Wolves held the Premier League champions, Manchester City, to a 1-1 draw after taking the lead with a controversial Wily Boly goal before it was cancelled out by a Aymeric Laporte bullet header.
Wolves named an unchanged line up from the side that lost to Leicester 2-0 last week.
Record signing Adama Traoré remained on the bench and Leander Dendonker was not deemed fit enough for the match day squad.
Nuno kept faith with Helder Costa, and Diogo Jota in attack.
Man City made two changes from their previous game against Huddersfield with Kyle Walker and Raheem Sterling coming in for John Stones and Gabriel Jesus.
They came into the game with two convincing victories over Arsenal and Huddersfield under their belt.
For everyone who has watched the recent Amazon prime series, All or Nothing, which goes behind the scenes at the Ethiad following Manchester City exploits last season, you know how intense, and detailed Guardiola is on preparing his team.
They are not only a highly talented group of players but one of the best coached teams in the league, if not the world.
This is the kind of opposition that Wolves fans have been wanting to watch at Molineux for sometime.
Man City were experimenting with a new formation, which paid off in the first half with City hitting the woodwork twice firstly from Sergio Aguero who hit the post from a curling low shot.
Secondly, from a Raheem Sterling 25-yard half volley shot which was spectacularly tipped onto the crossbar by Portuguese international Rui Patricio in what could be the save of the season.
Manchester City are known for their precise, crisp passing from Ederson in goal to Sergio Aguero up front.
However under pressure from Wolves, City captain Vincent Kompany gifted the ball to Wolves who were allowed to break with pace.
That mistake led to Jiminez tapping the ball into the goal from close range, following a Diogo Jota forward run.
The goal however was rightly disallowed for offside, replays show it was only half a yard which prevented the Mexican from scoring his second of the season.
This was no ‘park the bus’ display from Wolves who attacked in numbers and created several clear cut chances throughout the game, holding their own with Manchester City.
Helder Costa had a great chance to put Wolves in the lead, early in the second half, but took one touch too many to try and round Ederson when an earlier shot would have been the better choice.
His extra touch made the angle too acute for Costa giving Ederson chance to save comfortably.
With the big money signing of Traoré hot on Costa’s heals desperate to take his place in the side, Costa gave his best performance of the season.
He was direct, and gave Mendy lots of problems down the left hand side.
The resulting corner was taken short and passed back to Moutinho who delivered a dangerous cross into the six yard box.
It was then bundled over the line into the goal by Wily Boly, his first in the Premier League. If VAR was in place however the goal would been clearly disallowed, as the ball comes off a dangling forearm of Wily Boly rather than his forehead.
They say decisions even out over a season and with the bad luck they experienced last week at the King Power stadium Wolves aren’t going to argue.
Moutinho who has played over one hundred games for Portugal showed his experience and class throughout the game.
His positioning and work rate was immense and his quality and composure on the ball was second to none.
Shown perfectly in the late stages of the game, where he was just outside the Wolves penalty box and his lofted pass into space was able to release Traoré to had come on for Helder Costa with twenty minutes to play.
In their first two games of the season Wolves uncharacteristically make several defensive errors which cost them points.
In this game however all three central defenders performed superbly, covering each other and all three directly preventing goals with tackles and blocks.
There is till vulnerabilities from set pieces however.
When Neves gave away a soft free kick around 20 yards away from goal, City were always going to threaten.
Ilkay Güdogan produced a incisive cross for Laporte to header home into the top corner to equalise for City the ball flew off his head before any Wolves players reacted.
Both sides had chances to win the game in the second half, in what was an open and end- to-end game.
Sergio Aguero hit the bar again direct from a free kick in the dying moments of the game. For Wolves, Diogo Jota rising shot late on went over by a matter of centimetres, from a cross from Adama Traoré who impressed again off the bench.
Wolves had some luck at Molineux but they were good value for a point.
Nuno is extremely stubborn in how he wants his team to play, no matter who the opposition and he will stick to this for the remainder of the season.
Their home form is something to be admired and will stand them in good stead this season, having only lost twice here since Nuno has taken the reigns at the club.
Although Wolves didn’t win produced gave a high intensity, relentlessly disciplined performance.
If there were any doubts in the players or fans minds before the game whether Wolves can compete and thrive at this level that doubt has surely been replaced with optimism.
They now have a run of very winnable fixtures against West Ham, Burnley and Southampton to build on the momentum.