BANKNIFTY Analysis/Prediction for Tomorrow 19-07-2022

Nifty Bank Index (NSE:BANKNIFTY)

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NSE:BANKNIFTY Nifty Bank Index

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BANKNIFTY Analysis/Prediction for Tomorrow 19-07-2022

For Flat Opening
🟢 Buy CE above 35385 or near 35125
✔️ Target Should Be 35530
🔴 Avoid PE

For Gap-UP Opening
🟢 Buy CE above 35550
✔️ Target Should Be 35530
🔴 Buy PE below 35350
✔️ Target Should Be 35125

For Gap-Down Opening (Above 35125)
🟢 Buy CE near 35125 or 35000
✔️ Target Should Be 35350, 35500
🔴 Buy PE below 34950
✔️ Target Should Be 34700

Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 200 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.