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
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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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.