Nifty Intraday Trade Setup | 27th Dec
Updated
Today Nifty opened flat and after taking support @ 21350 we saw good up move and some selling from tops. We bought 21400 CE in morning which we booked with good profit and then also bought 21550 PE which gave a decent profit again.
For tomorrow, if Nifty sustains above 21480, we expect to see more up move towards 21520 and above marked levels. However, if Nifty unable to hold 21400, we may see more selling towards 21360 and below marked levels.
This week volumes are low as FIIs are on holiday, trade cautiously with small quantity.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21480
Sell Below - 21400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
For tomorrow, if Nifty sustains above 21480, we expect to see more up move towards 21520 and above marked levels. However, if Nifty unable to hold 21400, we may see more selling towards 21360 and below marked levels.
This week volumes are low as FIIs are on holiday, trade cautiously with small quantity.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21480
Sell Below - 21400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Trade closed manually
Nifty opened with gap-up, taken support from trend line and went up again.
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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.
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