Analysis & Key Levels for Aug 31, 2021

Nifty Futures Chart (5-minute Timeframe)

17000 has the highest CALL Build up. If Nifty Futures moves towards the 17000 level, I will be slightly cautious and exit some long positions. Hence, I am giving only 2 levels on the upside for tomorrow.

Key Levels - Nifty Futures

  • Bulls to control above 16960. Targets on the upside are 17000, 17025.

  • Bears to control below 16934. Targets on the downside are 16909, 16890, 16875.

Click here to see how to use the Key Levels.

What is your market view with respect to Nifty?

  • Bullish
  • Moderately Bullish
  • Sideways
  • Moderately Bearish
  • Bearish

0 voters

If you are looking for Banknifty, Reliance & Infosys Key Levels, please check here.

1 Like

Further, FIIs have added significant Stock positions. It is the highest since February. We might see some stock-specific plays in the coming days.

1 Like