Nifty Intraday Trade Setup | 8th Feb

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Nifty opened with a minor Gap-down, we saw selling since morning and Nifty kept forming lower lows throughout the day.


Trades we took Today:

> Bought Nifty 17500 PE Feb Expiry at 280, it made a high above our Last Target 355 and Traders booked great profit
> Bought Nifty 17600 PE at 240, it made high at above our Last Target 284 and Traders booked great profit

Overall, it was a great day and Nifty Option Buyers booked wonderful profits.

Tomorrow, if Nifty sustains below 17160 we may see a down move.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above - 17260
Sell Below - 17160

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

Happy Trading!
InvestPro India Team
Trade geschlossen: Ziel wurde erreicht
Sell Trade Triggered, 1st and 2nd Targets Done.
Chart PatternsTechnical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftyintradaytradesetupniftylevelsniftyoptionsniftytradesetup

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