November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeNiftyNifty Trend : 08 FEBRUARY 2022

Nifty Trend : 08 FEBRUARY 2022

Nifty Future closed @ 17213 as on 07.02.2022..!!

Dear Traders,

Nifty Future has resistance at 17232 – 17272 Point; above which other resistance levels are at 17303 17330 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17170 – 17107 Point; below 17107 Point, other support levels are at 17077 – 17007 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 @ 17330 Point in the short term...!!!

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