November 28, 2024

+91 99390 80808

November 28, 2024

+91 99390 80808

HomeNiftyNifty Trend : 29 August 2023 

Nifty Trend : 29 August 2023 

Date – 29.08.2023

Nifty Future closed @ 19314 as on 28.08.2023..!!

Dear Traders,

Nifty Future has resistance @ 19373 – 19404 Point; above which other resistance levels are @ 19434 – 19474 Point with highly Volatile Trend,

Nifty Future has Downside support levels are @ 19272 – 19202 Point; below 19202 Point, other support levels are @ 19188 – 19130 Point.

We are positive for the next bullish trend only above @ 19404 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 @ 19404 Point, again then the upper side target is quite high and it may touch @ 19474 Point in the short term…!!!

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