CNXFINANCE Uptrend is expected to continue as long as the Index is above 26500.
The upward movement may lead the Index to 26850 - 26900 resistance range and if the index crosses and sustains above this level then may reach near 27150 - 27200 range.
On the contrary, The downward moment may drag the to 26350 – 26300 support range and if this support too is broken then index may tank near 26050 – 26000 range.
Trade closed: target reached
Gap up opening and moment in range with low near 26715 with close near high 26895.
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.