Nifty Intraday Trade Setup | 24th November 2021

Nifty opened with a gap-down below our Sell Level 17370, made low in the morning at 17216 and we saw a great recovery from lower levels.

Trades we took Today:

> Bought Nifty 17200 CE at 180 which made a high above 350 and Traders booked great profit in this Trade
> Bought Nifty 17300 CE at 200 which we booked with around 40 points profit
> Bought Nifty 17500 PE at 135 which we booked around the cost
> Bought Nifty 2ND Dec Expiry 17400 CE at 190 which made a high above 250 and Traders booked good profit in this Trade

Overall Great Day for Nifty Option Buyers.

Tomorrow, we can see another upmove if Nifty sustains above 17550 but 17600 - 17630 is a resistance zone so be cautious.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17550
Sell Below - 17450

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

Happy Trading!
InvestPro India Team

Trade chiuso: obiettivo raggiunto:

Both Buy and Sell Trade Triggered

1st Target Done on Buying Side
1st and 2nd Targets Done on Sell Side