TheTechNifty

BANKNIFTY Analysis/Prediction for tomorrow 26-07-2022

TheTechNifty Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Analysis/Prediction for tomorrow 26-07-2022

Analysis/Prediction for tomorrow

For flat opening (between 36500-37000)
🟒 Buy CE above 36900
βœ”οΈ Target Should be 37000, 37300
πŸ”΄ Buy PE below 36500
βœ”οΈ Target Should Be 36100

For Gap-UP Opening below 37000
🟒 buy CE above 37030
βœ”οΈ Target Should Be 37300
πŸ”΄ Buy PE below 36730
βœ”οΈ Target Should Be 36500, 36100

For Gap-Down Opening below 36500
🟒 Avoid CE
πŸ”΄ Buy PE near 36660
βœ”οΈ Target Should Be 36500, 36100

Note:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 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.

Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Comment:
#Nifty is showing strength, so place your SL above 36500.
Trade closed: stop reached:
SL

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