Nifty Future View 23rd August 2021

NIFTY Future Friday Close: 16433.7

Pivot Point = 16426

Today NIFTY Future is facing immediate Resistance 1 at 16511 and Resistance 2 at 16588.

If cross Resistance 3 at 16750 with volume will see more strength till Resistance 4 at 16912.  But Stay caution at higher levels.

Today NIFTY Future can be considered as major Support 1 at 16349 & Support 2 at 16264.

If not sustain Support 3 at 16102 then will see more down fall till Support 4 at 15940. Don’t short at lower levels.

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