Nifty Future View 12th August 2021

NIFTY Future Wednesday Close: 16283.35

Pivot Point = 16264

Today NIFTY Future is facing immediate Resistance 1 at 16343 and Resistance 2 at 16403.

If cross Resistance 3 at 16543 with volume will see more strength till Resistance 4 at 16682.  But Stay caution at higher levels.

Today NIFTY Future can be considered as major Support 1 at 16204 & Support 2 at 16125.

If not sustain Support 3 at 15986 then will see more down fall till Support 4 at 15846. Don’t short at lower levels.

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