Nifty Expiry Trade Setup | 23rd September 2021

Nifty opened with a minor Gap-up near our Buy level and we saw a selling towards 17530 zones, we bought Nifty 17400 CE at 130 which went to above 180 and Traders booked great profit. After the morning move, Nifty was trading in 70-80 points range throughout the day which was expected as tomorrow is expiry and we saw good moves on the last two days.

For tomorrow, we may see a trending move of 40-80 points once Nifty breaks Today's range on either side.

Expectations for Tomorrow: Range-bound day, Volatality after 1:30 PM.

Intraday Levels:
Buy Above - 17610
Sell Below - 17520

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Happy Trading!
InvestPro India Team

Comment:

As expected saw a good rally as Nifty opened with a gap-up above yesterday's high.