Nifty opened flat today, we saw some selling but yesterday low acted as support, we saw a great recovery, and Nifty closed above psychological resistance 17500.
Trades we took Today:
> Bought Nifty 17600 PE at 170 which made a high above 240 and Traders booked great profit in this Trade
> Bought Nifty 17600 PE Dec Expiry at 330 which we booked with 5 points loss
> Bought Nifty 17400 CE 2ND Dec at 200 which we booked at a cost due to choppy movement
Overall Good Day for Nifty Option Buyers and Traders booked Great profit in Morning Trade Only.
Tomorrow we can see an up-move if Nifty sustains above 17560 but 17600-17630 is resistance zone so book profit quickly.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17560
Sell Below - 17450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17600 PE at 170 which made a high above 240 and Traders booked great profit in this Trade
> Bought Nifty 17600 PE Dec Expiry at 330 which we booked with 5 points loss
> Bought Nifty 17400 CE 2ND Dec at 200 which we booked at a cost due to choppy movement
Overall Good Day for Nifty Option Buyers and Traders booked Great profit in Morning Trade Only.
Tomorrow we can see an up-move if Nifty sustains above 17560 but 17600-17630 is resistance zone so book profit quickly.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17560
Sell Below - 17450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Gap-down Opening. No Trade as per set-up Today.
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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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.