Nifty Analysis/Prediction for Monday 23-05-2022

NIFTY Analysis/Prediction for Monday 23-05-2022

For flat Opening

🟢 Buy CE, If price closes above 16300
👉 Target-1 should be 16400
👉 Target-2 should be 16600
🔴 Buy PE, if price closes Below 16070
👉 Target should be 15700

For Gap-Up Strategy

🟢 Buy CE, If price closes above 16400
👉 Target should be 16600
🔴 Buy PE, if price closes Below 16250
👉 Target should be 16110

For Gap-Down Strategy

🟢 Avoid CE
🔴 Buy PE Near 16050
👉 Target should be 15700

If price sustain below 15700 can see the fall till 15050.

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