November 25, 2024

+91 99390 80808

November 25, 2024

+91 99390 80808

HomeNiftyNifty Trend : 16 June 2021

Nifty Trend : 16 June 2021

Nifty Future closed @ 15879 as on 15.06.2021..!!

Nifty Future has resistance at 15909 – 15919 Point; above which other resistance levels are at 15930 - 15979 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 15808 – 15777 Point; below 15777 Point, other support levels are at 15733 - 15707 Point.

I am positive for the next bullish trend only above @ 15979 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 @ 15979 Point, again then the upper side target is quite high and it may touch @ 16006 Point in the short term...!!!

 

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