Nifty Intraday Trade Setup | 11th October 2021
Nifty opened with a Gap-up above our Buy level 17850 and remained in 100 points range throughout the day.
Trades we took Today:
> Bought Nifty 17850 CE at 130 which we booked at a cost due to morning volatility.
> Bought Nifty 17800 CE at 145 which made a high around 195 and Traders booked great profit in this Trade.
Overall, we booked a good profit in Nifty Options.
For tomorrow, we can see another up-move if the Nifty sustains above 17950 level but rejection from this zone can also be seen to be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17950
Sell Below - 17840
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17850 CE at 130 which we booked at a cost due to morning volatility.
> Bought Nifty 17800 CE at 145 which made a high around 195 and Traders booked great profit in this Trade.
Overall, we booked a good profit in Nifty Options.
For tomorrow, we can see another up-move if the Nifty sustains above 17950 level but rejection from this zone can also be seen to be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17950
Sell Below - 17840
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.