Nifty Analysis/Prediction for Expiry 16-06-2022 (Wednesday)

15 Jun 2022

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.