May 8, 2025

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May 8, 2025

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HomeNiftyNifty Trend : 04 APRIL 2022

Nifty Trend : 04 APRIL 2022

Nifty Future closed @ 17737 as on 01.04.2022..!!

Dear Traders,

Nifty Future has resistance at 17808 -  17838 Point; above which other resistance levels are at 17888 – 17909 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17676 – 17606 Point; below 17606 Point, other support levels are at 17575 – 17474 Point.

I am positive for the next bullish trend only above @ 17808 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 @ 17808 Point, again then the upper side target is quite high and it may touch @ 17888 Point in the short term...!!!


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