November 23, 2024

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November 23, 2024

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HomeNiftyNifty Trend : 26 Feb 2021

Nifty Trend : 26 Feb 2021

Nifty Future closed @ 15173 as on 25.02.2021..!!

Nifty Future has resistance at 15202 – 15232 Point; above which other resistance levels are at 15272 – 15303 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 15117 – 15088 Point; below 15088 Point, other support levels are at 15008 – 15008 Point.

I am positive for the next bullish trend only above @ 15232 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 @ 15232 Point, again then the upper side target is quite high and it may touch @ 15272 Point in the short term…!!!

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