NIFTY_MID_SELECT Index is near resistance and if crosses and sustains above 14725 - 14750 resistance zone then uptrend is expected to be formed else downtrend is expected to continue.
The upward movement may lead the Index near 14825 – 14850 resistance range and if the index crosses and sustains above this level then may reach 15000 – 15025 range.
On the contrary, The downward moment may drag the index to 14500 – 14475 support range and if this support is broken then index may tank near 14325 – 14300 range.
Trade closed: target reached
Gap up opening with low near 14650 and further made high with close near 14760.
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
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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.