NIFTY The index is above 23300 - 23250 support range and reversal is expected if the index sustains above support range in downtrend and uptrend will be formed when index sustains above 23500 level.
The upward movement may lead to 23550 – 23600 resistance range and if the index crosses and sustains above this level then may reach near 23800 – 23850 range.
On the contrary, The downward moment may drag the Index to 23100 – 23050 support range in downward momentum and if this support is broken then index may tank near 22850 – 22800 range.
Trade closed: target reached
Gap up opening and moment in range with low near 23350, high near 23465 with close near 23445.
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.