Nifty Intraday Trade Setup | 27th December 2021

Dec 26, 2021

Nifty opened with a Gap-up around 17160, we saw sharp selling at open, and Nifty made low at 16955.

Trades we took Today:

> Bought Nifty 17100 CE at 125 which we booked with 12-15 points profit
> Bought Nifty 17150 PE at 220 which made a high above 275 and Traders booked great profit in this Trade
> Suggested to Sell Nifty @ 17050 - 17060 and Traders booked easy 70-80 points in this Trade

Overall, a great day for Nifty Option Buyers.

Tomorrow, if Nifty sustains below 16960 we may see a fast down move.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above - 17070
Sell Below - 16960

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Dec 27, 2021

Trade closed: target reached

Buy Trade Triggered and 1st Target Done.