BANKNIFTY Analysis/Prediction for tomorrow 08-08-2022
For Flat/ Gap-Up Opening 🟢 Buy CE above 38170 ✔️ Target Should be 38480, 38630 🔴 Buy PE below 37830 ✔️ Target Should be 37525, 37270
For Flat Gap-Down Opening 🟢 Buy CE above 38050 ✔️ Target Should be 38480, 38630 🔴 Buy PE below 37920 ✔️ Target Should be 37525, 37270
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.