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TheTechNifty

NSE:BANKNIFTY Analysis/Prediction for tomorrow 18-10-2022

Nifty Bank Index (NSE:BANKNIFTY)  
TheTechNifty  
NSE:BANKNIFTY   Nifty Bank Index
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BANKNIFTY Analysis/Prediction for tomorrow

For Flat/Gap-Down Opening
🟢 Buy CE above 40075
✔️ Target Should be 40290, 40500
🔴 Avoid PE

For Gap-UP Opening
🟢 Buy CE near 40000
✔️ Target Should be 40290, 40500
🔴 Avoid PE


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.