[INTRADAY] #BANKNIFTY PE & CE Levels(22/08/2025)

Bank Nifty is expected to open with a gap-down start, continuing its consolidation within the same range it has been stuck in for the last few sessions. The zone between 55,550–56,000 remains a decisive band, and price action here will dictate the intraday trend.

On the upside, a move above 55,550–55,600 can trigger buying momentum, with potential targets at 55,750, 55,850, and 55,950+. Sustaining above 56,050 will open the way for a bigger rally toward 56,250–56,450+.

On the downside, if Bank Nifty slips below 55,450–55,400, fresh selling pressure may emerge with immediate targets at 55,250, 55,150, and 55,050.

Since the index has been consolidating in a narrow range for the last couple of days, a breakout from either side (above 56,000 or below 55,400) could provide the next strong directional move.