Nifty Future closed @ 18333 as on 12.05.2023..!!
Dear Traders,
Nifty
Future has resistance at 18373 –
18404 Point; above which other resistance levels are at 18434 – 18474 Point with
highly Volatile Trend,
Nifty
Future has Downside support levels are at 18280 – 18202 Point;
below 18202 Point, other
support levels are at 18180 – 18108 Point.
I
am positive for the next bullish trend only above @ 18404 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 @ 18404 Point,
again then the upper side target is quite high and it may touch @ 18474 Point
in the short term…!!!
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