November 30, 2024

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November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 16 March 2023

Nifty Trend : 16 March 2023

Nifty Future closed @ 17037 as on 15.03.2023..!!

Dear Traders,

Nifty Future has resistance at 17077 – 17107 Point; above which other resistance levels are at 17177 – 17202 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17007 – 16939 Point; below 16939 Point, other support levels are at 16909 – 16880 Point.

I am positive for the next bullish trend only above @ 17202 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 @ 17202 Point, again then the upper side target is quite high and it may touch @ 17232 Point in the short term…!!!

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