Nifty Future  View 4th August 2021

NIFTY Future Monday Close: 16146.5

Pivot Point = 16073

Today NIFTY Future is facing immediate Resistance 1 at 16235 and Resistance 2 at 16324.

If cross Resistance 3 at 16574 with volume will see more strength till Resistance 4 at 16825.  But Stay caution at higher levels.

Today NIFTY Future can be considered as major Support 1 at 15985 & Support 2 at 15823.

If not sustain Support 3 at 15573 then will see more down fall till Support 4 at 15322. Don’t short at lower levels.

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