Nifty Intraday Trade Setup | 18th Feb

17 Şub 2022

Nifty opened with a Gap-up above 17400 and faced rejection at 17440 zones which bought Nifty towards 17235 and we saw a good recovery of around 170 points from lower levels. Nifty again came under selling pressure in last hours and came below 17300.

Trades we took Today:

> Bought Nifty 17200 CE at 185 which we booked with 20 points loss
> Bought Nifty 17500 PE at 190, It made high above our last Target 260 and Traders booked great profit in this Trade
> Bought Nifty 17400 PE at 115, It made high above our last Target 180 and Traders booked great profit in this Trade
> Bought Nifty 17200 CE again at 155, It made high above our last Target 215 and Traders booked great profit in this Trade

Overall, wonderful day for Nifty Option Buyers.

Tomorrow, if Nifty sustains below 17240, we may see a down move.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17360
Sell Below - 17240

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

Happy Trading!
InvestPro India Team

20 Şub 2022

İşlem kapandı: hedefe ulaştı

Buy Trade Triggered and 1st Target Done.