NIFTY_MID_SELECT Index has immediate resistance near 13200 – 13225 range and if index crosses and sustains above this level then may reach 13325 – 13350 range.
Midnifty has immediate support near 12950 – 12900 range and if this support is broken then index may tank near 12825 – 12800 range.
The global market may react to the US FOMC head Powell’s speech scheduled tonight if any unfavourable statement emerges.
Trade closed: target reached
Open flat with high near 13070 and tank to low near 12890 with close near 12905.
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.