Nifty opened with a gap-down around 17077 and after making a high around 17110 we saw selling and Nifty made a low near to 16960 which acted as support for the day and Nifty was able to close above 17000.
Trades we took today -
> Bought Nifty 17000 CE at 115 which we booked at a cost due to slow movement
Overall, it was a volatile session as per expectations.
Tomorrow, if the Nifty breaks 17110 on the upside, expect an upmove but don't expect a trending move and keep booking smaller profits.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above - 17110
Sell Below - 17000
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17000 CE at 115 which we booked at a cost due to slow movement
Overall, it was a volatile session as per expectations.
Tomorrow, if the Nifty breaks 17110 on the upside, expect an upmove but don't expect a trending move and keep booking smaller profits.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above - 17110
Sell Below - 17000
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.
