BANKNIFTY
Analysis/Prediction for tomorrow's expiry 07-07-2022
If market opens between 34150-34400 wait for the breakout
🟢 Upside target should be 34800, 35000
🔴 Downside target should be 33760
if market opens beyond 15920-16030
wait for price action and trade with direction.
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.
If market opens between 34150-34400 wait for the breakout
🟢 Upside target should be 34800, 35000
🔴 Downside target should be 33760
if market opens beyond 15920-16030
wait for price action and trade with direction.
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.