November 29, 2024

+91 99390 80808

November 29, 2024

+91 99390 80808

HomeNiftyNifty Trend : 01 June 2023 

Nifty Trend : 01 June 2023 

Nifty Future closed @ 18629 as on 01.06.2023..!!

Dear Traders,

Nifty Future has resistance at 18676 – 18707 Point; above which other resistance levels are at 18737 18808 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 18575 – 18505 Point; below 18505 Point, other support levels are at 18474 – 18404 Point.

I am positive for the next bullish trend only above @ 18808 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 @ 18808 Point, again then the upper side target is quite high and it may touch @ 18880 Point in the short term…!!!           

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