Index has immediate resistance near 12850 – 12875 range and if index crosses and sustains above this level then may reach 13000 – 13025 range.
Midnifty has immediate support near 12600 – 12575 range and if this support is broken then index may tank near 12450 – 12425 range.
Fresh escalation in trade war by the US will increase volatility in the global market.
Trade closed: target reached
Open flat and made low near 12660 then made high near 12790 with close near 12775.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.