Nifty Expiry Trade Setup | 20th January 2022
Nifty opened flat today and we saw selling at open, Nifty was weak throughout the day and made low below 17900.
Trades we took Today:
> Bought Nifty 17900 CE at 210 which we booked with 20 points loss
> Bought Nifty 18150 PE at 155 which went above our 3rd Target 195 and Traders booked profit in this Trade
Nifty was trading in a range in the second half hence took only 2 Trades Today.
Tomorrow, we may see another down-move once Nifty sustains below 17880 but tomorrow is expiry so be cautious of volatality.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:00.
Intraday Levels:
Buy Above - 18010
Sell Below - 18880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17900 CE at 210 which we booked with 20 points loss
> Bought Nifty 18150 PE at 155 which went above our 3rd Target 195 and Traders booked profit in this Trade
Nifty was trading in a range in the second half hence took only 2 Trades Today.
Tomorrow, we may see another down-move once Nifty sustains below 17880 but tomorrow is expiry so be cautious of volatality.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:00.
Intraday Levels:
Buy Above - 18010
Sell Below - 18880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bình luận:
Correction - Sell Below - 17880
Đóng lệnh: đạt mục tiêu:
Sell Trade Triggered and All Targets Done.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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.
