InvestPro_India

Nifty Intraday Trade Setup | 20th October 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with Big Gap-up above our Buying level of 18550 and we saw a sharp rejection at 18600 zones.

Trades we took Today:

> Bought Nifty 18650 PE at 120 which made a high above 250 and Traders booked great profit in this Trade.
> Bought Nifty 18450 CE at 125 which we booked at 141 and Traders booked good profit in this Trade too.

Overall, a good day for Nifty Option Buyers.

Tomorrow, we can see a down-move if Nifty breaks and sustains below the 18400 level.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 18500
Sell Below - 18400

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

Happy Trading!
InvestPro India Team

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.