Bank Nifty hovered around 55,300–55,400 on 03 October 2025 with intraday focus on whether the critical 55,070 support could hold to fuel another upside leg.
What is the intraday view for Bank Nifty on 03 october 2025?
About the market setup: Bank Nifty entered the trading day testing a crucial support zone. The short-term battle was set between buyers defending 55,070 and sellers looking to push the index lower towards 54,830 and beyond.
Moving averages and price structure
The 20-hour EMA was at 54,928 while the 40-hour EMA stood at 54,916, indicating tight hourly alignment. On a broader frame, the 20-day EMA was placed at 54,933 and the 40-day EMA at 55,071, keeping Bank Nifty near a critical confluence zone.
Support and downside levels
Support levels were marked at 55,070, 54,830, and 54,225. Breaking 55,070 decisively would have opened further downside risk, dragging the index closer to mid-54,000s.
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Failure to hold 55,070 may trigger a slide first to 54,830 and then towards 54,225.
Resistance and upside potential
On the upside, Bank Nifty faced resistance at 55,595, 55,825, and 56,100. Holding above 55,070 could have enabled a rally towards these key resistance points.
✅ Sustaining 55,070 paves the way for a move towards 55,825 and possibly 56,100.
Trading view summary
For intraday traders, 55,070 remained the line in the sand. A hold above this support would have encouraged fresh longs towards 55,595–55,825 and possibly 56,100. A breakdown, however, exposed the index to 54,830 and 54,225 in quick succession.
⚠️ Sustained price action around the 55,070 zone was critical before committing trades.
For those actively monitoring intraday momentum, here’s a quick tactical view 👉 Nifty Tip | BankNifty Tip
Short-term trend reversal
No explicit reversal level was mapped, but a sustained push beyond 55,825 would have signalled bullish dominance, whereas a fall below 55,070 would have tilted sentiment to bearish.
Investor Takeaway
Bank Nifty’s intraday play revolved around the 55,070 support on 03 October 2025. Traders could look for long opportunities if the zone held firm, with upside targets near 55,825–56,100. Conversely, a breakdown could drag the index lower towards 54,225. Staying nimble and respecting these levels remained key. More such actionable analysis can be found at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
