Nifty opened with a Gap-up at 16856 and made a high around 16950 which was a range for almost till close but Nifty broke this range on the upside and closed above 16950.
Trades we took today -
> Bought Nifty 16900 PE at 125, it went above to our 1st Target 150 and Traders booked profit
> Bought Nifty 17000 PE at 155, it went above to our Last Target 215 and Traders booked profit
> Bought Nifty 16950 PE at 140 which we booked with 2 points loss at 138 due to slow movement
Overall a great day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17020, we may see another up-move but 17000-17100 is psychological resistance so keep booking smaller profits.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17020
Sell Below - 16850
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 16900 PE at 125, it went above to our 1st Target 150 and Traders booked profit
> Bought Nifty 17000 PE at 155, it went above to our Last Target 215 and Traders booked profit
> Bought Nifty 16950 PE at 140 which we booked with 2 points loss at 138 due to slow movement
Overall a great day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17020, we may see another up-move but 17000-17100 is psychological resistance so keep booking smaller profits.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17020
Sell Below - 16850
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.