Nifty Intraday Trade Setup | 26th April

2022年4月25日

Nifty opened with a gap-down around 17010 and after making a high around 17050 we saw selling which brought Nifty around 16900 and Nifty was trading in 150 points range 17050 - 16900.

Trades we took today -

> Bought Nifty 17150 PE at 230, it went above our 1st Target 260 and Traders booked profit
> Bought Nifty 17100 PE at 220, it went above our Last Target 250 and Traders booked profit
> Bought Nifty 16900 CE at 155 which we booked at cost

Overall, it was a range-bound day and Nifty Option Buyers booked good profit.

Tomorrow, if the Nifty breaks 17060 on the upside, we may a reversal move.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above - 17060
Sell Below - 16880

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

2022年4月26日

交易结束：到达目标

Buying Trade Triggered, Tested the Buy level and went up.