Nifty opened with a gap-up around 16730 and made high at 16768 but couldn't sustain at upper levels and we saw a selling since open. Nifty made a low at 16480 which was yesterday's low which provided some cushion and Nifty was moving in a small range in the last 2 hours.
Trades we took Today:
> Bought Nifty 16800 PE at 115, it went above our 4th Target 151 and Traders booked profit in this Trade
> Bought Nifty 16500 CE at 190 which we booked with 20 points loss
We focused more on BankNifty and took a total of 7 Trades, and booked profit in 6 Trades. Overall a wonderful day.
Tomorrow, if Nifty sustains below 16470 we may have a follow-up down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16600
Sell Below - 16470
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 16800 PE at 115, it went above our 4th Target 151 and Traders booked profit in this Trade
> Bought Nifty 16500 CE at 190 which we booked with 20 points loss
We focused more on BankNifty and took a total of 7 Trades, and booked profit in 6 Trades. Overall a wonderful day.
Tomorrow, if Nifty sustains below 16470 we may have a follow-up down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16600
Sell Below - 16470
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
Gap-down Opening. No Trade as per Set-up.
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We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
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.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
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.