Nifty Future  View 5th August 2021

NIFTY Future Wednesday Close: 16260.8

Pivot Point = 16247

Today NIFTY Future is facing immediate Resistance 1 at 16307 and Resistance 2 at 16354.

If cross Resistance 3 at 16461 with volume will see more strength till Resistance 4 at 16567.  But Stay caution at higher levels.

Today NIFTY Future can be considered as major Support 1 at 16200 & Support 2 at 16141.

If not sustain Support 3 at 16034 then will see more down fall till Support 4 at 15927. Don’t short at lower levels.

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