NIFTY_MID_SELECT Index has immediate resistance near 12750 – 12775 range and if index crosses and sustains above this level then may reach 12875– 12900 range.
Midnifty has immediate support near 12525 – 12500 range and if this support is broken then index may tank near 12400 – 12375 range.
Volatility expected due to probable tariff escalation from the US President on imports from India.
Trade closed: target reached
Gap down opening and further tank to low near 12505 then bounced to make high near 12750 and closed near 12725.
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.