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TheTechNifty

NSE:BANKNIFTY Analysis/Prediction for tomorrow 24-08-2022

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 39030
✔️ Target Should be 39480
🔴 Buy PE near 39000 or below 38600
✔️ Target Should be 38700, 38400, 38200

For Gap-UP Opening
🟢 Buy CE above 39030
✔️ Target Should be 39480
🔴 Buy PE below 38700
✔️ Target Should be 38400, 38200

for Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE below 38550
✔️ Target Should be 38400, 38200


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.