CNXFINANCE Index is in downward momentum and uptrend expected if Index sustains above 26300 level.
The upward movement may lead the Index to 26550 - 26600 resistance range and if the index crosses and sustains above this level then may reach near 26850 - 26900 range.
On the contrary, The downward moment may drag the to 25950 – 25900 support range and if this support too is broken then index may tank near 25650 – 25600 range.
Trade closed: target reached
Gap down opening with high near 26195 and further tank to low near 25920 with close near 25990.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.