Nifty opened with a gap-up around 16757 and we saw selling in the morning which bought Nifty near to 16600, Nifty was trading in 150 points range which was broken lower side after 1:30 and we saw a good downfall.
Trades we took today -
> Bought Nifty 16800 PE at 95 which we booked at a cost due to slow movement
> Bought Nifty 16500 CE at 40, it went above to our Last Target 90 and Traders booked great profit
Overall, it was a great day and Nifty Option Buyers booked profit.
Tomorrow, if Nifty sustains below 16500, we may see a follow-up upmove.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 16630
Sell Below - 16500
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 16800 PE at 95 which we booked at a cost due to slow movement
> Bought Nifty 16500 CE at 40, it went above to our Last Target 90 and Traders booked great profit
Overall, it was a great day and Nifty Option Buyers booked profit.
Tomorrow, if Nifty sustains below 16500, we may see a follow-up upmove.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 16630
Sell Below - 16500
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached:
Buy Trade Triggered and 1st Target 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.
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.
