November 28, 2024

+91 99390 80808

November 28, 2024

+91 99390 80808

HomeNiftyNifty Trend : 23 August 2023

Nifty Trend : 23 August 2023

Date – 23.08.2023

Nifty Future closed @ 19388 as on 22.08.2023..!!

Dear Traders,

Nifty Future has resistance @ 19404 – 19434 Point; above which other resistance levels are @ 19474 – 19505 Point with highly Volatile Trend,

Nifty Future has Downside support levels are @ 19330 – 19303 Point; below 19303 Point, other support levels are @ 19272 – 19230 Point.

We are positive for the next bullish trend only above @ 19474 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 @ 19474 Point, again then the upper side target is quite high and it may touch @ 19505 Point in the short term…!!!

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