NIFTY Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 25000 – 25050 range.
Nifty has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
Oversold zone, bounce back expected with profit booking on high zone as F&O expiry is nearing.
Trade closed: target reached
Gap up opening with high near 24790 and made low near 24605 and closed near 24635.
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.