November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeNiftyNifty Trend : 10 DECEMBER 2021

Nifty Trend : 10 DECEMBER 2021

Nifty Future closed @ 17557 as on 09.12.2021..!!

Dear Traders,

Nifty Future has resistance at 17588 – 17606 Point; above which other resistance levels are at 17636 17670 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17505 – 17474 Point; below 17474 Point, other support levels are at 17434 – 17404 Point.

I am positive for the next bullish trend only above @ 17636 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 @ 17636 Point, again then the upper side target is quite high and it may touch @ 17670 Point in the short term...!!!

 

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