NSE:BANKNIFTY Analysis/Prediction for tomorrow 23-08-2022

Aug 22, 2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat & Gap-UP Opening
🟢 Buy CE above 38500
✔️ Target Should be 38750
🔴 Buy PE near 38475 or below 38250
✔️ Target Should be 38025

for Gap-Down Opening
🟢 🔴 Wait for Price Action


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.