November 24, 2024

+91 99390 80808

November 24, 2024

+91 99390 80808

HomeNiftyNifty Trend : 01 June 2021

Nifty Trend : 01 June 2021

Nifty Future closed @ 15583 as on 31.05.2021..!!

Nifty Future has resistance at 15606 – 15636 Point; above which other resistance levels are at 15676 - 15707 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 15533 – 15474 Point; below 15474 Point, other support levels are at 15434 - 15404 Point.

I am positive for the next bullish trend only above @ 15676 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 @ 15676 Point, again then the upper side target is quite high and it may touch @ 15707 Point in the short term...!!!

 

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