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Nifty Bank Index

BANKNIFTY Analysis/Prediction for tomorrow 29-07-2022

By TheTechNifty
BANKNIFTY Analysis/Prediction for tomorrow 29-07-2022

For Flat and Gap-Up Opening
🟢 Buy CE above 37520
✔️ Target Should be 37800
🔴 Buy PE below 37260
✔️ Target Should Be 37030

For Gap-Down Opening below 37250
🟢 Buy CE above 37380
✔️ Target Should be 37520
🔴 Buy PE below 37000
✔️ Target Should Be 36820

Note:
🚨 Gap-UP & Gap-Down more than 200 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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TheTechNifty
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