Nifty Intraday Trade Setup | 7th Feb

Nifty opened with a minor Gap-up around 17580, faced resistance near 17620 and we again saw selling towards 17460 zones.

Trades we took Today:

> Bought Nifty 17700 PE at 250, it made a high above our 3rd Target 290 and Traders booked great profit
> Bought Nifty 17500 CE at 210, added more at 195 and booked around 220, Traders booked profit
> Bought Nifty 17650 PE at 215, it made high at our 3rd Target 260 and Traders booked great profit
> Bought Nifty 17650 PE again at 215, it made high at our 3rd Target 255 and Traders booked great profit

Nifty Option Buyers booked Wonderful profits.

Tomorrow, if Nifty sustains below 17460 we may see a down move.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17560
Sell Below - 17460

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 and All Targets Done.