InvestPro_India

Nifty Expiry Trade Setup | 15th July 2021

NSE:NIFTY   Nifty 50 Index
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

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

Happy Trading!
InvestPro India Team
Comment:
1st Target done on buying side.

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