BANKNIFTY Analysis/Prediction for tomorrow 25-07-2022

Nifty Bank Index (NSE:BANKNIFTY)

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NSE:BANKNIFTY Nifty Bank Index

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BANKNIFTY Analysis/Prediction for tomorrow 25-07-2022

For Flat Opening
🟢 Buy CE above 36830
✔️ Target Should be 37000
🔴 Buy PE below 36620
✔️ Target Should Be 36410, 36200

For Gap-UP Opening
🟢 Avoid CE
🔴 Buy PE below 36730
✔️ Target Should Be 36410, 36200

For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE near 36730
✔️ Target Should Be 36410, 36200

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.