TradingView
InvestPro_India
Oct 24, 2021 1:16 PM

Nifty Intraday Trade Setup | 25th October 2021 

Nifty 50 IndexNSE

Description

Nifty opened with a gap-up near our Buy level of 18240 and we saw a good upmove towards the 18310 zones. The price couldn't sustain and sellers again dragged below Thursday's low.

Trades we took Today:

> Bought Nifty 18300 PE at 130 which made a high above 300 and Traders booked great profit in this trade.

We took only 1 Trade in Nifty as already booked great profit In BankNifty options. Overall, a great day for Option Buyers.

Expecting morning volatility tomorrow as Reliance Result was announced on Friday.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 18150
Sell Below - 18040

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
More