Nifty Analysis for 11 may 2022

NIFTY

For flat Opening

🟢 Avoid CE
🔴 Buy PE, if price closes below 16200
👉 Target will be 16000

For Gap-Up Strategy

🟢 Buy CE, if price closes above 16400
👉 Target 16470
🔴 Buy PE, if price closes below 16240
👉 Target will be 16150

For Gap-Down Strategy

🟢 Avoid CE
🔴 Buy PE, near 16230
👉 Target will be 16030