November 29, 2024

+91 99390 80808

November 29, 2024

+91 99390 80808

HomeNiftyNifty Trend : 02 June 2023 

Nifty Trend : 02 June 2023 

Nifty Future closed @ 18570 as on 01.06.2023..!!

Dear Traders,

Nifty Future has resistance at 18606 – 18676 Point; above which other resistance levels are at 18707 18737 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 18530 – 18474 Point; below 18474 Point, other support levels are at 18404 – 18373 Point.

I am positive for the next bullish trend only above @ 18737 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 @ 18737 Point, again then the upper side target is quite high and it may touch @ 18808 Point in the short term…!!!

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