today end of session bank nifty formed raising wedge in 15 min time frame. today's bank nifty close: 35131
if the gap up by 100 points bank nifty will be starting at 35231
so tomorrow maximum market seems likely to open in gap up by 100 points if the market open gap up by 100 points then it satisfies raising wedge then it will surely fall from 35231 to 34900 target is 34900 net profit is: 300 points so buy the 35200 PE option.
if the gap down by 100 points bank nifty will be starting at 35031 if the market open gap down by 100 points then also satisfies bearish divergence then it will surely fall from 35031 to 34900 target is 34900 net profit is: 100 points so buy the 35000 PE option in case gap-down.
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I am able to see strong red candles in 5 min time frame channel pattern has formed so please don't exit trade some slight up moves comes here and there but our target will be reaching by 3:21 pm.
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still, if anybody needs confirmation look into 1 hr chart there are totally 3 bearish candles it indicates today it is going to reach 34900
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target is going to reach. enjoy chicken dinner.
200 points reached still 100 points for the target.
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