Nifty opened with a Gap-up above our Buy level 17800 and we saw good upmove in the morning towards the 17900 zones. That was a resistance zone, we took a short position at the top and booked at 17720.
Trades we took Today:
> Bought Nifty 17900 PE at 175 which we booked with 20 points loss > Bought Nifty 17900 PE Jan Expiry at 265 and added more at 240 which made a high around 350 and Traders booked great profit in this Trade
Overall, it was a great day for Nifty Option Buyers.
Tomorrow, we can see a down-move once Nifty breaks the yellow support line on the downside.
Awesome levels!!