November 30, 2024

+91 99390 80808

November 30, 2024

+91 99390 80808

HomeNiftyNifty Trend : 03 May 2023

Nifty Trend : 03 May 2023

Nifty Future closed @ 18204 as on 02.05.2023..!!

Dear Traders,

Nifty Future has resistance at 18232 – 18272 Point; above which other resistance levels are at 18303 – 18330 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 18180 – 18108 Point; below 18108 Point, other support levels are at 18088 – 18008 Point.

I am positive for the next bullish trend only above @ 18330 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 @ 18330 Point, again then the upper side target is quite high and it may touch @ 18374 Point in the short term…!!!           

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