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InvestPro_India
Dec 5, 2021 3:15 PM

Nifty Intraday Trade Setup | 6th December 2021 

Nifty 50 IndexNSE

Description

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

Trade closed: target reached

Sell Trade Triggered, All Targets Done.
Comments
krflorareddy1984
Super idea sir
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