NIFTY_MID_SELECT Index is near 14700 resistance level as long as Index is below this level downward trend is inevitable.
The upward movement may lead the Index near 14775 – 14800 resistance range and if the index crosses and sustains above this level then may reach 14950 – 14975 range.
On the contrary, The downward moment may drag the index to 14475 – 14450 support range and if this support is broken then index may tank near 14300 – 14275 range.
Trade closed: target reached
Gap down opening with high near 14590 and further tank to low near 14395 with close near 14430.
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.