Nifty opened with a Gap-up around 17290 and we saw a fall from the open which brought Nifty towards 17080 but that worked as a support and Nifty got bounced towards 17200.
Trades we took today -
> Bought Nifty 17300 CE at 165 which we booked with 10 points loss
> Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost
Overall, it was a choppy day and not good for Option Buyers.
Tomorrow, if Nifty sustains below 17120, we may see a down-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17200
Sell Below - 17120
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17300 CE at 165 which we booked with 10 points loss
> Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost
Overall, it was a choppy day and not good for Option Buyers.
Tomorrow, if Nifty sustains below 17120, we may see a down-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17200
Sell Below - 17120
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, 1st and 2nd Targets Done.
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Whatsapp @8287021744
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
