Nifty opened flat today, we saw some selling but yesterday low acted as support, we saw a great recovery, and Nifty closed above psychological resistance 17500.
Trades we took Today:
> Bought Nifty 17600 PE at 170 which made a high above 240 and Traders booked great profit in this Trade > Bought Nifty 17600 PE Dec Expiry at 330 which we booked with 5 points loss > Bought Nifty 17400 CE 2ND Dec at 200 which we booked at a cost due to choppy movement
Overall Good Day for Nifty Option Buyers and Traders booked Great profit in Morning Trade Only.
Tomorrow we can see an up-move if Nifty sustains above 17560 but 17600-17630 is resistance zone so book profit quickly.