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NIFTY Intraday Trade Setup For 03 Dec 2022

Indeks Nifty 50 (NSE:NIFTY)  
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NIFTY Intraday Trade Setup For 03 Dec 2022

Buy-Above 17400
Sl-17360
T-17460 17500

Sell-Below 17300
Sl-17360
T-17265 17200

As we planned to buy from 29 Dec 2021, Friday we got a smooth buy trade. We got more than 100 points profit at a go as soon as the range broke.

Coming to Monday's trade setup, the positive momentum will continue above Friday's high. But we will wait for 5 min candle close above 17400.

For selling also we need closing below 17300. But no aggressive short is recommended here as market looks bullish here.

17600 is the daily resistance and 17100 is the daily support.
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NIFTY Intraday Trade Setup For 03 Jan 2022

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Omahto
BANKNIFTY Intraday Trade Setup For 03 Dec 2022
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