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Nifty Analysis/Prediction for Tomorrow 31-05-2022

183
NIFTY Analysis/Prediction for Tomorrow 31-05-2022

For flat/Gap-Down Opening

🟢 Buy CE, If price closes above 16700 or Near 16530
👉 Target should be 16780

🔴 Buy PE, if price closes Below 16600
👉 Target should be 16530

For Gap-UP Opening Above 16750

🟢 Avoid CE

🔴 Buy PE, if price closes Below 16660 (with less QTY)
👉 Target should be 16530


Note: wait for the 5-minute candle to close for confirmation.
Trade closed: target reached
Profit booked..
TheTechNifty
Also on:
NIFTYniftyintradaylevelsniftypredictionniftytradesetupSupport and Resistance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
NIFTYniftyintradaylevelsniftypredictionniftytradesetupSupport and Resistance
TheTechNifty
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.