Nifty Expiry Trade Setup | 30th December 2021
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Nifty opened flat, went down towards 17180 in the morning and we saw a good recovery from lower levels but Nifty couldn't sustain at upper levels too. Nifty was trading in a range throughout the day.
Trades we took Today:
> Bought Nifty 17450 PE at 210 which we booked with 20 points profit
> Bought Nifty 17050 CE at 215 which made a high above 245 and Traders booked good profit in this Trade
> Bought Nifty 17500 PE at 230 which made a high above 280 and Traders booked great profit in this Trade
> Bought Nifty 17000 CE 6th Jan at 315 which we booked with a small profit due to choppy movement
Overall, It was a choppy day but Nifty Option Buyers made a good profit.
Nifty is trading in a small range for the last 2 sessions, we would see a trending move once Nifty breaks the Buy or Sell Level.
Expectations for Tomorrow: Range-bound Day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 17300
Sell Below - 17150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17450 PE at 210 which we booked with 20 points profit
> Bought Nifty 17050 CE at 215 which made a high above 245 and Traders booked good profit in this Trade
> Bought Nifty 17500 PE at 230 which made a high above 280 and Traders booked great profit in this Trade
> Bought Nifty 17000 CE 6th Jan at 315 which we booked with a small profit due to choppy movement
Overall, It was a choppy day but Nifty Option Buyers made a good profit.
Nifty is trading in a small range for the last 2 sessions, we would see a trending move once Nifty breaks the Buy or Sell Level.
Expectations for Tomorrow: Range-bound Day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 17300
Sell Below - 17150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
No Trade as per Set-up.
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