NIFTY_MID_SELECT Index has immediate resistance near 13900 – 13925 range and if index crosses and sustains above this level then may reach 14050 – 14075 range.
Midnifty has immediate support near 13625 – 13600 range and if this support is broken then index may tank near 13475 – 13450 range.
Market is expected to be range bound on the Nifty Weekly F&O expiry and reversal may take place from resistance or support zone.
Trade closed: target reached
Gap down opening and further tank to low near 13500 then bounced and made high near 13790 and closed near 13740.
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.