Nifty opened with a Gap-up and we saw selling in the morning towards the 16840 zone and Nifty gave a great recovery of more than 500 points from lower levels.
Trades we took Today:
> Bought Nifty 16950 PE at 145, it made high at above our Last Target 186 and Traders booked good profit > Bought Nifty 17000 PE at 145 which we booked with 20 points loss
Overall, a good day for Nifty Option Buyers. We took more trades in BankNifty today.
Tomorrow, if Nifty sustains above 17380 we may see a further up-move.
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.