Nifty Intraday Trade Setup | 9th March
Updated
Nifty opened with a gap-down around 15750 and made high near 15890 but we again saw the rejection and Nifty made a new low of 15671 but Nifty gave a great upmove in last hours and went above 16000.
Trades we took today -
> Bought BankNifty 15800 PE at 205 which we booked with 15 points loss
> Bought BankNifty 15800 PE again at 235, it went above to our 1st Target 255 and Traders booked profit
As Nifty was moving in a small range we did took only these 2 Trades.
Tomorrow, if Nifty sustains above 16050, we may see an upmove towards 16100 and above.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16050
Sell Below - 15940
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 15800 PE at 205 which we booked with 15 points loss
> Bought BankNifty 15800 PE again at 235, it went above to our 1st Target 255 and Traders booked profit
As Nifty was moving in a small range we did took only these 2 Trades.
Tomorrow, if Nifty sustains above 16050, we may see an upmove towards 16100 and above.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16050
Sell Below - 15940
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Buy Trade Triggered and All Targets Done.
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