Nifty Bank Analysis/Prediction for Monday 30-05-2022

BANKNIFTY Analysis/Prediction for Monday 30-05-2022

For flat Opening

🟢 Buy CE, If price closes above 35710 or Near 35500
👉 Target-1 should be 36000
👉 Target-2 should be 36200

🔴 Buy PE, if price closes Below 35480
👉 Target should be 35230

For Gap-UP Opening

🟢 Buy CE, Near 35700
👉 Target-1 should be 36000
👉 Target-2 should be 36200

🔴 Buy PE, if price closes Below 35600
👉 Target-1 should be 35500
👉 Target-2 should be 35250

For Gap-Down Opening

🟢 Buy CE, If price closes above 35620
👉 Target-1 should be 36000
👉 Target-2 should be 36200

🔴 Buy PE, near 35500
👉 Target should be 35230


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