BANKNIFTY 1D Time frame

Previous Close: 55,121

Today Open: 55,061

Day’s High: 55,276

Day’s Low / Last: 54,389

⚡ Strategy

For Intraday / Short-Term Traders:

If BankNIFTY holds above 54,400 – 54,500, a small bounce toward 54,800 – 55,000 is possible.

If it fails to hold 54,400, expect more downside toward 54,000 – 53,800.

Bullish View (Only if recovery): Buy above 54,800 for targets 55,100 – 55,250, SL below 54,500.

Bearish View (Preferred): Sell on rise near 54,700 – 54,900 with SL above 55,000, targets 54,300 → 54,000.