BANKNIFTY Analysis/Prediction for Tomorrow 15-07-2022

14 Jul 2022

BANKNIFTY Analysis/Prediction for Tomorrow 15-07-2022

If price opens in no trading zone
🟢 Buy CE above 34760
✔️ Target Should Be 35000
🔴 Buy PE below 34560
✔️ Target Should Be 34370, 34150

Gap-UP Opening
🟢 Buy CE above 35020
✔️ Target Should Be 35200
🔴 Buy PE below 34650 or near 35000
✔️ Target Should Be 34650, 34370, 34150

Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE below 34360 or near 34650
✔️ Target Should be 34150, 34000

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