BANKNIFTY Analysis/Prediction for Tomorrow 12-07-2022

Jul 12, 2022

BANKNIFTY Analysis/Prediction for Tomorrow

Market is in confusing state, may be worst day for options buyer tomorrow.
Try to avoid trading or trade with one Lot.

🟢 Buy CE above 35510
✔️ Target Should Be 36000
🔴 Buy PE below 34780
✔️ Target Should Be 34562, 34356

Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 200 points wait for pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like: Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.