NIFTY Market volatility is expected after the US FOMC meeting scheduled tonight, particularly in response to any rate cuts and the Federal Reserve's commentary.
Index has resistance near 26225 – 26275 range and if index crosses and sustains above this level then may reach near 26450 – 26500 range.
Nifty has immediate support near 25900 – 25850 range and if this support is broken then index may tank near 25700 – 25650 range.
Trade closed: target reached
Gap down opening with high near 25965 and further tank to low near 25845 with close near 25880.
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.