NIFTY Volatility is expected in the index due to mixed results from banking sector stocks as well as RIL.
The upward movement may lead to 24550 – 24600 resistance range and if the index crosses and sustains above this level then may reach near 24800 – 24850 range.
On the contrary, The downward moment may drag the Index to 24100 – 24050 support range in downward momentum and if this support is broken then index may tank near 23850 – 23800 range.
Trade closed: target reached
Gap down opening and further made low near 24135 then recovered to high near 24265 with close near 24240.
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.