Nifty Future closed @ 14708 as on 12.05.2021..!!
Nifty Future has resistance at 14737 – 14777 Point; above which
other resistance levels are at 14808 – 14838 Point with
highly Volatile Trend,
Nifty Future has Downside support levels are at 14676
– 14636 Point; below 14636 Point,
other support levels are at 14606 – 14570 Point.
I am positive for the next bullish trend only above @ 14808 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 @ 14808 Point,
again then the upper side target is quite high and it may touch @ 14838 Point
in the short term…!!!
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