Bank Nifty — Analysis & Trading Plan
Today's Price Snapshot
- % Change: 0.92%
- Open: 54,999.35
- High: 55,582.15
- Low: 55,582.15
- Close: 55,582.15
Bank Nifty opened around 54,999 and closed at 55,582.15. The late-session price (high/low/close reported as 55,582.15) indicates the index finished at the upper end — a bullish sign into the close.
Option Chain — Call Side (Resistance)
| Strike Price | Total OI | Change in OI | Interpretation |
|---|---|---|---|
| 54,000 | 158,000 | -4,900 | Small call unwinding |
| 54,500 | 54,180 | -8,505 | Unwinding |
| 55,000 | 365,000 | -144,000 | Large call unwinding — resistance easing |
| 55,500 | 964,000 | -63,770 | Significant unwinding |
| 56,000 | 1,304,000 | -123,000 | Heavy unwinding at 56k |
| 56,500 | 803,000 | -19,670 | Moderate unwinding |
| 57,000 | 2,268,000 | -28,000 | High OI but some unwinding |
Option Chain — Put Side (Support)
| Strike Price | Total OI | Change in OI | Interpretation |
|---|---|---|---|
| 54,000 | 905,000 | -78,300 | Large put unwinding — less protection at 54k |
| 54,500 | 551,000 | +13,580 | Fresh put addition — support building |
| 55,000 | 933,000 | +48,355 | Strong put writing — immediate support |
| 55,500 | 857,000 | +9,240 | Additional support |
| 56,000 | 845,000 | +68,845 | Big put addition — support near 56k |
| 56,500 | 239,000 | -6,790 | Small unwinding |
| 57,000 | 1,323,000 | -9,555 | Minor reduction |
OI Observations
- Call-side: Broad call unwinding at 55,000–56,000 (large negative ΔOI) — this typically reduces overhead resistance and is bullish.
- Put-side: Mixed activity — big put reductions at 54,000 (less downside insurance), while strong put additions at 55,000 and especially 56,000 suggest traders are placing fresh support between 55k–56k.
- Net takeaway: Option flow shows bullish tilt — sellers covering calls and selective put buying around 55k–56k (support pocket). Expect strength to persist unless price breaks below put-heavy strikes on good volume.
Key Levels (for tomorrow)
Immediate Support
55,000
55,000
Support Zone
54,500 – 55,000
54,500 – 55,000
Immediate Resistance
55,800 – 56,000
55,800 – 56,000
Major Resistance
56,500
56,500
Trading Plan — 12 Aug 2025
Bullish Plan (primary bias)
- If Bank Nifty sustains above 55,500 in the first 15–30 mins → look for moves to 55,800 → 56,000. On clean breakout above 56,000, targets extend to 56,300–56,500.
- Intraday long SL (tight): below 55,400.
Bearish Plan (alternate)
- If price fails at 55,800–56,000 and drops back below 55,400 → intraday short to 55,100 → 55,000. A decisive break below 55,000 could take price toward 54,800–54,500.
- Intraday short SL: above 55,650.
Sentiment: Bullish bias — call unwinding + put concentration around 55k–56k. Trade with defined stops and size accordingly.
Disclaimer: Educational/ informational only — not a buy/sell recommendation. Always manage risk and position size.