TheTechNifty

NSE:BANKNIFTY Analysis/Prediction for tomorrow 10-01-2023

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Analysis/Prediction for tomorrow

For Flat Opening
🟒 Buy CE above 42710
βœ”οΈ Target Should be 42950
πŸ”΄ Avoid PE

For Gap-Down Opening
🟒 Buy CE Above 42600
βœ”οΈ Target Should be 42700, 42800
πŸ”΄ Buy PE below 42410
βœ”οΈ Target Should be 42200

For Gap-UP Opening
🟒 Buy CE Near 42600
βœ”οΈ Target Should be 42700, 42800
πŸ”΄ Avoid PE


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.

Disclaimer

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