InvestPro_India

Nifty Expiry Trade Setup | 13th January 2022

NSE:NIFTY   Nifty 50 Index
Nifty opened with a Gap-up around 18170 and after consolidation for some time, it broke 18200 on the upside. It was a range-bound day so not much opportunity for Option Buyers.

Trades we took Today:

> Bought Nifty 17950 CE at 220 which went above our last Target 265 and Traders booked great profit in this Trade
> Bought Nifty 18000 CE at 190 which went above our 3rd Target 230 and Traders booked good profit in this Trade
> Bought Nifty 18100 PE at 29 as HeroZero which we booked with 10 points loss

Overall, Nifty Option Buyers booked profit on Range-bound day.

We may see some profit tomorrow if Nifty breaks 18120 on the downside.

Expectations for Tomorrow: Range-bound Day, Volatality after 12:30 PM.

Intraday Levels:
Buy Above - 18250
Sell Below - 18120

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

Happy Trading!
InvestPro India Team
Trade closed: stop reached: Buy Trade Triggered and SL Hit.

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