October 19, 2024

+91 99390 80808

October 19, 2024

+91 99390 80808

HomeNiftyNifty Trend : 04 December 2023

Nifty Trend : 04 December 2023

Date – 04.12.2023

Nifty Future closed @ 20360 as on 01.12.2023..!!

Dear Traders,

Nifty Future has resistance @ 20404 – 20474 Point; above which other resistance levels are @ 20505 – 20575 Point with highly Volatile Trend,

Nifty Future has Downside support levels are @ 20303 – 20232 Point; below 20232 Point, other support levels are @ 20188 – 20088 Point.

We are positive for the next bullish trend only above @ 20575 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 @ 20575 Point, again then the upper side target is quite high and it may touch @ 20606 Point in the short term…!!!

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