Nifty Analysis/Prediction for Monday 30-05-2022

29 May 2022

NIFTY Analysis/Prediction for Monday 30-05-2022

For flat Opening

🟢 Buy CE, If price closes above 16400 or Near 16300
👉 Target should be 16480

🔴 Buy PE, if price closes Below 16280
👉 Target should be 16220


For Gap-UP Opening Above 16200

🟢 Buy CE, Near 16350
👉 Target should be 16480

🔴 Buy PE, near 16500 (with less QTY)
👉 Target should be 16420


for Gap-Down Below

🟢 Buy CE, If price closes above 16355
👉 Target should be 16480

🔴 Buy PE, if price closes Below 16280
👉 Target should be 16220


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