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Nifty 50 Index

Nifty Analysis/Prediction for Tomorrow 31-05-2022

By TheTechNifty
Updated
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.
Trade closed: target reached
Profit booked..
NIFTYniftyintradaylevelsniftypredictionniftytradesetupSupport and Resistance
TheTechNifty
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