TheTechNifty

Nifty Analysis/Prediction for Tomorrow 07-06-2022

NSE:NIFTY   Nifty 50 Index
NIFTY Analysis/Prediction for Tomorrow 07-06-2022

For Flat Opening
🟒 Buy CE, If price closes above 16610
πŸ‘‰ Target should be 16710
πŸ”΄ Buy PE, If price closes Below 16550
πŸ‘‰ Target should be 16450

For Gap-up Opening (up to 100 Points)
🟒 Buy CE, Near 16580
πŸ‘‰ Target should be 16710
πŸ”΄ Buy PE, If price closes Below 16550
πŸ‘‰ Target should be 16500

For Gap-Down Opening (up to 100 Points)
🟒 Buy CE, If price closes above 16600
πŸ‘‰ Target should be 16710
πŸ”΄ Buy PE, near 16570
πŸ‘‰ Target should be 16450

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


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