Nifty Analysis/Prediction for tomorrow 10-06-2022

Jun 9, 2022

NIFTY Analysis/Prediction for tomorrow 10-06-2022

For Flat Opening
🟢 Buy CE if price closes above 16500
👉 Target should be 16610
🔴 Avoid PE

For Gap-up Opening (upto 50 Points)
🟢 Buy CE near 16480
👉 Target should be 16610
🔴 Avoid PE

For Gap-Down Opening (up to 16430)
🟢 Buy CE if price closes above 16480
👉 Target should be 16610
🔴 Buy PE, if price closes below 16350
👉 Target should be 16230

Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.