NIFTY_MID_SELECT Index has immediate resistance near 13500 – 13525 range and if index crosses and sustains above this level then may reach 13650 – 13675 range.
Midnifty has immediate support near 13250 – 13225 range and if this support is broken then index may tank near 13100 – 13075 range.
Overall sentiment of the market is sideways to negative and selling is expected if the market reaches near resistance level.
Trade closed: target reached
Gap down opening and made low near 13220 then bounced and made high near 13475 and closed near 13445.
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.