Nifty Intraday Trade Setup | 15th March

Nifty opened with a small Gap-up around 16650 and after making a low around 16600 we saw a good rally towards 16880 zones and Nifty closed near day high.

Trades we took today -

> Bought Nifty 16700 PE at 215, it went above to our 1st Target 235 and Traders booked profit
> Bought Nifty 16700 PE at 175 which we booked with 20 points loss

As BankNifty was looking stronger we did take only 2 Trades in Nifty.

Tomorrow, if Nifty sustains above 16900, we may see another upmove but be cautious near 17000 as it is s psychological resistance.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above - 16900
Sell Below - 16760

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Trade fermée: cible de profit atteinte:

Sell Trade Triggered and All Targets Done.