Nifty opened flat today and faced resistance near our Buying level of 18100, after morning movement we saw a range-bound day whole day.
Trades we took Today:
> Bought Nifty 18050 CE at 130 which we booked with 20 points loss > Bought Nifty 18150 PE at 145 which we booked with 15 points profit > Bought Nifty 18000 CE at 120 which we booked with 15 points profit > Bought Nifty 18150 PE again 155 which we booked with 15 points profit
Overall, an average day and it was more of scalpers day in Option Buying.
For tomorrow, today's low would be important. If Nifty breaks 17980, we may see a sharp fall towards 17900 zones.
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