Get started
TheTechNifty

NSE:BANKNIFTY Analysis/Prediction for tomorrow 16-08-2022

Nifty Bank Index (NSE:BANKNIFTY)  
TheTechNifty  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis bankniftyanalysis bankniftyprediction bankniftyoptionbuying bankniftyoptions Contains image
0
1
trendanalysis bankniftyanalysis bankniftyprediction bankniftyoptionbuying bankniftyoptions containsimage
BANKNIFTY Analysis/Prediction for tomorrow 16-08-2022

Due to the Long weekend try to trade after watching the one-hour price action.

For Flat Opening
🟢 Buy CE above 39100
✔️ Target Should be 39425
🔴 Buy PE below 38950
✔️ Target Should be 38770

For Gap-UP Opening
🟢 for CE watch price action
🔴 Buy PE Near below 39000
✔️ Target Should be 38770

For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE Near 39000
✔️ Target Should be 38770, 38570


Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a 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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.