Nifty Analysis/Prediction for Thursday Expiry 12-05-2022

NIFTY

For flat Opening

🟢 Buy CE, if price closes above 16230
👉 Target will be 16370
🔴 Buy PE, if price closes below 16085
👉 Target will be 15870

For Gap-Up Strategy (Above 16225)

🟢 Buy CE, Near 16170
👉 Target 16470
🔴 Buy PE, if price closes below 16170
👉 Target will be 16030

For Gap-Down Strategy

🟢 Avoid CE
🔴 Buy PE, near 16085 or if price closes below 16085
👉 Target will be 15870