BANKNIFTY
Analysis/Prediction for tomorrow
Note: If market opens flat or 80 to 100 points GAP there are
maximum chances that the price will be in range
so try to trade after 1 PM, one side movement could be possible.
For Gap-UP Opening
π’ Buy CE above 40600
βοΈ Target Should be 40890
π΄ Avoid PE
For Gap-Down Opening
π’ Buy CE above 40375
βοΈ Target Should be 40600, 40890
π΄ Buy PE below 40200
βοΈ Target Should be 40000
Note:
π¨ Gap-UP & Gap-Down more than 200 points wait for price action.
π¨ Gap-UP & Gap-Down up-to 100 points wait for a pullback.
β οΈ Wait for the 5-minute candle to close for confirmation.
β οΈ Trade Like Either SL or Target.
β οΈ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Note: If market opens flat or 80 to 100 points GAP there are
maximum chances that the price will be in range
so try to trade after 1 PM, one side movement could be possible.
For Gap-UP Opening
π’ Buy CE above 40600
βοΈ Target Should be 40890
π΄ Avoid PE
For Gap-Down Opening
π’ Buy CE above 40375
βοΈ Target Should be 40600, 40890
π΄ Buy PE below 40200
βοΈ Target Should be 40000
Note:
π¨ Gap-UP & Gap-Down more than 200 points wait for price action.
π¨ Gap-UP & Gap-Down up-to 100 points wait for a pullback.
β οΈ Wait for the 5-minute candle to close for confirmation.
β οΈ Trade Like Either SL or Target.
β οΈ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.