Nifty Intraday Trade Setup | 4th October 2021
Nifty opened with a gap-down around 17536 and made a day low of 17459 in the first 15 mins. Nifty made a high of 17557 which was a resistance zone but couldn't sustain above that level.
Trades we took on Friday, 1st Oct.:
> Bought Nifty 17500 CE at 145 which we booked with 13 points loss
> Bought Nifty 17450 CE at 150 which made a high above 200 and Traders booked great profit.
> Bought Nifty 17500 PE at 120 which we booked with a profit of 10 points as there was not much movement.
Overall, it was a good day for Option buyers.
For tomorrow, we can an up-move if Nifty sustains above 17560 in the morning.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above - 17560
Sell Below - 17500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took on Friday, 1st Oct.:
> Bought Nifty 17500 CE at 145 which we booked with 13 points loss
> Bought Nifty 17450 CE at 150 which made a high above 200 and Traders booked great profit.
> Bought Nifty 17500 PE at 120 which we booked with a profit of 10 points as there was not much movement.
Overall, it was a good day for Option buyers.
For tomorrow, we can an up-move if Nifty sustains above 17560 in the morning.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above - 17560
Sell Below - 17500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.