BANKNIFTY
Analysis/Prediction for tomorrow 05-07-2022 For Flat Opening
🟢 Buy CE above 34000
🏆 Target will be 34300, 34500
🔴Buy PE below 33660
🏆 Target will be 33300
For Gap-Up Opening up to 100 points
🟢 Buy CE near 33970
🏆 Target will be 34300, 34500
🔴Avoid PE
For Gap-Down Opening above 33730
🟢 Buy CE above 34000
🏆 Target will be 34300, 34500
🔴 Avoid PE
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.