November 30, 2024

+91 99390 80808

November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 06 April 2023

Nifty Trend : 06 April 2023

Nifty Future closed @ 17625 as on 05.04.2023..!!

Dear Traders,

Nifty Future has resistance at 17676 – 17707 Point; above which other resistance levels are at 17737 – 17770 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17606 – 17570 Point; below 17570 Point, other support levels are at 17505 – 17474 Point.

I am positive for the next bullish trend only above @ 17707 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 @ 17707 Point, again then the upper side target is quite high and it may touch @ 17737 Point in the short term...!!!                         


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