Nifty Intraday Trade Setup | 13th May
Updated
Nifty opened with a gap-down due to global cues around 16034 and we saw selling pressure since morning as we updated in yesterday's analysis.
Trades we took today -
> Bought Nifty 16200 PE at 205, it went above our Last Target of 255 and Traders booked profit in this Trade
> Bought Nifty 15800 CE at 95 which we booked with 10 points loss
> Bought Nifty 16000 PE at 130 which we booked with 8 points profit
> Bought Nifty 15700 CE at 140, it went above our 3rd Target of 190 and Traders booked profit in this Trade
Overall, Nifty Option buyers booked profits.
Tomorrow, if the Nifty breaks 15920 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 15920
Sell Below - 15700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 16200 PE at 205, it went above our Last Target of 255 and Traders booked profit in this Trade
> Bought Nifty 15800 CE at 95 which we booked with 10 points loss
> Bought Nifty 16000 PE at 130 which we booked with 8 points profit
> Bought Nifty 15700 CE at 140, it went above our 3rd Target of 190 and Traders booked profit in this Trade
Overall, Nifty Option buyers booked profits.
Tomorrow, if the Nifty breaks 15920 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 15920
Sell Below - 15700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Buy Trade Triggered, All Targets done. Shared sell trade in a live market and that also gave huge profit.
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