Nifty Expiry Trade Setup | 7th October 2021
Nifty opened with a minor gap-up and mad high in the morning around 17884, around 12:30 PM we saw a sharp sell-off and we took 17950 PE at 12:33 PM.
Trades we took Today:
> Bought Nifty 17750 CE at 130 which we booked at the cost
> Bought Nifty 17700 CE at 128, It made a high around 188 and Traders booked great profit in this Trade
> Bought Nifty 17950 PE at 115, It made a high around 338 and Traders booked great profit in this Trade
Overall, we booked an insane profit today.
For tomorrow, we can see another down-move in Nifty if it breaks the support level of 17580 but we can also see a bounce from this zone so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17750 CE at 130 which we booked at the cost
> Bought Nifty 17700 CE at 128, It made a high around 188 and Traders booked great profit in this Trade
> Bought Nifty 17950 PE at 115, It made a high around 338 and Traders booked great profit in this Trade
Overall, we booked an insane profit today.
For tomorrow, we can see another down-move in Nifty if it breaks the support level of 17580 but we can also see a bounce from this zone so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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