Nifty opened with a gap-down near 17590 and Nifty made a low below 17450 which acted as a support zone and we saw 150 points bounce from lower levels.
Trades we took today -
> Bought Nifty 17700 PE at 160, it went above our 3rd Target of 194 and Traders booked profit
> Bought Nifty 17450 CE at 120 which we booked with 20 points loss
> Bought Nifty 17650 PE at 170 which we booked with 20 points loss
Overall, it was a range-bound market and not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains above 17600, we may see an up-move.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17600
Sell Below - 17450
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17700 PE at 160, it went above our 3rd Target of 194 and Traders booked profit
> Bought Nifty 17450 CE at 120 which we booked with 20 points loss
> Bought Nifty 17650 PE at 170 which we booked with 20 points loss
Overall, it was a range-bound market and not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains above 17600, we may see an up-move.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17600
Sell Below - 17450
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Order cancelled
No Trade as per Set-up.
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Disclaimer
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💎 Precision Entries • High Risk Reward • High-Probability Setups
🎯 Join Community Now!
👉 t.me/investprogoldsniper
💼 Want Premium Support or Copy Trading?
📲 WhatsApp: +91 82870 21744
Don’t Just Watch the Market - Trade Like a Pro.
🎯 Join Community Now!
👉 t.me/investprogoldsniper
💼 Want Premium Support or Copy Trading?
📲 WhatsApp: +91 82870 21744
Don’t Just Watch the Market - Trade Like a Pro.
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.