NSE:BANKNIFTY Analysis/Prediction for Monday 26-12-2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat/Gap-UP opening
🟢 Avoid CE
🔴 Buy PE Near 41960
✔️ Target Should be 41600, 41300

For Gap Down Opening
🟢 Avoid CE
🔴 Buy PE Near 41500
✔️ Target Should be 41000, 40800

Buy CE only if one hour candle closes above 42000


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.

Commentaire:

almost railed 600 points after 1 hour candle closing above 42000