November 23, 2024

+91 99390 80808

November 23, 2024

+91 99390 80808

HomeNiftyNifty Trend : 01 Feb 2021

Nifty Trend : 01 Feb 2021

Nifty Future closed @ 13709 as on 29.01.2021..!!

Nifty Future has resistance at 13747 â€“ 13808 Point; above which other resistance levels are at 13838 â€“ 13888 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 13676 â€“ 13606 Point; below 13606 Point, other support levels are at 13533 â€“ 13474 Point.

I am positive for the next bullish trend only above @ 13888 Point but be with the trend. Let the market decide further moves.

As we are saying from many days, Buying is suggested in falls only…and it’s still a better strategy in the given Scenario…!!!

Regarding Long term positions, it is preferable to remain cautious now…!!

If Nifty Future crosses @ 13888 Point, again then the upper side target is quite high and it may touch @ 14004 Point in the short term…!!!

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