BankNifty 1D Timeframe

📊 Current Market Price:
Around ₹56,750 – ₹56,800

Bank Nifty has recently cooled off a bit after touching its all-time high of ~₹57,628. It’s still in a strong uptrend, but showing short-term consolidation—which is healthy for long-term moves.

🛡️ Important Support Zones (Buy on Dips)
These are levels where Bank Nifty is likely to bounce if it falls:

✅ ₹56,200 – ₹56,300
Recent swing low and key 1-day candle support

Ideal first level to enter or add

Can act as a good buying zone if the index dips slightly

✅ ₹55,500 – ₹55,700
Strong demand zone

Acts as a cushion in case of deeper correction

Great zone for long-term accumulation

✅ ₹54,800 – ₹55,000
Previous breakout level

Excellent entry point for long-term investors if panic selling happens

🚧 Resistance Levels (Upside Barriers)
These are levels where profit booking may happen:

🔼 ₹57,000 – ₹57,200
Near current highs; if crossed, momentum may return quickly

🔼 ₹57,600 – ₹57,800 (All-Time High Zone)
Heavy resistance; needs volume to break

🔼 ₹58,500+
Potential future target on strong breakout above ₹57,800

📌 What to Do Now (Investment Plan)
🔹 Already Holding?
Stay invested. Trend is still bullish unless price breaks below ₹55,000.

Consider booking partial profits near ₹57,600 if you're short-term focused.

🔹 Want to Invest Now?
Wait for dip to ₹56,200 – ₹56,300 for safer entry

Start buying in small parts. Don’t go all in at once.

🔹 Aggressive Entry?
You can also consider entering now and adding more on dips

Just place a stop loss near ₹55,000 (daily close basis)