Nifty Future closed @ 16789 as on 28.02.2022..!!
Dear Traders,
Nifty Future has resistance at 16878 – 16909 Point; above which other resistance levels are at 16939 – 17007 Point with highly Volatile Trend,
Nifty Future has Downside support levels are at 16707 – 16606 Point; below 16606 Point, other support levels are at 16575 – 16505 Point.
I am positive for the next bullish trend only above @ 16909 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 @ 16909 Point, again then the upper side target is quite high and it may touch @ 17007 Point in the short term...!!!
Note :- Before Act please refer & agree Terms & conditions, Disclaimer, privacy policy & agreement on www.nikhilbhatt.in
