November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeNiftyNifty Trend : 03 JANUARY 2022

Nifty Trend : 03 JANUARY 2022

Nifty Future closed @ 17409 as on 31.12.2021..!!

Dear Traders,

Nifty Future has resistance at 17474 – 17505 Point; above which other resistance levels are at 17533 17575 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17373 – 17330 Point; below 17330 Point, other support levels are at 17303 – 17272 Point.

I am positive for the next bullish trend only above @ 17575 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 @ 17575 Point, again then the upper side target is quite high and it may touch @ 17606 Point in the short term...!!!

 

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