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InvestPro_India
Jan 19, 2022 3:17 PM

Nifty Expiry Trade Setup | 20th January 2022 

Nifty 50 IndexNSE

Description

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.
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