NIFTY Analysis/Prediction for Expiry 16-06-2022 (Wednesday)
Last 3 Days the price is moving in a very narrow range if its breaks 150 to 200 points momentum can be done.
Try to trade in next week's expiry.
For Flat/Gap-Down Opening 🟢 Avoid CE 1:00 PM 🏆 Target will be 16000 🔴Buy PE if price closes below 15680 🏆 Target will be 15500
For Gap-UP Opening 🟢 Buy CE if price closes above 15780 🏆 Target-1 will be 15860 🏆 Target-2 will be 16000 🔴 Buy PE If price closes below 15690 🏆 Target will be 15500
Note: Wait for the 5-minute candle to close for confirmation. If market opens with big gap, always wait for price action.