NIFTY Index is near 24200 - 24250 resistance zone and if the index sustain above this resistance, then -
The upward movement may lead to 24400 – 24450 resistance range and if the index crosses and sustains above this level then may reach near 24650 – 24700 range.
On the contrary, The downward moment may drag the Index to 23950 – 23900 support range in downward momentum and if this support is broken then index may tank near 23700 – 23650 range.
Trade closed: target reached
Open flat with high near 24165 and tank to low near 23960 with close near 23995.
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.