Trade BANK Nifty Today: RBI Policy at 10 AM, Anticipate Volatility & Trend

By | June 6, 2025 9:00 am

FIIs Maintain Bullish Stance in Bank Nifty Futures – 04 June 2025

Foreign Institutional Investors (FIIs) continued to reflect a bullish outlook in the Bank Nifty Index Futures market on 05 June 2025, signaling confidence ahead of the RBI Monetary Policy announcement.

Key FII Data Overview

  • Contracts Bought: 945

  • Total Value: ₹153 crore

  • Net Open Interest Change: -259 contracts

Despite the bullish activity, the decline in net OI suggests short covering or partial profit booking, rather than aggressive new long additions.

Interpretation & Market Insight

  • FIIs appear to be lightening their short exposure, while maintaining a moderately positive stance.

  • The activity aligns with broader market behavior, where Bank Nifty has held key support zones, suggesting resilience despite policy uncertainty.

  • A mild dip in OI typically points to a wait-and-watch approach ahead of macro events like the RBI rate decision.

Master Losses: Your Trading War Journal for Unbreakable Discipline

You can read the Previous Day Analysis by clicking on this link.

The RBI Monetary Policy is scheduled for 10:00 AM today, and the market is pricing in a 25 basis point rate cut. But history tells us that it’s not just the rate action — it’s the reaction that creates trading opportunities.

In the video below, we’ve discussed how Bank Nifty has reacted to past RBI policies, and more importantly, how to profit from the 10:00 AM move, a time window known for explosive short-term action.

Astro Cycle Setting Up a Bigger Move

Regardless of today’s policy outcome, the real trend is likely to unfold starting Monday, as a cluster of astro events converge, setting the stage for a high-probability directional breakout.

Key Astro Events Lined Up:

  • Venus Ingress into Taurus → Brings strength to financials, markets often gain traction.

  • Mercury Square North Node → Often signals indecision before a sharp move.

  • Mars YOD North Node → Rare setup indicating abrupt and forceful movement.

  • Bayer Rule 14:

“Venus movements in geocentric longitude using a unit of 1°9’13” often signal key reversals.”

With Venus and Mars both involved, expect a trending setup rather than sideways chop.

Technical View for Weekly Close

For today, watch out for the weekly closing range between 55600– 55666. A close in this zone will position the market perfectly for a sustained breakout next week.Weekly Chart are forming 2 Nr21 candel one of the rare event.

Trading Strategy

  • Watch the 10:15 AM candle for direction: It often sets the tone for the rest of the day.

  • Avoid over-leveraging ahead of the event; volatility is expected.

  • Monday onwards will be key — align trades with the breakout direction post-astro trigger.

Key Levels to Watch

  • Resistance Zone: 55,889 (previous swing high)

  • Support Zone: 55,349 (last breakdown level)

A move above 55,889 could reignite bullish momentum, while sustained trade below 55,349 may shift control back to bears.


Strategic Takeaway

With a mixed bias in open interest and directional buying, traders should:

    • Watch for price confirmation post-policy before taking aggressive trades.

    • Consider hedged intraday strategies to manage risk in a volatile environment.

Stay disciplined, trade light during uncertainty, and prepare for a directional week ahead.

Bank Nifty Trade Plan for Positional Trade ,Bulls will get active above 55889 for a move towards 56363/56839. Bears will get active below 55349 for a move towards 55909/54675/54442
Traders may watch out for potential intraday reversals at 09:37,10:58,12:10,01:32,02:50  How to Find and Trade Intraday Reversal Times

Bank Nifty May Futures Open Interest Volume stood at 19.5 lakh, with liquidation of 0.11 lakh contracts. Additionally, the Increase in Cost of Carry implies that there was a closure of SHORT positions today.

Bank Nifty Advance Decline Ratio at 02:10 and Bank  Nifty Rollover Cost is @55480 closed below it.

BANK Nifty Gann Monthly Buy Level : 55941

BANK Nifty Gann Monthly Buy Level : 55254

Bank Nifty closed ABOVE its 20 SMA @55163,Trend is Buy on Dips till above 55200

Traders who follow the musical octave trading path may find valuable insights in predicting Bank Nifty’s movements. According to this path, Bank Nifty may follow a path of 53548-55141-56734. This means that traders can take a position and potentially ride the move as Bank Nifty moves through these levels. Of course, it’s important to keep in mind that trading is inherently risky and market movements can be unpredictable.

According to the Bank Nifty options chain, the call side has the highest open interest (OI) at the 56000 strike, followed by the 56500 strike. On the put side, the 55500 strike has the highest OI, followed by the 55000 strike.This indicates that market participants anticipate Bank Nifty to stay within the 55000-56000 range. 

The Bank Nifty options chain shows that the maximum pain point is at 55700 and the put-call ratio (PCR) is at 0.79 Typically, when the PCR open interest ranges between 0.90 and 1.05, the market tends to remain range-bound. PCR is on extreme end suggesting we can see sharp reversal .

Those who succeed big at anything all have the same attitude: You keep going until it happens or you die trying. Quitting is not an option.

For Positional Traders, The Bank Nifty Futures’ Trend Change Level is At 55957. Going Long Or Short Above Or Below This Level Can Help Them Stay On The Same Side As Institutions, With A Higher Risk-reward Ratio. Intraday Traders Can Keep An Eye On 56032, Which Acts As An Intraday Trend Change Level.

BANK Nifty Intraday Trading Levels

Buy Above 55800Tgt 55980, 56166 and 56323 (BANK Nifty Spot Levels)

Sell Below 55666 Tgt 55555, 55385 and 55127 (BANK Nifty Spot Levels)

Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

► Join Youtube channel : Click here

Check out Gann Course Details: W.D. Gann Trading Strategies

Check out Financial Astrology Course Details: Trading Using Financial Astrology

Check out Gann Astro Indicators Details: Gann Astro Indicators

Leave a Reply