Nifty Expiry Trade Setup | 24th March

Nifty opened with a Gap-up at 17414 and we saw a selling at open which brought Nifty towards the 17300 zones which acted as support for some time but Nifty broke this and made low near to 17200 level.

Trades we took today -

> Bought Nifty 17300 CE at 185 which we booked with 20 points loss
> Bought Nifty 17400 PE at 145 which we booked with 7 points loss
> Bought Nifty 17400 CE at 145, it went above to our 1st Target 165 and Traders booked profit

Overall, it was a choppy day and Nifty Option Buyers booked a small loss.

Tomorrow, if Nifty sustains below 17190, we may see a further down-move.

Expectations for Tomorrow: Range-bound Day, Volatality after 1:10 PM.

Intraday Levels:
Buy Above - 17310
Sell Below - 17190

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

Happy Trading!
InvestPro India Team

Trade fechado: objetivo atingido:

Sell Trade Triggered and 1st Target Done.