Nifty opened flat and we saw selling at open, after choppy movement Nifty gave a breakdown and closed near day low.
Trades we took Today:
> Bought Nifty 17300 PE at 190 which we made a high around 400 but we booked early due to choppy movement
> Bought Nifty 17150 CE at 160 which we booked with 20 points loss
> Bought Nifty 16th Dec 17100 PE at 205 which we booked at a cost due to choppy movement
Overall, not a Good day for Nifty Option Buyers.
If Nifty sustains below 16890 tomorrow, we can see a follow-up selling but 16800 is a support zone so book profits early.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17000
Sell Below - 16890
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17300 PE at 190 which we made a high around 400 but we booked early due to choppy movement
> Bought Nifty 17150 CE at 160 which we booked with 20 points loss
> Bought Nifty 16th Dec 17100 PE at 205 which we booked at a cost due to choppy movement
Overall, not a Good day for Nifty Option Buyers.
If Nifty sustains below 16890 tomorrow, we can see a follow-up selling but 16800 is a support zone so book profits early.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17000
Sell Below - 16890
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Buy Trade Triggered and All Targets Done.
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📲 WhatsApp: +91 82870 21744
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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.
💎 Precision Entries • High Risk Reward • High-Probability Setups
🎯 Join Community Now!
👉 t.me/investprogoldsniper
💼 Want Premium Support or Copy Trading?
📲 WhatsApp: +91 82870 21744
Don’t Just Watch the Market - Trade Like a Pro.
🎯 Join Community Now!
👉 t.me/investprogoldsniper
💼 Want Premium Support or Copy Trading?
📲 WhatsApp: +91 82870 21744
Don’t Just Watch the Market - Trade Like a Pro.
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.