Nifty opened with a gap-up above our Buying level of 17560 and as per our analysis we saw a Trending day with bullish bias and Nifty made a high around 17750.
Trades we took Today:
> Bought Nifty 17550 CE at 140 which made a high around 238 and Traders booked great profit
> Suggested to Buy Nifty 17600 CE at 145 but it didn't come in our buying range and went up.
Overall, it was a good day for Option buyers.
For tomorrow, we can an up-move if Nifty sustains above 17750 in the morning.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17750
Sell Below - 17640
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team