BANKNIFTY Analysis/Prediction for tomorrow 26-07-2022Analysis/Prediction for tomorrow
For flat opening (between 36500-37000)
🟢 Buy CE above 36900
✔️ Target Should be 37000, 37300
🔴 Buy PE below 36500
✔️ Target Should Be 36100
For Gap-UP Opening below 37000
🟢 buy CE above 37030
✔️ Target Should Be 37300
🔴 Buy PE below 36730
✔️ Target Should Be 36500, 36100
For Gap-Down Opening below 36500
🟢 Avoid CE
🔴 Buy PE near 36660
✔️ 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.
Note
#Nifty is showing strength, so place your SL above 36500.Trade closed: stop reached
SL
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.
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.