Nifty Intraday Trade Setup | 15th December 2021

Nifty opened with a gap-down below our Sell Level 17350 and we saw a sharp fall in the morning towards 17225 zones. We also saw a good recovery from lower levels and Nifty was able to trade above 17350.

Trades we took Today:

> Bought Nifty 17200 CE at 185 which we booked with 20 points loss
> Bought Nifty 17200 CE again at 130 which made a high above 200 and Traders booked great profit in this Trade
> Bought Nifty 17500 PE at 195 which made a high around 225 and Traders booked good profit in this Trade
> Bought Nifty 17250 CE at 155 which made a high around 190 and Traders booked good profit in this Trade

Overall, it was a great day for Nifty Option Buyers.

For tomorrow 17350 is important on the downside.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above - 17380
Sell Below - 17260

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 and 1st Target Done.