November 25, 2024

+91 99390 80808

November 25, 2024

+91 99390 80808

HomeNiftyNifty Trend : 02 SEPTEMBER 2021

Nifty Trend : 02 SEPTEMBER 2021

Nifty Future closed @ 17086 as on 01.09.2021..!!

Dear Traders,

Nifty Future has resistance at 17107 – 17137 Point; above which other resistance levels are at 17177 - 17202 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17007 – 16960 Point; below 16960 Point, other support levels are at 16909 – 16888 Point.

I am positive for the next bullish trend only above @ 17173 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 @ 17173 Point, again then the upper side target is quite high and it may touch @ 17202 Point in the short term...!!!

 

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