November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeNiftyNifty Trend : 08 DECEMBER 2021

Nifty Trend : 08 DECEMBER 2021

Nifty Future closed @ 17223 as on 07.12.2021..!!

Dear Traders,

Nifty Future has resistance at 17272 – 17303 Point; above which other resistance levels are at 17330 17373 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17177 – 17107 Point; below 17107 Point, other support levels are at 17077 – 17007 Point.

I am positive for the next bullish trend only above @ 17373 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 @ 17373 Point, again then the upper side target is quite high and it may touch @ 17404 Point in the short term...!!!

 

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