NIFTY_MID_SELECT Index has immediate resistance near 14125 – 14150 range and if index crosses and sustains above this level then may reach 14275 – 14300 range.
Midnifty has immediate support near 13875 – 13850 range and if this support is broken then index may tank near 13725 – 13700 range.
Overall momentum is positive, however, rangebound trade is expected due to expiry day of the Monthly F&O contract on BSE.
Trade closed: target reached
Gap up opening and traded in range with high near 14090, low near 13990 and closed near 14075.
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.