TRADE SET-UP: Indices closed slightly higher yesterday, and tech stocks recovered. Most Asian markets are following the stable US close.

Overall tone remains constructive. The broader market structure is positive, but immediate resistance zones are clearly defined.

OPTIONS DATA ANALYSIS

• Nifty: Call writing is visible at 25800, followed by 26000.

  Put writing is strong at 25700, suggesting a range-bound structure unless Nifty decisively crosses 25850.

  Closing above the 50 SMA is technically supportive for the bulls.

Intraday Levels

Key intraday trading levels based on options positioning.

BANK NIFTY VIEW

• Put writers are active at 61000, providing support

• Call writers positioned at 61800–62000, creating upside resistance

• Structure remains stronger than Nifty

Focus stays on Bank Nifty for relative outperformance.

OVERALL SENTIMENT:

Market structure remains healthy and technically positive, but upside momentum depends on clearing immediate call-heavy zones.

Expect consolidation until breakout confirmation.

STRATEGY:

• Avoid aggressive longs near resistance

• Prefer dips near support with a strict stop loss

• Wait for a decisive move above 25850 (Nifty) for momentum expansion

Disclaimer: We are not a SEBI-registered Research Analyst or Investment Advisor. You are solely responsible for your trading decisions. Always perform your own due diligence or consult a certified financial planner before executing any trade.