BANKNIFTY
Analysis/Prediction for Tomorrow 19-07-2022
For Flat Opening
π’ Buy CE above 35385 or near 35125
βοΈ Target Should Be 35530
π΄ Avoid PE
For Gap-UP Opening
π’ Buy CE above 35550
βοΈ Target Should Be 35530
π΄ Buy PE below 35350
βοΈ Target Should Be 35125
For Gap-Down Opening (Above 35125)
π’ Buy CE near 35125 or 35000
βοΈ Target Should Be 35350, 35500
π΄ Buy PE below 34950
βοΈ Target Should Be 34700
Note:
π¨ Gap-UP & Gap-Down more than 200 points wait for price action.
π¨ Gap-UP & Gap-Down up-to 200 points wait for 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.
For Flat Opening
π’ Buy CE above 35385 or near 35125
βοΈ Target Should Be 35530
π΄ Avoid PE
For Gap-UP Opening
π’ Buy CE above 35550
βοΈ Target Should Be 35530
π΄ Buy PE below 35350
βοΈ Target Should Be 35125
For Gap-Down Opening (Above 35125)
π’ Buy CE near 35125 or 35000
βοΈ Target Should Be 35350, 35500
π΄ Buy PE below 34950
βοΈ Target Should Be 34700
Note:
π¨ Gap-UP & Gap-Down more than 200 points wait for price action.
π¨ Gap-UP & Gap-Down up-to 200 points wait for 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.
Trade closed: target reached:
Almost 300 Points... good move.. βοΈ