November 23, 2024

+91 99390 80808

November 23, 2024

+91 99390 80808

HomeNiftyNifty Trend : 17 Feb 2021

Nifty Trend : 17 Feb 2021

Nifty Future closed @ 15330 as on 16.02.2021..!!

Nifty Future has resistance at 15373 â€“ 15404 Point; above which other resistance levels are at 15434 â€“ 15474 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 15272 â€“ 15232 Point; below 15232 Point, other support levels are at 15202 â€“ 15188 Point.

I am positive for the next bullish trend only above @ 15434 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 @ 15434 Point, again then the upper side target is quite high and it may touch @ 15474 Point in the short term…!!!

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