Nifty opened flat and after making a low at 17219, Nifty showed a good recovery towards 17380 zones but we saw a rejection in last hours and Nifty came down below 17300.
Trades we took Today:
> Bought Nifty 17200 PE at 165, It made high above our 2nd Target 198 and Traders booked good profit
> Bought Nifty 17250 CE at 225, It made high above our 2nd Target 265 and Traders booked good profit in this Trade
Overall, a great day for Nifty Option Buyers.
Tomorrow, if Nifty sustains below 17200, we may see a down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17360
Sell Below - 17200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team