[INTRADAY] #BANKNIFTY PE & CE Levels(05/06/2025)

Bank Nifty is opening slightly gap-up around the 55650–55700 zone, hinting at a cautious positive bias. However, the index remains within a well-defined range, and today’s session could act as a trigger for the next directional move.

If Bank Nifty sustains above 55600, bullish momentum may build toward 55750, 55850, and 55950+. A breakout above 56050 could further accelerate the upside, potentially targeting 56250 and beyond.

However, if the index fails to hold above 55700 and starts reversing, a pullback toward 55600 and 55500 is possible.

A breakdown below 55450 would signal weakness and open up downside levels toward 55250, 55150, and 55050, where stronger support is expected.