Nifty Intraday Trade Setup | 6th December 2021
Updated
Nifty opened with a minor Gap-up and made high around 17500 in the morning but couldn't sustain at the upper level and we saw selling towards 17200 zones.
Trades we took Today:
> Bought Nifty 17350 CE at 210 which we booked around the cost
> Bought Nifty 17400 PE at 150 which we booked with 15 points loss
Overall, not a Good day for Nifty Option Buyers.
If Nifty sustains below 17180 tomorrow, we can see a follow-up down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17180
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17350 CE at 210 which we booked around the cost
> Bought Nifty 17400 PE at 150 which we booked with 15 points loss
Overall, not a Good day for Nifty Option Buyers.
If Nifty sustains below 17180 tomorrow, we can see a follow-up down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17180
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered, All Targets Done.
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