TheTechNifty

NSE:BANKNIFTY Analysis/Prediction for tomorrow expiry 27-10-2022

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Analysis/Prediction for tomorrow

For Flat/Gap-UP Opening
🟒 Buy CE if breaks above trend line or above 41370
βœ”οΈ Target Should be 40800
πŸ”΄ Buy PE below 41000
βœ”οΈ Target Should be 40650

For Gap-Down Opening
🟒 Avoid CE
πŸ”΄ Buy PE near 41000
βœ”οΈ Target Should be 40650, 40200

Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.



Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.

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