Nifty Intraday Trade Setup | 18th January 2022
Nifty opened flat today and it was trading in the small range throughout the day.
Trades we took Today:
> Bought Nifty 18150 CE at 180 which went above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE at 185 which we above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE again at 175 which we booked at a cost due to slow movement
Overall, Nifty Option Buyers booked some profit on a choppy day.
18350 - 18400 would act as resistance for Nifty so keep qty small on Buy Side.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 18320
Sell Below - 18240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 18150 CE at 180 which went above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE at 185 which we above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE again at 175 which we booked at a cost due to slow movement
Overall, Nifty Option Buyers booked some profit on a choppy day.
18350 - 18400 would act as resistance for Nifty so keep qty small on Buy Side.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 18320
Sell Below - 18240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade stängt: målet nått:
Sell Trade Triggered and 1st Target Done.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
