TheTechNifty

BANKNIFTY Analysis/Prediction for Tomorrow 15-07-2022

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Analysis/Prediction for Tomorrow 15-07-2022

If price opens in no trading zone
🟒 Buy CE above 34760
βœ”οΈ Target Should Be 35000
πŸ”΄ Buy PE below 34560
βœ”οΈ Target Should Be 34370, 34150

Gap-UP Opening
🟒 Buy CE above 35020
βœ”οΈ Target Should Be 35200
πŸ”΄ Buy PE below 34650 or near 35000
βœ”οΈ Target Should Be 34650, 34370, 34150

Gap-Down Opening
🟒 Avoid CE
πŸ”΄ Buy PE below 34360 or near 34650
βœ”οΈ 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.


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