Nifty opened with a minor gap-up above our Buy Level of 17250 and after consolidation, it moved towards our first target 17295. As analyzed it was a volatile day, we bought 17300 PE twice but booked with minor profit.
For tomorrow, we can again see an up-move above 17350 but Buyers need to be cautious at upper levels as Nifty is overbought.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17350
Sell Below - 17200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, we can again see an up-move above 17350 but Buyers need to be cautious at upper levels as Nifty is overbought.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17350
Sell Below - 17200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Comment:
1st Target done on buying side.
