Nifty Expiry Trade Setup | 27th January 2022

Nifty opened with a Gap-down, made a low around 16830 in the first 15 mins, showed great recovery from lower levels and touched 17300 by day close.

Trades we took Today:

> Bought Nifty 17000 CE at 195 and added more at 175 which we booked at 200 due to slow movement
> Bought Nifty 17250 PE at 210 which we booked with 20 points loss
> Bought Nifty 17050 CE at 195, it made high above our Last Target 250 and Traders booked great profit in this Trade

Overall, a good day for Nifty Option Buyers.

Tomorrow, if Nifty sustains above 17300 we may see an upmove.

Expectations for Tomorrow: Range-bound Day, Volatality after 1:00.

Intraday Levels:
Buy Above - 17300
Sell Below - 17180

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

Happy Trading!
InvestPro India Team

Ordine annullato:

Gap-down opening, no trade as per set-up.