InvestPro_India

Nifty Intraday Trade Setup | 18th October 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with Gap-up above our Buy level and remained in a range throughout the day which was broken in the last 2 hours on the upside.

Trades we took Today:

> Bought Nifty 18400 PE at 135 which we booked at 152 and Traders booked good profit in this Trade.
> Bought Nifty 18400 PE again at 100 which made a high above 140 and Traders booked great profit in this Trade.
> Bought Nifty 18150 CE at 115 which made a high around 190 and Traders booked great profit in this Trade.

Overall, great expiry for Nifty Option Buyers.

For tomorrow, SGX Indicating a gap-up opening so be cautious in morning volatility .

Expectations for Tomorrow: Volatality in the morning.

Intraday Levels:
Buy Above - 18350
Sell Below - 18290

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Happy Trading!
InvestPro India Team

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.