult your financial advisor before making trading decisions.