Nifty Future closed @ 16950 as on 06.12.2021..!!
Dear Traders,
Nifty Future has resistance at 16988 – 17007 Point; above which other resistance levels are at 17033 – 17077 Point with highly Volatile Trend,
Nifty Future has Downside support levels are at 16909 – 16880 Point; below 16880 Point, other support levels are at 16838 – 16808 Point.
I am positive for the next bullish trend only above @ 17007 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 @ 17007 Point, again then the upper side target is quite high and it may touch @ 17077 Point in the short term...!!!
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