Nifty opened with a Gap-up at 17450 and after making a low around 173890 Nifty made a high above 17500 though momentum was slow so not many opportunities for Option Buyers.
Trades we took today -
> Bought Nifty 17600 PE at 140, added more at 125 which we booked at 140 due to slow movement
> Bought Nifty 17500 PE 28th April Expiry at 345, it went above our 3rd Target 390 and Traders booked profit
> Bought Nifty 17400 CE at 138, it went above our 2nd Target 157 and Traders booked profit
> Bought Nifty 17700 PE at 190, it went above our Last Target 240 and Traders booked profit
Overall, it was a great day and Nifty Option Buyers booked a profit.
Tomorrow, if the Nifty sustains above 17520, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Range-bound movement, Volatality after 1:25pm.
Intraday Levels:
Buy Above - 17520
Sell Below - 17400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17600 PE at 140, added more at 125 which we booked at 140 due to slow movement
> Bought Nifty 17500 PE 28th April Expiry at 345, it went above our 3rd Target 390 and Traders booked profit
> Bought Nifty 17400 CE at 138, it went above our 2nd Target 157 and Traders booked profit
> Bought Nifty 17700 PE at 190, it went above our Last Target 240 and Traders booked profit
Overall, it was a great day and Nifty Option Buyers booked a profit.
Tomorrow, if the Nifty sustains above 17520, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Range-bound movement, Volatality after 1:25pm.
Intraday Levels:
Buy Above - 17520
Sell Below - 17400
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.