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.
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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.