NSE:BANKNIFTY Analysis/Prediction for tomorrow expiry 12-01-2023

BANKNIFTY Analysis/Prediction for tomorrow

If price opens between 41850-42150
🟢 Buy CE above 42540
✔️ Target Should be, 43000, 42300
🔴 Buy PE below 42000
✔️ Target Should be 41570, 41000

One Side movement can be possible.


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.