November 23, 2024

+91 99390 80808

November 23, 2024

+91 99390 80808

HomeNiftyNifty Trend : 05 Feb 2021

Nifty Trend : 05 Feb 2021

Nifty Future closed @ 14888 as on 04.02.2021..!!

Nifty Future has resistance at 14909 â€“ 14939 Point; above which other resistance levels are at 14979 â€“ 15005 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 14808 â€“ 14737 Point; below 14737 Point, other support levels are at 14707 â€“ 14676 Point.

I am positive for the next bullish trend only above @ 15005 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 @ 15005 Point, again then the upper side target is quite high and it may touch @ 15033 Point in the short term…!!!

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