Nifty Intraday Trade Setup | 19th April

Nifty opened with a big gap-down around 17190 and after making a high near 17240 we saw selling which took Nifty towards 17070 level that acted as a support zone.

Trades we took today -

> Bought Nifty 17300 PE at 170, it went above our Last Target of 209 and Traders booked profit
> Bought Nifty 17300 PE again at 200, it went above our Last Target of 244 and Traders booked profit
> Bought Nifty 17150 CE at 125, it went above our 3rd Target of 165 and Traders booked profit

Overall, Nifty Option Buyers made a good profit today.

Tomorrow, if the Nifty sustains above 17240, a fast down upmove is expected.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above - 17240
Sell Below - 17120

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Happy Trading!
InvestPro India Team