Nifty opened with Gap-up above 17500 and we saw selling in the morning, Nifty took support near our Sell Level 17390 and again went towards day high.
Trades we took Today:
> Bought Nifty 16th Dec 17300 CE at 230 which made a high around 280 and Traders booked great profit in this Trade
> Bought Nifty 16th Dec 17700 PE at 260 which we booked with 15 points loss
> Bought Nifty 17500 CE at 35 which made a high around 52
Overall, it was a choppy day and not much for Nifty Option Buyers.
Tomorrow if Nifty sustains above 17550, we may see 40-60 points fast upmove in the morning but 17600 is the rejection zone so be cautious.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17550
Sell Below - 17440
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 16th Dec 17300 CE at 230 which made a high around 280 and Traders booked great profit in this Trade
> Bought Nifty 16th Dec 17700 PE at 260 which we booked with 15 points loss
> Bought Nifty 17500 CE at 35 which made a high around 52
Overall, it was a choppy day and not much for Nifty Option Buyers.
Tomorrow if Nifty sustains above 17550, we may see 40-60 points fast upmove in the morning but 17600 is the rejection zone so be cautious.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17550
Sell Below - 17440
To motivate me, 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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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.