December 1, 2024

+91 99390 80808

December 1, 2024

+91 99390 80808

HomeNiftyNifty Trend : 31 January 2023

Nifty Trend : 31 January 2023

Nifty Future closed @ 17741 as on 30.01.2023..!!

Dear Traders,

Nifty Future has resistance at 17808 – 17838 Point; above which other resistance levels are at 17909 – 17979 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17676 – 17606 Point; below 17606 Point, other support levels are at 17570 – 17505 Point.

I am positive for the next bullish trend only above @ 17979 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 @ 17979 Point, again then the upper side target is quite high and it may touch @ 18008 Point in the short term…!!!

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