NIFTY 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 to 24250 – 24300 resistance range and if the index crosses and sustains above this level then may reach near 24500 – 24550 range.
On the contrary, a downward moment may drag the Index to 23850 – 23800 support range in downward momentum and if this support is broken then index may tank near 23600 – 23550 range.
Trade closed: target reached
Open flat with high near 24115 then tank to low near 23925 with close near 23945.
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.