Nifty Intraday Trade Setup | 25th March

Nifty opened with a Gap-down at 17114 and after making a low around 17090 in the first 15 mins it showed great recovery towards 17290 but that acted as resistance and Nifty again fall 140 points from day high.

Trades we took today -

> Bought Nifty 17300 PE at 115 which we booked with 30 points loss
> Bought Nifty 17050 CE at 200, it went above to our 2nd Target 225 and Traders booked profit
> Bought Nifty 17400 PE at 160 it went above to our 2nd Target 190 and Traders booked profit
> Bought Nifty 17100 CE at 90, it went above to our 1st Target 110 and Traders booked profit
> Bought Nifty 17050 CE at 125, it went above to our Last Target 175 and Traders booked profit
> Bought Nifty 17200 CE at 35, it went above to our 2nd Target 55 and Traders booked profit

Overall, it was a volatile expiry and Nifty Option Buyers booked great profit.

Tomorrow, if Nifty sustains below 17150, we may see a further down-move.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above - 17250
Sell Below - 17150

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Happy Trading!
InvestPro India Team

Transakcja zamknięta: osiągnięto wyznaczony cel:

Sell Trade Triggered and 1st Target Done.