Nifty Intraday Trade Setup | 3rd January 2022

InvestPro_India Updated   
NSE:NIFTY   Nifty 50 Index
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
Trade closed: target reached:
Buy Trade Triggered, All Targets Done.


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