Nifty opened flat today, went down to our Sell Level 17150, and bounced back strongly from lower levels. Nifty was still trading in the same range throughout the day.
Trades we took Today:
> Bought Nifty 17350 PE 6th Jan at 185 in which we booked 20 points profit > Bought Nifty 17350 PE 6th Jan again at 185 which we booked at a cost due to choppy movement
Another choppy day for Nifty Option Buyers.
Nifty is trading in a small range for the last 3 sessions, we would see a trending move once Nifty breaks the Buy or Sell Level.