NSE:BANKNIFTY Analysis/Prediction for tomorrow 26-09-2022

25 Sep 2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat/Gap-UP Opening
🟢 Buy CE above 40020
✔️ Target Should be 40350
🔴 Buy PE below 39420
✔️ Target Should be 39000, 38760

For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE near 39400
✔️ Target Should be 39000, 38760, 38000


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.