Nifty Expiry Trade Setup | 30th September 2021

29 בספט׳ 2021

As SGX Nifty was indicating, Today Nifty opened with a big Gap-down near 17650 and went down towards yesterday's low levels. Nifty took support at 17608 and after few attempts, Nifty Broke the resistance of 17700 and made a high of 17781. We bought Nifty 17750 PE at 120 in the morning which went to 167 and Traders booked good profit in this trade. We also bought 17550 CE around 135 which made a high of 250 and Traders booked great profit in this Trade too. Overall, it was a wonderful day for Option buyers.

Nifty closed near the support zone of 17700 and tomorrow we can see a down-move if Nifty breaks the 17680 level in the morning.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17780
Sell Below - 17680

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Happy Trading!
InvestPro India Team