Nifty Future closed @ 16714 as on 27.08.2021..!!
Dear Traders,
Nifty Future has resistance at 16737 – 16777 Point; above which other resistance levels are at 16808 - 16818 Point with highly Volatile Trend,
Nifty Future has Downside support levels are at 16676 – 16636 Point; below 16636 Point, other support levels are at 16606 – 16575 Point.
I am positive for the next bullish trend only above @ 16808 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 @ 16808 Point, again then the upper side target is quite high and it may touch @ 16818 Point in the short term...!!!
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