Nifty Intraday Trade Setup | 11th March

Nifty opened with a gap-up around 16757 and we saw selling in the morning which bought Nifty near to 16600, Nifty was trading in 150 points range which was broken lower side after 1:30 and we saw a good downfall.

Trades we took today -

> Bought Nifty 16800 PE at 95 which we booked at a cost due to slow movement
> Bought Nifty 16500 CE at 40, it went above to our Last Target 90 and Traders booked great profit

Overall, it was a great day and Nifty Option Buyers booked profit.

Tomorrow, if Nifty sustains below 16500, we may see a follow-up upmove.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above - 16630
Sell Below - 16500

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 1st Target Done.