Nifty Trend : 06 September 2023

Date – 06.09.2023

Nifty Future closed @ 19650 as on 05.09.2023..!!

Dear Traders,

Nifty Future has resistance @ 19676 – 19707 Point; above which other resistance levels are @ 19737 – 19770 Point with highly Volatile Trend,

Nifty Future has Downside support levels are @ 19606 – 19570 Point; below 19570 Point, other support levels are @ 19505 – 19474 Point.

We are positive for the next bullish trend only above @ 19770 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 @ 19770 Point, again then the upper side target is quite high and it may touch @ 19808 Point in the short term…!!!

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