The uptrend should continue, with a reversal expected from support levels if the market drops.
The upward movement may lead the Index to 27050 - 27100 resistance range and if the index crosses and sustains above this level then may reach near 27350 - 27400 range.
On the contrary, a downward moment may drag the to 26550 – 26500 support range and if this support too is broken then index may tank near 26250 – 26200 range.
Trade closed: target reached
Open flat with low near 26805 and made high near 26980 with close near 26860.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.
