InvestPro_India

Nifty Intraday Trade Setup | 29th October 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with flat today and we saw sharp selling right after open and it broke the important support zone of 18000 - 17950.

Trades we took Today:

> Bought Nifty 18050 CE at 130 which we booked with 5 points loss
> Bought Nifty 18000 CE at 135 which we booked with 20 points loss
> Bought Nifty 17950 CE at which made high around 164 and Traders booked good profit in this Trade.
> Bought Nifty 17950 CE again at 95 which we booked with 20 points loss

Overall, Bad day for Nifty Option Buyers.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above - 17925
Sell Below - 17800

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Trade closed: target reached: Sell Trade Triggered as per set-up and All Targets done.

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