Nifty Future closed @ 17608 as on 01.02.2022..!!
Dear Traders,
Nifty Future has resistance at 17636 – 17676 Point; above which other resistance levels are at 17707 – 17717 Point with highly Volatile Trend,
Nifty Future has Downside support levels are at 17570 – 17530 Point; below 17530 Point, other support levels are at 17505 – 17474 Point.
I am positive for the next bullish trend only above @ 17707 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 @ 17707 Point, again then the upper side target is quite high and it may touch @ 17717 Point in the short term...!!!
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