Nifty 50 IndexUpdated Nifty Intraday Trade Setup | 18th January 2022
Nifty opened flat today and it was trading in the small range throughout the day.
Trades we took Today:
> Bought Nifty 18150 CE at 180 which went above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE at 185 which we above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE again at 175 which we booked at a cost due to slow movement
Overall, Nifty Option Buyers booked some profit on a choppy day.
18350 - 18400 would act as resistance for Nifty so keep qty small on Buy Side.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 18320
Sell Below - 18240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 18150 CE at 180 which went above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE at 185 which we above our 2nd Target 210 and Traders booked profit in this Trade
> Bought Nifty 18450 PE again at 175 which we booked at a cost due to slow movement
Overall, Nifty Option Buyers booked some profit on a choppy day.
18350 - 18400 would act as resistance for Nifty so keep qty small on Buy Side.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 18320
Sell Below - 18240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered and 1st Target Done.
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Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.