Nifty Bank Analysis/Prediction for Tomorrow 31-05-2022

BANKNIFTY Analysis/Prediction for Tomorrow 31-05-2022

For flat/Gap-Up Opening

🟢 Buy CE, If price closes above 36050 or Near 35520
👉 Target-1 should be 36000
👉 Target-2 should be 36200

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

For Gap-Down Opening

🟢 Buy CE, Near 35520
👉 Target-1 should be 36000
👉 Target-2 should be 36200

🔴 Buy PE, if price closes Below 35500
👉 Target should be 35300


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