TheTechNifty

BANKNIFTY Analysis/Prediction for tomorrow 01-09-2022

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Analysis/Prediction for tomorrow

For Flat Opening
🟒 Buy CE near 39200
βœ”οΈ Target Should be 39760
πŸ”΄ Avoid PE

For Gap-UP Opening
🟒 Buy CE near 39500 (Less QTY)
βœ”οΈ Target Should be 39750, 39900
πŸ”΄ Avoid PE

For Gap-Down Opening (Below 39200)
🟒 Buy CE Above 39350
βœ”οΈ Target Should be 39760
πŸ”΄ Buy below 39000
βœ”οΈ Target Should be 38750, 38400


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

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