Nifty opened with a gap-up near 17420 and again faced resistance near its previous high of 17440. We have updated in the group not to take the Buy position until it sustains above 17450. We suggested buying 17450 PE at 85 which we booked at cost because of the slow movement in the morning.

For tomorrow, if Nifty opens with gap-up Risky traders can short in the morning with the SL of 17450.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 17440
Sell Below - 17360

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

Happy Trading!
InvestPro India Team
Chart PatternsTechnical IndicatorsNIFTYnifty50niftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftylevelsniftyoptionsniftytradesetupTrend Analysis

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