Bank Nifty Levels Today
Support, Resistance & Key Trading Levels for Educational Analysis
EDUCATIONAL DISCLAIMER: These levels are for educational purposes only. We are not SEBI registered advisors. This analysis is for learning technical concepts. Please consult qualified professionals before making trading decisions.
📊 Current Market Status
🎯 Key Support & Resistance Levels
| Level | Type | Significance | Action Zone |
|---|---|---|---|
| 52,000 | Strong Resistance | Psychological level, previous swing high | ↑ Above |
| 51,500 | Immediate Resistance | Intraday resistance, 20 EMA level | ↑ Above |
| 51,250 | Pivot Point | Key decision level for direction | ≈ At Level |
| 51,000 | Immediate Support | Intraday support, 50 EMA level | ↓ Below |
| 50,750 | Strong Support | Previous breakout level, volume support | ↓ Below |
| 50,000 | Major Support | Psychological level, monthly support | ↓ Below |
📈 Pivot Point Analysis
Resistance Levels
Support Levels
Pivot Point: 51,250
Above pivot suggests bullish sentiment, below pivot suggests bearish sentiment. This is calculated using previous day's High, Low, and Close prices.
📋 Educational Trading Scenarios
🔼 Bullish Scenario
- • Entry Zone: Above 51,300 with volume
- • Targets: 51,500 → 51,750 → 52,000
- • Stop Loss: Below 51,000
- • Confirmation: Sustained move above pivot
🔽 Bearish Scenario
- • Entry Zone: Below 51,000 with volume
- • Targets: 50,750 → 50,500 → 50,000
- • Stop Loss: Above 51,300
- • Confirmation: Break below pivot with volume
📊 Market Sentiment Indicators
Technical Indicators
- • RSI: 58 (Neutral to Bullish)
- • MACD: Positive crossover
- • Moving Averages: Above 20 EMA
- • Volume: Above average
Options Data
- • Max Pain: 51,000
- • Call OI: High at 52,000
- • Put OI: High at 50,500
- • PCR: 1.25 (Bullish)
Market Breadth
- • Advance/Decline: 8/4
- • New Highs: HDFC Bank, ICICI
- • New Lows: None
- • Sector Performance: Mixed
🏦 Key Banking Stocks Impact
| Stock | Weight | Current | Change | Impact |
|---|---|---|---|---|
| HDFC Bank | 30.8% | 1,675 | +1.2% | Positive |
| ICICI Bank | 23.1% | 1,245 | +0.8% | Positive |
| Kotak Mahindra | 12.5% | 1,890 | -0.3% | Negative |
| Axis Bank | 11.2% | 1,145 | +0.5% | Neutral |
⚠️ Risk Management Guidelines
Position Sizing
- • Never risk more than 2% of capital per trade
- • Use proper stop losses at all times
- • Size positions based on volatility
- • Avoid over-leveraging in Bank Nifty
Market Conditions
- • Be cautious during news events
- • Watch for RBI policy announcements
- • Monitor global banking sector trends
- • Consider volatility during expiry days
📅 Level Updates
These levels are calculated based on previous day's price action and are updated daily before market opening.
- • Pre-market: 8:30 AM IST
- • Mid-session: 12:30 PM IST
- • Post-market: 4:30 PM IST
- • Major breakouts/breakdowns
- • Policy announcements
- • Expiry day adjustments
⚠️ Important Educational Disclaimer
Risk Warning: These levels are for educational and analytical purposes only. Bank Nifty trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. We are not SEBI registered investment advisors. Please consult qualified financial professionals and do your own research before making any trading decisions. Trading in derivatives can result in significant losses exceeding your initial investment.