Nifty Future closed @ 16146 as on 03.08.2021..!!
Dear Traders,
Nifty Future has resistance at 16188 – 16202 Point; above which other resistance levels are at 16217 – 16230 Point with highly Volatile Trend,
Nifty Future has Downside support levels are at 16108– 16088 Point; below 16088 Point, other support levels are at 16033 - 16008 Point.
I am positive for the next bullish trend only above @ 16202 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 @ 16202 Point, again then the upper side target is quite high and it may touch @ 16230 Point in the short term...!!!
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