November 30, 2024

+91 99390 80808

November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 22 February 2023

Nifty Trend : 22 February 2023

Nifty Future closed @ 17840 as on 21.02.2023..!!

Dear Traders,

Nifty Future has resistance at 17880 – 17909 Point; above which other resistance levels are at 17939 – 18008 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17808 – 17737 Point; below 17737 Point, other support levels are at 17707 – 17676 Point.

I am positive for the next bullish trend only above @ 17939 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 @ 17939 Point, again then the upper side target is quite high and it may touch @ 18008 Point in the short term…!!!

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