Nifty opened with a big Gap-down and we saw follow-up selling towards 16910 zones which acted as a support for some time but Nifty broke this around 2'clock and closed near day low.
Trades we took Today:
> Bought Nifty 17100 PE at 240, it made high at above our 2nd Target 275 and Traders booked profit
> Bought Nifty 17100 PE again at 220 which we booked with minor loss at 210 due to slow movement
> Bought Nifty 17100 PE again at 235, it made high around 340 against our Last Target 285 and Traders booked profit. We asked Traders to hold some qty and trail SL which gave insane profit.
Overall, great day and Nifty Option Buyers booked great profit.
Tomorrow, if Nifty breaks and sustains below 16780 we may see a further down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16910
Sell Below - 16780
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17100 PE at 240, it made high at above our 2nd Target 275 and Traders booked profit
> Bought Nifty 17100 PE again at 220 which we booked with minor loss at 210 due to slow movement
> Bought Nifty 17100 PE again at 235, it made high around 340 against our Last Target 285 and Traders booked profit. We asked Traders to hold some qty and trail SL which gave insane profit.
Overall, great day and Nifty Option Buyers booked great profit.
Tomorrow, if Nifty breaks and sustains below 16780 we may see a further down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16910
Sell Below - 16780
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade chiuso: obiettivo raggiunto:
Buy Trade Triggered and All Targets Done.
