Nifty opened with a Gap-down below our Sell Level 16960 and Nifty made a low around 16840 in the morning. We saw great recovery from lower levels and Nifty closed at 17086.
Trades we took Today:
> Bought Nifty 17050 PE at 180 which made a high above 220 and Traders booked great profit in this Trade
> Bought Nifty 17100 PE at 200 which we booked with 20 points loss
> Bought Nifty 16900 CE at 185 which made a high above 235 and Traders booked great profit in this Trade
> Bought Nifty 17200 PE at 185 which we booked with 20 points profit
> Bought Nifty 16950 CE at 200 which we booked with 10 points loss due to choppy movement
Overall, a good day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 120 we may see an follow-up upmove
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17120
Sell Below - 17000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17050 PE at 180 which made a high above 220 and Traders booked great profit in this Trade
> Bought Nifty 17100 PE at 200 which we booked with 20 points loss
> Bought Nifty 16900 CE at 185 which made a high above 235 and Traders booked great profit in this Trade
> Bought Nifty 17200 PE at 185 which we booked with 20 points profit
> Bought Nifty 16950 CE at 200 which we booked with 10 points loss due to choppy movement
Overall, a good day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 120 we may see an follow-up upmove
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17120
Sell Below - 17000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
הערה:
Gap-up Opening, No Trade as per Trade Set-up.
