Nifty Intraday Trade Setup | 16th July 2021

Nifty opened with a gap-up and after consolidation, it broke 15900 level which was our buying level and CE option buyers booked great profit. The 15950 zone was another resistance and we bought 16000 PE at 70 which made went to 102 and we booked great profit in that too. Nifty has made its new All Time high and above 15950 we may again see a good up-move tomorrow.

Expectations for Tomorrow: Trending day.

Intraday Levels:
Buy Above - 15950
Sell Below - 15900

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

Happy Trading!
InvestPro India Team

코멘트:

Choppy Market, Selling at the top and buying at the bottom is the strategy for today.... Booked great profit in 16000 PE in the morning.