BANKNIFTY
Analysis/Prediction for Expiry 16-06-2022 (Wednesday)
Last 3 Days the price is moving in a range
if its breaks 300 to 400 points momentum can be done.
For Flat/Gap-UP Opening
π’ Buy CE, If price closes above 33560
π Target should be 33970
π΄ Buy PE if price closes below 33250
π Target should be 33030
For Gap-Down Opening
π’ Avoid CE till 1 PM if price in a range
π Target should be 33970
π΄ Buy PE near 33300
π Target should be 33030
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.
Last 3 Days the price is moving in a range
if its breaks 300 to 400 points momentum can be done.
For Flat/Gap-UP Opening
π’ Buy CE, If price closes above 33560
π Target should be 33970
π΄ Buy PE if price closes below 33250
π Target should be 33030
For Gap-Down Opening
π’ Avoid CE till 1 PM if price in a range
π Target should be 33970
π΄ Buy PE near 33300
π Target should be 33030
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.