Nifty Expiry Trade Setup | 13th January 2022
Updated
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
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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