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

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

Last 3 Days the price is moving in a range
if its breaks 300 to 400 points momentum can be done.

For Flat/Gap-UP Opening
🟢 Buy CE, If price closes above 33560
👉 Target should be 33970
🔴 Buy PE if price closes below 33250
👉 Target should be 33030

For Gap-Down Opening
🟢 Avoid CE till 1 PM if price in a range
👉 Target should be 33970
🔴 Buy PE near 33300
👉 Target should be 33030


Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.