NSE:BANKNIFTY Analysis/Prediction for tomorrow 23-12-2022

Nifty Bank Index (NSE:BANKNIFTY)

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NSE:BANKNIFTY Nifty Bank Index

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NIFTY Analysis/Prediction for tomorrow

For flat opening
🟢 Avoid CE
🔴 Buy PE Near 42640 or below 42200
✔️ Target Should be 42200, 41800

For Gap-UP opening
🟢 Avoid CE
🔴 Buy PE Near 42930 or below 42580
✔️ Target Should be 42200, 41800

For Gap Down Opening
Try only PE on every rise.

By CE only if prices sustains above 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.

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