Nifty opened with a Gap-up above our Buy level 17800 and we saw good upmove in the morning towards the 17900 zones. That was a resistance zone, we took a short position at the top and booked at 17720.
Trades we took Today:
> Bought Nifty 17900 PE at 175 which we booked with 20 points loss
> Bought Nifty 17900 PE Jan Expiry at 265 and added more at 240 which made a high around 350 and Traders booked great profit in this Trade
Overall, it was a great day for Nifty Option Buyers.
Tomorrow, we can see a down-move once Nifty breaks the yellow support line on the downside.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17850
Sell Below - 17770
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17900 PE at 175 which we booked with 20 points loss
> Bought Nifty 17900 PE Jan Expiry at 265 and added more at 240 which made a high around 350 and Traders booked great profit in this Trade
Overall, it was a great day for Nifty Option Buyers.
Tomorrow, we can see a down-move once Nifty breaks the yellow support line on the downside.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17850
Sell Below - 17770
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
评论:
Gap-up opening, No trade as per set-up.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
