November 30, 2024

+91 99390 80808

November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 29 March 2023

Nifty Trend : 29 March 2023

Nifty Future closed @ 16970 as on 28.03.2023..!!

Dear Traders,

Nifty Future has resistance at 17007 – 17070 Point; above which other resistance levels are at 17107 – 17170 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 16939 – 16880 Point; below 16880 Point, other support levels are at 16808 – 16787 Point.

I am positive for the next bullish trend only above @ 17070 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 @ 17070 Point, again then the upper side target is quite high and it may touch @ 17107 Point in the short term…!!!                         

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