InvestPro_India

Nifty Intraday Trade Setup | 22th November 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened flat around 17895, Nifty faced resistance near our Buying Level 17940 and we saw sharp selling from morning high.

Trades we took Today:

> Bought Nifty 17900 PE at 70 which made a high above 200 and Traders booked great profit in this Trade
> Bought Nifty 17800 PE Nov Expiry at 120 which we booked with 25 points profit

Overall Great Weekly Expiry for Nifty Option Buyers.

We can see a fast down move if Nifty breaks 17730 on the downside tomorrow.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17800
Sell Below - 17730

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

Happy Trading!
InvestPro India Team
Trade closed: target reached: Sell Trade Triggered & All Targets Done.

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.