InvestPro_India

Nifty Intraday Trade Setup | 13th December 2021

NSE:NIFTY   Nifty 50 Index
Nifty opened flat and selling in morning at open, Nifty took support near 17400 and we saw good recovery in second half towards 17530.

Trades we took Today:

> Bought Nifty 16th Dec 17700 PE at 265 which made a high around 320 and Traders booked great profit in this Trade
> Bought Nifty 16th Dec 17400 CE at 145 which made a high above 200 and Traders booked great profit in this Trade

Overall, it was a great day for Nifty Option Buyers.

If Nifty sustains above 17600, we may see good short-covering up-move.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above - 17550
Sell Below - 17400

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, 1st & 2nd Targets Done.

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