Nifty opened with a gap-down at 16362 and we saw selling since open which bought Nifty at 16100 zones and we saw great bounce towards 16456 from lower levels. We again saw the rejection from upper levels and Nifty fell 200 points from day high.
Trades we took Today:
> Bought Nifty 16300 PE at 280, it went above our 1st Target 300 and Traders booked profit in this Trade
> Bought Nifty 16400 CE at 190 which we booked with 5 points loss
Overall it was an average day.
Tomorrow, if Nifty sustains below 16100 we may have a follow-up down move towards 16000 but as it's psychological support so be cautious in that zone.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16320
Sell Below - 16100
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 16300 PE at 280, it went above our 1st Target 300 and Traders booked profit in this Trade
> Bought Nifty 16400 CE at 190 which we booked with 5 points loss
Overall it was an average day.
Tomorrow, if Nifty sustains below 16100 we may have a follow-up down move towards 16000 but as it's psychological support so be cautious in that zone.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16320
Sell Below - 16100
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Big gap-down opening, no trade as per set-up.
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.
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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.