November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeNiftyNifty Trend : 20 OCOTBER 2021

Nifty Trend : 20 OCOTBER 2021

Nifty Future closed @ 18437 as on 19.10.2021..!!

Dear Traders,

Nifty Future has resistance at 18474 – 18505 Point; above which other resistance levels are at 18533 - 18580 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 18404 – 18373 Point; below 18373 Point, other support levels are at 18330 – 18303 Point.

I am positive for the next bullish trend only above @ 18580 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 @ 18580 Point, again then the upper side target is quite high and it may touch @ 18606 Point in the short term...!!!

 

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