NSE:BANKNIFTY Analysis/Prediction for tomorrow 07-11-2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat Opening
🟢 Buy CE above 41470
✔️ Target Should be 41675
🔴 Avoid PE

For Gap-UP Opening
🟢 Buy CE above 41480
✔️ Target Should be 41680
🔴 Buy PE below 41260
✔️ Target Should be 40980

For Gap-Down Opening
🟢 Buy CE above 41260
✔️ Target Should be 41450
🔴 Buy PE below 41080
✔️ Target Should be 40850

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.