NIFTY_MID_SELECT Index has immediate resistance near 12900 – 12925 range and if index crosses and sustains above this level then may reach 13050 – 13075 range.
Midnifty has immediate support near 12650 – 12625 range and if this support is broken then index may tank near 12525 – 1250 range.
Volatility may increase with downside risk if any fresh news emerges on tariff war.
Trade closed: target reached
Gap up opening with high near 12945 due to announcement of GST reduction of consumption commodities but could not sustain and tank to low near 12720 with close near 12740.
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.