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Nifty Bank Index

BANKNIFTY Analysis/Prediction for tomorrow expiry 28-07-2022

By TheTechNifty
BANKNIFTY Analysis/Prediction for tomorrow expiry 28-07-2022

For Flat Opening
🟢 Buy CE near 36580 or above 37012
✔️ Target Should be 37250
🔴 Buy PE below 36470
✔️ Target Should Be 36100

For Gap-UP Opening
🟢 Buy CE near 36785 or above 37012
✔️ Target Should be 37250
🔴 Avoid PE

For Gap-Down Opening above 36500
🟢 Buy CE immediately
✔️ Target Should be 36780
🔴 Buy PE below 36470
✔️ Target Should Be 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.
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