BANKNIFTY
Analysis/Prediction for tomorrow 01-08-2022
For Flat Opening
π’ Buy CE above 37550
βοΈ Target Should be 37750
π΄ Buy PE below 37350
βοΈ Target Should Be 37220, 37000
For Gap-UP Opening
π’ Buy CE above 37750 or near 37500
βοΈ Target Should be 37750. 37980
π΄ Avoid PE
For Gap-Down Opening
π’ Buy CE above 37500
βοΈ Target Should be 37750
π΄ Buy PE below 37220
βοΈ Target Should Be 37000
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.
For Flat Opening
π’ Buy CE above 37550
βοΈ Target Should be 37750
π΄ Buy PE below 37350
βοΈ Target Should Be 37220, 37000
For Gap-UP Opening
π’ Buy CE above 37750 or near 37500
βοΈ Target Should be 37750. 37980
π΄ Avoid PE
For Gap-Down Opening
π’ Buy CE above 37500
βοΈ Target Should be 37750
π΄ Buy PE below 37220
βοΈ Target Should Be 37000
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.
Trade closed: target reached