CNXFINANCE High volatility and a negative opening are expected due to global market turmoil and the upcoming F&O expiry on the NSE on 30th June.
The upward movement may lead the Index to 27025 - 27075 resistance range and if the index crosses and sustains above this level then may reach near 27325 - 27375 range.
On the contrary, a downward moment may drag the to 26500 – 26450 support range and if this support too is broken then index may tank near 26150 – 26100 range.
Trade closed: target reached
Open flat with high near 26885 then tank to low near 26565 with close near 26600.
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.