NSE:BANKNIFTY Analysis/Prediction for tomorrow 20-12-2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat Opening
🟢 Buy CE above 43455
✔️ Target Should be 43600, 43800
🔴 Buy PE below 43225
✔️ Target Should be 43000

For Gap-UP Opening
🟢 Buy CE near 43400
✔️ Target Should be 43600, 43800
🔴 Avoid PE

For Gap-Down Opening
🟢 Buy CE above 43420
✔️ Target Should be 43600, 43800
🔴 Buy PE below 43225
✔️ Target Should be 43000


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.