Nifty Expiry Trade Setup | 20th January 2022

Nifty opened flat today and we saw selling at open, Nifty was weak throughout the day and made low below 17900.

Trades we took Today:

> Bought Nifty 17900 CE at 210 which we booked with 20 points loss
> Bought Nifty 18150 PE at 155 which went above our 3rd Target 195 and Traders booked profit in this Trade

Nifty was trading in a range in the second half hence took only 2 Trades Today.

Tomorrow, we may see another down-move once Nifty sustains below 17880 but tomorrow is expiry so be cautious of volatality.

Expectations for Tomorrow: Range-bound Day, Volatality after 1:00.

Intraday Levels:
Buy Above - 18010
Sell Below - 18880

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

Happy Trading!
InvestPro India Team

Comment:

Correction - Sell Below - 17880

Trade closed: target reached:

Sell Trade Triggered and All Targets Done.