Banknifty analysis for 13 aug 2025

 Looking at  BankNifty chart + option chain + OI analytics, here’s the combined analysis:---


1. Candlestick + Price Action View (2h chart)


Trend: Downtrend — price is making lower highs and lower lows.


Current CMP: 55043, which is closer to the lower end of the recent range.


Immediate Zone: Price is struggling to stay above 55000 psychological level.


Recent candles show rejection at ~55400–55500 zone (selling pressure).

---


2. Option Chain Analysis (28 Aug expiry)


Call side (Resistance)


55500 CE: Highest Call OI = 12.19 lakh with fresh addition of 2.55 lakh → Strong resistance.


55000 CE: Heavy OI = 10.03 lakh → Minor resistance just above CMP.


OI Change: Fresh call writing at 55000 & 55500 = Bearish signal.


Put side (Support)


54600 PE: OI = 89,775 (highest in the lower strikes) → Minor support.


55000 PE: OI = 8.71 lakh but reducing → Support weakening.


PCR (Overall): 0.70 → Bearish bias.

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3. OI Change & Multi-Strike OI


Intraday OI build-up:


Call OI rising steadily during the day at 55100 & 55500.


Put unwinding visible at 55000 → bulls losing grip.



This indicates sellers defending the upside and pushing price down.

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4. Support & Resistance Levels


Level Type Reason


55500 Major Resistance Max Call OI + rejection zone on chart

55400 Minor Resistance Price rejection on multiple candles

55000 Weak Support Psychological level but put unwinding seen

54600 Major Support Max Put OI buildup below CMP

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5. Intraday Trading Plan (Minimal Stop-loss)


Bias: Bearish unless price sustains above 55400.


Scenario A — Short trade


Entry: If price breaks & sustains below 54980 with volume spike.


Target: 54720–54620


Stop-loss: 55080 (≈100 points SL)


Reason: Break of psychological & OI-based support + trend continuation.



Scenario B — Long trade


Entry: Only if price breaks & sustains above 55420 with strong green candles + VWAP reclaim.


Target: 55500–55600


Stop-loss: 55320 (≈100 points SL)


Reason: Short covering possible above resistance zone.--


6. Quick Summary


Trend: Bearish bias for now.


Major Resistance: 55500


Major Support: 54600


Perfect Intraday Point: Sell below 54980 with SL 55080 OR Buy above 55420 with SL 55320, depending on breakout direction.

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Thanks 

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