Nifty opened with a gap-down today and we saw selling in the morning which bought Nifty near to 15760. After consolidation, we saw buying in Nifty that gave us the opportunity to buy above 15820 and went to 15877.
For tomorrow, we would be looking to sell near the 15900 zones, if we see the breakout don't carry PE Or buy CE near the 15800 zones if we see a bullish pattern. In both the conditions, option buyers can get 100-300% profit.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 15900
Sell Below - 15800
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Happy Trading!
InvestPro India Team