Nifty Intraday Trade Setup | 24th December 2021

Nifty opened with a Gap-up above our Buy Level 17000 and traded in a small range the whole day.

Trades we took Today:

> Bought Nifty 17150 PE 30th Dec at 162 which made a high above 200 and Traders booked great profit in this Trade
> Bought Nifty 17000 CE 30th Dec at 180 which we booked at a cost due to slow movement
> Bought Nifty 17150 PE 30th Dec at 150 which we booked with 6 points loss

Nothing much today for Nifty Option Traders but we booked Good Profit in Morning Trade.

Tomorrow, if Nifty sustains below phycological level 17000 we can see a down-move.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above - 17120
Sell Below - 17000

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

Happy Trading!
InvestPro India Team

Commentaire:

Sell Trade Triggered, 1st & 2nd Targets Done.