NIFTY_MID_SELECT Volatility is increased over uncertainty on crude prices due to the US and Iran conflict in west asia. index is near support and if this support is broken then -
The downward moment may drag the index to 14575 – 14550 support range and if this support is broken then index may tank near 14400 – 14375 range.
On the contrary, the upward movement may lead the Index near 14875 – 14900 resistance range and if the index crosses and sustains above this level then may reach 15050 – 15075 range.
Trade closed: target reached
Gap up opening with high near 14830 then dragged to low near 14730 with close near 14770.
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.