Nifty opened with a small Gap-up around 16650 and after making a low around 16600 we saw a good rally towards 16880 zones and Nifty closed near day high.
Trades we took today -
> Bought Nifty 16700 PE at 215, it went above to our 1st Target 235 and Traders booked profit
> Bought Nifty 16700 PE at 175 which we booked with 20 points loss
As BankNifty was looking stronger we did take only 2 Trades in Nifty.
Tomorrow, if Nifty sustains above 16900, we may see another upmove but be cautious near 17000 as it is s psychological resistance.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 16900
Sell Below - 16760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 16700 PE at 215, it went above to our 1st Target 235 and Traders booked profit
> Bought Nifty 16700 PE at 175 which we booked with 20 points loss
As BankNifty was looking stronger we did take only 2 Trades in Nifty.
Tomorrow, if Nifty sustains above 16900, we may see another upmove but be cautious near 17000 as it is s psychological resistance.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 16900
Sell Below - 16760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade chiuso: obiettivo raggiunto
Sell Trade Triggered and All Targets Done.
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.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
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.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.