Nifty Analysis/Prediction for Tomorrow 01-06-2022

NIFTY Analysis/Prediction for Tomorrow 01-06-2022

For flat/Gap-Up Opening

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

🔴 Buy PE, if price closes Below 16500
👉 Target should be 16410

For Gap-Down Opening Below 16500

🟢 Avoid CE

🔴 Buy PE, Near 16500
👉 Target should be 16380


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