November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeNiftyNifty Trend : 16 FEBRUARY 2022

Nifty Trend : 16 FEBRUARY 2022

Nifty Future closed @ 17365 as on 15.02.2022..!!

Dear Traders,

Nifty Future has resistance at 17388 – 17404 Point; above which other resistance levels are at 17434 17474 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17303 – 17272 Point; below 17272 Point, other support levels are at 17170 – 17077 Point.

I am positive for the next bullish trend only above @ 17474 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 @ 17474 Point, again then the upper side target is quite high and it may touch @ 17505 Point in the short term...!!!

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