NIFTY Index is near 23300 support level and range bound moment expected as long as index is in 23300 - 23800 range.
The upward movement may lead to 23600 – 23650 resistance range and if the index crosses and sustains above this level then may reach near 23850 – 23900 range.
On the contrary, The downward moment may drag the Index to 23200 – 23150 support range in downward momentum and if this support is broken then index may tank near 22950 – 22900 range.
Trade closed: target reached
Gap up opening with high near 23595 then tank to close near low of 23120.
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.