Nifty opened with a small gap-up at 17522 and after making a low around 17485 Nifty made a high above 17560 but it couldn't sustain at upper levels and we saw selling which bought Nifty near to 17450.
Trades we took today -
> Bought Nifty 17700 PE at 165, it went above our 3rd Target 210 and Traders booked profit
> Bought Nifty 17700 PE at 150, it went above our last Target 200 and Traders booked profit
Due to slow momentum, we took only 2 trades but overall it was a great expiry.
Tomorrow, if the Nifty sustains above 17500, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17500
Sell Below - 17420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17700 PE at 165, it went above our 3rd Target 210 and Traders booked profit
> Bought Nifty 17700 PE at 150, it went above our last Target 200 and Traders booked profit
Due to slow momentum, we took only 2 trades but overall it was a great expiry.
Tomorrow, if the Nifty sustains above 17500, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17500
Sell Below - 17420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription Plans: investproindia.in/subscription
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.
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.
