Nifty Intraday Trade Setup | 5th October 2021
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
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.