Nifty opened with flat today and we saw sharp selling right after open and it broke the important support zone of 18000 - 17950.
Trades we took Today:
> Bought Nifty 18050 CE at 130 which we booked with 5 points loss
> Bought Nifty 18000 CE at 135 which we booked with 20 points loss
> Bought Nifty 17950 CE at which made high around 164 and Traders booked good profit in this Trade.
> Bought Nifty 17950 CE again at 95 which we booked with 20 points loss
Overall, Bad day for Nifty Option Buyers.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17925
Sell Below - 17800
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team