NIFTY_MID_SELECT Index is expected to continue as long as Index is above the 13500 support level, On the downside, if the 13500 support level is broken, further downside risk opens, however, the overall trend is positive.
The upward movement may lead the Index near 13875 – 13900 resistance range and if the index crosses and sustains above this level then may reach 14050 – 14075 range.
On the contrary, The downward moment may drag the index to 13550 – 13525 support range and if this support is broken then index may tank near 13375 – 13350 range.
Trade closed: target reached
Gap up opening with low near 13805 and made further high to 14005 with close near 13970.
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.
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.