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Nifty Bank Index

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

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BANKNIFTY Analysis/Prediction for tomorrow

For Flat Opening
🟢 Buy CE above 42710
✔️ Target Should be 42950
🔴 Avoid PE

For Gap-Down Opening
🟢 Buy CE Above 42600
✔️ Target Should be 42700, 42800
🔴 Buy PE below 42410
✔️ Target Should be 42200

For Gap-UP Opening
🟢 Buy CE Near 42600
✔️ Target Should be 42700, 42800
🔴 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.
TheTechNifty
Also on:
bankniftyanalysisbankniftyoptionbuyingbankniftypredictionbankniftytradesetupTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
bankniftyanalysisbankniftyoptionbuyingbankniftypredictionbankniftytradesetupTrend Analysis
TheTechNifty
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.