Nifty Intraday Trade Setup | 29th December 2021

Обновлено
Nifty opened with a Gap-up near 17180 and remained in very short range throughout the day.

Trades we took Today:

> Bought Nifty 17300 PE at 155 which made a high above 175 and Traders booked profit in this Trade
> Bought Nifty 17050 CE at 205 which we booked with 15 points loss
> Bought Nifty 17300 PE again at 150 which we booked with 15 points profit
> Bought Nifty 17000 CE 6th Jan at 330 which we booked at a cost due to choppy movement

Overall, It was a choppy day for Nifty Option Buyers.

Tomorrow, if Nifty sustains above 17250 we may see a follow-up upmove.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above - 17250
Sell Below - 17150

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

Happy Trading!
InvestPro India Team
Заметка
Buy Trade Triggered and Nifty gave 35 points move.
Chart PatternsTechnical IndicatorsNIFTYniftyanalysisniftyintradayniftyintradaylevelsniftyintradaysetupniftyintradaytradesetupniftylevelsniftyoptionsniftytradesetupTrend Analysis

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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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