Nifty Intraday Trade Setup | 28th January 2022

Nifty opened with a Gap-down near 17000 and after making low at 16866 we saw a great recovery and Nifty went above 17180.

Trades we took Today:

> Bought Nifty 16900 PE at 285 which we booked with 20 points loss
> Bought Nifty 17050 CE at 230 which went above our 2nd Target 270 and Traders booked good profit in this Trade
> Bought Nifty 16900 PE at 220 which we booked with 20 points loss
> Bought Nifty 17100 CE at 245 which went above our Last Target 286 and Traders booked great profit in this Trade

Overall, mixed day for Nifty Option Buyers.

Tomorrow, if Nifty sustains above 17180 we may see an upmove.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17180
Sell Below - 17050

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

Happy Trading!
InvestPro India Team

Order cancelled:

Gap-up opening, no trade as per set-up.