Nifty Expiry Trade Setup | 7th October 2021
Nifty opened with a minor gap-up and mad high in the morning around 17884, around 12:30 PM we saw a sharp sell-off and we took 17950 PE at 12:33 PM.
Trades we took Today:
> Bought Nifty 17750 CE at 130 which we booked at the cost
> Bought Nifty 17700 CE at 128, It made a high around 188 and Traders booked great profit in this Trade
> Bought Nifty 17950 PE at 115, It made a high around 338 and Traders booked great profit in this Trade
Overall, we booked an insane profit today.
For tomorrow, we can see another down-move in Nifty if it breaks the support level of 17580 but we can also see a bounce from this zone so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17750 CE at 130 which we booked at the cost
> Bought Nifty 17700 CE at 128, It made a high around 188 and Traders booked great profit in this Trade
> Bought Nifty 17950 PE at 115, It made a high around 338 and Traders booked great profit in this Trade
Overall, we booked an insane profit today.
For tomorrow, we can see another down-move in Nifty if it breaks the support level of 17580 but we can also see a bounce from this zone so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.