Bank Nifty levels and chart patterns for 2nd June 2025.
Bank Nifty consolidating within a range of 795 points, which is 55,030 to 55,832.
Currently we have resistance at 55,830 and support at 55,030.
A breakout above 55,832 can test 56,628, while a breakdown below 55,031 may bring more downside pressure to 54,232
As we have RBI policy on June 6th we may see good movement on either side. I am biased towards the higher side.
Option Chain Analysis
Looking at the Bank Nifty options open interest data, the 56,000 strike has the highest Call OI of around 1.9 million and Put OI of around 1.5 million, This suggests a strong resistance will be 56,000.
and this also show Bank Nifty not able move above 55830 range which is acting as resistance.
Moving to the volume data, there’s a noticeable spike around the 55,000 level, which indicates strong buying interest.
Watch for shifts in OI to confirm the next move.
Bank Nifty consolidating within a range of 795 points, which is 55,030 to 55,832.
Currently we have resistance at 55,830 and support at 55,030.
A breakout above 55,832 can test 56,628, while a breakdown below 55,031 may bring more downside pressure to 54,232
As we have RBI policy on June 6th we may see good movement on either side. I am biased towards the higher side.
Option Chain Analysis
Looking at the Bank Nifty options open interest data, the 56,000 strike has the highest Call OI of around 1.9 million and Put OI of around 1.5 million, This suggests a strong resistance will be 56,000.
and this also show Bank Nifty not able move above 55830 range which is acting as resistance.
Moving to the volume data, there’s a noticeable spike around the 55,000 level, which indicates strong buying interest.
Watch for shifts in OI to confirm the next move.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.