NIFTY_MID_SELECT Index has support near 14900 - 14875 range and uptrend is expected to continue as long as the index is above this support range.
The upward movement may lead the Index near 15100 – 15125 resistance range and if the index crosses and sustains above this level then may reach 15275 – 15300 range.
On the contrary, The downward moment may drag the index to 14800 – 14775 support range and if this support is broken then index may tank near 14625 – 14600 range.
Trade closed: target reached
Gap down opening with high near 14930 and further drag to low near 14830 with close near 14840.
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.