Index has immediate resistance near 12825 – 12850 range and if index crosses and sustains above this level then may reach 12975– 13000 range.
Midnifty has immediate support near 12625 – 12600 range and if this support is broken then index may tank near 12475 – 12450 range.
Volatility expected due to further executive orders to be issued by the US President.
Trade closed: target reached
Gap up opening with high near 12760 then tank to low near 12495 and closed near 12505.Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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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: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
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.