Nifty opened with a gap-down around 16257 and we saw a good upmove in the first half which took Nifty towards 16400 but Nifty again faced the rejection and we saw a free fall in the second half.
Trades we took today -
> Bought Nifty 16500 CE May Expiry at 190 which we booked at 225 with 35 points profit
> Bought Nifty 16200 CE at 200 which we booked at 188 with 12 points loss
> Bought Nifty 16350 PE at 175 but booked at a cost due to choppy movement
Overall, Nifty Option buyers booked a small profit.
Tomorrow, if the Nifty breaks 16140 on the downside, we expect to see a down-move but keep small targets as 16000 will act as psychological support.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16270
Sell Below - 16140
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 16500 CE May Expiry at 190 which we booked at 225 with 35 points profit
> Bought Nifty 16200 CE at 200 which we booked at 188 with 12 points loss
> Bought Nifty 16350 PE at 175 but booked at a cost due to choppy movement
Overall, Nifty Option buyers booked a small profit.
Tomorrow, if the Nifty breaks 16140 on the downside, we expect to see a down-move but keep small targets as 16000 will act as psychological support.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16270
Sell Below - 16140
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dagangan ditutup: sasaran tercapai
Sell Trade Triggered, All Targets done.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.