Harmonicstrader

Banknifty 18 may 22 analysis

NSE:BANKNIFTY   Nifty Bank Index
1. Clearly market has given a good momentum over our key level 34070. Now tomorrow if market opens flat or gap down then we will take call near 34070 . Sl 33930 and target 34600. Risk to reward 1:5

2. If market opens gap up then we will wait for market to reach 34620 then we will take put position with sl of 34715, for targets 34300 and 34070.

3. If market opens gap down below 33900 then market is going towards 30500.

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