Nifty Intraday Trade Setup | 11th October 2021
Nifty opened with a Gap-up above our Buy level 17850 and remained in 100 points range throughout the day.
Trades we took Today:
> Bought Nifty 17850 CE at 130 which we booked at a cost due to morning volatility.
> Bought Nifty 17800 CE at 145 which made a high around 195 and Traders booked great profit in this Trade.
Overall, we booked a good profit in Nifty Options.
For tomorrow, we can see another up-move if the Nifty sustains above 17950 level but rejection from this zone can also be seen to be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17950
Sell Below - 17840
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17850 CE at 130 which we booked at a cost due to morning volatility.
> Bought Nifty 17800 CE at 145 which made a high around 195 and Traders booked great profit in this Trade.
Overall, we booked a good profit in Nifty Options.
For tomorrow, we can see another up-move if the Nifty sustains above 17950 level but rejection from this zone can also be seen to be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17950
Sell Below - 17840
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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