CNXFINANCE Index has resistance near 28000 - 28050 range and if index crosses and sustains above this level then may reach near 28250 - 28300 range.
Finnifty has immediate support near 275200 – 27550 range and if this support is broken then index may tank near 27350 – 27300 range.
Overall momentum is positive, however, rangebound trade is expected due to expiry day of the Monthly F&O contract on BSE.
Trade closed: target reached
Gap up opening with low near 27800 and made high near 28055 and closed near 27945.
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.