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Nifty50 Analysis/Prediction for Expiry 09-06-2022 (Thursday)

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NIFTY Analysis/Prediction for Expiry 09-06-2022 (Thursday).

For Flat Opening
🟢 Buy CE if price closes above 16440
👉 Target should be 16550
🔴 Buy PE, near 16415 or if price closes below 16300
👉 Target should be 16230

For Gap-up Opening (up to 100 Points)
🟢 Buy CE if price closes above 16480
👉 Target should be 16600
🔴 Buy PE, If price closes Below 16350
👉 Target should be 16230

For Gap-Down Opening (up to 100 Points)
🟢 Avoid CE till 1 PM
👉 Target should be 16500
🔴 Buy PE, near 16350
👉 Target should be 16230

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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