Bank Nifty Analysis/Prediction for 17-05-2022 (Tuesday)

BANKNIFTY

For flat Opening

🟢 Buy CE, if price closes above 33810
👉 Target will be 34100
🔴 Buy PE, if price closes below 33600
👉 Target will be 33350

For Gap-Up Strategy

🟢 Buy CE, if price closes above 33810
👉 Target will be 34100
🔴 Buy PE, if price closes below 33600
👉 Target will be 33350

For Gap-Down Strategy

🟢 Avoid CE
🔴 Buy PE, Buy PE, if price closes below 33350
👉 Target will be 33000