Nifty opened with a Gap-up above our Buy level 17800 and we saw good upmove in the morning towards the 17900 zones. That was a resistance zone, we took a short position at the top and booked at 17720.
Trades we took Today:
> Bought Nifty 17900 PE at 175 which we booked with 20 points loss
> Bought Nifty 17900 PE Jan Expiry at 265 and added more at 240 which made a high around 350 and Traders booked great profit in this Trade
Overall, it was a great day for Nifty Option Buyers.
Tomorrow, we can see a down-move once Nifty breaks the yellow support line on the downside.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17850
Sell Below - 17770
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17900 PE at 175 which we booked with 20 points loss
> Bought Nifty 17900 PE Jan Expiry at 265 and added more at 240 which made a high around 350 and Traders booked great profit in this Trade
Overall, it was a great day for Nifty Option Buyers.
Tomorrow, we can see a down-move once Nifty breaks the yellow support line on the downside.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17850
Sell Below - 17770
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
Gap-up opening, No trade as per set-up.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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.