November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeNiftyNifty Trend : 20 JANUARY 2022

Nifty Trend : 20 JANUARY 2022

Nifty Future closed @ 17975 as on 19.01.2022..!!

Dear Traders,

Nifty Future has resistance at 18008 – 18088 Point; above which other resistance levels are at 18108 18130 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17909 – 17870 Point; below 17870 Point, other support levels are at 17838 – 17808 Point.

I am positive for the next bullish trend only above @ 18088 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 @ 18088 Point, again then the upper side target is quite high and it may touch @ 18108 Point in the short term...!!!

 

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