November 23, 2024

+91 99390 80808

November 23, 2024

+91 99390 80808

HomeNiftyNifty Trend : 04 Feb 2021

Nifty Trend : 04 Feb 2021

Nifty Future closed @ 14814 as on 03.02.2021..!!

Nifty Future has resistance at 14848 â€“ 14878 Point; above which other resistance levels are at 14909 â€“ 14939 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 13808 â€“ 13777 Point; below 13777 Point, other support levels are at 13707 â€“ 13676 Point.

I am positive for the next bullish trend only above @ 14939 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 @ 14939 Point, again then the upper side target is quite high and it may touch @ 15008 Point in the short term…!!!

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