CNXFINANCE Index has resistance near 25800 - 25850 range and if index crosses and sustains above this level then may reach near 26050 - 26100 range.
Finnifty has immediate support near 25300 – 25250 range and if this support is broken then index may tank near 25050 – 25000 range.
Gap up opening expected due to better than projected India’s GDP growth in Q1 FY 2025-26 and bilateral agreements with Japan and China. Day closing is more important than opening and Positive closing will decide trends in the upcoming short term.
Trade closed: target reached
Open flat with low near 25560 and made high near 25755 with close near 25745.
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.