Nifty opened with a Gap-up around 17930 and we saw a follow-up move towards 17980 which was a resistance, we saw some selling but took support at morning low, broke the psychological resistance 18000 in the second half and closed above that.
Trades we took Today:
> Bought Nifty 17800 CE at 190 which we booked with 20 points loss
> Bought Nifty 17900 PE Jan Expiry at 230 which we booked with 30 points loss
> Bought Nifty 18000 PE 140 which went above our 1st Target and Traders booked profit in this Trade
> Bought Nifty 17900 PE Jan Expiry again at 195 which we booked with 10 points profit
Overall, it was a choppy day for Nifty Option Buyers.
Tomorrow, we can see an upmove once Nifty sustains above 18020.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 18020
Sell Below - 17950
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17800 CE at 190 which we booked with 20 points loss
> Bought Nifty 17900 PE Jan Expiry at 230 which we booked with 30 points loss
> Bought Nifty 18000 PE 140 which went above our 1st Target and Traders booked profit in this Trade
> Bought Nifty 17900 PE Jan Expiry again at 195 which we booked with 10 points profit
Overall, it was a choppy day for Nifty Option Buyers.
Tomorrow, we can see an upmove once Nifty sustains above 18020.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 18020
Sell Below - 17950
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
עסקה סגורה: היעד הושג:
Buy Trade Triggered and 1st Target Done.
