Nifty opened with a Gap-up above our Buy Level 16800 and faced resistance in the 16900 zones which brought Nifty near to 16820 and Nifty went high from that level.
Trades we took Today:
> Bought Nifty 17050 PE at 170 which made a high above 220 and Traders booked great profit in this Trade
> Bought Nifty 16700 CE at 205 which we booked with 25 points loss
Overall, Nifty Option Buyers booked profit on such a choppy day.
Tomorrow, if Nifty sustains above phycological level 17000 we can see a short-covering upmove.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17000
Sell Below - 16880
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17050 PE at 170 which made a high above 220 and Traders booked great profit in this Trade
> Bought Nifty 16700 CE at 205 which we booked with 25 points loss
Overall, Nifty Option Buyers booked profit on such a choppy day.
Tomorrow, if Nifty sustains above phycological level 17000 we can see a short-covering upmove.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17000
Sell Below - 16880
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Gap-up Opening and no Trade as per Set-up.
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.