CNXFINANCE Market volatility will surge as global indices open lower due to escalating US-Iran tensions, the threatened closure of the Strait of Hormuz, and soaring crude prices. Any positive diplomatic news to de-escalate the conflict will sharply boost sentiment, whereas further escalation will deepen the sell-off.
The downward moment may drag the to 26550 – 26600 support range and if this support too is broken then index may tank near 26250 – 26200 range.
On the contrary, the upward movement may lead the Index to 27150 - 27200 resistance range and if the index crosses and sustains above this level then may reach near 27450 - 27500 range.
Operación cerrada: objetivo alcanzado
Gap down opening with low near 26550 then recovered to high near 26885 with close near 26835.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.