Index has resistance near 26175 – 26225 range and if index crosses and sustains above this level then may reach near 26400 – 26450 range.
Nifty has immediate support near 25800 – 25750 range and if this support is broken then index may tank near 25575 – 25525 range.
Rangebound moment expected with reversal from resistance and support zone before the RBI MPC Outcome.
Trade closed: target reached
Open flat with low near 25940 and made high near 26100 then profit booking dragged to close near 26035.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.
