Nifty Bank Index

NSE:BANKNIFTY Analysis/Prediction for tomorrow 16-12-2022

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BANKNIFTY Analysis/Prediction for tomorrow

For Flat/Gap-UP Opening
🟢 Avoid CE
🔴 Buy PE near 43850
✔️ Target Should be 43500, 43100

For Gap-Down Opening
🟢 Avoid Trading


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.

Penafian

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