NSE:BANKNIFTY Analysis/Prediction for expiry 15-12-2022

BANKNIFTY Analysis/Prediction for tomorrow

For Flat/Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE below 43950
✔️ Target Should be 43550

For Gap-UP Opening (Above 44200)
🟢 Buy CE only if market sustains at least 15 min.
✔️ Target Should be 44480
🔴 Buy PE below 43950
✔️ Target Should be 43550

📊 Buy next expiry Option.

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.