Nifty Intraday Trade Setup | 8th December 2021
Updated
Nifty opened with Gap-up above 17000 level and after re-testing our Buy Level 17000 which was also a psychological resistance we saw a good Trending Day on the upside.
Trades we took Today:
> Bought Nifty 17150 PE at 160 which we made a high above 200 and Traders booked good profit in this Trade
> Bought Nifty 17100 CE at 160 which we made a high above 210 and Traders booked good profit in this Trade
Overall, Great day for Nifty Option Buyers.
We can see an upmove if Nifty sustains above 17250 tomorrow.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17120
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17150 PE at 160 which we made a high above 200 and Traders booked good profit in this Trade
> Bought Nifty 17100 CE at 160 which we made a high above 210 and Traders booked good profit in this Trade
Overall, Great day for Nifty Option Buyers.
We can see an upmove if Nifty sustains above 17250 tomorrow.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17120
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
Gap-up Opening, No Trade as per Set-up but we suggested to Buy 17300 CE @ 120 and that gave great profit.
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Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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