BANKNIFTY: Conditional Bullish Setup for 30-Jun ExpiryNifty Bank IndexNSE_DLY:BANKNIFTYAryan_yadav2612 BANKNIFTY is moving toward the Weekly Volume Imbalance inside the supply zone, so the higher timeframe draw is still on the upside. However, price is now near an important reaction area. On the Daily timeframe, price has created a Volume Imbalance between the 24th and 25th June candles, around the 58,600 zone. Price has also closed below 58,500, where strong Call writing is visible. This makes 58,500–58,600 an important resistance / reaction zone. For the 30-Jun expiry, the option chain shows: Put OI: 6,52,410 Call OI: 5,54,930 PCR: 1.18 Max Pain: 57,500 Spot: around 58,177 PCR near 1.18 supports a buy-on-dips / range-positive view, but since price is already trading above max pain, aggressive fresh longs near 58,500–59,000 may not offer good risk-reward unless there is a clean breakout. My plan for Monday: If BankNifty opens flat, I will wait for price to react from the Daily Volume Imbalance / 58,500–58,600 zone. From there, price may move toward my 1H Mitigation OB / Demand zone, where PDL liquidity can also be swept. Only after confirmation, I will look for a long setup. Entry Model: Liquidity Sweep → Bullish Displacement → MSS on LTF → Imbalance Retest → Long Entry This is not a direct bullish chase setup. It is a conditional long setup after sell-side liquidity collection. Key Levels: Resistance: 58,500–58,600 Range Zone: 58,000–58,500 Max Pain / Gravity Zone: 57,500–58,000 Best Long Area: 1H Demand / Mitigation OB after liquidity sweep Final View: BankNifty can remain range-positive, but I will avoid buying directly into resistance. The better trade is to wait for a dip, liquidity sweep, bullish displacement, and then enter on a clean imbalance retest.