Nifty Intraday Trade Setup | 3rd January 2022
Updated
Nifty opened flat today saw a great upmove in the morning and it was a trending move.
Trades we took Today:
> Bought Nifty 17400 PE at 180 which we booked with 8 points loss
> Bought Nifty 17200 CE at 220 which made a high around 270 and Traders booked great profit in this Trade
Overall, it was a good day for Option Buyers.
We can see another upmove once Nifty breaks 17400 on the upside but 17500 would be the resistance zone so be cautious.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought Nifty 17400 PE at 180 which we booked with 8 points loss
> Bought Nifty 17200 CE at 220 which made a high around 270 and Traders booked great profit in this Trade
Overall, it was a good day for Option Buyers.
We can see another upmove once Nifty breaks 17400 on the upside but 17500 would be the resistance zone so be cautious.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Buy Trade Triggered, All Targets Done.
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