InvestPro_India

Nifty Intraday Trade Setup | 3rd January 2022

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.

Subscription Plans: investproindia.in/subscription

Whatsapp @8287021744

Telegram Channel - t.me/tradepropublic

Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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.