Nifty Intraday Trade Setup | 21st March
Updated
Nifty opened with a Gap-up around 17200 and after making a low at 17175, Nifty gave a good rally towards 17340.
Trades we took today -
> Bought Nifty 17300 PE at 115, it went above to our 1st Target 135 and Traders booked profit
> Bought Nifty 17100 CE at 115, it went above to our Last Target 156 and Traders booked profit
> Bought Nifty 17400 PE 24th Mar at 250 which we booked around cost due to slow movement
Overall Nifty Option Buyers booked some profit on a choppy expiry day.
Tomorrow, if Nifty sustains above 17350, we may see another up-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17350
Sell Below - 17240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17300 PE at 115, it went above to our 1st Target 135 and Traders booked profit
> Bought Nifty 17100 CE at 115, it went above to our Last Target 156 and Traders booked profit
> Bought Nifty 17400 PE 24th Mar at 250 which we booked around cost due to slow movement
Overall Nifty Option Buyers booked some profit on a choppy expiry day.
Tomorrow, if Nifty sustains above 17350, we may see another up-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17350
Sell Below - 17240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered and All Targets Done.
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