Nifty opened with a minor Gap-down, we saw selling since morning and Nifty kept forming lower lows throughout the day.
Trades we took Today:
> Bought Nifty 17500 PE Feb Expiry at 280, it made a high above our Last Target 355 and Traders booked great profit
> Bought Nifty 17600 PE at 240, it made high at above our Last Target 284 and Traders booked great profit
Overall, it was a great day and Nifty Option Buyers booked wonderful profits.
Tomorrow, if Nifty sustains below 17160 we may see a down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17260
Sell Below - 17160
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team