InvestPro_India

Nifty Intraday Trade Setup | 19th October 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened with Big Gap-up and remained in a range-bound market throughout the day.

Trades we took Today:

> Bought Nifty 18450 CE at 135 which made a high around 160 and Traders booked good profit in this Trade.
> Bought Nifty 18450 CE again at 130 and Nifty 18550 PE at 135 which we booked at a cost due to slow movement in Nifty .

Overall slow market and we booked some profit.

Nifty was trading in a range and for tomorrow we may see a trending move once Nifty breaks the range either side.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 18550
Sell Below - 18450

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

Happy Trading!
InvestPro India Team

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.