November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeNiftyNifty Trend : 07 November 2023

Nifty Trend : 07 November 2023

Date – 07.11.2023

Nifty Future closed @ 19484 as on 06.11.2023..!!

Dear Traders,

Nifty Future has resistance @ 19505 – 19570 Point; above which other resistance levels are @ 19606 – 19676 Point with highly Volatile Trend,

Nifty Future has Downside support levels are @ 19404 – 19373 Point; below 19373 Point, other support levels are @ 19303 – 19272 Point.

We are positive for the next bullish trend only above @ 19606 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 @ 19606 Point, again then the upper side target is quite high and it may touch @ 19676 Point in the short term…!!!

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