The uptrend should continue, with a reversal expected from support levels if the market drops.
The upward movement may lead the Index near 14700 – 14725 resistance range and if the index crosses and sustains above this level then may reach 14900 – 14925 range.
On the contrary, a downward moment may drag the index to 14400 – 14375 support range and if this support is broken then index may tank near 14200 – 14175 range.
Trade closed: target reached
Gap up opening and moment in range with high near 14620, low near 14535 with close near 14575.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.
