Nifty opened with a gap-down near 17590 and Nifty made a low below 17450 which acted as a support zone and we saw 150 points bounce from lower levels.
Trades we took today -
> Bought Nifty 17700 PE at 160, it went above our 3rd Target of 194 and Traders booked profit
> Bought Nifty 17450 CE at 120 which we booked with 20 points loss
> Bought Nifty 17650 PE at 170 which we booked with 20 points loss
Overall, it was a range-bound market and not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains above 17600, we may see an up-move.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17600
Sell Below - 17450
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17700 PE at 160, it went above our 3rd Target of 194 and Traders booked profit
> Bought Nifty 17450 CE at 120 which we booked with 20 points loss
> Bought Nifty 17650 PE at 170 which we booked with 20 points loss
Overall, it was a range-bound market and not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains above 17600, we may see an up-move.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17600
Sell Below - 17450
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Ordine annullato
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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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.