NSE:BANKNIFTY Analysis/Prediction for tomorrow 04-10-2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat/ Gap-UP Opening
🟢 Buy CE above 38150
✔️ Target Should be 38290, 38440
🔴 Buy PE below 37970
✔️ Target Should be 37850, 37660

For Gap-Down Opening
🟢 Buy CE above 38050
✔️ Target Should be 38150, 38280
🔴 Buy PE near 38000
✔️ Target Should be 38650


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.