November 25, 2024

+91 99390 80808

November 25, 2024

+91 99390 80808

HomeNiftyNifty Trend : 12 July 2021

Nifty Trend : 12 July 2021

Nifty Future closed @ 15722 as on 09.07.2021..!!

Dear Traders,

Nifty Future has resistance at 15777 – 15808 Point; above which other resistance levels are at 15838 - 15888 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 15676– 15606 Point; below 15606 Point, other support levels are at 15577 - 15505 Point.

I am positive for the next bullish trend only above @ 15808 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 @ 15808 Point, again then the upper side target is quite high and it may touch @ 15888 Point in the short term...!!!

 

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