Nifty opened with a Gap-up above our Buy Level 18320 and we saw rejection in the morning from 18350 zones. Nifty took support around 18200 and showed recovery towards 18320 but price gained faced the rejection and we saw sharp selling in last hour.
Trades we took Today:
> Bought Nifty 18200 CE at 175 which we booked with 20 points loss > Bought Nifty 18150 CE at 175 which we booked with 20 points loss > Bought Nifty 18500 PE at 210 which went above our Last Target 260 and Traders booked profit in this Trade
We took a few trades in Nifty as BN was giving a good move.
Tomorrow, we can see a follow-up downside if Nifty breaks 18080.