Nifty opened with a gap-up at 18089 and we saw selling at open which brought Nifty to 17960, it was also our sell level and Nifty took to support and made another high but couldn't sustain at higher levels.
Trades we took today -
> Bought Nifty 18050 CE 13th April at 190, it came below our SL 160 but we updated to hold the position and it gave 30 points profit.
> Bought Nifty 17950 CE at 135 which we booked with 10 points loss
Movement in BN was more clear hence we took only 2 trades in Nifty. Overall not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains below 17900, we may see a downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 18030
Sell Below - 17900
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 18050 CE 13th April at 190, it came below our SL 160 but we updated to hold the position and it gave 30 points profit.
> Bought Nifty 17950 CE at 135 which we booked with 10 points loss
Movement in BN was more clear hence we took only 2 trades in Nifty. Overall not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains below 17900, we may see a downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 18030
Sell Below - 17900
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, All Targets 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.
