InvestPro_India

Nifty Intraday Trade Setup | 5th October 2021

NSE:NIFTY   Nifty 50 Endeksi
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

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.