NIFTY_MID_SELECT Index has immediate support near 12550 – 12525 range if gap down opening and if this support is broken then index may tank near 12400 – 12375 range.
Midnifty has immediate resistance near 12850 – 12875 range and if index crosses and sustains above this level then may reach 12975 – 13000 range.
High volatility expected due to the escalation of the Israel Iran war.
Trade closed: target reached
Market was in uptrend on the news of Postponement of attack on Iran by US. Open flat with low near 12720 and made high near 13015 and closed near 13985.
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.
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.