Nifty Analysis/Prediction for Tomorrow 31-05-2022

May 30, 2022

NIFTY Analysis/Prediction for Tomorrow 31-05-2022

For flat/Gap-Down Opening

🟢 Buy CE, If price closes above 16700 or Near 16530
👉 Target should be 16780

🔴 Buy PE, if price closes Below 16600
👉 Target should be 16530

For Gap-UP Opening Above 16750

🟢 Avoid CE

🔴 Buy PE, if price closes Below 16660 (with less QTY)
👉 Target should be 16530


Note: wait for the 5-minute candle to close for confirmation.

May 31, 2022

Trade closed: target reached

Profit booked..