November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeNiftyNifty Trend : 31 DECEMBER 2021

Nifty Trend : 31 DECEMBER 2021

Nifty Future closed @ 17285 as on 30.12.2021..!!

Dear Traders,

Nifty Future has resistance at 17303 – 17330 Point; above which other resistance levels are at 17373 17404 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17232 – 17202 Point; below 17202 Point, other support levels are at 17170 – 17107 Point.

I am positive for the next bullish trend only above @ 17303 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 @ 17303 Point, again then the upper side target is quite high and it may touch @ 17373 Point in the short term...!!!

 

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