November 30, 2024

+91 99390 80808

November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 12 April 2023

Nifty Trend : 12 April 2023

Nifty Future closed @ 17788 as on 11.04.2023..!!

Dear Traders,

Nifty Future has resistance at 17808 – 17838 Point; above which other resistance levels are at 17880 – 17909 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17707 – 17676 Point; below 17676 Point, other support levels are at 17636 – 17606 Point.

I am positive for the next bullish trend only above @ 17909 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 @ 17909 Point, again then the upper side target is quite high and it may touch @ 17939 Point in the short term…!!!                         

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