November 30, 2024

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November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 24 February 2023

Nifty Trend : 24 February 2023

Nifty Future closed @ 17623 as on 23.02.2023..!!

Dear Traders,

Nifty Future has resistance at 17573 – 17606 Point; above which other resistance levels are at 17636 – 17676 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17474 – 17404 Point; below 17404 Point, other support levels are at 17373 – 17303 Point.

I am positive for the next bullish trend only above @ 17676 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 @ 17676 Point, again then the upper side target is quite high and it may touch @ 17707 Point in the short term...!!!


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