InvestPro_India

Nifty Intraday Trade Setup | 5th October 2021

NSE:NIFTY   Indice NIFTY 50
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

Subscription Plans: investproindia.in/subscription

Whatsapp @8287021744

Telegram Channel - t.me/tradepropublic

Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.