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Bank Nifty 55500CE intraday analysis for April 21, 2025

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On the 15-minute interval, the trend is bullish.
The 55500CE entry has been confirmed at ₹180 (since the Scalper indicator signaled a 'Buy' on the previous candle, we consider the opening price of the next candle as the entry).

The stop loss is placed at ₹104.25.

There is strong resistance at ₹306. Once the price breaks above ₹306, the immediate target is ₹379.

This is just my view. As a trader, you are advised to do your own technical study and trade with Stop-Loss.

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