TheTechNifty

BANKNIFTY Analysis/Prediction for tomorrow 27-07-2022

TheTechNifty Updated   
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Analysis/Prediction for tomorrow 27-07-2022

For Flat/ Gap-UP Opening
🟒 Buy CE above 36500
βœ”οΈ book profit near the trendline
πŸ”΄ Buy PE below 36345 or near 36500
βœ”οΈ Target Should Be 36180, 36090

For Gap-Down Opening above 36300
🟒 Avoid CE
πŸ”΄ Buy PE near 36400
βœ”οΈ Target Should Be 36180, 36090

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.
Trade closed: target reached

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.