Nifty opened with a small gap-up at 17522 and after making a low around 17485 Nifty made a high above 17560 but it couldn't sustain at upper levels and we saw selling which bought Nifty near to 17450.
Trades we took today -
> Bought Nifty 17700 PE at 165, it went above our 3rd Target 210 and Traders booked profit
> Bought Nifty 17700 PE at 150, it went above our last Target 200 and Traders booked profit
Due to slow momentum, we took only 2 trades but overall it was a great expiry.
Tomorrow, if the Nifty sustains above 17500, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17500
Sell Below - 17420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17700 PE at 165, it went above our 3rd Target 210 and Traders booked profit
> Bought Nifty 17700 PE at 150, it went above our last Target 200 and Traders booked profit
Due to slow momentum, we took only 2 trades but overall it was a great expiry.
Tomorrow, if the Nifty sustains above 17500, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17500
Sell Below - 17420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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📲 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.