Nifty opened with a gap-down around 17010 and after making a high around 17050 we saw selling which brought Nifty around 16900 and Nifty was trading in 150 points range 17050 - 16900.
Trades we took today -
> Bought Nifty 17150 PE at 230, it went above our 1st Target 260 and Traders booked profit
> Bought Nifty 17100 PE at 220, it went above our Last Target 250 and Traders booked profit
> Bought Nifty 16900 CE at 155 which we booked at cost
Overall, it was a range-bound day and Nifty Option Buyers booked good profit.
Tomorrow, if the Nifty breaks 17060 on the upside, we may a reversal move.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17060
Sell Below - 16880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 17150 PE at 230, it went above our 1st Target 260 and Traders booked profit
> Bought Nifty 17100 PE at 220, it went above our Last Target 250 and Traders booked profit
> Bought Nifty 16900 CE at 155 which we booked at cost
Overall, it was a range-bound day and Nifty Option Buyers booked good profit.
Tomorrow, if the Nifty breaks 17060 on the upside, we may a reversal move.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17060
Sell Below - 16880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade fechado: objetivo atingido:
Buying Trade Triggered, Tested the Buy level and went up.
