Nifty Intraday Trade Setup | 9th March

8. März 2022

Nifty opened with a gap-down around 15750 and made high near 15890 but we again saw the rejection and Nifty made a new low of 15671 but Nifty gave a great upmove in last hours and went above 16000.

Trades we took today -

> Bought BankNifty 15800 PE at 205 which we booked with 15 points loss
> Bought BankNifty 15800 PE again at 235, it went above to our 1st Target 255 and Traders booked profit

As Nifty was moving in a small range we did took only these 2 Trades.

Tomorrow, if Nifty sustains above 16050, we may see an upmove towards 16100 and above.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above - 16050
Sell Below - 15940

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

Happy Trading!
InvestPro India Team

9. März 2022

Trade geschlossen: Ziel wurde erreicht

Buy Trade Triggered and All Targets Done.