Nifty Analysis/Prediction for first expiry of June(02-06-2022)

Jun 1, 2022

NIFTY Analysis/Prediction for first expiry of June(02-06-2022)

For flat Opening

🟢 Buy CE, If price closes above 16560
👉 Target should be 16670
🔴 Avoid PE

For Gap-Up Opening

🟢 Buy CE, Near 16520
👉 Target should be 16670
🔴 Avoid PE

For Gap-Down Opening (Below 16480)

🟢 Avoid CE
🔴 Buy PE, Near 16500
👉 Target should be 16370

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