Nifty Expiry Trade Setup | 21st October 2021
Nifty opened flat today near 18450 level and we saw a sell-off in the morning, Nifty took support near 18320 and rebound towards the 18450 zones again but couldn't sustain.
Trades we took Today:
> Bought Nifty 18350 CE at 120 which we booked at 105 with 15 points loss.
> Bought Nifty 18500 PE at 135 which we booked at 115 with 20 points loss.
Overall today was a bad day for Option Buyers.
Tomorrow, we can see a down-move if Nifty breaks and sustains below the 18200 level.
Expectations for Tomorrow: Range-bound day, volatility after 1:00.
Intraday Levels:
Buy Above - 18300
Sell Below - 18200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 18350 CE at 120 which we booked at 105 with 15 points loss.
> Bought Nifty 18500 PE at 135 which we booked at 115 with 20 points loss.
Overall today was a bad day for Option Buyers.
Tomorrow, we can see a down-move if Nifty breaks and sustains below the 18200 level.
Expectations for Tomorrow: Range-bound day, volatility after 1:00.
Intraday Levels:
Buy Above - 18300
Sell Below - 18200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.