November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeNiftyNifty Trend : 18 OCOTBER 2021

Nifty Trend : 18 OCOTBER 2021

Nifty Future closed @ 18355 as on 14.10.2021..!!

Dear Traders,

Nifty Future has resistance at 18388 – 18404 Point; above which other resistance levels are at 18434 - 18474 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 18303 – 18272 Point; below 18272 Point, other support levels are at 18232 – 18180 Point.

I am positive for the next bullish trend only above @ 18474 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 @ 18474 Point, again then the upper side target is quite high and it may touch @ 18505 Point in the short term...!!!

 

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