Banknifty analysis for 4 dec 2025

 Bank Nifty Intraday Analysis & Trade Plan

3rd December 2025, 

Bank Nifty Spot: 59,348.25 (+74.45 | +0.13%)

Expiry: 30-Dec-2025 (28 DTE)

PCR (OI): 0.97 (Neutral to mildly bearish)

Total OI: 2.67 Cr (+0.30% net addition)

ATM IV: 10.35% (very low → range-bound expected)

Max Pain: ≈59,600

Key Levels from OI + Chart (High-Probability Zones)

Level

Price

Strength

Reason

Strong Support

59,000–59,300

★★★★★

Highest Put OI wall (59,400–59,600 PE), lower Bollinger, volume shelf

Immediate Support

59,320–59,350

★★★★

Today’s pivot + VWAP zone

Immediate Resistance

59,500–59,550

★★★★

ATM strikes + 61.8% retracement

Strong Resistance

59,600–59,700

★★★★★

Massive Call writing (59,700–59,900 CE) + chart rejection zone

Today’s Candlestick Story

Strong Bullish Engulfing candle on 3rd Dec

Touched lower Bollinger Band → sharp reversal

Volume spike on green candle → genuine buying

Upper shadows repeatedly rejected at ~59,600

→ Classic “support-held + reversal candle” setup

Highest-Probability Intraday Trades for 4th Dec

Trade 1 – Bullish (Recommended – 70%+ probability)

Buy the Dip (Long)

Entry Zone: 59,300–59,340 (pullback or gap-up open retest)

Targets: 59,480 → 59,550 → 59,650 (trail)

Stop Loss: 59,240 (below today’s low & support zone)

Best Instrument: Bank Nifty Futures or 4-Dec 59400 CE (low premium, high delta)

R:R = 1:2.5+

Trade 2 – Bearish (Only if opens weak)

Sell the Rally (Short)

Entry Zone: 59,580–59,620 (rejection at resistance)

Targets: 59,450 → 59,350

Stop Loss: 59,680

Best Instrument: 59600 PE

Safe Strategy: Wait for first 15-min range, then trade breakout or breakdown of the range with the above levels as final targets/SL.

Social Media Sentiment (X/Twitter – Real-time scan)

60% Bullish (“sharp recovery”, “private banks holding”, “Yes Bank boost”)

30% Neutral (“wait & watch”, “range-bound”)

10% Bearish (“PSU drag”, “profit booking”)

Overall sentiment flipped positive after today’s close. DIIs bought ₹4,646 Cr vs FII selling → supports bounce continuation.

Final Verdict

Bank Nifty is likely to open flat-to-positive and grind higher toward 59,550–59,650 tomorrow unless it breaks and sustains below 59,240.

Best risk-reward is clearly on the long side near 59,300–59,340 zone.

Trade the plan, not the noise.

See you at the opening bell! 🚀

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