bank nifty raising wedge target 34900

today end of session bank nifty formed raising wedge in 15 min time frame.
today's bank nifty close: 35131

if the gap up by 100 points bank nifty will be starting at 35231

so tomorrow maximum market seems likely to open in gap up by 100 points
if the market open gap up by 100 points then it satisfies raising wedge then it will surely fall from 35231 to 34900
target is 34900
net profit is: 300 points
so buy the 35200 PE option.

if the gap down by 100 points bank nifty will be starting at 35031
if the market open gap down by 100 points then also satisfies bearish divergence then it will surely fall from 35031 to 34900
target is 34900
net profit is: 100 points
so buy the 35000 PE option in case gap-down.

Dagangan aktif:

I am able to see strong red candles in 5 min time frame
channel pattern has formed so please don't exit trade some slight up moves comes here and there but our target will be reaching by 3:21 pm.

Dagangan aktif:

still, if anybody needs confirmation look into 1 hr chart
there are totally 3 bearish candles it indicates today it is going to reach 34900

Dagangan aktif:

target is going to reach.
enjoy chicken dinner.

200 points reached still 100 points for the target.

Dagangan ditutup: sasaran tercapai:

enjoy target reached

Dagangan ditutup: sasaran tercapai:

target reached at 12:11 pm in 1 min time frame