BANKNIFTY offers tactical buy opportunity above ₹55,350-55,500 crucial support zone (prior swing low + 20-SMA ₹55,400 confluence) post-RBI MPC liquidity boost, despite mixed MAs (10 Sell/2 Buy), RSI 53.41 above midpoint + STOCH 99 overbought relief signals momentum continuation with MACD -167 contracting histogram reversal imminent. Williams %R overbought cooldown + strong bullish Marubozu confirmation validates institutional accumulation ahead resistance ₹56,000-56,200. Entry ₹55,700-55,800 targeting ₹56,200-57,000 (2-5%) SL ₹55,000 for 2.5R reward leveraging policy tailwinds.Warning-
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KINDLY REVISE SL AT 725