Nifty Expiry Trade Setup | 7th April
Updated
Nifty opened with a gap-down near 17850 and after testing the resistance level of 17900 we saw the selling and it was trading in the 100-120 points range for the whole day.
Trades we took today -
> Bought Nifty 17750 CE at 135, it went above our Last Target of 176 and Traders booked profit
> Bought Nifty 18000 PE at 153, it went above our Last Target of 194 and Traders booked profit
> Bought Nifty 18000 PE again at 160, it went above our 3rd Target of 196 and Traders booked profit
> Bought Nifty 18000 PE again at 180, it went above our 2nd Target of 210 and Traders booked profit
Overall, great day and Nifty Option Buyers booked profit in all 4 Trades.
Tomorrow, if the Nifty sustains below 17760, a further down move is expected.
Expectations for Tomorrow: Range-bound day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above - 17840
Sell Below - 17760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17750 CE at 135, it went above our Last Target of 176 and Traders booked profit
> Bought Nifty 18000 PE at 153, it went above our Last Target of 194 and Traders booked profit
> Bought Nifty 18000 PE again at 160, it went above our 3rd Target of 196 and Traders booked profit
> Bought Nifty 18000 PE again at 180, it went above our 2nd Target of 210 and Traders booked profit
Overall, great day and Nifty Option Buyers booked profit in all 4 Trades.
Tomorrow, if the Nifty sustains below 17760, a further down move is expected.
Expectations for Tomorrow: Range-bound day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above - 17840
Sell Below - 17760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered and All Targets Done.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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.