Nifty Intraday Trade Setup | 1st December 2021

Nifty opened with a minor gap-up and we saw a good rally in the morning towards 17324, due to Sudden Selling in Dow Futures Nifty also started falling and lost all the against during Intraday.

Trades we took Today:

> Bought Nifty 17050 CE at 155 which we booked with 25 points loss
> Bought Nifty 16950 CE at 165 which made a high above 270 and Traders booked great profit in this Trade

Overall, Good day for Nifty Option Buyers.

If Nifty breaks and sustains below 16930 level tomorrow, another down move may be seen.

Expectations for Tomorrow: Range-Bound day.

Intraday Levels:
Buy Above - 17070
Sell Below - 16930

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

Happy Trading!
InvestPro India Team

Operación cerrada: objetivo alcanzado:

Buy Trade Triggered and All Targets Done.