Nifty opened with a Gap-down, we saw rejection around 17300 zones and Nifty made a low at 17074. For day low, Nifty showed a great recovery of almost 200 points.
Trades we took Today:
> Bought Nifty 17100 CE at 225 which we booked with 20 points loss
> Bought Nifty 17350 PE at 175, it made high at above our Last Target 218 and Traders booked great profit
> Bought Nifty 17350 PE again at 195, it made high at above our 3rd Target 250 and Traders booked great profit
Overall, it was a great day and Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17300 we may see an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17300
Sell Below - 17200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17100 CE at 225 which we booked with 20 points loss
> Bought Nifty 17350 PE at 175, it made high at above our Last Target 218 and Traders booked great profit
> Bought Nifty 17350 PE again at 195, it made high at above our 3rd Target 250 and Traders booked great profit
Overall, it was a great day and Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17300 we may see an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17300
Sell Below - 17200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Kommentera:
Gap-up opening, no trade as per set-up.
