February 22, 2025

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February 22, 2025

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HomeNiftyNifty Trend : 04 January 2023

Nifty Trend : 04 January 2023

Nifty Future closed @ 18317 as on 03.01.2023..!!

Dear Traders,

Nifty Future has resistance at 18373 – 18404 Point; above which other resistance levels are at 18434 – 18474 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 18288 – 18202 Point; below 18202 Point, other support levels are at 18188 – 18108 Point.

I am positive for the next bullish trend only above @ 18404 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 @ 18404 Point, again then the upper side target is quite high and it may touch @ 18474 Point in the short term...!!!


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