November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeNiftyNifty Trend : 25 JANUARY 2022

Nifty Trend : 25 JANUARY 2022

Nifty Future closed @ 17102 as on 24.01.2022..!!

Dear Traders,

Nifty Future has resistance at 17173 – 17202 Point; above which other resistance levels are at 17232 - 17288 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17077 – 17007 Point; below 17007 Point, other support levels are at 16970 – 16909 Point.

I am positive for the next bullish trend only above @ 17288 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 @ 17288 Point, again then the upper side target is quite high and it may touch @ 17303 Point in the short term...!!!

 

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