BANKNIFTY Analysis/Prediction for tomorrow expiry 28-07-2022
For Flat Opening 🟢 Buy CE near 36580 or above 37012 ✔️ Target Should be 37250 🔴 Buy PE below 36470 ✔️ Target Should Be 36100
For Gap-UP Opening 🟢 Buy CE near 36785 or above 37012 ✔️ Target Should be 37250 🔴 Avoid PE
For Gap-Down Opening above 36500 🟢 Buy CE immediately ✔️ Target Should be 36780 🔴 Buy PE below 36470 ✔️ Target Should Be 36100
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.