Nifty opened with a gap-up around 16080 and made the low bottom in 1st 15 mins. We saw a great rally, it was highly bullish the entire day and touched 16400 during the day which is 400 points upmove from lower levels.
Trades we took today -
> Bought Nifty 15900 CE at 220, it went above to our Last Target 320 and Traders booked profit
> Bought Nifty 16000 CE at 185, it went above to our Last Target 240 and Traders booked profit
> Bought Nifty 16000 CE again at 235, it went above to our Last Target 300 and Traders booked profit
Overall, it was a wonderful day and Nifty Option Buyers booked great profit.
Tomorrow, if Nifty sustains above 16400, we may see a follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16400
Sell Below - 16300
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought Nifty 15900 CE at 220, it went above to our Last Target 320 and Traders booked profit
> Bought Nifty 16000 CE at 185, it went above to our Last Target 240 and Traders booked profit
> Bought Nifty 16000 CE again at 235, it went above to our Last Target 300 and Traders booked profit
Overall, it was a wonderful day and Nifty Option Buyers booked great profit.
Tomorrow, if Nifty sustains above 16400, we may see a follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16400
Sell Below - 16300
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
