[INTRADAY] #BANKNIFTY PE & CE Levels(07/10/2025)

Bank Nifty is expected to open with a gap-up near the 56,100 level, continuing its recent bullish momentum. The index has been forming higher highs and higher lows, indicating strong buying interest from lower levels.

If Bank Nifty sustains above 56,050–56,100, it could extend its upside move toward 56,250, 56,350, and 56,450+. A breakout above 56,650 will likely trigger a stronger rally, pushing the index toward 56,850–56,950+ levels in the short term.

On the downside, immediate support is placed around 55,950–55,900. A drop below this zone may lead to some intraday profit booking, taking the index toward 55,750, 55,650, and 55,550-.

Overall, the sentiment remains positive with a gap-up opening, but traders should stay cautious near resistance levels and manage positions with strict stop-losses. The bias remains bullish as long as the index holds above 55,900.