November 25, 2024

+91 99390 80808

November 25, 2024

+91 99390 80808

HomeNiftyNifty Trend : 01 SEPTEMBER 2021

Nifty Trend : 01 SEPTEMBER 2021

Nifty Future closed @ 17130 as on 31.08.2021..!!

Dear Traders,

Nifty Future has resistance at 17177 – 17202 Point; above which other resistance levels are at 17217 - 17230 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17077 – 17007 Point; below 17007 Point, other support levels are at 16933 – 16888 Point.

I am positive for the next bullish trend only above @ 17202 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 @ 17202 Point, again then the upper side target is quite high and it may touch @ 17217 Point in the short term...!!!

 

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