Nifty 50 IndexUpdated Nifty Nifty Trade Setup | 8th April
Nifty opened with a gap-down near 17750 and after forming a low around 17670 we saw more than 100 points recovery but Nifty again faced rejection near 17790.
Trades we took today -
> Bought Nifty 17900 PE at 170, it went above our Last Target of 220 and Traders booked profit
> Bought Nifty 17850 PE at 130, it went above our Last Target of 164 and Traders booked profit
> Bought Nifty 17850 PE again at 95, it went above our 1st Target of 110 and Traders booked profit
> Bought Nifty 17850 PE again at 85, added more at 78 and it went above our 1st Target of 100 and Traders booked profit
Overall, great day and Nifty Option Buyers booked profit.
Tomorrow, if the Nifty sustains below 17620, a further down move is expected.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17620
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17900 PE at 170, it went above our Last Target of 220 and Traders booked profit
> Bought Nifty 17850 PE at 130, it went above our Last Target of 164 and Traders booked profit
> Bought Nifty 17850 PE again at 95, it went above our 1st Target of 110 and Traders booked profit
> Bought Nifty 17850 PE again at 85, added more at 78 and it went above our 1st Target of 100 and Traders booked profit
Overall, great day and Nifty Option Buyers booked profit.
Tomorrow, if the Nifty sustains below 17620, a further down move is expected.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17620
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Buy Trade Triggered and All Targets Done.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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.