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HomeNiftyNifty Trend : 12 September 2023

Nifty Trend : 12 September 2023

Date – 12.09.2023

Nifty Future closed @ 20046 as on 11.09.2023..!!

Dear Traders,

Nifty Future has resistance @ 20088 – 20133 Point; above which other resistance levels are @ 20188 – 20202 Point with highly Volatile Trend,

Nifty Future has Downside support levels are @ 19939 – 19880 Point; below 19880 Point, other support levels are @ 19838 – 19808 Point.

We are positive for the next bullish trend only above @ 20188 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 @ 20188 Point, again then the upper side target is quite high and it may touch @ 20202 Point in the short term…!!!

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