NIFTY has successfully broken the resistance level of 25,150 and is holding steady above it. A retest of this level could provide a good entry opportunity, with the next target at 25,550.
The market is maintaining a steady uptrend, largely supported by optimism around the resumption of trade talks between India and the USA. Hopes of a potential trade deal are fueling positive sentiment.
However, traders should remain cautious — any delay or setback in negotiations could quickly trigger downside pressure. If you plan to take a position, it’s wise to manage risk carefully, trade with smaller quantities, and keep positions light.
The market is maintaining a steady uptrend, largely supported by optimism around the resumption of trade talks between India and the USA. Hopes of a potential trade deal are fueling positive sentiment.
However, traders should remain cautious — any delay or setback in negotiations could quickly trigger downside pressure. If you plan to take a position, it’s wise to manage risk carefully, trade with smaller quantities, and keep positions light.
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.
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.