Nifty Future closed @ 18339 as on 17.01.2022..!!
Dear Traders,
Nifty Future has resistance at 18373 – 18404 Point; above which other resistance levels are at 18414 – 18434 Point with highly Volatile Trend,
Nifty Future has Downside support levels are at 18303 – 18272 Point; below 18272 Point, other support levels are at 18232 – 18202 Point.
I am positive for the next bullish trend only above @ 18404 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 @ 18404 Point, again then the upper side target is quite high and it may touch @ 18434 Point in the short term...!!!
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