Nifty Intraday Trade Setup | 17th September 2021

Nifty opened with a gap-up above yesterday high 17540 and after some consolidation, we saw a good up-move. We bought 17450 CE at 90 which made a high around 190 and Traders booked great profit in this Trade. We can again see an up-move tomorrow if it sustains above 17650 but 17650 - 17700 would act as a resistance zone so be cautious in this zone.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 17650
Sell Below - 17560

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Happy Trading!
InvestPro India Team