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TheTechNifty

NSE:BANKNIFTY Analysis/Prediction for tomorrow 31-10-2022

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

For Flat/Gap-UP Opening
🟢 Buy CE above 41200
✔️ Target Should be 41450, 41800
🔴 Buy PE below 40900
✔️ Target Should be 40550

For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE near 41000
✔️ Target Should be 40550, 40200


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.