Nifty opened with a gap-down around 17010 and after making a high around 17050 we saw selling which brought Nifty around 16900 and Nifty was trading in 150 points range 17050 - 16900.
Trades we took today -
> Bought Nifty 17150 PE at 230, it went above our 1st Target 260 and Traders booked profit
> Bought Nifty 17100 PE at 220, it went above our Last Target 250 and Traders booked profit
> Bought Nifty 16900 CE at 155 which we booked at cost
Overall, it was a range-bound day and Nifty Option Buyers booked good profit.
Tomorrow, if the Nifty breaks 17060 on the upside, we may a reversal move.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17060
Sell Below - 16880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17150 PE at 230, it went above our 1st Target 260 and Traders booked profit
> Bought Nifty 17100 PE at 220, it went above our Last Target 250 and Traders booked profit
> Bought Nifty 16900 CE at 155 which we booked at cost
Overall, it was a range-bound day and Nifty Option Buyers booked good profit.
Tomorrow, if the Nifty breaks 17060 on the upside, we may a reversal move.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17060
Sell Below - 16880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Buying Trade Triggered, Tested the Buy level and went up.
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We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.