Nifty opened with a Gap-up around 17290 and we saw a fall from the open which brought Nifty towards 17080 but that worked as a support and Nifty got bounced towards 17200.
Trades we took today -
> Bought Nifty 17300 CE at 165 which we booked with 10 points loss
> Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost
Overall, it was a choppy day and not good for Option Buyers.
Tomorrow, if Nifty sustains below 17120, we may see a down-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17200
Sell Below - 17120
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17300 CE at 165 which we booked with 10 points loss
> Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost
Overall, it was a choppy day and not good for Option Buyers.
Tomorrow, if Nifty sustains below 17120, we may see a down-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17200
Sell Below - 17120
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Sell Trade Triggered, 1st and 2nd Targets Done.
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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.