Nifty Analysis/Prediction for first expiry of June(02-06-2022)NSE: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.
Niftyoptionbuying
Nifty Daily Levels Update For Option Day TradingHow to know Nifty is bullish or bearish?
Buy ATM Call Option - If Nifty sustain above - 16040
STOP-LOSS - After taking Trade if any 30 min. Candle Closes Below 16000
TARGET- 16240
Buy ATM Put Option - Below 16000 ( Nfty Support )
STOP-LOSS - After taking Trade if any 30 min. Candle Closes Above 16040
TARGET- 15740, 15450
For More Details Search in Google - Nifty levels by Manoj Shinde 27485