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HomeNiftyNifty Trend : 13 APRIL 2022

Nifty Trend : 13 APRIL 2022

Nifty Future closed @ 17561 as on 12.04.2022..!!

Dear Traders,

Nifty Future has resistance at 17606 - 17636 Point; above which other resistance levels are at 17676 – 18707 Point with highly Volatile Trend,

Nifty Future has Downside support levels are at 17505 – 17474 Point; below 17474 Point, other support levels are at 17404 – 17373 Point.

I am positive for the next bullish trend only above @ 17676 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 @ 17676 Point, again then the upper side target is quite high and it may touch @ 17707 Point in the short term...!!!


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