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InvestPro_India
Jan 20, 2022 2:07 PM

Nifty Intraday Trade Setup | 21st January 2022 

Nifty 50 IndexNSE

Description

Nifty opened flat today and we saw selling in the morning, Nifty broke 17880 which was our selling level and we saw good 100 points fall from that zone.

Trades we took Today:

> Bought Nifty 17850 CE at 195 which we booked with 10 points loss
> Bought Nifty 18000 PE at 195 which went above our Last Target 245 and Traders booked profit in this Trade
> Bought Nifty 18000 PE again at 255 which went above our Last Target 310 and Traders booked profit in this Trade

Overall, a good day for Nifty Option Buyers.

Tomorrow, we can see an upmove if Nifty sustains above 17800.

Expectations for Tomorrow: Trend day.

Intraday Levels:
Buy Above - 17800
Sell Below - 17700

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Order cancelled

Gap-down opening, no trade as per set-up.
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