Nifty opened with a gap-up around 18150 and we saw a good up-move in the morning. Nifty faced resistance around 18270 zones and lost all the gains during the Intarady and we saw a sharp recovery after 12:45 and it went above 18300.
Trades we took Today:
> Bought Nifty 18150 CE at 170 which we booked with 20 points profit at 190. > Bought Nifty 18150 CE again at 120 which we booked with 20 points loss at 100.
Overall, no profit no loss for Nifty Option Buyers today.
For tomorrow, Nifty may give a good up-move above 18300.
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